International Business News - Citi http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Apparel maker Citi Trends Inc. said Wednesday its sales increased 13.5 percent in the first quarter. For the quarter ended May 3, sales grew to $121 million from $106.6 million in the year-ago period. http://www.ibtimes.com/articles/20080507/citi-trends-1q-same-store-sales-edge-up.htm Wed, 07 May 2008 16:38:47 EDT Wells Fargo & Co. said Tuesday it is buying the accounts of Citibank customers in select cities in Nevada and California, including $500 million in deposits and $60 million in loans. Wells Fargo, wh... http://www.ibtimes.com/articles/20080415/wells-fargo-to-buy-500m-of-citi-deposits-in-western-us.htm Tue, 15 Apr 2008 18:23:21 EDT Tradeweb, a network of online fixed-income markets owned by Thomson Corp., said Tuesday that Citi is buying a minority stake in the company for an undisclosed amount, and will obtain a seat on its bo... http://www.ibtimes.com/articles/20080408/citi-takes-minority-stake-in-tradeweb.htm Tue, 08 Apr 2008 11:26:26 EDT Citigroup Inc. plans to split its consumer banking unit from its credit-card business as part of a broader reorganization to cut costs and simplify the large financial institution's structure, the company said Monday. http://www.ibtimes.com/articles/20080331/citi-splits-consumer-banking-card-units.htm Mon, 31 Mar 2008 07:36:22 EDT Apparel retailer Citi Trends Inc. on Wednesday projected fiscal 2008 earnings above analyst expectations. The company forecast a profit of $1.10 to $1.15 per share, while analysts polled by Thomson Financial predict a profit of $1 per share. http://www.ibtimes.com/articles/20080326/citi-trends-sees-2008-above-street.htm Wed, 26 Mar 2008 16:39:32 EDT Citi Investment Research analyst Keith Horowitz said Thursday banks' first-quarter earnings should increase about $5.4 billion because of the initial public offering of Visa Inc. and the reversal of litigation reserves tied to their stakes in Visa. http://www.ibtimes.com/articles/20080320/banks-1q-earnings-to-get-boost-from-visa.htm Thu, 20 Mar 2008 12:25:44 EDT Citi Investment Research analyst Prashant Bhatia cut his fiscal first-quarter earnings estimates for Goldman Sachs Group Inc., Lehman Brothers Holdings Inc. and Morgan Stanley due to an expected rise in various portfolio write-downs. http://www.ibtimes.com/articles/20080220/analyst-sees-trouble-at-investment-banks.htm Wed, 20 Feb 2008 12:04:32 EST Citigroup Inc. said Tuesday it received a 10-year contract to administer payment cards for Defense Department employees who spent about $4.9 billion in fiscal 2007. http://www.ibtimes.com/articles/20080219/citi-to-administer-cards-for-dod-travel.htm Tue, 19 Feb 2008 13:16:03 EST