New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For C From The Last 14 Days
Check below for free stories on C the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | all recent C news | >>
July 22, 2014
09:36 EDTCActive equity options trading on open
Subscribe for More Information
July 21, 2014
09:38 EDTCActive equity options trading on open
Subscribe for More Information
07:23 EDTCCiti unit, Mexican regulator at odds over fraud probes, Reuters says
Subscribe for More Information
July 18, 2014
16:47 EDTCMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
12:01 EDTCCitigroup says DOJ settlement includes est. of cost of consumer relief
Says $3.8B charge for DOJ settlement included estimates of cost of consumer relief.
11:30 EDTCCitigroup sees issuing 'somewhat more' securitizations during rest of year
Says liquidity position remains strong. Sees FY NCL rate in Asia, Latin America roughly in line with 1H. Says expects to repurchase or redeem $10B of debt this year. Expects to issue preferred stock between now and when Basel III rules are implemented at a measured pace. Sees 2014 preferred stock issuance volume below 2013 levels. Says capital position remains among the strongest in the industry. Says will issue "somewhat more" securitizations during the rest of the year, says credit cards to be primary source of additional securitizations. Comments made on the company's Q2 Fixed Income Investor Review.
10:32 EDTCCitigroup says making continued progress in resolving legacy issues
Subscribe for More Information
July 16, 2014
16:00 EDTCOptions Update; July 16, 2014
iPath S&P 500 VIX Short-Term Futures down 70c to 27.25. Option volume leaders: AAPL FB GOOG AMZN TWTR TSLA C HPQ TWX INTC AMZN according to Track Data.
11:28 EDTCLeon Cooperman gives 12 stock picks at CNBC conference
Subscribe for More Information
11:16 EDTCCooperman lists Actavis, Citigroup, KKR among top-picks, CNBC says
Subscribe for More Information
09:37 EDTCActive equity options trading on open
Subscribe for More Information
July 15, 2014
14:48 EDTCCitigroup reports June credit loss 2.33% vs. 2.40% last month
Reports June delinquencies 1.43% vs. 1.46% last month.
10:37 EDTCOptions with decreasing implied volatility
Subscribe for More Information
07:43 EDTCCitigroup successfully executing plan, says RBC Capital
Subscribe for More Information
07:37 EDTCAmerican Enterprise Institute holds a discussion
Subscribe for More Information
07:34 EDTCCitigroup shares cheap on valuation, says UBS
UBS views Citigroup shares as cheap and does not expect them to trade below tangible book value indefinitely. The firm sees earnings stabilization, better than expected trading results, strong loan growth, and valuation as reasons to maintain its Buy rating and raise its price target on Citigroup shares to $61 from $60.
July 14, 2014
17:53 EDTCCitigroup looks cheap, Barron's says
Subscribe for More Information
16:30 EDTCOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTCOptions Update; July 14, 2014
Subscribe for More Information
12:21 EDTCOn The Fly: Midday Wrap
Subscribe for More Information
11:42 EDTCCitigroup says will continue to issue perferred stock
Subscribe for More Information
11:26 EDTCCitigroup says different approaches on table for One Main
Subscribe for More Information
10:56 EDTCCitigroup says committed to expense targets for 2015
Subscribe for More Information
10:51 EDTCAG Schneiderman announces $182M for New Yorkers as part of Citi settlement
Subscribe for More Information
10:37 EDTCCitigroup CFO says feels good about CCAR progress
Sees sequential decline in core expenses in each of next 2 quarters. Says does not see significant Citi Holdings legal costs in 2H.
10:29 EDTCCitigroup sees Citi Holdings remaining profitable for the rest of the year
Subscribe for More Information
10:26 EDTCCitigroup sees NIM roughly flat to Q2 levels for rest of year
Says on track for headcount reduction goal in 2014. Says sees sequential revenue growth in Korea during the year. Sees FY NCL rate in Asia, Latin America roughly in line with 1H levels.
10:25 EDTCDOJ: Settlement doesn't absolve Citigroup, others from possible criminal charges
Subscribe for More Information
10:08 EDTCCitigroup CEO says sees improved revenue picture in 2H
Subscribe for More Information
09:48 EDTCCitigroup likely to outperform today following report, says Wells Fargo
Subscribe for More Information
09:38 EDTCCitigroup says headwinds abating in Global Consumer Banking
Says Q2 Markets revenues were impacted by low volatility, ongoing macro uncertainty. Says results showing progress despite difficult operating environment. Says seeing continued underlying growth in Treasury & Trade Solutions. Comments from slides that will be presented on the Q2 earnings conference call.
