Citi Earnings Hit By Long Arm Of The Law - Presented by: The Aol. On Network

Citigroup reported second-quarter earnings of three cents per share Monday, as it agreed to a massive $7 billion settlement with the Justice Department. Excluding the settlement and other charges, Citi's earnings would have been $1.24 per share.Analysts were expecting $1.05 per share, excluding special charges. Citi shares rose $1.81, or 3.8%, to $48.81 per share in pre-market trading.



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