dow futures....., page-15

from reuters

http://www.reuters.com/article/newsOne/idUSTRE49F3XD20081016

Citibank
NEW YORK (Reuters) - Citigroup Inc, battered by the global credit crisis, posted its fourth straight quarterly loss on Thursday, hurt by more than $13 billion of credit costs and write-downs tied to complex and low-quality debt.
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Analysts on average expected a loss of 70 cents per share on revenue of $19.42 billion, according to Reuters Estimates.

ML
NEW YORK (Reuters) - Merrill Lynch & Co reported a third-quarter net loss of $7.5 billion on Thursday -- worse than analysts had expected -- on write-downs and credit losses on complex debt securities.
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The company posted a loss of $5.56 per share from continuing operations.

Analysts' average forecast was a loss of $5.18 per share, according to Reuters Estimates.
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i think the citibank news will offset the ML bad news