Search results
Results from the WOW.Com Content Network
Citigroup (C) said Monday it earned a surprising $4.4 billion in the first quarter, its highest profit in almost three years. The poster child for "too big too fail" easily topped Wall Street ...
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City.The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.
The Institutional Brokers' Estimate System (I/B/E/S) is a service founded by the New York brokerage firm Lynch, Jones & Ryan and Technimetrics, Inc. I/B/E/S began collecting earnings estimates for U.S. companies around 1976 and used the raw data to calculate statistical time series for each company.
Analysts expect the New York-based company to report quarterly earnings at $1.21 per share, up from 84 cents per share in the year-ago period. Citigroup projects quarterly revenue of $19.42 ...
Citigroup repaid $20 billion of the bailout money in December 2009 and the Treasury sold its remaining stake one year later, for a total net profit of $12 billion. [56] In December 2008, investors filed a lawsuit contending that Citigroup executives, including Rubin, sold shares at inflated prices while concealing the firm's risks. [57]
Analysts estimated Citigroup would report earnings of five. Citigroup (C) on Friday reported second quarter 2010 net income of $2.7 billion, or nine cents per share, on revenues of $22.1 billion ...
For premium support please call: 800-290-4726 more ways to reach us
Tangible common equity (TCE), the subset of shareholders' equity that is not preferred equity and not intangible assets, [1] [2] is an uncommonly used measure of a company's financial strength. It indicates how much ownership equity owners of common stock would receive in the event of a company's liquidation .