Earnings roundup: Citigroup, Mattel

By Associated Press
July 18, 2008 | Comments (0)

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Among the earnings stories for Friday, July 18, from AP Financial News:

Top stories:

NEW YORK (AP) _ Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5 billion second-quarter loss that was smaller than the market expected.

Other stories:

UNDATED (AP) _ Toy maker Mattel Inc. said Friday that second-quarter sales rose 11 percent to $1.11 billion, with a strong showing from items related to summer movies like "Kung Fu Panda" and the latest Batman film. International sales rose 15 percent, mainly coming from the effect of the weaker dollar, while U.S. sales rose 3 percent.

MILWAUKEE (AP) _ Strong sales growth pushed Sensient Technologies Corp.'s second quarter profit up 20 percent in the second quarter.

REDWOOD CITY, Calif. (AP) _ Informatica Corp. said late Thursday its second-quarter profit increased 10 percent, driven by strong demand for its data integration software and services.

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