09:36 EDTCActive equity options trading on open
Subscribe for More Information
09:16 EDTCOn The Fly: Pre-market Movers
HIGHER: Citigroup (C), up 3.6% after reporting better than expected Q2 results, announcing $7B settlement with DOJ and FDIC... Apple (AAPL), up 0.7% after Barclays upgrades stock to Overweight, Morgan Stanley raises Apple estimates above consensus... Shire (SHPG), up 1.6% after receiving revised proposal from AbbVie (ABBV) of GPB 53.20 per share, which it says it would be willing to recommend to Shire shareholders. AbbVie is down 2.8% after the news... Mylan (MYL), up 4% after acquiring Abbott's (ABT) non-U.S. developed markets specialty and branded generics business in all-stock transaction valued at about $5.3B. Abbott up 1.6% after the news... Progenics (PGNX), up 13% after FDA says RELISTOR can be approved on data submitted in sNDA... Exelixis (EXEL), up 13% after announcing coBRIM Phase 3 trial met primary endpoint... URS (URS) up 8% after acquired by AECOM Technology (ACM) for $56.31 per share. AECOM shares alos up 2% after deal announcement... Whiting Petroleum (WLL), up 4.5% after agreeing to acquire Kodiak Oil & Gas (KOG) in a $6B transaction. Kodiak Oil & Gas up 3%... Kandi Technologies (KNDI), up 11% after announcing JV's sale of 4,114 EVs in Q2. LOWER: Riverbed (RVBD), down 4.5% after saying it sees its Q2 adjusted EPS at low end of 26c-28c range... Harmonic (HLIT), down 13% after reporting preliminary Q2 earnings results.. EBay (EBAY), down 0.5% after downgraded at Pacific Crest, confirming partnership plans with Sotheby's (BID).
08:05 EDTCCitigroup reports Q2 Citi Holdings assets down 15% to $111B
Citi Holdings revenues in Q2 increased 33% versus the prior year period to $1.5B. Revenues in the second quarter 2014 included CVA/DVA of negative $1M compared to positive $15M in the prior year period. Excluding CVA/DVA, Citi Holdings revenues increased 35% to $1.5B primarily driven by the absence of repurchase reserve builds for representation and warranty claims in the current quarter, a higher level of gains on asset sales compared to the prior year and lower funding costs. As of the end of the quarter, total Citi Holdings assets were $111B, 15% below the prior year period, and represented approximately 6% of total Citigroup assets.
08:03 EDTCCitigroup reports Q2 Citicorp revenue $17.88B
Reports Q2 Citicorp revenues of $17.9B declined 8% from the prior year period. CVA/DVA, reported within ICG, was negative $32M in Q2, or negative $20M after-tax, compared to positive $462M, or $284M after-tax, in the prior year period. Excluding CVA/DVA, revenues were down 5% from Q213, reflecting declines in both GCB and ICG revenues of 3% and 7%, respectively. GCB revenues of $9.4B declined 3% from the prior year period, as lower U.S. mortgage refinancing activity, regulatory changes, repositioning actions in certain markets and the continued impact of spread compression globally more than offset the impact of the Best Buy portfolio acquisition and ongoing volume growth in most international businesses. ICG revenues declined 11% from the prior year period to $8.5B. Excluding the impact of CVA/DVA, revenues were $8.5B, 7% lower than the prior year period, primarily reflecting a decline in Fixed Income Markets and Equity Markets revenues, partially offset by higher Investment Banking revenues.
