Citigroup Inc
NYSE: C
$79.95
+$1.08 (+1.4%)
Closing Price on February 28, 2025
C Articles
No matter how badly the economy is doing and what shareholders in American financial firms have lost, it would be a shame to see investment bankers go without their bonuses. According to The London...
Published:
Last Updated:
A year ago, it would have been hard to find people who would believe that Sirius XM (SIRI) or Charter Communications (CHTR) would trade below $1. Sirius had a 52-week high of $3.92. Its merger, which...
Published:
Last Updated:
Bank earnings were hit hard this week. Even if the results at Citigroup (C), Merrill Lynch (MER), and JP Morgan (JPM) did not drive the credit system into insolvency, each company had forecasts which...
Published:
Last Updated:
Henry Paulson seems like a very large and old Eagle Scout. He would never mislead, at least not on purpose. He gave the impression as he announced that Treasury would dump $250 billion into nine...
Published:
Last Updated:
Citigroup (C) is still struggling. The bank reported a net loss for Q3 2008 third of $2.8 billion, or $.60 per. Total assets declined by $50 billion since second quarter 2008 and by $308 billion...
Published:
Last Updated:
According to Reuters, economic attention has now turned to the recession. Reuters reports that a new survey shows that half of all workers are worried about their jobs Reuters reports that unions are...
Published:
Last Updated:
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index is misleading. The market will be...
Published:
Last Updated:
One size fits all. That is the reasoning behind Treasury’s plan to invest money in a number of large banks by purchasing preferred shares. Jamie Dimon of JP Morgan (JPM) and Lloyd Blankfein of...
Published:
Last Updated:
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26 billion each. Merrill Lynch (MER) and Bank of America (BAC) would each...
Published:
Last Updated:
Many of the world’s largest sovereign funds believe that they were taken to the cleaners earlier this year when they dumped billions of dollars into large US financial companies like Citigroup (C)...
Published:
Last Updated:
Wells Fargo & Co. (NYSE: WFC) is the latest of the banking giants to look like the old Citigroup Inc. (NYSE: C) business model. This became the case with the acquisition of Wachovia Corp....
Published:
Last Updated:
The UK government is about to become the de facto largest shareholder in two of the country’s largest banks, HBOS and The Royal Bank of Scotland (RBS). Given the number of times that England has...
Published:
Last Updated:
A few days ago, it would have been nearly impossible to believe that the deals for Bank of America (BAC) to buy Merrill Lynch (MER), for Mitsubishi UFJ to buy 20% of Morgan Stanley (MS), or for Wells...
Published:
Last Updated:
According to Reuters, the US is looking at guaranteeing billions of dollars of bank debt and temporarily insuring all bank deposits. Reuters reports that Citigroup (C) has ended talks about taking...
Published:
Last Updated:
The most wonderful thing about the current financial crisis is that it is a monument to human optimism. Every day executives and government officials signal that things may be getting better....
Published:
Last Updated:
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.