"Directors are not like some kind of 1950s housewife who was always the last to learn about the misadventures of her husband," said J. Richard Findlay, head of The Centre for Corporate...
News from Abbott Laboratories (NYSE: ABT) on its positive Phase II study results from two different interferon-free hepatitis C treatment has the entire drug sector up in arms as it pertains to...
Bloomberg is reporting that a Merrill Lynch analysts says that Citigroup (C) may have to take a $16 billion fourth quarter write-down of subprime assets. Douglas A. McIntyre ALERT: Take This...
It may be that Citigroup (C) will never be fixed. According to Oppenheimer & Co analyst Meredith Whitney the bank "will be forced to announce the sale of major businesses toward the end of...
Citigroup Inc. (NYSE:), the largest bank by market cap in the U.S., is slated to post Q2 2007 earnings early Friday morning.  First Call estimates are listed as $1.13 EPS and almost $24.9...
Analysts at Sanford C. Bernstein & Co believe that Citigroup (C) may lose $3 billion in the third quarter. The big bank "may lose between $1.2 billion and $1.5 billion on loans to buyout...
As if Citigroup Inc. (NYSE: C) had any real strength to its ratings, Moody’s has downgraded Citigroup’s senior debt.  Interestingly, Moody’s says that this downgrade was moderated by the...
Citigroup, inc. (NYSE: C) is back under focus by an old bull in the stock.  Dick Bove of Rochdale Securities has started coverage of the troubled bank with a BUY rating and a $4.00 price target. ...
According to The Wall Street Journal Citigroup (C) is "expected to announce a sizable dividend cut, cash infusion of at least $10 billion and write-down of as much as $20 billion in...
Well, some one with a pen and paper thinks that Citigroup (C) may be taken over. According to FT blog site Alpahville, JP Morgan (JPM) may be just the folks to do it. The reasons the deal might get...
Citigroup (C) came clean about what everyone with any sense already expected. Write-offs at the money center bank are not over. According to The Wall Street Journal, the "bank will see a fresh...
People still take about how Hannibal crossed the Alps to attack the Romans in 218 BC. Years from now they will probably do the same about the big 600 point turnaround on Wall St. that moved the...
If the markets are to take bond guru Bill Gross at his word, the world’s financial markets could go through a cataclysmic failure. The head of fixed income fund operation Pimco says that a rapid...
Perhaps Warrent Buffett was asked and perhaps he was not, but Citigroup (C) ended the week with more money in its checking account. According to The Wall Street Journal "Prince Alwaleed bin...