What to Expect From Citigroup Earnings
Analysts expect Citigroup to earn a profit of $3 billion or 96 cents per share on revenue of $18.18 billion for the quarter.
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#1 Jan 15, 2014
Well good news for shareholders Citimortgage announced they will be closing 2 mortgage default sights one in SC and one in MD will be Laying off a couple thousand employees and servicing will be handled mainly off-shore bad news for clients and staff!! Thanks for looking out for US employees maybe you will need to figure out what you couldn't do for years modify terms of loans!!! Only now for ex-employees. Also gave up supposedly servicing rights of 330k loans to FNMA since servicing was terrible no one there knows a thing about mortgages from top management and down the ladder. Maybe they should concentrate on something they know about? What could that possibly be oh!! Fraud and manipulation always worked best for them no need to stop now!!
#2 Jan 18, 2014
Its stock dropped more than 6% in the last two days...And things could go much worse in the future!!!
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