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Citigroup Inc

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  • *Results hit by weak Latin America, disappointing N. America. MILAN, July 30- Fiat plans to review its leasing and sales incentive practices in North America to boost margins in the region as it seeks to meet its global full-year targets despite persistent weakness in Latin America and further losses in Europe.

  • Midday Glance: Banks companies Wednesday, 30 Jul 2014 | 1:22 PM ET

    Bank of America Corp. rose$. 09 or. 6 percent, to $15.43. Citigroup Inc. rose$. 43 or. 9 percent, to $49.85. JPMorgan Chase rose$. 09 or. 2 percent, to $58.73.

  • METALS-Lead falls as investors book profits after rally Wednesday, 30 Jul 2014 | 12:11 PM ET

    *Manufacturing growth in China expands. LONDON, July 30- Lead prices fell on Wednesday as investors took profits after a rally this month, but a brighter global economic outlook is seen providing support to industrial metals. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.

  • Early Glance: Banks companies Wednesday, 30 Jul 2014 | 10:42 AM ET

    Bank of America Corp. rose$. 13 or. 8 percent, to $15.47. Citigroup Inc. rose$. 74 or 1.5 percent, to $50.16. Goldman Sachs rose$. 83 or. 5 percent, to $176.37.

  • LONDON, July 30- Miscreant bankers face having their bonuses clawed back for up to seven years after their award under measures set out on Wednesday by the Bank of England, as it tightens its regulatory clampdown on wrongdoing in the financial sector.

  • MILAN, July 30- Italy paid record low yields on Wednesday to sell five- and 10- year bonds as large redemption flows and expectations of further monetary easing in the euro area helped feed demand.

  • *Manufacturing growth in China expands. LONDON/ SYDNEY, July 30- Lead and zinc fell on Wednesday as investors took profits after a rally by both metals this month, but a brighter global economic outlook could see industrial metals resuming their rise. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.

  • FOREX-Euro slides below $1.34, eyes on Fed and U.S. GDP Wednesday, 30 Jul 2014 | 4:32 AM ET

    LONDON, July 30- The euro fell below $1.34 on Wednesday for the first time since last November before German inflation data that was likely to add to the case for the European Central Bank pumping more money into a moribund economy.

  • NEW YORK/ BUENOS AIRES, July 29- Several hours of negotiations between Argentine officials and holdout investors ended without a resolution, Economy Minister Axel Kicillof said in New York on Tuesday, just a day before the nation faces a possible default. If a deal is not reached, Argentina faces another default on its sovereign obligations.

  • NEW YORK/ BUENOS AIRES, July 29- Several hours of negotiations between Argentine officials and holdout investors ended without a resolution, Economy Minister Axel Kicillof said in New York on Tuesday, just a day before the nation faces a possible default.

  • NEW YORK/ BUENOS AIRES, July 29- Argentine Economy Minister Axel Kicillof unexpectedly arrived in New York on Tuesday to join last-minute debt negotiations with "holdout" investors in a bid to avert a default.

  • Biotech drugmaker Amgen laying off at least 2,400 Tuesday, 29 Jul 2014 | 4:04 PM ET

    Biologic drugmaker Amgen said Tuesday that it will lay off 12 to 15 percent of its worldwide workforce and close four sites, even as it reported stellar second-quarter results that trounced Wall Street expectations. Amgen also raised its forecasts for its 2014 profit and revenue, driving up its shares.

  • Aetna 2Q profit rises 2.4 percent Tuesday, 29 Jul 2014 | 6:25 AM ET

    Aetna's second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer top expectations and raise its 2014 earnings forecast again.

  • *Renault cost-cutting boosts margin as sales decline. PARIS, July 29- Renault made progress towards a core profitability goal as cost-cutting helped to counter currency headwinds in the first half, the French carmaker said, but sales and cash flow suffered ahead of the replacement of key models.

  • Final Glance: Banks companies Monday, 28 Jul 2014 | 6:04 PM ET

    Bank of America Corp. fell$. 09 or. 6 percent, to $15.50. Citigroup Inc. fell$. 33 or. 7 percent, to $49.70. Goldman Sachs rose$. 55 or. 3 percent, to $175.95.

  • NEW YORK, July 28- A U.S. judge on Monday said Citigroup Inc could make a one-time interest payment on Argentina bonds governed by that country's law, and which are held by creditors that participated in the country's prior debt restructurings.

  • Midday Glance: Banks companies Monday, 28 Jul 2014 | 1:31 PM ET

    Bank of America Corp. fell$. 12 or. 8 percent, to $15.47. Citigroup Inc. fell$. 37 or. 7 percent, to $49.66. US Bank fell$. 37 or. 9 percent, to $42.38.

  • Early Glance: Banks companies Monday, 28 Jul 2014 | 10:33 AM ET

    Bank of America Corp. fell$. 06 or. 4 percent, to $15.53. Citigroup Inc. fell$. 15 or. 3 percent, to $49.88. Goldman Sachs rose$. 01 or percent, to $175.41.

  • Lloyds bank settles with US, UK over market fixing Monday, 28 Jul 2014 | 9:43 AM ET

    LONDON— Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.

  • Many investors face Scotland exit risk unprotected Sunday, 27 Jul 2014 | 5:39 AM ET

    *UK break-up seen as outside chance. Last week saw the first glimmer of action in currency markets to protect against the possibility of Scotland voting on Sept. 18 to break away from the United Kingdom.