Rochester, NY 7/13/2009 5:03:38 PM
Stock Exchange News - C - Citigroup Inc. Presents a Sight of the Good and the Bad - Sourced WhisperFromWallStreet.com
CITIGROUP INC
COMPANY - CITIGROUP INC,C
NEWS - Citigroup Inc. has been prodding investors to zero in on what it will look like when it carves itself into two pieces. On Friday, the New York company released financial data showing the past results of the separated businesses.At first glance, it isn't any wonder Citigroup decided to split the operations it considers core from those the company is looking to shrink or dump. Citicorp, which includes the retail-, commercial- and investment-banking units that executives plan to keep, had a first-quarter profit of $7.69 billion.
ABOUT - Citigroup Inc., doing business as Citi, provides a range of financial products and services to consumer and corporate customers. The company operates through four segments: Global Cards, Consumer Banking, Institutional Clients Group, and Global Wealth Management. The Global Cards segment offers MasterCard, VISA, Diners Club, private label, and American Express card products.
After Hours: 0.00 N/A (N/A) 8:00PM ET
Last Trade: 2.59
Day's Range: N/A - N/A
52wk Range: 0.97 - 23.50
Volume: 0
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