AI
Monday, July 21, 2008 5:37:10 AM
they are bad but if they meet expectation with better outlook, just like Citi, with 7B write-down, are still good
#msg-30816826
Citigroup (C 19.88, +1.91) reported a loss that was less severe than feared. The firm also announced more than $7 billion in write-downs, though the extent of those adjustments was 40% less than the previous quarter. Shares of C have climbed to their highest level in nearly one month.
My posting is for my own entertainment, do your own DD before pushing your buy/call button
#msg-30816826
Citigroup (C 19.88, +1.91) reported a loss that was less severe than feared. The firm also announced more than $7 billion in write-downs, though the extent of those adjustments was 40% less than the previous quarter. Shares of C have climbed to their highest level in nearly one month.
My posting is for my own entertainment, do your own DD before pushing your buy/call button
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