The "Fast Money" traders share their final trades of the day.» Read More
Bank of America Corp. rose$. 02 or. 1 percent, to $17.05. Citigroup Inc. fell$. 20 or. 4 percent, to $52.84. Goldman Sachs fell$. 20 or. 1 percent, to $185.09.
Sept 23- Deere& Co, the world's largest farm equipment maker, said it was exploring strategic options for its low-margin crop insurance business and had hired Citigroup as its adviser.
Bank of America Corp. rose$. 12 or. 7 percent, to $17.15. Citigroup Inc. fell$. 02 or percent, to $53.02. Goldman Sachs rose $1.02 or. 6 percent, to $186.31.
*Action may deter Pfizer from returning to bid for AstraZeneca. Burger King, which is in the process of an inversion deal with Canada's Tim Horton's, said Tuesday it would proceed with its $11.5 billion deal despite the Treasury actions, saying the transaction was not about the tax benefits.
Sept 23- Farm equipment maker Deere& Co said it was exploring strategic options for its crop insurance business and had hired Citigroup as its adviser. The business underwrites policies through John Deere Insurance Company. The company said no formal decisions had been made and no agreements had been reached yet.
Bank of America Corp. rose$. 10 or. 6 percent, to $17.13. Citigroup Inc. rose$. 10 or. 2 percent, to $53.14. JPMorgan Chase rose$. 09 or. 1 percent, to $61.00.
Shares of several companies stumbled Tuesday before markets opened and a day after the Treasury Department announced new regulations that aim to make it tougher to pull off overseas mergers and acquisitions that trim U.S. corporate tax bills. The new regulations are broader than Citi analysts Liav Abraham and Matthew J. Dodds expected.
*May deter Pfizer from returning to bid for AstraZeneca. LONDON, Sept 23- Shares in drugmakers AstraZeneca and Shire fell sharply on Tuesday after the U.S. The move could jeopardize an agreed deal for AbbVie to buy Shire for $55 billion and deter Pfizer from making another attempt to acquire AstraZeneca, after a $118 billion takeover attempt failed in May.
Sept 23- OM Asset Management Ltd, a unit of Anglo-South African financial group Old Mutual Plc, is expected to raise about $374 million in its initial public offering.
Bank of America Corp. rose$. 08 or. 5 percent, to $17.03. Citigroup Inc. fell$. 44 or. 8 percent, to $53.04. Goldman Sachs fell$. 91 or. 5 percent, to $185.29.
NEW YORK, Sept 22- Citigroup Inc is set to return to court Friday as it seeks to have a U.S. judge reconsider an order barring it from processing payments on $8.4 billion in bonds issued under Argentina's local laws following its 2002 default. District Judge Thomas Gries in New York on Monday scheduled the Friday hearing for 3 p.m. EDT, a court official said.
T4U, which is controlled by Israel's Fishman Group, hired Bank of America Merrill Lynch, Itaú BBA SA, UBS AG and Citigroup Inc to manage the deal. The IPO plan, the first to be filed in Brazil in about a year, comes at a time when operators such as American Tower Corp expand in Brazil and demand for high-speed internet spurs the construction of thousands of towers.
NEW YORK, Sept 22- Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentine law following the country's record 2002 default, court documents showed.
Bank of America Corp. rose$. 16 or 1.0 percent, to $17.11. Citigroup Inc. fell$. 14 or. 3 percent, to $53.34. Goldman Sachs fell$. 26 or. 1 percent, to $185.94.
FRANKFURT, Sept 22- Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S.-based Sigma-Aldrich Corp for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history.
*Silver prices drop to lowest since mid-2010. *Gold eyes key chart support at $1,180/ oz, June 2013 low. NEW YORK/ LONDON, Sept 22- Gold prices edged up on Monday on short covering after a dollar rise and technical selling sent the precious metal into its weakest since early January earlier in the day.
NEW YORK, Sept 22- Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentina's local laws following its 2002 default.
Bank of America Corp. rose$. 19 or 1.1 percent, to $17.14. Citigroup Inc. rose$. 06 or. 1 percent, to $53.54. US Bank rose$. 01 or percent, to $43.24.
HONG KONG, Sept 22- Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.