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Editor's Pick: Markets: The week that was (16-20/11/09)

(RIO.L) Rio Tinto PLC Buy/Sell

3147.75 -36.00 (-1.13%) Down arrow Add to portfolio Set Alert Level 2 Desktop Trader

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(AFX UK Focus) 2009-11-06 23:15
BRIEF-Citigroup says any stock sale by government may hit DTA
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Nov 6 (Reuters) - Citigroup Inc 10-Q regulatory filing:

  • SAYS ITS FUTURE STOCK ISSUANCE, OR SALES OF COMPANY STOCK BY US GOVERNMENT,
    could prevent it from fully using its deferred tax asset

  • SAYS ANY WRITEDOWNS DEFERRED TAX ASSET MAY REDUCE ITS TANGIBLE COMMON EQUITY,
    stockholders' equity

    ((New York Equities Desk; tel: +1 646 223 6000)) (For more news about Citigroup Inc click here:)

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