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Citigroup Inc. is Today's Focus Stock on MicroStockProfit.com

DALLAS, Sept. 9, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Citigroup Inc. (NYSE:C). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
/ Source: GlobeNewswire

DALLAS, Sept. 9, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Citigroup Inc. (NYSE:C). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at:

Citigroup Inc. (C) is a global diversified financial services holding company. The Company provides consumers, corporations, governments and institutions with a range of financial products and services. As of December 31, 2009, Citigroup had approximately 200 million customer accounts and did business in more than 140 countries. Citigroup operates through two primary business segments: Citicorp, consisting of its Regional Consumer Banking (RCB) businesses and Institutional Clients Group (ICG), and Citi Holdings, consisting of its Brokerage and Asset Management (BAM), Local Consumer Lending (LCL) and Special Asset Pool (SAP). In April 2010, Barclays PLC acquired Italian credit card business of Citibank International Bank plc.

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In the report, the analyst notes:

"Revenues declined $3.4 billion and net income was down $1.7 billion from the first quarter of 2010, largely as a result of lower Securities and Banking and Special Asset Pool revenues. Other core businesses showed consistent strength, including Transaction Services with $929 million in net income and sequential revenue growth across all international regions.  

"Citibank Japan Ltd. (hereafter Citibank Japan) was ranked No. 1 in the Nikkei's prestigious Retail Banking Survey. Jointly conducted by Nikkei Inc. and Nikkei Research Inc., the sixth annual survey compared the quality of over-the-counter service and financial products of 118 banks in Japan."

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