Cold weather over Sri Lanka

The Gulf of Mannar sea area and sea areas off Western, Southern and South-eastern coasts will be rough at times. (Colombo Gazette) The weather over Si Lanka today has been mainly fair and cold, the Department of Meteorology said.A cold breeze was felt in Colombo and the surrounding areas from morning. Winds will be from North-easterly or Northerly direction and speed will be 30 – 40 km/hr. The speed may increase up to 50-60 km/hr at times in the Gulf of Mannar sea area and sea areas off the Western, Southern and South-eastern coasts. The Department of Meteorology meanwhile said that there will be showers or thundershowers at several places in the sea areas off Eastern, South-eastern and Southern coasts over the next few hours. read more

Bank of America 2Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Bank of America Corp. (BAC) on Wednesday reported second-quarter earnings of $7.35 billion.The Charlotte, North Carolina-based bank said it had earnings of 74 cents per share.The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.The nation’s second-largest bank posted revenue of $29.12 billion in the period. Its revenue net of interest expense was $23.08 billion, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $22.97 billion.Bank of America shares have increased 18% since the beginning of the year, while the Standard & Poor’s 500 index has increased 20%. The stock has declined almost 3% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAC at https://www.zacks.com/ap/BACThe Associated Press read more