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Stock Market & Financial Investment News

News Breaks
November 14, 2012
07:01 EDTCCitigroup shareholders ask board to explore structural changes
Trillium Asset Management, on behalf of the Benedictine Sisters of Mount St. Scholastica, along with the AFSCME Employees Pension Plan recently filed a shareholder proposal with Citigroup asking the company's board of directors to explore a possible separation of one or more of its business units. Citigroup's shares have consistently traded below book value since late 2008, it failed the Federal Reserve's CCAR stress tests in March, and regulators continue to forbid it from returning significant capital to stockholders due to concerns over its financial stability.
News For C From The Last 14 Days
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March 19, 2015
06:06 EDTCCiti files lawsuit over Swiss franc surge, Reuters says
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March 18, 2015
13:56 EDTCArgentina to bar Citi from exiting custody business, Reuters says
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March 17, 2015
16:00 EDTCOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.
14:37 EDTCCiti, Barclays near $800M settelement of forex suit, WSJ says
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12:26 EDTCCitibank to exit custody business in Argentina following ruling, WSJ reports
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07:15 EDTCCiti price target raised on positive news flow at Deutsche Bank
Deutsche Bank raised its price target for Citi (C) shares to $56 from $54 citing recent positive news flow around the sale of OneMain, the credit card deal with Costco (COST) and last week's stress test results. Deutsche notes the stock still trades at a 6% discount to tangible book. It keeps a Buy rating on Citi.
March 16, 2015
16:00 EDTCOptions Update; March 16, 2015
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14:09 EDTCCiti reports February credit loss 2.55% vs. 2.30% last month
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