Friday, July 17, 2009

News Alert: Citigroup Reports $4.3 Billion Earned in Second Quarter

Breaking News Alert
The New York Times
Friday, July 17, 2009 -- 8:19 AM ET
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Citigroup Reports $4.3 Billion Earned in Second Quarter

Citigroup posted a second-quarter profit of $4.3 billion on
Friday, beating analysts' forecasts. But its earnings were
lifted primarily by the sale of its Smith Barney unit, which
helped offset a decline in operating revenues as the company
continued to be hobbled by the economic and financial crisis.

Read More:
http://www.nytimes.com/?emc=na

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