Citigroup Inc
NYSE: C
$62.03
+$0.22 (+0.4%)
Closing Price on October 2, 2024
C Articles
Citigroup (NYSE: C) is set to report earnings tomorrow morning. While this will be the first of the big money center banks and financial conglomerates to officially report earnings, the actual...
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Late word is that the China Development Bank may pass on putting $2 billion into Citigroup (C) as was planned. According to The Wall Street Journal the Chinese government may be blocking the deal. As...
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CNBC reported that Citigroup (C) could have a $24 billion write-off. The source for that report is not clear. Last week, Goldman Sachs said Citi might have to take a charge of $15 billion. That...
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According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait...
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The Wall Street Journal writes that Prince Alwaleed bin Talal and the China Development Bank as putting money into Citigroup (C), The CDB will probably contribution $2 billion. Over at the FT, the...
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Perhaps Warrent Buffett was asked and perhaps he was not, but Citigroup (C) ended the week with more money in its checking account. According to The Wall Street Journal "Prince Alwaleed bin Talal is...
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Merrill may have to write off another $15 billion for Q4. If the Fed and Treasury want to do something for banks, mortgage companies, and investment houses, they can stop lending them money. In some...
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Citigroup (C) is in the market for another $10 billion. Merrill Lynch (MER) is looking for $3 billion to $4 billion. The subprime mess has gotten the better of them and they are likely to take more...
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Short interest of stocks listed on the NYSE as of December 31 showed that retailers and financial companies had sharp increases when compared to the figures on December 14. Shares sold short in...
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According to Reuters, Capital One has warned that it will have lower than expected earnings. Reuters reports that Goldman Sachs (GS) sees a recession this year. Reuters reports that Tata (TTM) has...
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Countrywide Financial (CFC) Chapter 11 rumors, Denial does not help. Drops to $5.05 from 52-week high of $45.26. MBIA (MBI) Still plenty of panic left in the bond insurance world. Sells off to $13.98...
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After a huge sell-off of Countrywide (CFC) shares that forced the company to deny it was in deep trouble, shares of another weak financial firm, E*Trade (ETFC) are off 20% and have traded as low at...
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One Wall St.analyst thinks Citigroup (C) will have to make some extreme moves to keep the bank running. Speaking to The Times of London, Meredith Whitney of CIBC said that investors should look for...
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Bloomberg is reporting that a Merrill Lynch analysts says that Citigroup (C) may have to take a $16 billion fourth quarter write-down of subprime assets. Douglas A. McIntyre Take This Retirement Quiz...
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CNBC is reporting that Citigroup (C) could cut 5% to 10% of its workforce as early as next week. Based on the bank’s current headcount, that could be over 30,000 souls. Douglas A. McIntyre Get...
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