While you were sleeping: Wall Street rebounds

Tue, 14 Oct 2014

By Margreet Dietz Oct. 15 (BusinessDesk) - Wall Street rose after the worst three-day slide since 2011, helped by better-than-expected quarterly results from companies including Citigroup. Shares of Citigroup climbed, last up 2.8 percent, after the bank reported quarterly profit that surpassed analysts’ expectations. It also detailed plans to exit consumer operations in another 11 countries. “Our consumer bank and institutional business each had solid performance during the quarter,” CEO Michael Corbat said in a statement. “The revenue...

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