Citigroup Inc. (NYSE:C) released its earnings earlier today for the first quarter of 2012. The firms earnings were down below what analysts had expected, at $0.95 versus forecast $1.01, but the market’s response to the release has been a positive one. As of writing the company’s stock was up 1.71% to $33.98. Some of the positive effect can be explained by the poor Friday the company suffered seeing today as a rebound from the 3.51% fall last week. There were also some other good indicators in the company’s data. Revenue and earnings per share were well up from the last…
Citigroup Outperforms JPMorgan in Investment Banking
HFA Staff
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