C
@WeeklyTA I already jumped in short at 3.15 with a stop at 3.25 $C
C
RT @Street_Insider: S&P Revises Credit Outlooks On BofA $BAC and Citi $C to Negative, Saying No Moore Govt Handouts http://bit.ly/cp00JQ
C
RT @ClairWyant: $C breached the $3.15 ($3.13 now) support area... lets see where it is come 4pm.
C
I just answered my phone and this is what hapn...Caller:wsup muda*!c$a...Me: ohhhh nothing...Caller:oh, wrong muda*$c!a, where's ur muhva?
C
$C Breaks Secondary Price, As News Of Big Fat Greek Bailout "In Broad Sense Of The Word" Skyrockets Mkt, Bunds Crash http://ow.ly/
C
Huge Stock Market Reversal off the Lows - All Options are on the Table with Greece - Bank Stocks and Financials all Rallied - $BAC $C $FAS
C
$C Citigroup hitting the 3.11 levels today 311 "Amber" ♫ http://twt.fm/356670
C
http://twitpic.com/128poz - $B$*IwO$$J$%>e$,$C$?$i%"%$%9$?$Y(B$B$e(B(^w^)
C
$C breached the $3.15 ($3.13 now) support area... lets see where it is come 4pm.
C
RT @JoeSaluzzi: $C breaks $3.15 secondary price
C
S&P cuts outlook on $BAC and $C (Clear BUY signal!) :) http://bit.ly/alPQkE
C
The high 5 for Tuesday, February 9th, 2010: 1)$GNW; 2)$CPV; 3)$ISG; 4)$FWF; 5)$C
C
RT @Street_Insider: S&P Revises Credit Outlooks On BofA $BAC and Citi $C to Negative, Saying No More Free Govenment Handouts http://bit.
C
S&P Revises Credit Outlooks On BofA $BAC and Citi $C to Negative, Saying No More Free Govenment Handouts http://bit.ly/cp00JQ
C
@wallstreetbean $C was also revised to negative from stable. No impact either. $BAC
C
FL!RT@$C!OU$ F!ZZ!N3(I CAN,I WILL,& I MUST!)>>>HAPPY BIRTHDAY MOMMA!
C
RT @Street_Insider: S&P Revises Outlook on Citigroup $C from Stable to Negative
C
S&P Revises Outlook on Citigroup $C from Stable to Negative
C
RT @howardlindzon: At my fave office in manhattan ... APAX partners in the shittygroup building. $c
C
@felixsalmon Citi $C reinvents end-of-the-world insurance http://bit.ly/9XCv2s
Citigroup Inc. - C Insiders
No Insiders
We have no insiders for Citigroup right now.
Know someone who is an insider on Citigroup Inc.?
Let us know.
Citigroup Inc. - C information
Citigroup Inc., doing business as Citi, provides a range of financial products and services to consumer and corporate customers in the United States and internationally. The company operates through four segments: Global Cards, Consumer Banking, Institutional Clients Group, and Global Wealth Management. The Global Cards segment offers MasterCard, VISA, Diners Club, private label, and American Express card products, as well as engages in sales finance activities. The Consumer Banking segment involves in retail banking, consumer finance, real estate lending, and small and middle market commercial banking; and provides personal and auto loans, investment services, and Primerica financial servic......
www.citigroup.com
265,300 Employees
Founded in 1812
CITIGROUP INC (C:New York)
LAST $3.88 USD
CHANGE TODAY +0.0325 0.84%
VOLUME 473.9M
As of 8:04 PM 09/2/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of CITIGROUP INC (C)
|
OPEN
$3.84
|
PREVIOUS CLOSE
$3.85
|
|
|
DAY HIGH
$3.93
|
DAY LOW
$3.83
|
|
|
52 WEEK HIGH
04/15/10 - $5.07
|
52 WEEK LOW
02/9/10 - $3.11
|
|
|
MARKET CAP
112.4B
|
AVERAGE VOLUME 10 D
459.8M
|
|
|
EPS TTM
$-0.06
|
SHARES OUTSTANDING
29.0B
|
|
|
EX-DATE
02/27/09
|
P/E TTM
--
|
|
|
DIVIDEND
--
|
DIVIDEND YIELD
--
|
|
| K = Thousands M = Millions B = Billions | ||
related news
Bair: WaMu didn't spark Wachovia's deposit run [The Charlotte Observer, N.C.]
