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Accounting Profits Boost Citi Earnings Beating Estimates, Shares Pop (C)
Monday, July 15, 2013 - 10:56am | 344Citigroup (NYSE: C) reported second quarter EPS that beat estimates on the top and bottom lines. However, some accounting items boosted profits and made the numbers appear slightly better at first glance than they really are. Second Quarter Highlights For the second quarter of 2013, Citigroup...