Citigroup Has $5.1 Billion Loss, Cuts 9,000 More Jobs; Sales Top Estimates
Posted by Financial Market News on April 20th, 2008Citigroup Inc. posted a $5.11 billion first-quarter loss, less than analysts' most pessimistic estimates, and cut 9,000 jobs, sending its shares higher and sparking a rally in U.S. stocks and the dollar. via Bloomberg
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