Shares of troubled Citigroup have been sinking steadily for months, but today they crossed a symbolic barrier: they fell below $1 per share. This is a breathtaking destruction of value for a bank that was once the world's largest. Shares of …
Citigroup
“Fast Money Halftime Report” trader Jon Najarian discusses why he is seeing unusual options buying in Tesla. Leon Cooperman, Omega Advisors Chairman & CEO, weighs in. Cooperman: Markets have been turned upside down Leon …
CHARLOTTE, N.C. - Shares of Citigroup Inc., once the nation's most powerful 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-based Citi has …
October 19, 2011 (PLANSPONSOR.com) – The 2nd U.S. Circuit Court of Appeals has found that Citigroup fiduciaries did not abuse their discretion in continuing to offer company stock as an investment in two of its employee retirement …
Citigroup
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 …
Citigroup lost $32 billion in 2008. To stay alive, the company had to create equity, and create equity fast. That means creating shares at a time when the stock price had fallen by over 80%, so that the existing shareholders would have to …
Citigroup
The other event went unnoticed: In Brooklyn, Sandy Weill's mother gave birth to ... a star telecom analyst at Citigroup's Salomon Smith Barney subsidiary, to "take a fresh look" at AT&T's stock rating. What Weill had to gain from leaning …
Sanford I. Weill
NEW YORK — Shares of Citigroup Inc., once the nation's most powerful bank, fell below $1 Thursday. The stock rebounded to close at $1.02, down 11 cents, or 9.7 percent. Still, New York-based Citigroup's stock has lost more …
Citigroup, Goldman Sachs International and Barclays acted as ... as "very significant," as it represents "the very first IPO of a Turkish group on the London Stock Exchange." According to Keskin, "this deal is indicative of foreign investors' …
Central and Eastern Europe
Editor's note: This column is part of our Best Stocks for 2017 contest. Ken Trester's pick for the contest is Citigroup Inc (NYSE:C). The financial stocks - represented by theFinancial Select Sector SPDR Fund(NYSEARCA:XLF) - have been …
Wall Street