Search Results for: C
The title of this post immediately propelled me back to the 2nd grade. “Can you name three cars that start with C,” you’d ask an unsuspecting classmate. “Cadillac, Chrysler, and Chevrolet,”...
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By Yaser Anwar, CSC of Equity Investment Ideas Citi reported 4Q EPS of $1.03. One time items included charges for Japan Consumer Finance down $0.10 or $489 mil and gain from the sale of Avantel of...
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Citigroup (NYSE: C) has come out with its highly awaited earnings. The numbers and comments are all slightly different than prior media reports indicated, and some are not quite as aggressive...
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According to media reports, Citigroup (NYSE: C) will fire 4,500 peopleMarketWatch reportsThe bank will make the cuts which are less than 2% of its workforce, in an effort to trim costs, , citing...
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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 right above $30.00 was...
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Goldman Sachs repeated its opinion that Citigroup (C) is a "sell" and probably would not make a cent until late in 2009. Goldman claims that credit markets are too tough for Citi to make a decent run...
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Citigroup (C) may not have picked up much in its deal with the federal government. It shareholders will get crammed down. Tax payers will own more of Citi, about 36%, which is not necessarily a...
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Shares of Citigroup (NYSE: C) have done what some would have thought impossible. Last year that $40.00 floor was the imaginary hurdle, then $30.00 became the last hurdle. But today the...
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Analysts at Goldman Sachs think Citigroup (C) will have to cut its dividend 40%. Their expectation is that the big bank "may write off $18.7 billion in collateralized debt obligations" in...
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The WSJ first reported that famed ex-Treasury Secretary Bob Rubin will be leaving the board of directors at Citigroup Inc. (NYSE: C). This has now been confirmed in multiple reports elsewhere. ...
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The board at Citigroup (C) is telling CEO candidates that they want with the bank, short of burining it to the ground. A new chief can sell off units, almost at will, or break the bank into pieces....
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The promise from Wall St. firms was implied, not spoken. The heads of operations like Morgan Stanley (MS) and Merrill Lynch (MER) said that the worst was probably over in the credit markets. It was...
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John Mack of Morgan Stanley (MS) made sure that he had a large base salary for this year, even though his firm nearly fell apart last year. The management of Citigroup (C) also wants to do something...
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Citigroup (C) is not going to make it, at least not an an independent company. The FT has reported that the head of Goldman Sachs (GS) called Citigroup CEO Vikram Pandit to discuss a merger. Goldman...
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The Wall Street Journal says that the federal government is in talks to put more capital into Citigroup (C) and may end up owning 40% of the big banks.According tothe paper, “While the discussions...
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