Citigroup Inc
NYSE: C
$61.87
+$0.16 (+0.3%)
Closing Price on September 27, 2024
C Articles
Citigroup (C) will probably merge its commercial bank and investment bank. That makes sense. They both serve corporate customers. Investment banking fees are down and so is corporate lending....
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According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation. Reuters reports that OPEC will make the largest production cut in its...
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Despite all the capital the Treasury has put into large US banks, their stocks may be about to make new multi-year lows. While the housing market is still hurting their derivative holdings, consumer...
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Schwab (SCHW) said that trades by its customers dropped 18% from October to November falling to "408.0 thousand", as the firm likes to put it. The market still seems volatile. All that moving around...
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A man runs from a burning house covered with soot and with his hair and clothing aflame. A fireman stops him and asks, "What was your strategy for coming out of the front door instead of the side...
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No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the fortunes of the sector will get...
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Cutting jobs is one thing. Going out of business is another. As it becomes clear that millions of jobs will be lost by companies which are weak but will probably make it through the recession, the...
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It is that time of year where companies should have been evaluating their plans for the year ahead. Each year we come out with a list of companies who should get rid of their CEOs or which should...
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Thornburg Mortgage (TMA) was just suspended from trading on the NYSE. Its price has been below $1 for too long. It trades at $.24. Extraordinary, because it 52-week high is $140.50. Losses and fear...
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Despite what executives at Goldman Sachs (GS) and several other large financial firms have done by agreeing to take no bonuses, there has been no such word out of Citigroup (C). It looked like Citi...
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According to Reuters, falling interest rates will not offset unemployment and falling prices to save to housing market. Reuters reports that GM (GM) and Chrysler are considering bankruptcy to get US...
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The wonderful and extraordinary thing about big federal spending programs is that the government does not have enough people to keep track of how the money is used. Grifters are everywhere. So are...
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According to Reuters, a bailout of US car companies gained support in Congress as GM (GM) and Chrysler said they needed money immediately to stay in business. Reuters reports that Merrill will cut...
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Citigroup, Inc. (NYSE: C) is still in a pinch despite more than a 100% bounce from recent lows, and its still-relatively new CEO is caught right in the middle of a storm he might not escape. This...
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Hope springs eternal. For several months now analysts and investors have believed that the fourth quarter would be a reasonable one for banks. A lot of the bad paper on their balance sheets would...
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