Citigroup lowers third-quarter share to 44 cents
NEW YORK (Reuters) - Citigroup Inc said on Monday that it had revised lower its third-quarter earnings per share to 44 cents from a previously reported 47 cents.
Citi said the lowered third-quarter earnings reflected the correction on the valuation of $43 billion in exposure to collateralized debt obligations backed by asset-backed securities.
(Reporting by Christian Plumb and Jon Stempel)








