Stock Alerts : MicroStockProfit announces an investment report featuring Citigroup

Time 6/18/2010 11:57:00 AM
source:marketwatch.com
MicroStockProfit.com announces an investment report featuring Citigroup Inc.. The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

In the report, the analyst notes:

"Revenues grew $7.5 billion and net income increased $5.8 billion, excluding the $10.1 billion pre-tax loss from the TARP repayment and exit of the loss-sharing agreement with the U.S. government in the fourth quarter of 2009. Provisions for credit losses and for benefits and claims declined $2.4 billion sequentially to $8.6 billion, the lowest level since the first quarter of 2008. Expenses were down 6% sequentially to $11.5 billion.

"Citigroup Global Transaction Services and Euroclear Bank recently announced an agreement with Bloomberg's Asset and Investment Manager (AIM) system and Euroclear Bank's cross-border fund processing platform -- FundSettle -- to fully automate front-to-back-end fund-transaction processing for institutional clients."