Market Updates: Citigroup (NYSE:C), Hasbro (NYSE:HAS), AIG (NYSE:AIG)

Citigroup (NYSE:C) said on Monday that its third quarter operating profit hit $2.2 billion, or 7 cents a share, versus a $101 million operating profit, and a per share loss of 27 cents a year ago. Citi’s third quarter revenue was $20.7 billion, compared to $23.1 billion a year ago. Analysts polled by FactSet Research had expected the company to earn 6 cents a share on revenue of $21.8 billion. –Marketwatch AIG (NYSE:AIG) plan to exit U.S. ownership includes a new $2 billion backstop from the Treasury Department after credit raters said the company may need emergency capital as it regains independence. The funds will be available when… . . . → Full Story: Market Updates: Citigroup (NYSE:C), Hasbro (NYSE:HAS), AIG (NYSE:AIG)
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