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Gasoline prices - another record high/ supply and demand
"basskisser" wrote in message oups.com... Calif Bill wrote: So, was not just SUV's speeding. How many in your speeding vehicle? Oil makes about 16% profit. Citigroup about 34%. Horse****!! How would Citigroup make a 34% profit when their interest rates aren't even that high?????? Let alone their operating expenses! Citigroup earned $5.27 billion, or $1.05 a share, in the second quarter, up from 5.07 billion, or 91 cents a share, in the quarter a year ago. Revenue rose 10 percent, to $22.2 billion. $5.27B divided by $22.2B = 24.4% |
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