Company News: Citigroup (C) reported weaker than expected fourth quarter profits

Market news

15 January 2015

Company News: Citigroup (C) reported weaker than expected fourth quarter profits

Citigroup (C) earned $0.06 per share in the fourth quarter, missing analysts' estimate of $0.10. Revenue in the fourth quarter increased 0.2% year-over-year to $17.81 billion, missing analysts' estimate of $18.53 billion.

Citigroup (C) shares decreased to $48.55 (-1.02%) prior to the opening bell.

German economy grew 1.5% in 2014

U.S.: NY Fed Empire State manufacturing index , December 9.95 (forecast 5.3)

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