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Citigroup Inc

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  • Bank of America Rallies on Smaller Drop in Profit Monday, 21 Jul 2008 | 11:08 AM ET

    Bank of America's quarterly profit fell less than expected despite a surge in bad loans, causing shares of the largest U.S. retail bank and mortgage lender to soar.

  • Happy Anniversary Dow 14000! Monday, 21 Jul 2008 | 7:41 AM ET

    This past Saturday marked the one-year anniversary of the Dow Industrials’ first close above 14,000. Needless to say, it has been quite a ride for the Dow since it first reached that milestone; the Dow continued to establish new all-time highs into October before falling to 2-year lows this month.

  • Citigroup Vice Chairman Michael Klein to Leave Monday, 21 Jul 2008 | 7:39 AM ET
    Citigroup Center

    Citigroup said on Monday that Vice Chairman Michael Klein would leave the largest U.S. bank by assets to pursue other opportunities.

  • Seoul, Sydney Climb 3% as Asian Markets Surge Monday, 21 Jul 2008 | 5:45 AM ET

    Asian markets surged Monday, helped by a smaller-than-expected loss at Citigroup that provided comfort about the financial sector's stability ahead of more results this week from banks and industrial companies. Both South Korea and Australia gained over 3%.

  • Union Urges Citigroup to Break Up Monday, 21 Jul 2008 | 5:10 AM ET

    A large U.S. union has urged Citigroup to break itself up, saying the bank had become "too big and unwieldy to properly oversee."

  • European Shares Set to Inch Higher, Earnings Eyed Monday, 21 Jul 2008 | 1:34 AM ET

    European stocks were set to inch higher on Monday, extending a three-session rally, as investors brace for a flurry of  corporate earnings from U.S. bellwethers such as Apple , Merck  and Bank of America.

  • Bank Rally Helps Stocks Snap Losing Streak Friday, 18 Jul 2008 | 6:11 PM ET

    Stocks finished the day mixed, as disappointing earnings from Microsoft and Google dragged down techs, but gained 3.6 percent for the week, helped by a rally in bank stocks and a sharp drop in oil prices.  Oil ended the week down 11 percent at $128.88 a barrel.

  • Dow Jumps Over 3% On The Week Friday, 18 Jul 2008 | 5:50 PM ET

    The Dow closed with fresh gains Friday due to a smaller-than-expected loss from Citigroup and the biggest weekly dollar drop ever in oil prices. What's the "Word on the Street?"

  • For the week ending Friday, July 18, 2008, the U.S. markets saw extreme volatility yet settled higher on better-than-expected earnings results, a pullback in crude oil, and an indication that the Fed will hold interest rates steady.  Nonetheless, the Dow had its best week since April 18 and its best 3-day percent gain since March 2003 even after closing below 11,000 for the first time since July 2006. 

  • Big Three Financials Deliver Friday, 18 Jul 2008 | 4:08 PM ET

    I know, it wasn't exciting, but exciting wasn't what most traders were looking for. After a wild week, a quiet stable day was fine. There was no concerted attempt to sell off financials, and that is why it was a successful day for bulls.

  • Stocks Wobble as Rally Can't Find Legs Friday, 18 Jul 2008 | 3:18 PM ET

    Stocks turned mixed Friday as banks rebounded and Google and Microsoft slammed techs.

  • Bank Stocks: Fear Trumps Fundamentals Friday, 18 Jul 2008 | 3:06 PM ET

    Investors interested in buying and selling U.S. bank stocks based on the performance of the underlying businesses might well have gone on holiday this week  --  and might stay there next week.

  • Financial Stocks You Can Bank On Friday, 18 Jul 2008 | 2:27 PM ET

    Waiting for a market expert to recommend financial stocks?  Wait no longer.  Wendell Perkins has banks on his shopping list.

  • Stock Chatter Focuses on Financials, Pharma Friday, 18 Jul 2008 | 2:01 PM ET

    To help investors prepare their portfolios before the weekend, CNBC asked the experts for their best trades now.

  • Citi Gives Euro Stocks a Boost; Pharmas Gain Friday, 18 Jul 2008 | 2:01 PM ET

    European shares rallied Friday as Citigroup's results gave a boost to bank stocks. Euro stocks gained 3.2 percent for the week.

  • Week's Rally Still Leaves Some on the Sidelines Friday, 18 Jul 2008 | 1:36 PM ET

    This week's Wall Street rally has encouraged at least some investors to come in off the sidelines, but not as many as the sharp gain in stocks might suggest.

  • Stocks Mixed as Banks Bounce, Oil Recedes Friday, 18 Jul 2008 | 1:24 PM ET

    Stocks turned mixed Friday as banks rebounded and Google and Microsoft slammed techs.

  • Market Turns Lower as Bank Rally Fizzles Friday, 18 Jul 2008 | 11:20 AM ET

    Stocks turned lower Friday as an early bank rally fizzled and Google and Microsoft slammed techs.

  • Crunch Time for Financial Rally Friday, 18 Jul 2008 | 11:16 AM ET

    Is there any doubt that big-cap financials are the key to this market? What's worked for two months? Sell the rally in financials. This is crunch time for the two-day rally...and not surprisingly, they are pushing the old trade hard today.

  • Citigroup Shares Jump on Smaller-than-Expected Loss Friday, 18 Jul 2008 | 10:19 AM ET

    Citigroup, the largest U.S. bank, posted a smaller-than-expected quarterly loss Friday despite $11.7 billion of write-downs and credit losses tied to deteriorating capital markets and the slumping economy.