Search Results for: C
With Citigroup’s (NYSE: C) shares off from $55.55 to under $19 and concerns that it cannot weather another round of write-downs which may be coming for subprime paper, credit card debt, and...
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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...
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Citigroup (C) announced that it has committed to provide a support facility that will resolve uncertainties regarding senior debt repayment currently facing the Citi-advised Structured Investment...
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The Telegraph has a story indicating the Citigroup (C) may offer British mortgage company Northern Rock at $20 billion line of credit to remain independent and work itself out of its lending mess....
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Goldman Sachs researchers have decided that Citigroup (C) could lose another $9 billion in the second quarter. The big money center bank does not have that kind of capital on hand. According to...
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More details are out on this huge superfund we covered over the weekend to take advantage of over-sold (or now illiquid) asset-backed securities and loans. The name of the structure is a master...
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Pressure from the government may be forcing Citigroup’s (C) hand. Its Phibro energy group has generated $2 billion in profit over the last five years, but it has cost the bank in compensation...
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The precious time of senior government officials must not be so precious. Federal agencies seem to be spending more and more time looking back on the financial crisis to see if it was handled...
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Gilead Sciences is a major biotech involved with the EASL conference, and two analysts are calling heads and tails in terms of what the HCV news means for the stock.
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Caveat emptor.Abu Dhabi agreed to buy $7.5 billion in Citigroup (NYSE:C) shares at about eight times the current price. According to Bloomberg, that desert nation’s major fund “invested in...
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A report earlier this week that Apple may change the connector port on the new iPhone 8 has been refuted by another analyst who specializes in Apple-watching.
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Citigroup Inc. (NYSE: C) is making some organizational changes today. The troubled financial and banking supermarket has announced a reorganization of Citi’s structure with what it hopes...
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Citigroup (NYSE: C) is near a deal to sell $12 billion of problem corporate debt to a group of private equity firms. According to The Wall Street Journal the firms include "Apollo Group, TPG and...
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The FT writes that Citigroup (C) is investigating why it had $3.3 billion of losses and writedowns in its markets and banking business. No one has lost a big job over the Citi news. Not yet, anyway....
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Normally taking extra risk onto a bank balance sheet and getting a debt downgrade would not be considered good news. Citigroup (C) brought $49 billion of SIV debt in-house and, for unrelated reasons...
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