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Citigroup reporting a profit of two point nine billion dollars in the first three months of the year pleasing Wall Street.
The bank also said it was continuing to cut costs and raise capital.
That's important because Citigroup was one of the few banks to fail the Federal Reserve stress tests earlier this year.
Retail sales rising for the third month in -- -- up eight tenths of 1% in March.
Sales -- fastest for building materials home furnishings electronics cars and clothing.
The government said many shoppers headed out to the stores in the -- seasonably warm weather.
Barbie and hot wheels sales each dropping by 6% in the beginning of the year.
That's one of the reasons toymaker Mattel reported first quarter profits at seven point eight million dollars that's a drop of 53%.
Mattel is also stung by acquisition -- after bought the company behind Thomas and friends and -- the -- American hero Iron Man will be produced in China partially Walt Disney teaming up -- -- DMG entertainment.
To co produce the next Iron Man movie Iron Man three will begin filming this year.
It will incorporate some Chinese Allen and says Disney tries to get a bigger piece of China's booming ticket sales.
And borrowing costs in Spain skyrocket.
Too alarming levels many investors' -- Spain.
Will be the next eurozone nation to need a bail out tests for more on first quarter earnings log onto foxbusiness.com.
In New York -- lines and -- --
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