Money, Money, Money
Citigroup has reported a loss of $7.6bn (£4.7bn) for the final three months of 2009. The loss is mostly due to repaying government loans. JP Morgan reported profits of $3.3bn for the last three months of 2009 last. Surprisingly, at least to me, Citi's shares went up 0.6% on the day. Would you buy stock from Citigroup?
Related Posts
Copyright 2009 Just My Two Cents. Powered by
Blogger.
Blogger Templates created by Deluxe Templates
Designed by grrliz
Blogger Templates created by Deluxe Templates
Designed by grrliz
0 comments:
Post a Comment