Citigroup Inc
NYSE: C
$61.87
+$0.16 (+0.3%)
Closing Price on September 27, 2024
C Articles
Vikram Pandit, CEO of Citigroup Inc. (NYSE: C) is being credited for most of today’s rally based upon a memo he sent to employees after last week’s debacle. We have provided additional data,...
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Citigroup (C) CEO Vikram Pandit says that the bank is having a great quarter. That must be true because he says it is, although his comments in the past have not always been spot on. According to...
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According to the head of the FDIC, a “bad bank” system could jumpstart the US economy. Reuters reports that some economists believe that the US economy will start to rebound in the second half of...
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GM’s (GM) stock is racing toward $1 where it can join Citigroup (C) and a number of other famous American companies which could not hold that price point. Today GM trades at $1.43, and had been...
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Wells Fargo (WFC) is supposed to be one of the healthier big banks. The market has not treated that way, driving its shares relentlessly lower–down 40% over the last five trading days which is...
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According to Reuters, Obama will start work on getting his healthcare plan passed. Reuters reports that February joblessness is estimated to rise 648,000 for February. Reuters reports that the pick...
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The Dow Jones industrial average, or DJIA, is perhaps the mostly widely recognized index in the world. When people talk about “The Market” in cabs and in bars, and on the phone, they do not...
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Citigroup (G), until recently the largest financial services company in the world, traded below $1 at 11.37 AM today, one more road mark on its trip to a becoming a firm which is essentially...
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GE (GE) Panic selling over concerns about balance sheet of financial division. Drops to $5.73 from 52-week high of $38.52. Citigroup (C) Worries about nationalization persist. Down to $1.11 from...
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Two years ago, Citigroup shares traded for $55. Last week, after the government said it might own as much as 36% of the company, the stock dropped to $1.40. Citigroup is about to become a penny...
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According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering funds to buy...
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Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE (GE) Market not comforted that GE’s financial services are is not in trouble....
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HSBC (HBC) proved two things as it raised just over $17 billion to offset substantial losses. The first is that a money center bank can still raise capital, even in a tight credit market. The second...
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On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the ability of the American people to overcome adversity...
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Citigroup (C) Government will take a 36% share. Drops to $1.42 from 52-week high of $27.35. AMBAC Inc (ABK) Market hates it earnings. Drop to $.56 from 52-week high of $12.37. Synta Pharmaceuticals...
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