The McClatchy Company - 09/02/2010 9:40 PM ET
Bernero says no to banks that won't lend in Mich.
AP Digital - 09/02/2010 6:05 PM ET
*Most active New York Stock Exchange-traded stocks
AP Digital - 09/02/2010 6:05 PM ET
Final Glance: Finance companies
AP Digital - 09/02/2010 6:04 PM ET
Bair: WaMu didn't spark Wachovia's deposit run [The Charlotte Observer, N.C.]
The McClatchy Company - 09/02/2010 5:40 PM ET
Key developments for CITIGROUP INC (C)
Citigroup, Inc. Presents at Fund Forum Latin America 2010, Oct-21-2010 02:50 PM
09/2/2010
Citigroup, Inc. Presents at Fund Forum Latin America 2010, Oct-21-2010 02:50 PM. Venue: Blue Tree Premium Morumbi Hotel, Av. Roque Petroni Junior, 1000 Brooklin - 04707-000, Sao Paulo, Brazil. Speakers: Eduardo Ventura, Head of Fund of Funds.
Citigroup, Inc. Plans Expansion in China
09/1/2010
Citigroup, Inc. plans to almost triple its workforce in China by hiring up to 7,500 people in the next three years. Citigroup plans to double its number of branches in Hong Kong to 50 by the end of 2010 and increase the number of branches on the mainland to 38 by the end of 2010, from 29 currently.
3i Group Conducts Strategic Review Of GES
08/31/2010
3i Group plc said that it has hired Citigroup, Inc. to conduct a strategic review of Global Energy Services Siemsa, S.A. (GES). Two people familiar with the matter told Reuters that 3i is hoping ultimately to sell the company. GES may fetch roughly 500 million. GES could interest both rival private equity firms and trade bidders, the people said. Citigroup has been brought on board to undertake a strategic review of GES, but all options are open at the moment, 3is Spokeswoman, Kathryn van der Kroft said. Citigroup did not immediately respond to a request for comment. 3i values GES's equity at about 203 million, based on Reuters calculations using 3i's last annual report.
C Competitors
| Company | Last | Change |
| Banco Santander SA | €9.65 EUR | -0.009 |
| BNP Paribas | €52.35 EUR | -0.08 |
| Industrial & Commercial Bank of China | ¥4.10 CNY | 0.00 |
| Mitsubishi UFJ Financial Group Inc | ¥403.00 JPY | +3.00 |
| Goldman Sachs Group Inc/The | $139.78 USD | +0.04 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | C | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.6x |
|
| Price/Book | 0.7x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
C |
||
|
C transactions
| Type Date |
Target |
|
Merger/Acquisition
June 30, 2010 |
Citigroup, Inc., Data Center in Meerbusch |
|
Merger/Acquisition
May 3, 2010 |
Citigroup, Inc., Shell Mastercard Customer Portfolio in Norway |
|
Merger/Acquisition
April 20, 2010 |
Citigroup, Inc., Consumer Banking Division in Sweden |
Citigroup Inc. - C news
Ex-Lehman CEO says regulators refused to save firm
2010-09-02 08:17:13
Keywords: Ex-Lehman CEO says regulators refused to save firm, c
Quote: They were limited to overseeing their individual financial soundness."We didn't have the tools to do anything other than what we did," Alvarez testified.Robert Steel, the former Wachovia CEO, said FDIC Chairman Sheila Bair directed Wachovia in late September 2008 to enter into talks with Citigroup Inc. as a potential buyer.The FDIC had decided not to provide aid to Citigroup or Wells Fargo in acquiring Wachovia.The negotiations with Citigroup "proved extremely complicated and difficult," Steel s...Read article
[$$] Halts Due to Off-Exchange Trades Targeted
2010-09-02 08:17:11
Quote: securities regulator is taking steps to prevent erroneous trades made in dark pools and other private markets from accidentally triggering the array of safeguards introduced in the wake of the May 6 "flash crash." The Financial Industry Regulatory Authority is tightening industry practices after several of the eight trading halts initiated since early June were prompted by off-exchange transactions, including trades in shares of Citigroup Inc. and Micron Technology Inc. Finra, the industry's...Read article
Citigroup to Cut Banking Account Fees
2010-09-02 08:17:10
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Citigroup will cut in half the minimum balance on checking accounts with the highest level of service, in a push to get more customers to use the bank for their primary accounts, Bloomberg News reported.
