Companies /Financial Services

Citigroup Inc

NYSE: C Banks - Diversified
$120.62
▼ $1.89 (−1.54%) today
Markets closed · 2:39pm ET

C Coverage Page 52

6:25am ET
Industrials

A Reminder of GE’s Failure

General Electric Co.’s (NYSE: GE) current management never has liked being reminded of the conglomerate’s share price when superhero CEO Jack Welch left almost 12 years ago. Shares traded at approximately $37 when…

C GE PG
Douglas A. McIntyre
6:35am ET
Investing

Short Sellers Savage Weakest Stocks

Short sellers aimed their guns at the stocks of the financially weakest companies, as data from the period that ended on September 14 shows. The actions hold true for shares that trade on…

Douglas A. McIntyre
8:10am ET
Banking, finance, and taxes

How QE3 Will Help the Seven Safest Banks in America

Banks are back in favor. The most recently announced round of quantitative easing via mortgage-backed securities purchases from the Federal Reserve follows a ratings action earlier this year in which Moody’s downgraded 15…

Jon C. Ogg
7:15am ET
Companies and Brands

Avon Dodges SEC Bullet

Cosmetics maker Avon Products Inc. (NYSE: AVP) filed a notice with the Securities and Exchange Commission last night: On September 11, 2012, Avon Products, Inc. (the “Company”) was advised by the staff…

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Paul Ausick
10:56am ET
Banking, finance, and taxes

Big U.S. and European Banks Cautious Ahead of FOMC/QE3

The eurozone bailout approval and the coming announcement (or continued hint) of additional quantitative easing from the FOMC is not adding to the banks at the current time. We saw a “Sell the…

Jon C. Ogg
8:25am ET
Banking, finance, and taxes

Bank Gains Mostly Priced in Euro Rescue News

You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund.  This is great news for Angela Merkel…

Jon C. Ogg
6:34am ET
Investing

Media Digest (9/12/2012) Reuters, WSJ, NYT, FT, Bloomberg

Mark Zuckerberg makes a rare public appearance and expresses disappointment about Facebook Inc. (NASDAQ: FB) shares but says that the company will push forward in mobile. (Reuters) Apple Inc.’s (NASDAQ: AAPL) share…

Douglas A. McIntyre
10:40am ET
Banking, finance, and taxes

Citigroup, Morgan Stanley Reach Deal on Smith Barney

Morgan Stanley (NYSE: MS) has agreed to buy an additional 14% stake in Morgan Stanley Smith Barney (MSSB) from Citigroup Inc. (NYSE: C) for $1.89 billion. The amount puts the full value…

C MS
Paul Ausick