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Citigroup Inc

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  • Oil Boosts Stocks but Techs Weigh on Market Tuesday, 22 Jul 2008 | 3:34 PM ET

    Stocks advanced, buoyed by a sharp drop in oil prices, but technology stocks dragged on the market after disappointing earnings from Apple and Texas Instruments.

  • Oil Buoys Stocks but Techs Drag Tuesday, 22 Jul 2008 | 2:01 PM ET

    Stocks advanced, buoyed by a sharp drop in oil prices, but technology stocks dragged on the market after disappointing earnings from Apple and Texas Instruments.

  • Asian Markets Ease on US Earnings, But Tokyo Jumps 3% Tuesday, 22 Jul 2008 | 6:03 AM ET

    Asian stocks outside of Japan slipped Tuesday after a landslide of lower-than-expected U.S. corporate results sparked fears of a pullback in consumer demand, boding ill for the region's exporters. But Tokyo rallied 3% higher.

  • Banks Snap Winning Streak, Stocks Slide Monday, 21 Jul 2008 | 5:22 PM ET

    Stocks slipped as the bank rally that has stretched four sessions appeared to run out of steam ahead of Wachovia's report. Merck fell following disappointing results from a cholesterol-drug study.

  • Bank Rally Fizzles; Merck Shares Fall Monday, 21 Jul 2008 | 3:29 PM ET

    Stocks slipped as the morning bank rally fizzled. Merck fell following disappointing results from a cholesterol-drug study.

  • Bank Rally Loses Steam; Merck Skids Monday, 21 Jul 2008 | 2:37 PM ET

    Stocks slipped as the bank rally that has stretched four sessions appeared to fizzle ahead of Wachovia's report. Merck fell following disappointing results from a cholesterol-drug study.

  • Dollar Slips Amid Persistent US Bank Worries Monday, 21 Jul 2008 | 12:51 PM ET
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    The dollar slipped on Monday, losing some of its recent momentum, after better-than-expected earnings from Bank of America failed to convince investors that the worst for the U.S. financial sector is over.

  • Banks, Miners Lift Euro Shares, Roche Drags Monday, 21 Jul 2008 | 12:44 PM ET

    Gains in financial stocks lifted European shares on Monday as markets cheered Bank of America's stronger-than-expected quarterly results, while declines in Roche offset some of the gains.

  • As of this morning, 93 (just under 20%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...

  • Banks Log 4th Straight Rally; Dow Wobbles Monday, 21 Jul 2008 | 11:55 AM ET

    Stocks advanced, led by a fourth straight rally in bank stocks after Bank of America beat expectations. News of a potential pharma deal also gave the market a boost.

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

  • 080718 Earnings.jpg

    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.