5:58am ET
Investing
Shorts Flee Strongest Stocks
Stocks with strong balance sheets that are likely to post good earnings have lost their interest for short sellers. Base on data as of June 30, short sellers abandoned the shares of…
Companies
/Financial Services
Citigroup Inc
$131.93
▼ $0.54 (−0.41%) today
Markets closed · 8:43pm ET
C Coverage
Page 794:42pm ET
Banking, finance, and taxes
Banks Write Down Debt Valuation to Post Profit (JPM, C, BAC, MS, GS, WFC)
Later this week the nation’s six largest banks will start trotting out second quarter earnings that are expected to be significantly lower than earnings in the first quarter. A portion of those…
7:02am ET
Investing
This Week’s Can’t Miss Earnings (AA, CSX, INTC, YUM, JPM, GOOG, AMD, BAC, C, GE, BRK-A)
This coming week will be the launch of earnings season. After the week is up, there will have been five of the thirty DJIA stocks reporting earnings. The big earnings on deck…
9:00am ET
Investing
Today’s Best Market Rumors (7/9/2010)
Updated throughout the day. Deutsche Bank AG , Commerzbank AG and Deutsche Postbank will probably pass Europe stress tests. (Bloomberg) Singapore may pass China as the fastest growing economy in Asia (Bloomberg)…
Douglas A. McIntyre 8:45am ET
Investing
Top Day Trader Alerts (C, DRWI, ENER, LTD, MSG, NANO, SKH, TSLA, FNM, FRE, FNMA, FMCC)
There is another fairly unusual list of active trader and day trader alerts out there this morning. We are seeing news and moves in Citigroup, Inc. (NYSE: C), DragonWave Inc. (NASDAQ: DRWI),…
4:04am ET
Media
Media Digest 7/8/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
MarketWatch: The IMF expects slow growth this year and next. Reuters: The battle between the oil industry and government on drilling regulations continues. Reuters: The Gulf leak could be plugged in two…
4:07pm ET
Banking, finance, and taxes
Citigroup’s Ongoing Exits… Still Room To Double (C)
Citigroup, Inc. (NYSE: C) had a surprisingly small reaction today considering that when banks rise it tends to rise even more. Thomson Reuters, via PEHub, reported today that Citi has agreed to…
Jon C. Ogg 9:06am ET
Investing
Top Day Trader Alerts (BP, CTIC, C, CLF, FIS, JASO, SNWL)
There are many stocks on the move this morning for day traders and active traders. BP plc (NYSE: BP), Cell Therapeutics, Inc. (NASDAQ: CTIC), Citigroup, Inc. (NYSE: C), Cliffs Natural Resources Inc.…
9:04am ET
Banking, finance, and taxes
US Treasury Dumping Citigroup Shares, Says Sale Will Be Orderly
The US Treasury, bound and determined to get bank every dime it loaned the banking industry during the credit crisis, will sell more Citigroup (NYSE: C) shares. The bank’s stock actually rose…
Douglas A. McIntyre 8:39am ET
Investing
The Twitter-24/7 Wall St. Stock Market Report 6.30.2010 The Wisdom Of Crowds
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
11:39am ET
Banking, finance, and taxes
Big Short Interest Changes in Major Cult Stocks (ALU, ABK, BBI, BGP, BRCD, C, DRYS, FRE, FNM, NOK, PALM, PMI, BPOP, RAD, SIRI, S, UNG, VG)
Many traders and investors love the active penny-stocks and low-priced stocks. And betting against low-priced shares is something that expert short sellers frequently do. The short selling from June 15 settlement date…
9:06am ET
Investing
Today’s Best Market Rumors (6/25/2010)
Updated throughout the day. Hulu will launch a paid premium video service this month (WSJ) Astenbeck Capital Management, run by former Citigroup (NYSE: C) commodities chief Andrew J. Hall, lost 10% of…
Douglas A. McIntyre 8:58am ET
Investing
Top Day Trader Alerts (BA, BP, C, JPM, GS, KBH, ORCL, RIMM, SSN)
There are many stocks on the move on news for day traders and active traders this Friday morning. Stocks on the move are Boeing Co. (NYSE: BA), BP plc (NYSE: BP), Citigroup,…
4:36am ET
Investing
Short Sellers Up Bets Against BP By 290%, Flee Other Weak Shares
The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face…
8:38am ET
Investing
The Twitter-24/7 Wall St. Stock Market Report 6.22.2010 The Wisdom Of Crowds
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…