Tonight on CNBC’s MAD MONEY, Jim Cramer wanted to discuss some trades off of fresh deals. After Abu Dhabi invested $7.5 Billion into Citigroup (NYSE:C), Cramer wanted to look elsewhere to see…
AMD (AMD) Downgrade. Prospects seen as dim for next few months. Drops to $9.80 from 52-week high of $23. Motorola (MOT) Verizon Wireless opening its system? No other news. Falls to $14.87…
Citgroup (C) may have gotten a $7.5 billion investment from a fund controlled by the Abu Dhabi government, but its shares are down .4% in the pre-market. It may that Wall St.…
Douglas A. McIntyre Below is a snapshot of much of the pre-market news moving individual stocks this morning: Activision (ATVI) raised guidance on Guitar Hero III sales; stock up 8% pre-market. Barrier Therapeutics (BTRX) announced…
Citigroup (C) got a cash infusion of $7.5 billion from the investment arm of the Abu Dhabi government which seems to be taking a piece of every business in the world including…
Douglas A. McIntyre According to Reuters, Citigroup (C) is selling up to 4.9 percent of itself for $7.5 billion to the investment arm of the Abu Dhabi government. Reuters writes that retail stocks fell despite…
In a move that may be a victory of hope over reason, the investment arm of the Abu Dhabi government has put $7.5 billion into Citigroup (C). Wall St. may never know…
Douglas A. McIntyre Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57. Countrywide Financial (CFC) Senator asks for probe of…
After the beating that Citigroup (C) has taken and with all of the trouble that may still be ahead, investors would think securities analysts would have a negative outlook on the company’s…
Douglas A. McIntyre Citigroup (NYSE:C) has probably been covered to death, but the 5% drop and the flirt with $30.00 puts this one at a severe risk today. The last time shares were down here…
Douglas A. McIntyre Citigroup (C), JPMorgan (JPM), and Bank of America (BAC) want to raise a fund worth $80 billion to make short-term loans to SIVs that do not currently have a market for many…
CNBC says that a senior official at Citigroup (C) has said that the bank is preparing for huge lay-offs. Douglas A. McIntyre
Douglas A. McIntyre HSBC (HBC) is taking $41 billion in SIV assets onto it balance sheet, a move that could pressure US banks like Citigroup (C) to follow. Bloomberg writes "investors in the SIVs will…
According to Reuters, Richard Branson’s Virgin Group has been picked as the preferred bidder for troubled UK financial company Northern Rock. Reuters writes that Rio Tinto (RTP) rebuffed a bid from BHP…
Last week’s trading might have been a bell weather for whether the market thinks the worst is behind some of the troubled financial institutions. But, as The Wall Street Journal pointed out,…
Douglas A. McIntyre 