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Real Estate & Property Law

: Housing Wire

Citi Posts Q1 Profit Against Expectations

By KELLY CURRAN

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Three government rescues and billions in losses later, Citigroup Inc.’s (C: 3.65 -8.98%) quarterly loss contracted to $966m, or 18 cents per share in first-quarter 2009, the company said Friday morning. That’s down from a loss of $5.19bn, or $1.03 per share, a year earlier. Citi’s first-quarter revenue jumped 99% year-on-year to $24.79bn. By contrast, bank [...]

Full post as published by Housing Wire on April 17, 2009 (boomark / email).

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