Citigroup Profit Rises 12 Pct, Raises Dividend
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Citigroup Inc., the world's largest  financial services company, on Thursday said fourth-quarter  profit rose 12 percent, helped by growth in its consumer and  investment banking businesses.
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Healthy sales of software and technology services helped fourth-quarter profit rise 12 percent at International Business Machines Corp., which had already disclosed that the results would be way ahead of analysts' forecasts.
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Citigroup Inc. C.N on Thursday said  quarterly profit rose 12 percent as consumer and investment  banking grew, but said it sees 2005 profit at the low end of  Wall Street estimates due to rising interest rates and other  factors.
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Citigroup Inc  on Tuesday cut its quarterly dividend 41 percent, and said it is raising $14.5 billion from offerings of convertible preferred securities.
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Hartford Financial Services Group Inc , the fourth-largest U.S. insurer by assets, said on Thursday its third-quarter net income rose 12 percent, helped by growth in its life insurance operations.
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Microsoft Corp. MSFT.Oon Thursday  said its quarterly profit climbed as revenue rose 12 percent,  but its shares fell as investors failed to account for the  effect of the expensing of stock-based compensation in  assessing the earnings.
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Goldman Sachs Group Inc. on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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Citigroup Inc. C.N and Bank of  America Corp. BAC.N on Thursday posted double-digit gains in  third-quarter profit, driven by gains in consumer lending and  fees.
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Citigroup Inc. C.N, the world's  largest financial services company, on Thursday said  fourth-quarter profit rose, helped by growth in its consumer  business.
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Wells Fargo & Co.  and U.S. Bancorp , two of the largest U.S. banks, on Tuesday both said third-quarter profit rose 12 percent.
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M&T Bank Corp. MTB.N, which counts  billionaire Warren Buffett as its third-largest shareholder, on  Tuesday said quarterly profit rose a greater-than-expected 19  percent, helped by growing fees and a drop in bad loans.
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Shares of Citigroup Inc  rose 3.4 percent on Friday on hopes the largest bank in the United States was close to securing new outside capital and preparing other moves to shore up its strained balance sheet.
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Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, said on Wednesday that quarterly profit rose 12-fold, helped by a gain from the sale of its stake in the London Stock Exchange .
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SAN FRANCISCO (CBS.MW) -- IBM said on Monday that third-quarter profit, excluding a pension-related charge, rose 12 percent from a year ago and slightly beat expectations, as the world&#39;s largest computer company boosted sales of everything from servers to
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Shares in Google rise more than 12% in  New York following the announcement of its huge rise in profits.
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Citigroup Inc on Tuesday said it is raising at least $14.5 billion and cutting its quarterly dividend 41 percent to help shore up a capital base depleted by losses on subprime mortgages and consumer credit.
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Microsoft Corp. (MSFT.O: Quote, Profile, Research) on Thursday said its quarterly profit climbed as revenue rose 12 percent, but its shares fell as investors failed to account for the effect