Citigroup Inc

NYSE: C
$61.76
-$0.82 (-1.3%)
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C Articles

Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a place among the largest...
The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October and November. (Reuters) Congress pressures the CFTC for stronger regulation...
Bank of America (NYSE: BAC) CEO Brian Moynihan has no credibility left on Wall St. That makes his comments that the financial firm’s balance sheet has improved hard to believe. Skepticism will...
A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in the...
According to media reports, Citigroup (NYSE: C) will fire 4,500 people MarketWatch reports The bank will make the cuts which are less than 2% of its workforce, in an effort to trim costs, , citing...
Corporations can spend hundreds of million dollars just so they can put their name on a major league sports stadiums. 24/7 Wall St. looked that the 13 largest stadium-naming rights deals and found...
Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector.  While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at 37 of...
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle sales...
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and short-selling...
China’s factory activity reaches a 32-month low. (Reuters) Merck (NYSE: MRK) pays $950 million to settle Vioxx charges brought by the government. (Reuters) FCC head wants more examination of the...
A drop of 8% in GDP, 13% unemployment, and another period of interrupted access to the capital markets… Those are just some of the new Federal Reserve stress test scenarios which banks will have...
Greek citizens stage large protests. (Reuters) Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) could be affected when S&P updates its credit ratings on the...