Citigroup Inc


  • LONDON, Oct 31- WPP Plc, the advertising group run by high-profile executive Martin Sorrell, posted a slightly lower-than-expected 3 percent quarterly sales rise, reflecting growing concerns over geopolitical tensions and a slowdown in the global economy. WPP, which has more than 179,000 staff in 111 countries, said it expected a slowdown in the fourth quarter,...

  • Stock picks: 13 trades in 77 seconds Thursday, 30 Oct 2014 | 6:50 PM ET

    Dan Nathan says Citigroup isn't worth buying despite a selloff following a third-quarter income downward revision.

  • Final Glance: Banks companies Thursday, 30 Oct 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 04 or. 2 percent, to $17.03. Citigroup Inc. rose$. 51 or 1.0 percent, to $53.15. Goldman Sachs rose$. 89 or. 5 percent, to $186.97.

  • Your first trade for Friday Thursday, 30 Oct 2014 | 6:01 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Citigroup lowers Q3 results because of legal costs Thursday, 30 Oct 2014 | 5:36 PM ET
    Michael Corbat, chief executive officer of Citigroup Inc.

    The company revised downward its third-quarter net income to $2.8 billion from $3.4 billion.

  • Oct 30- Citigroup Inc said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to "rapidly evolving regulatory inquiries." On a per-share basis, Citigroup adjusted its profit to 88 cents for the quarter. Bernstein Research analysts estimated before Thursday's announcement that Citigroup's remaining reserves were about...

  • After-hours buzz: Citigroup, GoPro, Starbucks & more Thursday, 30 Oct 2014 | 5:00 PM ET

    Check out which companies are making headlines after the bell Thursday: Citigroup, GoPro, Starbucks & more.

  • Citi cuts earnings due to regulatory probes Thursday, 30 Oct 2014 | 4:47 PM ET

    NEW YORK— Citigroup has slashed its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month. Citi previously reported third-quarter net income of $3.44 billion, or $1.07 per share, on Oct. 14. Among them is a probe of Citi's foreign exchange business by government and...

  • Citi revises Q3 lower due to legal accruals Thursday, 30 Oct 2014 | 4:29 PM ET

    Oct 30- Citigroup Inc revised its third-quarter results lower due to a $600 million increase in legal accruals. The bank adjusted its third-quarter net income to $2.84 billion from $3.44 billion, citing "rapidly evolving regulatory inquiries and investigations". The company, which had reported third-quarter results on Oct. 14, said its profit on a per share...

  • Citigroup cuts Q3 results     Thursday, 30 Oct 2014 | 4:18 PM ET

    Citigroup has revised previously stated earnings. CNBC's Dominic Chu reports the company has cut its Q3 EPS to $0.88 from $1.07 prior.

  • Citigroup has cut its Q3 EPS to $0.88 from $1.07 prior. Insight into the revision, with CNBC's Kayla Tausche and Jeffrey Harte, Sandler O'Neill.

  • Here's a little-known hack for nabbing holiday deals Thursday, 30 Oct 2014 | 1:43 PM ET

    As holiday sales ramp up to Black Friday, Oct. 30 may prove to be an important day for bargain hunters.

  • Midday Glance: Banks companies Thursday, 30 Oct 2014 | 1:17 PM ET

    Bank of America Corp. rose$. 03 or. 2 percent, to $17.02. Citigroup Inc. rose$. 34 or. 6 percent, to $52.98. Goldman Sachs rose$. 17 or. 1 percent, to $186.25.

  • UPDATE 3-Vale posts surprise loss, shares dive Thursday, 30 Oct 2014 | 12:41 PM ET

    RIO DE JANEIRO, Oct 30- Vale posted a surprise $1.44 billion loss, and its shares tumbled to a 5-1/ 2- year low as investors worried about the cost of the Brazilian miner's expansion plans and a possible cut to its dividend in a new era of lower iron ore prices. Vale SA cited low iron ore prices and a weak local currency for the third-quarter loss. Vale is attempting to...

  • Early Glance: Banks companies Thursday, 30 Oct 2014 | 11:28 AM ET

    Bank of America Corp. fell$. 13 or. 7 percent, to $16.87. Citigroup Inc. fell$. 22 or. 4 percent, to $52.42. Goldman Sachs fell$. 17 or. 1 percent, to $185.91.

  • RIO DE JANEIRO, Oct 30- Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency. Iron ore cash costs were also higher than analysts had expected, while Vale said the weakening Brazilian real wiped nearly $2 billion off its earnings by increasing the cost of...

  • *Bank makes provision to settle UK, US foreign exchange probes. LONDON, Oct 30- Barclays Plc set aside 500 million pounds in the third quarter to cover potential fines for rigging currency markets, taking the shine off a rise in profits as its retail business performed well and costs were cut. Barclays is one of six banks in talks with UK regulators to pay about 1.5...

  • *China official PMI seen at 51.2 vs 51.1 in Sept Data due on Nov 1 at 0100 GMT. BEIJING, Oct 30- Growth in China's manufacturing sector likely picked up slightly in October as demand improved, a Reuters poll showed, offering some tentative signs that the world's second-biggest economy may be stabilizing but at levels which are subdued. "Overall, we see that China's...

  • Stock picks: 21 trades in 67 seconds Wednesday, 29 Oct 2014 | 7:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    With the end of the Federal Reserve's quantitative easing in sight, the outlook for financial stocks appears bright, Karen Finerman says.

  • Final Glance: Banks companies Wednesday, 29 Oct 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 19 or 1.1 percent, to $16.99. Citigroup Inc. rose$. 21 or. 4 percent, to $52.65. Goldman Sachs fell$. 24 or. 1 percent, to $186.08.