Global banking giant Citigroup Inc. (NYSE: C) has reported its third-quarter results, posting earnings of $1.02 per share on revenue of $18.2 billion. Citi’s earnings and revenue for the quarter missed consensus forecast. Analysts were expecting the New York City-based bank to report third-quarter earnings of $1.04 per share and revenue of $18.74 billion. Despite [...]
Bank of America Corp. (NYSE: BAC) shares plunged 3.75% by midday trade as the company’s revenue dropped nearly 25% in the fourth quarter. For the fiscal fourth quarter, BAC reported earnings of $732 million or 3 cents a share on revenue of $18.7 billion. Analysts polled by Thomson Reuters were expecting earnings of 2 cents [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) shares plummeted nearly 14 percent on Wednesday after the company announced that it will acquire Plains Exploration & Production (NYSE: PXP) and McMoRan Exploration (NYSE: MMR) in two separate deals estimated at $9 billion both in cash and stocks, as the company looks to expand its traction in [...]
Shares of Citigroup Inc. (NYSE: C), a global diversified financial services company providing consumers, corporations, governments and institutions with a broad range of financial products and services, are gaining in trading today. [...]
New York-based banking giant, Citigroup Inc. (NYSE: C) reported results for the third quarter of 2012 ended Sep 30, 2012. Citi shares rose sharply as the company’s results beat Street estimates. [...] |
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