Citigroup

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Escape From Citigroup

Forbes - Thu Dec 10, 4:07 pm ET

Can the U.S. collect its paper gain on Citigroup shares?

News Stories

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Mets make four-year offer to Bay
SportingNews - Thu Dec 10, 4:56 pm ET
Sporting News staff reports The Mets have offered a four-year, $65 million contract to free agent outfielder Jason Bay, according to SI.com. According to the report, the Mets feel Bay's home run stroke will be effective at the spacious Citi Field and they are confident in his ability to cover ground defensively in the outfield. It remains to be seen whether the Mets' offer will be enough to ...
UPI NewsTrack Business
UPI - Thu Dec 10, 11:40 am ET
U.S. markets lift with BOE rate unchanged ... Citigroup presses case to repay government ... Shhh: AIG back on top in fixed annuities ... AT&T exec links data load to fees ... News from United Press International.
Early Glance: Finance companies
AP via Yahoo! Finance - Thu Dec 10, 10:45 am ET
NEW YORK (AP) -- Shares of some top finance companies are mixed at 10 a.m.: Bank of America rose $.01 or .1 percent, to $15.40. Citigroup rose $.02 or .5 percent, to $3.88. JPMorgan Chase fell $.23 or .6 percent, to $40.96.
OneSteel in Talks to Sell Process That Turns Tires Into Steel
Bloomberg - 6 minutes ago
Dec. 11 (Bloomberg) -- OneSteel Ltd. , Australia’s second- largest steelmaker, is in talks with U.S. mills to sell its technology that burns automotive tires to make steel.
Wall Street set to rise after jobs and trade data
Reuters via Yahoo! News - Thu Dec 10, 9:24 am ET
Wall Street was poised to open higher on Thursday after new claims for jobless benefits rose more than expected but the number of people seeking extended benefits fell, and a separate report showed the U.S. trade deficit unexpectedly narrowed.
TARP ending date to be pushed to October 2010
USA Today - Thu Dec 10, 8:42 am ET
Treasury's Timothy Geithner moved to extend the $700 billion bailout fund to October 2010 and pledged to deploy no more than $550 billion of it.
House to debate financial regulation overhaul
Reuters via Yahoo! News - Thu Dec 10, 8:32 am ET
The U.S. House of Representatives will debate on Thursday the most sweeping changes to financial regulation proposed since the Great Depression, including broad new government powers over large banks and tighter regulation of capital markets.
Stock futures rise as jobless claims, trade data on tap
Reuters via Yahoo! News - Thu Dec 10, 8:12 am ET
Stock index futures rose on Thursday as investors awaited weekly data that will provide a measure of the health of the jobs market.
Lenders Modify 31,382 of 4 Million U.S. Home Loans (Update2)
Bloomberg - 1 hour 34 minutes ago
Dec. 10 (Bloomberg) -- U.S. lenders permanently modified 31,382 of the 4 million mortgages targeted for loan relief under the Obama administration’s main foreclosure prevention plan through last month, the Treasury Department said today.
Stocks Close Higher as Trade Gap Narrows
TheStreet.com - 1 hour 44 minutes ago
Stocks closed higher Thursday, as news that the international trade gap narrowed in October appeared to outweigh listless jobs data. Gregg Greenberg has The Real Story.
U.S. Corporate Credit Risk Falls to Lowest in Almost Two Months
Bloomberg - 2 hours 6 minutes ago
Dec. 10 (Bloomberg) -- The cost to protect U.S. corporate bonds from default fell to the lowest in almost two months, trading in a benchmark credit derivatives index shows.
House Debates Financial Rules Overhaul, Reins in State Powers
Bloomberg - 2 hours 15 minutes ago
Dec. 10 (Bloomberg) -- The U.S. House debated legislation today to toughen rules policing Wall Street after leaders quelled a Democratic revolt by members seeking to scale back states’ power to regulate national banks.
Ex-Merrill Broker Gets Probation in ‘Squawk Box’ Case (Update1)
Bloomberg - 2 hours 16 minutes ago
Dec. 10 (Bloomberg) -- A former Merrill Lynch & Co. broker was sentenced to four years of probation today for conspiring to sell day traders access to internal “squawk boxes.”
A Bear Market Until 2018?
BusinessWeek - 2 hours 27 minutes ago
Major U.S. stock indexes may be headed for new lows, says veteran technical analyst Alan R. Shaw, who predicts gold will reach $2,000 per ounce
Europe exceeds US in bank bonus crackdown
AP via Yahoo! Finance - 2 hours 36 minutes ago
Better to be a banker in New York than Europe this bonus season. The leaders of Britain and France are embracing a one-time tax on fat bonuses paid by bailed-out banks -- a restriction that goes far beyond what's being considered in the United States.