GO
Loading...

Citigroup Inc

More

  • Cash-strapped Americans are ringing up more purchases on their credit and debit cards, but there could be a steep price to pay ahead.

  • Banks Lead Market Fall Monday, 2 Jun 2008 | 6:19 PM ET

    The Dow fell sharply on Monday after S&P jolted three leading U.S. banks with downgrades and Wachovia ousted CEO Ken Thompson. What's the "Word on the Street?"

  • Financial Sector Slammed By Fresh Credit Worries Monday, 2 Jun 2008 | 4:06 PM ET
    Credit Crunch

    Downgrades of three U.S. investment banks, an ouster of Wachovia's CEO and a bleak U.K. housing outlook reignited fears about the global credit crunch.

  • "Whack-ovia" Helps Drives Fear Of Financials Monday, 2 Jun 2008 | 3:05 PM ET

    The latest shoe to drop came this afternoon when Standard & Poor said it was lowering the ratings of Merrill Lynch, Lehman and Morgan Stanley. Traders, though, say the move was not really a surprise and is trailing the market's view.

  • June: Finding Opportunity in a Tough Month Monday, 2 Jun 2008 | 2:28 PM ET

    Looking at the historical returns of the Dow for the month of June, today's swoon is not a big surprise.  But are there rays of light for investors as the summer days begin?

  • Wachovia Shares Fall on Thompson's Dismissal Monday, 2 Jun 2008 | 1:12 PM ET
    A Wachovia branch bank is shown in a Charlotte, N.C. file photo from July 20, 2006. After a rough year, the banking industry appears headed for another in 2007. (AP Photo/Chuck Burton, File)

    Wachovia ousted its chief executive, following growing legal troubles and loanlosses tied to the purchase of a big mortgage lender just before the housing market imploded.

  • Three Big Wall Street Banks Are Downgraded by S&P Monday, 2 Jun 2008 | 1:07 PM ET
    Credit Crunch

    Standard & Poor's cut the ratings of Lehman Brothers, Merrill Lynch and Morgan Stanley and said the outlook for large US financial institutions is now mostly negative.

  • Banks Avoid Lending to Less Competitive Colleges Monday, 2 Jun 2008 | 4:34 AM ET

    Some of the nation’s biggest banks have closed their doors to students at community colleges, for-profit universities and other less competitive institutions, the NYT reports.

  • China Telecom to Pay Unicom $14 Billion for Network Monday, 2 Jun 2008 | 12:16 AM ET
    Cell phone tower, telcom, telecom

    China Telecom and its state parent will pay more than $14 billion to buy a wireless network owned by the China Unicom group, entering a lucrative mobile arena in the first deal reached under Beijing's sweeping overhaul of the world's largest telecoms industry.

  • Oil Drops 4% On Week Friday, 30 May 2008 | 6:16 PM ET

    Next week could be the biggest week for oil and other commodities in years, says Guy Adami. What's the "Word on the Street?"

  • Game Plan: Will Banks (Finally) Bottom Next Week? Friday, 30 May 2008 | 5:45 PM ET

    If so, it could spark a marketwide rally, Cramer says.

  • Your First Move For Friday May 30th Thursday, 29 May 2008 | 7:15 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • Stop Trading!: Cramer Reacts to Kass' Citi Call Thursday, 29 May 2008 | 3:49 PM ET

    Is this a once in a generation chance to buy financials?

  • Stocks Close Higher After Volatile Session Wednesday, 28 May 2008 | 4:43 PM ET

    Stocks closed at their highs for the day after bouncing up and down throughout the session.

  • China to Issue 3G Licenses, Merge Telco Majors Sunday, 25 May 2008 | 8:05 PM ET
    Cell phone tower, telcom, telecom

    China will issue three Licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and China Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.

  • Oil Prices Snag Stocks' Two-Month Rally Friday, 23 May 2008 | 5:20 PM ET

    Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally.  The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.

  • Stocks Snap Losing Streak; Energy Skids Thursday, 22 May 2008 | 4:42 PM ET

    Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.

  • Europe Preview: Was French 'Rogue Trader' Alone? Thursday, 22 May 2008 | 2:47 PM ET

    Tomorrow a Société Générale special committee will unveil a long-awaited report into how one 31-year-old trader was able to build up €50 billion in long positions and then give everyone the impression his huge bets were low-risk.

  • Financials Lead Rebound; Energy Skids Thursday, 22 May 2008 | 2:29 PM ET

    Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.

  • UBS Launches $15.5 Billion Discounted Rights Issue Thursday, 22 May 2008 | 2:25 PM ET

    Swiss bank UBS launched a deeply discounted rights issue worth 16 billion Swiss francs ($15.55 billion) on Thursday at a third below its latest market price in a bid to lure investors to repair its battered balance sheet.