All You Need to Know About BofA, Citigroup Earnings

Jan. 17 (Bloomberg) -- Bloomberg's Scarlet Fu recaps the big news from this morning earnings reports from Bank of America and Citigroup. She speaks on Bloomberg Television's "Market Makers."

Steel Price Rise Not Enough to Meet Thyssenkrupp’s Target
57:27 - Thyssenkrupp AG, Germany’s largest steelmaker, swung to a net loss in the fiscal first quarter as the steel industry tries to weather a drop in prices wrought by record Chinese exports.The net loss was 23 million euros ($26 million) in the three months through December compared with net income of 50 million euros a year earlier, the Essen-based company said Friday in a statement. Thyssenkrupp CFO Guido Kerkhoff told Bloomberg’s Manus Cranny on “Countdown” he doesn’t see “any more windfall losses currently” in steel business.
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