HFA Icon

Citigroup Outperforms JPMorgan in Investment Banking

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Citigroup Outperforms JPMorgan in Investment Banking

Citigroup Inc. (NYSE:C) released its earnings earlier today for the first quarter of 2012. The firms earnings were down below what analysts had expected, at $0.95 versus forecast $1.01, but the market's response to the release has been a positive one.

As of writing the company's stock was up 1.71% to $33.98. Some of the positive effect can be explained by the poor Friday the company suffered seeing today as a rebound from the 3.51% fall last week. There were also some other good indicators in the company's data.

Revenue and...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.