Tuesday, January 15, 2008

Citigroup: Net Loss of $9.83 Billion & $22 Billion In Writedowns

And then it trades higher...



Oh good. Back to reality.



NOTE: C also cut its quarterly dividend 40%.
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2 comments:

  1. HPTJanuary 15, 2008 at 8:36 AM

    I predict the market is going to be a real chop fest today. obviously, keep a close eye on financials for market direction today.

    ReplyDelete
  2. Dinosaur TraderJanuary 15, 2008 at 2:59 PM

    Good call. It's been pretty choppy out there. After 10:30 we've been pretty directionless.

    I'm hopping for an afternoon pop upwards to spice things up.

    -DT

    ReplyDelete

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