Clients with Citigold accounts can avoid monthly fees if they keep $50,000 in combined balances at Citigroup starting Nov. 1, the New York-based bank said in an e-mailed statement. Citigroup also plans to eliminate fees for some account holders at the basic account level. A formal announcement o...Read article
Citigroup to Increase China Workforce to 12,000 in Three Years
2010-09-01 07:10:25
Quote: Citigroup Inc.HSBC Holdings
Plc in the world’s fastest-growing major economy.
Stephen BirdJames Griffiths.
Vikram Panditnew loansAsia, Bird said on Aug. 25.
Michael Werner, an analyst at Sanford C. Bernstein & Co. in Hong Kong.
“China is one of the most attractive and profitable countries
in the world to be operate a bank.â€
CitigroupStandard Chartered, the U.K. bank that
gets more than three-quarters of profit from Asia, has more than
4,000 employees at its China unit....Read article
Citigroup to Cut Balance Requirements on U.S. Banking Accounts
2010-09-01 07:04:24
Quote: Citigroup Inc. will halve the
minimum balance on checking accounts with the highest level of
service, in a push to get more customers to use the bank for
their primary accounts.
Clients with Citigold accounts can avoid monthly fees if
they keep $50,000 in combined balances at Citigroup starting
Nov. 1, the New York-based bank said in an e-mailed statement.
Citigroup also plans to eliminate minimum balances for account
holders at the basic account level. A formal announcement of the
new minimums...Read article
UPDATE - JPMorgan appoints new head of Asia commods business
2010-09-01 07:02:23
Keywords: Asia/Pacific,Major Breaking News,Emerging Market Countries,Commodities Markets,Energy,Europe,United States,Labour / Personnel,Banks,Financials,Funds,Banking Services,Financials,Singapore,Company News item,Economic news, EC, business/financial pages,
Quote: ASIA EXPANSIONS Banks such as Credit Suisse (CSGN.VX), Citigroup (C.N),
Japan's Nomura (8604.T), Standard Chartered (STAN.L), Societe
Generale (SOGN.PA) and Macquarie (MQG.AX) are beefing up in
Asia, attracted by relatively benign financial market rules
compared with tightening regulation in the United States and
Europe. JPMorgan joins a long list of banks that are changing their
trading businesses to comply with the Volcker rule, part of a
broader financial reform law that limits the extent to ...Read article
Citigroup to Hire Up to 7,500 In China
2010-09-01 07:02:23
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Citigroupsaid, citing a Bloomberg interview with an executive published on Tuesday.
Citigroup, which has 4,500 employees in China, will hire more in that country that in any other Asia-Pacific market, according to Bloomberg’s interview with Stephen Bird, Citigroup’s co-chief executive officer for the region.
The hiring plans will support Citigroup’s efforts to expand in the region and compete with HSBC Holdings and Standard Chartered.
