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[ad_1] David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Redwire — The space...

[ad_1] Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.Fraser said in a release that Citigroup would be divided into five main business lines that report directly to her. Previously, the firm had two...