The broader Standard & Poor’s 500-stock index rose 43.07 points, or 6.37 percent, to 719.60; the Nasdaq composite index rose 89.64 points, or 7.07 percent, to 1,358.28. Battered financial shares paced the gains. Citigroup’s share price, …
NEW YORK (AP) - Citigroup Inc. said Thursday it is planning to increase the number of its common shares outstanding and execute a reverse stock split as part of its effort to convert preferred shares to common shares. Citigroup’s shares …
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 government …
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-based Citi …
NEW YORK - Citigroup's surprisingly low pricing of a stock offer this week provides a clear sign investors are still nervous about the banking giant's ability to regain its financial health. On Wednesday, Citigroup Inc. said it would sell 5.4 billion ...
Citigroup stock has gained more than 5% on the back of its better than expected first quarter earnings, but massive losses in the wake of its stress test failure leave it down more than 7% since the start of 2014. According to Mike Mayo …
WASHINGTON (AP) — The Treasury Department said it will sell 1.5 billion shares of Citigroup stock over the next two months, the latest effort to recoup money from the government’s $700 billion financial bailout. The third phase of …
Citigroup Inc. has completed its $58 billion stock offering, a move that strengthens the struggling bank's balance sheet and makes way for the U.S. government to take ownership of a 34 percent stake. Citi said late Sunday that nearly all public …
has seen its shares fall by nearly the same amount that Citigroup has risen. W.R. Grace Stock Surges on Renewed Takeover Chatter CHART: Hershey's Stock Is Looking Anything but Sweet Right Now Mr. Zuckerberg Goes to …
Intends to Reinstate Common Stock Dividend of $0.01 per Share 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 …