There is no crying in baseball or whining in big business. Sears CEO Aylwin Lewis said, regarding the company’s 99% drop in earnings in the last quarter: "We are very disappointed in…
It is always a wonder when the markets go from horrible to wonderful in two mere days. If you asked traders, institutions, and brokers last week (or even Monday) what to expect,…
Douglas A. McIntyre According to Reuters, "Citigroup Inc got a call from a prominent investment banker suggesting a merger with Bank of America Corp as it was dealing with billions of dollars in mortgage-related losses…
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 