Bank of America (BAC) slips on Q1 net loss

Bank of America (NYSE: BAC) dipped 3% to $15.90 after the firm reported a net loss in the first quarter. Bank of America posted a quarterly net loss of $276 million, or $0.05 per share, versus a year-ago profit of $1.5 billion, or $0.10 per share. Share volume was 4.5 million, compared to an all-day average of 19.3 million