The Inland Echo » Business » Citigroup reports $4.3 billion earned in second quarter
Citigroup reports $4.3 billion earned in second quarter
By News Services
Citigroup posted a second-quarter profit of $4.3 billion on Friday, beating analysts’ forecasts. But its earnings were lifted primarily by the sale of its Smith Barney unit, which helped offset a decline in operating revenues as the company continued to be hobbled by the economic and financial crisis.
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