Citigroup Inc
NYSE: C
$61.11
-$0.93 (-1.5%)
Real Time Data Delayed 15 Min.
C Articles
Citigroup (NYSE:C) is feeling the wrath of yet another SELL rating, this time the downgrade came from Deutsche Bank. Interestingly enough, the note directly challenges management saying changes are...
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Citigroup CEO-for-life Chuck Prince engineered another major reorganization of his senior management group. This time the reason was all of the mortgage and fixed income losses the bank had. The ones...
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According to Reuters, a sharp fall in shares of China internet company Baidu (BIDU) raised fear that the tech market has topped. Reuters (RTRSY) reports the Citigroup (C) has gone through another...
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The FT ran a piece in which research firm Sanford Bernstein is quoted as saying that loses at Bank of American (BAC) and JP Morgan (JPM) will be just as bad, if not worse, than the news out of...
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According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP...
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The housing situation in the US may be getting bad enough so that one or more of the major home builders could face Chapter 11, especially if the downturn goes deep into 2008. Bloomberg writes that...
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The Telegraph has a story indicating the Citigroup (C) may offer British mortgage company Northern Rock at $20 billion line of credit to remain independent and work itself out of its lending mess....
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The FT writes that "Citigroup (C) is in talks with KKR to provide financing to buy some of the leveraged loans on its balance sheet." Firms like KKR want to buy the "below market value" leveraged...
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According to Reuters, the four largest players in global financial markets have grown at a breakneck pace in the last six years, and the assets they manage are expected to double to $20.7 trillion by...
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The FT writes that Citigroup (C) is investigating why it had $3.3 billion of losses and writedowns in its markets and banking business. No one has lost a big job over the Citi news. Not yet, anyway....
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According to Reuters, Verizon (VZ) is launching three new phones for the holidays, One will compete directly with the Apple (AAPL) iPhone. Reuters writes that Microsoft (MSFT) is releasing a new...
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After seeing Citigroup’s (NYSE:C) news this morning and listening to snippets of the conference call, it seems that at 9:00 AM when shares were down 2% would have been a much easier direction to...
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UBS (UBS) and Citi (C) have both announced huge write-downs on their fixed income portfolios due to tight credit and deteriorating credit markets. Watch all of the big money center banks and...
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According to MarketWatch, Citigroup (C) expects to report that third-quarter earnings will drop about 60% from a year earlier due to "dislocations in the mortgage-backed-securities and credit...
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Texas Instruments (NYSE:TXN) shares are up 3.1% today at $36.85 on the dividend hike and share buyback increase. Jim Cramer on today’s STOP TRADING segment on CNBC came out and said Texas...
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