08:03 EDTCCitigroup CEO: Businesses showed resilience during uneven economic environment
Subscribe for More Information
08:02 EDTCCitigroup reports Q2 allownace for loan losses $17.9B
Subscribe for More Information
08:01 EDTCCitigroup reports Basel III Tier 1 Common ratio 10.6% at quarter end
Subscribe for More Information
07:59 EDTCCitigroup reports Q2 EPS $1.24 ex-items, consensus $1.05
Subscribe for More Information
07:05 EDTCCitigroup to settle DOJ, FDIC claims for $7B
07:03 EDTCCitigroup CEO: Settlement in best interests of shareholders
07:02 EDTCCitigroup CEO says has resolved substantially all legacy RMBS, CDO litigation
Subscribe for More Information
07:01 EDTCCitigroup to take charge of approximately $3.8B pre-tax in Q2
Subscribe for More Information
07:01 EDTCCitigroup to settle DOJ, FDIC claims for $7B
Citigroup announced that it has reached an agreement to settle the ongoing investigation of the Residential Mortgage-Backed Securities Working Group, part of the Financial Fraud Enforcement Task Force. Today’s agreement resolves actual and potential civil claims by the U.S. Department of Justice, several state attorneys general and the Federal Deposit Insurance Corporation relating to RMBS and collateralized debt obligations (CDOs) issued, structured or underwritten by Citi between 2003 and 2008. Under the terms of the settlement, Citigroup will pay a total of $4.5B in cash and provide $2.5B in consumer relief. The cash portion consists of a $4 billion civil monetary payment to the DOJ and $500M in compensatory payments to the State AGs and the FDIC. The consumer relief will be in the form of financing provided for the construction and preservation of affordable multifamily rental housing, principal reduction and forbearance for residential loans, as well as other direct consumer benefits from various relief programs. Citigroup has agreed to provide the consumer relief by the end of 2018. Michael Corbat, CEO of Citigroup, said, “The comprehensive settlement announced today with the U.S. Department of Justice, state attorneys general, and the FDIC resolves all pending civil investigations related to our legacy RMBS and CDO underwriting, structuring and issuance activities. We also have now resolved substantially all of our legacy RMBS and CDO litigation. We believe that this settlement is in the best interests of our shareholders, and allows us to move forward and to focus on the future, not the past.”
07:00 EDTCCitigroup announces settlement with RMBS Working Group
Subscribe for More Information
July 13, 2014
20:31 EDTCCitigroup's $7B U.S settlement on mortgages expected Monday, Reuters says
Subscribe for More Information
July 11, 2014
15:59 EDTCOptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
15:44 EDTCCitigroup technical comments ahead of results
Subscribe for More Information
15:28 EDTCCitigroup July 47 straddle priced for 2.8% move into Q2
12:12 EDTCCitigroup to host conference call
Management holds a 2Q Fixed Income Investor Review conference call on July 18 at 11 am. Webcast Link
10:28 EDTCURS Corporation working with banks on potential sale, Reuters reports
Subscribe for More Information
09:37 EDTCActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
07:20 EDTCBig banks seen losing reserve release cushion, Reuters says
Releasing loan-loss reserves has helped U.S. big banks weather a period of weak loan demand and lower fee income, but Q2 results from the banks may see less benefit from the practice as loss rates and reserves near their lower limits, said Reuters. Publicly traded companies in the space 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
July 10, 2014
06:20 EDTCCalifornia, New York among states to share in Citigroup settlement, LA Times say
Subscribe for More Information
July 9, 2014
06:51 EDTCBofA also in talks with DOJ to settle civil probes over mortgage unit, WSJ says
In addition to the talks with Citigroup (C), the Department of Justice has also has been in talks with Bank of America (BAC) to resolve civil probes over its mortgage business, the Wall Street Journal reports. Reference Link
06:37 EDTCCitigroup close to settling mortgage probe for $7B, NY Times reports
Citigroup is nearing a deal with the Justice Department, under which the bank would pay about $7B to settle a civil probe of mortgage investments it sold, according to The New York Times. Dow Jones yesterday reported that Citigroup would pay about $4B to settle the probe. Reference Link
July 8, 2014
16:56 EDTCCitigroup near $4B settlement with U.S. over mortgage probe, CNBC says
Subscribe for More Information
16:33 EDTCCitigroup near multi-billion settlement with U.S. over mortgage probe, DJ says
Subscribe for More Information
07:45 EDTCCitigroup July volatility flat into Q2 and outlook
Citigroup July call option implied volatility is at 24, August, September and December is at 18; compared to its 26-week average of 23 according to Track Data, suggesting non-directional near term price movement into the expected release of Q2 results on July 14.
06:08 EDTCCitigroup assumed with a Market Perform at Keefe Bruyette
Subscribe for More Information
<< 1 | 2 | 3 | all recent C news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use