Archive for April, 2009
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Citigroup Profit Exceeds Estimates on Trading, Accounting Rule
April 17 (Bloomberg) — Citigroup Inc., the U.S. bank rescued by $45 billion in U.S. taxpayer funds, ended a five- quarter losing streak with a $1.6 billion profit on trading gains and an accounting benefit for companies in distress.
Citigroup surged 17 percent in New York trading. The first- quarter profit compared with a net loss of $5.11 billion, or 34 cents, a year earlier, the New York-based bank said. On a per- share basis, the bank reported an 18-cent loss because of costs related to preferred dividends. The average estimate of 13 analysts surveyed by Bloomberg was a loss of 32 cents.
تم استدعاء جميع دوريات الكويت الى مبنى امن الدوله في جنوب السره
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