Citigroup
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Latest blogosphere posts tagged “Citigroup”
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(C) Citigroup Inc Seeks to Repay TARP Fund
Stock Blog Hub —
Authority: 459
Citigroup Inc. ( C ) is desperately seeking the approval of the U.S. Treasury Department and regulators to repay the bailout money it has received from the government for its participation in the Troubled Asset Relief Program (TARP) at the height of the credit crisis last year. Last week, Bank of America Corp. ( ...2 hours ago -
(MS) Morgan Stanley Shuffles Management
Stock Blog Hub —
Authority: 459
Ahead of James Gorman’s takeover of the CEO position on Jan 1, 2010, Morgan Stanley ( MS ) on Tuesday shuffled its top management roles. The change includes naming of heads of its core securities business and a new finance chief. Colm Kelleher, CFO and head of global markets, and Paul Taubman head of investment ...2 hours ago -
Citi Could Exit TARP With $20 Billion Stock Offering, Report
Wall Street Pit —
Authority: 638
CNBC has learned Citigroup (C) plans to announce as early as Thursday a plan to pay back the $45 billion in TARP money it received last year, partly with help from $20 billion in capital raised through a future equity offering.According to CNBC’s Maria Bartiromo, who cites sources close...4 hours ago -
Dick Parsons: Citigroup is in Position to Repay TARP
Wall Street Pit —
Authority: 638
Citigroup (C) bank chairman, Richard Parsons, told CNBC on Wednesday that his co. was in talks with regulators about repaying its $45 billion bailout from the U.S. Treasury’s Troubled Asset Relief Program. During the interview Parsons talked also about New York’s economic future and NY...4 hours ago -
Moodys Butchers Cramers "All Good In Dubai" Call, Prepares To Nuke Government Related Issues
zero hedge —
Authority: 750
On one hand you have Jim Cramer, saying "As painful as it might seem to those who wanted to use Dubai as stillone more pillar to the bear edifice, the story just doesnt have legs.It was sexy -- Middle Eastern bubble blown up. It has global intrigue.Will the UAE bail them out? Will fundamentalist politics play a ...9 hours ago -
Bank of America, Citigroup, WFC, JPM, RBS, POWL, JTX Stk Futures UP Before the Bell
Ub News —
Authority: 539
U.S. stock futures on Wednesday recaptured a portion of the prior day’s losses as worries about the ability of various countries to repay their debt continued to impact markets.S&P 500 futures rose 5.9 points to 1,095.90 and Nasdaq 100 futures rose 10 points to 1,778.50. Futures on the Dow Jones Industrial ...11 hours ago -
Market Updates: Exxon Mobil Corp. (NYSE: XOM), Chevron Corp. (NYSE: CVX), Citigroup Inc. (NYSE: C), Bank of America Corp. (NYSE: BAC)
Jutia Group —
Authority: 572
Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) gains in early trading as crude oil rose above $73 a barrel. Citigroup Inc. (NYSE: C) and Bank of America Corp. (NYSE: BAC) rose as people familiar with the matter said Treasury Secretary Timothy Geithner is seeking to extend the financial- rescue ...12 hours ago -
BofA Merrill Shakes Up Retirement Unit
DealBook —
Authority: 762
Bank of America Merrill Lynch named three executives on Tuesday to run its $450 billion retirement services business, including rehiring a former executive who left earlier this year.15 hours ago -
Can Corporations Earn Money And Have Morals At The Same Time?
Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders —
Authority: 135
Can a ‘for profit’ corporation enjoy healthy revenues year after year and exhibit good morals at the same time? The largest companies in the nation have evolved over the years to find more ways to streamline operations, reduce waste, increase the productivity of their employees, preached corporate ethics to their ...18 hours ago -
(F) Obama on Job Creation
Stock Blog Hub —
Authority: 459
President Obama spoke today at the Brookings Institute about new initiatives to spur job creation. Below are key parts of the speech and my reaction to it. The full speech can be read here . “It wasn’t long after that meeting, as we shaped this economic plan, that we began to see some of these forecasts ...22 hours ago -
FightSwipeFees.com Credit Card Interchange Background
WayTooHigh.com —
Authority: 107
A swipe fee is a fee collected from retailers by the credit card companies and their member banks every time a credit or debit card is used to pay for a purchase. This fee is also known as “interchange.” This fee varies with type of card, size of merchant and other factors, but as much as $2 of every $100 you ...1 day ago -
Daily Credit Summary: December 8 - Greeced Darkening
zero hedge —
Authority: 750
Commentary compliments of www.creditresearch.com Spreads ended the day mixed in the US today with very low intraday ranges and only marginal moves as HY just outperformed IG. Breadth was modestly negative as TMT and CONSumer names underperformed. We note that credit has outperformed equity in the last couple of ...1 day ago -
From The Rumormill: Major Departure At Citadel - Head Of Institutional Markets Peter Santoro Is Out
zero hedge —
Authority: 750
Peter Santoro, Managing Director and Head of Institutional Markets at somehow still troubled hedge fund Citadel, has left for greener pastures, according to our rumor bag. One hopes it is not to join another former Citadel specialist, Misha Malyshev, former head of quant trading at the Chicago fund, who also bolted ...1 day ago -
Simon to Buy Prime Outlets for $2.2 Billion
NYT > Theater —
Authority: 900
The Simon Property Group, the big mall operator, has agreed to buy Prime Outlets from the Lightstone Group for $2.235 billion, adding 22 retail outlets to its portfolio.1 day ago -
($C) Entire Citigroup Stake Sold by Kuwaiti Investment Authority
Stock Blog Hub —
Authority: 459
The Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, has sold its entire stake in Citigroup Inc. ( C ) and made a 37% return on its initial investments. The KIA converted all its preferred shares to common shares and sold the stake for $4.1 billion, making a profit of $1.1 billion. The KIA ...1 day ago -
Simon to Buy Prime Outlets for $2.2 Billion
DealBook —
Authority: 762
The Simon Property Group, the big mall operator, has agreed to buy Prime Outlets from the Lightstone Group for $2.235 billion, adding 22 retail outlets to its portfolio.1 day ago -
(CAL) Continental Airlines Issues Convertible Notes
Stock Blog Hub —
Authority: 459
Continental Airlines ( CAL ) announced that it will be selling $200 million of convertible notes due 2015. Interest on the notes will be payable on Jan 15 and Jul 15 of each year, beginning on Jul 15, 2010. The notes will be unsubordinated, unsecured obligations of Continental Airlines and will rank at par with all ...1 day ago -
Citigroup and the U.S. at odds over aid payment
HULIQ - Citizen News Review —
Authority: 672
According to a Reuters report, published in todays Milenio the Citigroup is at odds with the U.S. government over the aid money. The issue is how the government will divest its shares in the bank.1 day ago -
Market Update: Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), McDonald’s (NYSE: MCD)
Jutia Group —
Authority: 572
Which bank will follow in the footsteps of Bank of America (NYSE: BAC) and be the next to exit the government’s bank rescue program? Citigroup (NYSE: C) is an unlikely candidate where taxpayers own a 34% stake that the Treasury Department doesn’t want to sell until it’s sure the company won’t need to raise ...1 day ago -
Bank of America, Citigroup, JPM, WFC, RBS, HRB Stk Futures Down Before the Bell
Ub News —
Authority: 539
U.S. stock futures traded lower on Tuesday in choppy trade, with FedEx’s improved guidance not enough to steer the broader market.After early gains, stock futures turned lower as U.S. traders started the day. Weak industrial production out of Germany and concerns over mounting debt in Dubai and Greece contributed to ...1 day ago

