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Citigroup Inc

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  • Financials Lead Stocks to a Higher Finish Wednesday, 27 Aug 2008 | 5:21 PM ET

    Stocks finished higher in feather-light trading Wednesday, boosted by a rise in financials and energy stocks, as well as a better-than-expected durable-goods report.

  • Financials, Durables Report Boost Stocks Wednesday, 27 Aug 2008 | 1:30 PM ET

    Stocks advanced in light trading Wednesday, boosted by a rise in financials and housing stocks, as well as a better-than-expected durable-goods report. Earlier, stocks had swayed, torn between the encouraging durables report and oil's ascent amid the threat of tropical storm Gustav.

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    Reeling from more than $58 billion in write-downs and credit losses Citigroup is looking to pare expenses. And one of those cost-cutting measures will be a limit on color-copying.

  • Solving the Fannie/Freddie Mystery Wednesday, 27 Aug 2008 | 11:54 AM ET

    Lots of discussion about the "Fannie/Freddie mystery," i.e.: Why, if the common is worthless, have the stocks rallied 22 percent (for Fannie Mae) and 57 percent (for Freddie Mac) this week?

  • Stocks Sway in Oil, Durables Crosswinds Wednesday, 27 Aug 2008 | 11:07 AM ET

    Stocks turned lower Wednesday as rising oil prices offset a better-than-expected report on durable-goods orders.

  • Futures Jump After Durable-Goods Report Wednesday, 27 Aug 2008 | 9:28 AM ET

    U.S. stock index futures bounced back after a better-than-expected report on durable-goods orders.

  • Fall Forecast: Financials Tuesday, 26 Aug 2008 | 6:17 PM ET

    Find out why the bottom in banks might have occurred in July!

  • Do the markets prefer Republicans? Tuesday, 26 Aug 2008 | 7:31 AM ET
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    With the Democratic National Convention starting yesterday, the conversation over which candidate will be better for the economy will heat up.  Here are some stats on the Dow and presidential elections. With the exception of FDR's takeover for Herbert Hoover, it looks like "Change" seems to be less favorable to the markets than continuity when a Republican is in office. The best year for the Dow, on the other hand, occurred under a Democrat's administration.

  • Trading Fannie and Freddie Monday, 25 Aug 2008 | 3:39 PM ET

    Does a $2 billion debt sale by Mr. Mac put these stocks back in the buy column?

  • As the value of home mortgages crumbles by the day, Wall Street has hoped that commercial real estate loans would stay clear of the storm, the New York Times reported.

  • Cramer: Lehman's a 'Lurking Black Hole' Thursday, 21 Aug 2008 | 7:02 PM ET

    The bank is suffering one setback after another, helping to prevent the market from finding any solid ground.

  • Merrill and Goldman Sachs Settle Auction-Debt Probe Thursday, 21 Aug 2008 | 6:11 PM ET
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    Three more more financial firms, including Merrill Lynch and Goldman Sachs, reached settlements over the sale of auction-rate securities, a $330 billion market that collapsed in February.

  • Merrill's Thain, Cuomo Discuss Auction-Rate Probe Thursday, 21 Aug 2008 | 4:27 PM ET
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    Merrill Lynch CEO John Thain met with New York Attorney General Andrew Cuomo on Thursday in an attempt to reach a settlement of the auction-rate securities probe, CNBC has learned.

  • Merrill Settles With Massachusetts on Auction Debt Thursday, 21 Aug 2008 | 1:27 PM ET

    Merrill Lynch reached a settlement with Massachusetts over auction-rate securities, the latest in a string a accords between regulators and Wall Street firms over the $330 billion market that collapsed in February

  • Cuomo Threatens to Sue Merrill Over Auction-Rate Debt Thursday, 21 Aug 2008 | 9:52 AM ET

    Merrill Lynch has until Friday to settle an auction-rate securities case with New York Attorney General Andrew Cuomo's office or it will face a lawsuit, Cuomo warned during a CNBC interview.

  • Dow Ends Higher as Banks Eke Out Gains Wednesday, 20 Aug 2008 | 5:15 PM ET

    Major U.S. indexes ended a choppy session higher, helped by a late rally in banks and better-than-expected results from Hewlett-Packard.

  • HP Results, Oil's Retreat Buoy Stocks Wednesday, 20 Aug 2008 | 2:24 PM ET

    U.S. stocks ticked higher Wednesday after a sharp rise in crude supplies pushed oil below $114 a barrel.  Banks were scrambled by worries about more fallout from the credit crunch, while Hewlett-Packard buoyed techs.

  • Stocks Rise as Oil Trades Below $114 Wednesday, 20 Aug 2008 | 11:15 AM ET

    U.S. stocks ticked higher Wednesday after a sharp rise in crude supplies pushed oil below $114 a barrel.  Banks were scrambled by worries about more fallout from the credit crunch, while Hewlett-Packard buoyed techs.

  • Financial Crisis Is Still Far From Over, Market Pros Say Wednesday, 20 Aug 2008 | 10:29 AM ET
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    The financial industry was hit with more downgrades and dire predictions, sending most stocks lower in the already battered sector.

  • Financials Slammed Again As Pros See Crisis Growing Wednesday, 20 Aug 2008 | 10:18 AM ET
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    The financial industry was hit with more downgrades and dire predictions, continuing a drumbeat of bad news for the already battered sector.