DALLAS, Oct. 7, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Citigroup Inc. (NYSE:C). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/C
Citigroup Inc. (C) is a global diversified financial services holding company. The Company provides consumers, corporations, governments and institutions with a range of financial products and services. As of December 31, 2009, Citigroup had approximately 200 million customer accounts and did business in more than 140 countries. Citigroup operates through two primary business segments: Citicorp, consisting of its Regional Consumer Banking (RCB) businesses and Institutional Clients Group (ICG), and Citi Holdings, consisting of its Brokerage and Asset Management (BAM), Local Consumer Lending (LCL), and Special Asset Pool (SAP). In April 2010, Barclays PLC acquired Italian credit card business of Citibank International Bank plc.
Message Board Search for C: http://www.boardcentral.com/boards/C
In the report, the analyst notes:
"C recently reported second quarter 2010 net income of $2.7 billion or $0.09 per diluted share, on revenues of $22.1 billion, marking a second consecutive profitable quarter. C earned $7.1 billion of net income in the first six months of 2010.
"Citigroup has hired three European energy analysts and one equity salesman from Nomura Holdings Inc. as it expands its coverage of oil and gas stocks. Alastair Syme will join the New York-based bank as managing director of the energy research team in London, according to an internal memo dated October 4 obtained by Bloomberg News. He will report to Terence Sinclair, head of the bank's research business."
To read the entire report visit: www.microstockprofit.com/lp/C
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