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Stock Market & Financial Investment News

News Breaks
June 27, 2011
06:20 EDTVIVDY, SNE, C, WMGEMI likely to attract plenty of interest, Guardian reports
Four months after seizing control of EMI, Citigroup (C) is likely to attract plenty of interest from would-be buyers for the music major, the Guardian reports. Though EMI isn't required to put out financial information, company sources say the business is "trading well" and its underlying profits are holding up. Reference Link
News For C;VIVDY;WMG;SNE From The Last 14 Days
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December 9, 2014
10:13 EDTCCitigroup CEO sees $2.7B charges in Q4 to address legal reserve charges
CEO Michael Corbat said that after taking the charges in Q4, the company will be "marginally profitable." Comments taken from Goldman Sachs Financial Services conference.
10:10 EDTCCitigroup to take $3.5B in additional charges in Q4, CNBC reports
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09:38 EDTCActive equity options trading
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08:24 EDTCCitigroup to sell Japanese consumer unit to Sumitomo Mitsui, Bloomberg says
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05:59 EDTCCitigroup appointed successor depositary bank for Deutsche Post ADR program
Citi (C), acting through Citibank N.A., has been appointed by Deutsche Post AG (DPSGY) as successor depositary bank for its Level 1 American Depositary Receipt, or ADR, program. Deutsche Post DHL’s ADR program trades in the U.S. over the counter market, with each ordinary share equivalent to 1 ADR.
December 8, 2014
18:19 EDTSNESony hacker releases additional private data, issues threat, Re/code says
Guardians of Peace, the hacker group claiming responsibility for the attack against Sony Pictures Entertainment, released an additional trove of private data and issued threats against the studio, according to Re/code. Reference Link
16:55 EDTCLone Star joins Springleaf as bidder for Citigroup OneMain unit, Bloomberg says
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16:00 EDTCOptions Update; December 8, 2014
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15:40 EDTCLone Star joins Springleaf as bidder for Citigroup OneMain unit, Bloomberg says
09:21 EDTSNESony Pictures called the cyberattack 'unprecedented in nature', Re/code reports
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06:35 EDTCValue of Wall Street's M&A bankers has risen, NY Times says
The value of Wall Street's bankers who advise large companies seems to be increasing, while traders are becoming less valuable, according to The New York Times. Bankers who work on M&A deals are expecting their bonuses to increase, while traders anticipate that their compensation will drop, the newspaper added. Furthermore, banks seem to be going the extra mile to hire top notch bankers, the newspaper stated. Publicly traded large banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:24 EDTSNENorth Korea denies role in recent Sony hacking, WSJ reports
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06:21 EDTCDeadline for Petsmart bidders extended as lenders put on leash, NY Post reports
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06:17 EDTSNESony PlayStation store may have suffered possible cyberattack, AP reports
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December 5, 2014
18:19 EDTCCitigroup's Japanese credit card business sought by three buyers, Nikkei says
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11:23 EDTCOption volume leaders
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09:36 EDTCActive equity options trading
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06:44 EDTSNESony likely to reduce employee pay in 2015, Reuters reports
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06:19 EDTSNESony security breach exposed personal data of Hollywood employees, WSJ reports
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05:58 EDTSNESymantec: Malware in Sony attack linked to South Korean incidents
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