Bird told Reuters last week that Citigroup ...Read article
Reserve Releases Drive Bank Profits: FDIC
2010-09-01 07:02:22
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Philip van Doorn ,Financial Services
Quote: According to second-quarter regulatory data provided by SNL Financial, net charge-offs -- loan losses less recoveries -- totaled $48.8 billion, while provisions for loan losses totaled $40.5 billion, meaning the industry "released" $8.3 billion in loan loss reserves.TheStreet previously examined how the release of loan loss reserves drove earnings in the June period for several of the nation's largest holding companies.Now that the full set of data is available for the banks themselves, here are...Read article
Financial Stocks: Financials stocks lead market lower
2010-08-31 04:56:29
Keywords: Markets|U.S. & Canada, XLF, Financial Select Sector SPDR ETF, C, Citigroup Inc, BAC, Bank of America Corp, XLF, Financial Select Sector SPDR ETF, LNC, Lincoln National Corp, SPX, S&P 500 Index, JEF, Jefferies Group Inc
Quote: AlertEmailPrintBy MarketWatchBOSTON (MarketWatch) -- Financial stocks were the worst-performing sector Monday, pressuring the broader market following data on personal income and consumer spending.The Financial Select Sector SPDR Fund/quotes/comstock/13*!xlf/quotes/nls/xlf(XLF13.44,-0.29,-2.11%) shed 2.1% as banking bellwethers Citigroup Inc./quotes/comstock/13*!c/quotes/nls/c(C3.67,-0.09,-2.39%) fell 2.4% and Bank of America Corp./quotes/comstock/13*!bac/quotes/nls/bac(BAC12.32,-0.32,-2.53%) re...Read article
What Hedge Fund Investing Looks Like Now
2010-08-31 04:56:28
Quote: We've beenfans for a while despite diametrically opposite approaches.[Feb 3, 2009: Fairholme Funds 2008 Report]Always one to invest different than the herd, Berkowitz's recentpurchases are very interesting because they are so financially oriented,and (let's be blunt) so "government backstopped" - namely Citigroup (C)and a massive position in AIG (AIG). The Citigroup position is not sosurprising. In a world where so much of the world's assets are goinginto fewer and fewer hands, the meg...Read article
Religare Capital Hires Citigroup's Nayyar as India Investment Banking Head
2010-08-31 04:56:25
Quote: hired
Nalin Nayyar, a managing director at Citigroup Inc., as head of
investment banking for India as the company seeks a foothold in
Asia’s second-fastest growing major economy.
Nayyar, 41, will report to Tarun Kataria, chief executive
officer of Religare Capital’s local unit, and Sutha Kandiah, the
global head of equity capital markets and advisory business in
Singapore, according to an e-mailed statement from the Indian
company today.
The appointment underscores global Chief E...Read article
Notice From the Securities Arbitration Law Firm of Klayman & Toskes to All Smith Barney/Citi Private Bank Customers Who Invested in ASTA and MAT Funds -- C
2010-08-30 05:17:46
Keywords: Notice From the Securities Arbitration Law Firm of Klayman & Toskes to All Smith Barney/Citi Private Bank Customers Who Invested in ASTA and MAT Funds -- C, c
Quote: Following the launch of the ASTA and MAT Funds, Citigroup solicited many of its high net worth customers, including retirees, to invest in the Funds. Within its sales pitch, Citigroup represented the Funds to be fixed income products that could provide higher yields, and that the Funds were "safe" and "secure" investments, not subject to a significant amount of volatility. According to one claim filed against Citigroup, one type of investment Citigroup promoted to its investors was municipal bon...Read article
AIG decides against strategic investor for AIA: source
2010-08-27 09:27:14
Keywords: AIG decides against strategic investor for AIA: source, 1288.hk,601288.ss,aig,bac,c,csgn.vx,gs,ms,ubsn.vx, ipos
Quote: Cornerstone investors are normally barred from selling their shares for 6-12 months, while strategic investors have much longer lock-in periods.The presence of strategic investors build confidence in the offer before it goes to institutional investors and also helps in setting a valuation benchmark.CNewsDBKGN.DENewsGSNewsMSNews) as joint global coordinators for the IPO, sources have previously told Reuters.BACNewsCSGN.VXNewsUBSN.VXNews), CCB International and ICBC International Holdings as bookr...Read article
UPDATE - AIG decides against strategic investor for AIA-source
2010-08-27 09:27:14
Keywords: Hong Kong,China,United States,United Kingdom,Western Europe,Europe,Asia/Pacific,Emerging Market Countries,Initial Public Offerings,New Issues,Equities Markets,Banking Services,Financials,Financials,Insurance,Mergers / Acquisitions / Takeovers,Major Breaki
Quote: AIG is set to name Citigroup Inc (C.N), Deutsche Bank AG
(DBKGn.DE), Goldman Sachs Group Inc (GS.N) and Morgan Stanley
(MS.N) as joint global coordinators for the IPO, sources have
previously told Reuters. It has also kept Bank of America Corp (BAC.N), Credit Suisse
Group AG (CSGN.VX), UBS AG (UBSN.VX), CCB International and ICBC
International Holdings as bookrunners on the deal, a source
familiar with the matter said on Wednesday. The addition of these banks means AIG is sticking with the
origi...Read article
ProPublica on the Banks' C.D.O. 'Daisy Chain'
2010-08-27 09:27:12
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Their first story back in April focused on the machinations of Magnetar, the Chicago hedge fund that helped create some $40 billion of C.D.O.s and then made billions betting against them.
