NewsWatch: After a 71% profit, this investor just got out of oil and is putting everything into this commodity instead

Citigroup earnings rise 48%, beating analyst estimates

Citigroup Inc. said Thursday its net income climbed 48% to $4.6 billion, or $2.15 per share, from $3.1 billion, or $1.36 a share, in the year-ago quarter. Revenue fell 1% to $17.2 billion including a pre-tax loss of about…

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