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Citigroup Reports Q4 Earnings Below Estimates

Tuesday, January 18, 2011 - 9:46 AM
Unlike last Friday's Chase earnings report, Citigroup's fourth quarter earnings report that it released today didn't exceed expectations. From Bloomberg:
Citigroup Inc., the third-largest U.S. bank, said earnings were $1.31 billion, less than analysts estimated, as narrowing credit spreads reduced pretax profit by $1.1 billion.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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