Most recently, on June 8, two major changes were announced: Citigroup and General Motors gm were removed and Cisco Systemscsco and Travelerstrv were added. On its surface, you might think having a stock like Citigroup removed from …
NEW YORK (Reuters) - Citigroup Inc (C.N) may at some point right itself, but its single-digit share price reflects what investors deem reality: it may not be soon. The bank’s shares fell this week below $9, touching a 13-year low, as fears …
For the most part, investors who have dared to bet on a turnaround of Citigroup Inc. have made some tidy profits over the past year or so. The latest example is the Kuwait Investment Authority – a sovereign wealth fund — that made a …
The chairman of Citigroup, Sanford I. Weill, earned $4.3 million by exercising options on 561,760 shares of the company two days ago, the company said in filings with the Securities and Exchange Commission. Mr. Weill's gain was almost …
Instead, they converted the $25 billion in bailout bucks they had already given Citigroup into stock that investors will be able to buy. The Treasury Department also got big private investors, including the government of Singapore and Saudi …
WASHINGTON -- The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares. That would amount to about 20 percent of the 7.7 billion shares of Citigroup common stock that the …
converting a portion of its holdings into common stock. The government has continued to sell off portions of its 7.7 …
CHARLOTTE, North Carolina – Shares of Citigroup Inc., once the most powerful U.S. bank, fell below $1 a share Thursday. The stock fell to 98 cents in late morning trading, down 15 cents or 14.2 percent from Wednesday. New York …
NEW YORK, Nov 19 (Reuters) - Citigroup Inc (C.N) faced a crisis of confidence on Wednesday as investors questioned the survival prospects of the U.S. banking giant, and its shares tumbled 23 percent to a 13-year low. The second …
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. today announced a 1-for-10 reverse stock split of Citigroup common stock. Citi also announced that it intends to reinstate a quarterly dividend of $0.01 per common share in the second …