Citigroup Inc
NYSE: C
$70.87
Closing Price on November 29, 2024
C Articles
Earnings Hat Trick: Ignore Bank Book Values (JPM, BAC, C, WFC, GS, MS, BBT, BK, COF, FITB, PNC, STI)
You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that just does not...
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They’re Here! Next week will launch the corporate earnings season for the third quarter. The media is going to tell you that this is the most important earnings season in quite some time. The...
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Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did today. Treasury Secretary...
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At times it seems that highly paid CEOs live in another universe that is barely related to the world the rest of us inhabit. And the CEOs of the largest US banks are among those at the outer reaches...
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Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably...
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World stock markets hit 15-month lows. (Reuters) Apple (NASDAQ: AAPL) to launch the iPhone 5 as competition grows from Google’s (NASDAQ: GOOG) Android. (Reuters) China warns of a trade war if...
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Updated throughout the day Citigroup (NYSE: C) may replace key Japanese executives after regulatory problems (WSJ) Yahoo! (NASDAQ: YHOO) has started to look for a CEO (WSJ) Douglas A. McIntyre “The...
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The only way to fix the U.S. economy may be massive debt reductions for individuals and governments. (Reuters) Greece misses GDP targets. (Reuters) Intel (NASDAQ: INTC) buys mobile navigation company...
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For several years, investing in large alt energy projects depended on large commercial banks being able to profit from the tax equity generated by a project’s developer. That investment strategy...
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The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE:...
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Today’s ratings actions have focused on commercial mortgage backed securities issued by several of the country’s largest banks — Morgan Stanley (NYSE: MS), Wells Fargo & Co. (NYSE: WFC),...
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Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Citigroup, Inc. (NYSE: C), Cisco...
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Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets. (Reuters)...
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Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C) rose 3% to 65.2 million....
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Whether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440 billion or so to capitalize...
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