Citigroup currently carries a Zacks Rank #5 (Strong Sell)...
Posted in the Banking Forum
#1 Feb 20, 2014
Despite all the wisdom from David Cheever of Money Talks, Citigroup is having A Hell of A Time...
Read this: On Feb 12, 2014, we issued an updated research report on Citigroup Inc.(C). The company recently reported dismal fourth-quarter 2013 results. With the fall in revenues, its profit level also lagged expectations. A low interest-rate environment and regulatory issues along with litigation risks remain as concerns. Further, considering the tepid economic recovery, we believe that robust top-line expansion will continue to be elusive in the near term - By Zacks Equity Research 20 hours ago...
Don't forget the incoming Court Order: Citibank's equity will drop another $ 25 -$ 30 Billions in USD!!!
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