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Rap Sheet

Author:

Peter York

Subject:

News

Date:

07/13/09 at 9:44 AM CDT

 

 

READ: 1887

RPLY: 0

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Sentiment:

Neutral

Citigroup Shares Rise After Share Collapse in Japan

Citigroup Inc. shares in Tokyo had fallen over 6% last night, with the Nikkei index down 2.55%.  It looks like Japanese Citigroup traders may have overreacted.

This morning, despite an analyst earnings warning, Citigroup shares are up around 3%, suggesting that Tokyo's light trading of Citigroup had little impact in trading on Wall Street.  Citigroup shares also trade in Mexico.

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