Citigroup Inc
NYSE: C
$61.81
-$0.79 (-1.3%)
Closing Price on October 1, 2024
C Articles
It is one thing for Citigroup (NYSE: C) to sell $12 billion in leveraged corporate loans to private equity firms and even lend part of the money for the transactions. It is another for the bank to...
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Early indicators from companies like Wachovia (NYSE: WB) and General Electric (NYSE: GE) show that the last half of March may have been tougher on banks earnings than Wall St. expects. Bloomberg...
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Deutsche Bank (NYSE: DB) is in the process of selling $20 billion of LBO loans. If the financial firm thought its earnings were OK and that its balance sheet would allow it to do business as usual...
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Wachovia (NYSE: WB) will raise between $6 billion and $7 billion. Will the money come in at $28 where the bank trades now? That is already down by half from the 52-week high of almost $57. What a...
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According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash. Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA)...
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Over the last week, both major financials and techs sold off substantially, another sign that one major sector is doing nothing to offset the other. Taken in tandem with GE’s (NYSE: GE) bad news it...
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With all of the write-offs it has taken in the past and all those it is likely to take in the future, the market rubbed more salt in the wounds of Citigroup (NYSE: C). Apple (NASDAQ: AAPL), parent of...
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Citigroup (NYSE: C) is expected to post write-downs of as much as $12 billion in first quarter and have a loss of over $3 billion. Merrill Lunch (NYSE: MER) could show write-offs of $5 billion and a...
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Citigroup (NYSE: C) cannot syndicate its EMI loan, AMD (NYSE: AMD) has lost its CTO, Fedex’s (NYSE: FDX) CEO sees a slowdown in the economy, and Nokia (NYSE: NOK) can’t sell phones with TVs....
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It is spring on Wall St. With the warmer weather comes hope that the big financial crisis which seems to have engulfed everything in the world over the last three quarters is losing its steam now. In...
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Citigroup (NYSE: C) seems to have come up with a deal to sell over $12 billion in problem corporate debt, some of it likely from LBO transactions. The buyers are the astute private equity firms...
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According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will hit a sharp...
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Citigroup (NYSE: C) is near a deal to sell $12 billion of problem corporate debt to a group of private equity firms. According to The Wall Street Journal the firms include "Apollo Group, TPG and...
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If there is any sort of recession at all, the top hedge fund managers don’t know it. John Paulson and Phil Falcone of Harbinger each made as much as $2 billion last year. The top ten managers all...
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The short interest in NYSE stocks hit a record for the March 31 period. The number compare to those on March 14. Shares short in banks and brokerages began to drop. Short interest in Fannie Mae (FNM)...
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