Citigroup Inc
NYSE: C
$62.60
+$0.73 (+1.2%)
Closing Price on September 30, 2024
C Articles
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week. The CEOs are chosen on the basis of their company’s...
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Most industries get to spread out their bad news. The current exceptions appear to be the automotive and banking sectors.Some days they can be hit from three or four sides. An impression that the...
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AIG is ready to repay the Fed $40 billion. The money will come from preferred shares it raised with backing from Treasury. If AIG defaults, the federal government gets the bag. That is the great part...
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According to Reuters, Paulson has turned his back on giving insurance companies part of the bailout Reuters reports that Rio Tinto (RTP) is faced with selling assets, Reuters reports that the head of...
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It was just this last summer that the heads of Merrill Lynch (MER), Lehman, and Morgan Stanley (MS) said the financial crisis had peaked and its energy was dissipating. It would be hard to find a...
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The news is as old as the Magna Carta. The consumer is broke. He does not have a dime. He is out of work. He is defaulting on his home equity loan, and the bank has reposed his credit card. It may...
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According to MarketWatch, shares in Rio Tinto (RTP) dropped 40% after BHP Billiton (BHP) dropped its offer for the company. According to Reuters, Citigroup’s (C) assurances that it did not need...
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The market may be cheering the Citigroup (C) bailout, but one of the bank’s top analysts suggested that the cork go back in the bottle. There won’t be any party between now and New Year’s....
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The Paulson/Bernanke bailout is now spreading across the financial system like a prairie fire in a stiff wind. AIG (AIG) got one deal. A number of banks got a piece of another deal, the $700 billion...
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One size does not fit all. Citigroup (C) will get a bailout which does not look anything like the deal the government has made with other large banks under the $700 billion Paulson program. It also...
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According to Reuters, the US government gave Citigroup (C) a bailout worth over $300 billion. Reuters reports that the rescue of Citi failed to dispel concerns about the financial market as some...
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The speculation has been brewing all week (longer actually, but let’s move on) where Citigroup, Inc. (NYSE: C) was going. Many believed an ‘AIG-esque’ package was coming, and many believed a...
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There had been speculation for almost a week that the government has been trying to broker a marriage between Goldman Sachs (GS) and Citigroup (C). Goldman has apparently been cool toward taking on...
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It has come to this. Will the federal government allow the shares of Citigroup (C) to open for trading on Monday morning without a plan in place to support the bank or a buyer for the firm? The way...
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It would make sense that Citigroup (C) has been talking to the Fed, FDIC, and Treasury over the last few days. Even if Vikram Pandit wanted to dodge those talks, the feds would knock down his door if...
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