Today’s entry in their C.D.O.-pus, clocking in at 5,000 words, looks at “the extent to which banks — primarily Merrill Lynch, but also Citigroup, UBS and others — bought their own products and cranked up an assembly line that otherwise should have flagged.” In other words, they wri...Read article
Bank Stocks: Taking Off the Rose-Colored Glasses
2010-08-27 09:27:12
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Philip van Doorn ,Market Features
Quote: During the go-go period of easy credit at the end of 2006, only 22 traded below tangible book.That shows just how far the sector has fallen.The largest bank trading below book value at Tuesday's close was Citigroup C), which closed at $3.71 or 0.9 times tangible book value according to SNLTheStreet10 Bank Stocks Trading Below Book Value.Out of 23 analysts covering the shares, 12 have the equivalent of a buy rating on Citigroup, with 8 holding ratings and 2 analysts recommending investors sell th...Read article
Citi: Deferred Tax Assets Wrongly Accounted For? (Updated)
2010-08-26 02:28:36
Quote: By Tiernan RayFox Business Network’s Charlie Gasparino this afternoon reports that Credit-Agricole, also known as CLSA, analyst Mike Mayo thinks Citigroup (C) may be violating securities laws by not taking a write-down on $50 billion or so in deferred tax assets.
Mayo says that if properly reported, the deferrals would wipe out profit at Citi currently, according to Gasparino’s report. Gasparino notes Mayo is denied meetings with CEO Vikram Pandit that are customary with sell-side re...Read article
Much Ado About Alwaleed
2010-08-25 01:11:53
Quote: And my alliance with them has been there since more than, you know, two decades.
from“Alwaleed: Citi’s Future Holds Promise”
pulled from its website:
Apple Inc.
Citigroup
eBay
Fairmont Hotels
Four Seasons Hotels Inc.
Hewlett-Packard
Kodak
Motorola
Procter & Gamble
Time Warner
The Walt Disney Company
Without wading any further into the kerfuffle over the proposed Cordoba House, it would help to disclose any associations which might be in conflict with news (or blog posts) pr...Read article
CitiFinancial's loan delinquency edges up-report
2010-08-24 09:22:46
Keywords: Banks,Banking Services,Financials,Financials,United States,Loans,Debt / Fixed Income Markets,US Corporate Bonds,Banking / Investment Services,Banking Services,Credit Markets,Corporate debt,Company News item,Economic news, EC, business/financial pages,
Quote: CitiFinancial is a consumer finance unit of Citigroup Inc
(C.N) that the bank has overhauled in an effort to cut costs and
make it more attractive to potential buyers [ID:nN01104497]. The bank's North American consumer finance business, which
includes CitiFinancial, had $15.4 billion in personal loans at
the end of June. A 0.25 percent increase in overdue loans atCitiFinancial translates to as much as $38.5 million, the agency
said. Citigroup's effort to streamline its North American consumer
fi...Read article
Are Mergers Back? Well, Sort Of
2010-08-24 09:22:45
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Shafir, head of global mergers and acquisitions at Citigroup. “This is a blow-away August. Yet I can’t call it a trend.â€
As Roger C. Altman, chairman of Evercore Partners and a former deputy secretary of the Treasury, put it, “We’re not on the space shuttle.†Using another analogy, he added, “Has the dam just broken? No.â€
Paul G. Parker, head of global mergers and acquisitions at Barclays Capital, concurred, saying, “I don’t expect a...Read article