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IBD'S TOP 10.(A)

Investor's Business Daily

| July 17, 2001 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Citigroup Tops Big Banks;

Weakness Hurts BofA Net

1No. 1 U.S. bank Citigroup netted 74 cents a share in the second quarter, up 14% and a cent over views. Results were boosted by global consumer operations, where profit rose 19% to $1.89 billion. Citigroup stock rose 29 cents to 49.15. Bank of America netted $1.24, up a penny, but 6 cents over views. A rise in bad loans knocked down results. Its shares rose 1.13, or 2%, to 61.38. Bank of New York earned 52 cents, up 8%, but a penny under goals. It warned that future profit could fall short if weak market conditions continue. Its stock sank 6.40, or 13%, to 43.More on A11

Business Inventories Flat,

But Sales Get Large Boost

2Total business inventories were unchanged in May from April. A small buildup by retailers and wholesalers was offset …

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