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S&P cuts outlook on Citigroup, Bank of America
Tue 6:00 pm ET (AP)
Standard & Poor's Ratings Services on Tuesday cut its outlook on Citigroup Inc. and Bank of America Corp. to "negative" from "stable," saying bond holders could take a hit if the government steps in again to support banks.
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| Market Capitalization: | 742B | | Price
/ Earnings: | NM | | Price
/ Book: | 1.7 | | Net
Profit Margin (mrq): | -1.0% | | Price
To Free Cash Flow (mrq): | 1.9 | | Return
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Debt / Equity: | 0.0 | | Dividend
Yield: | 1.3% |
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