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Citigroup Inc

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  • Bank of America's Profit Slammed by Credit Losses Monday, 21 Apr 2008 | 7:28 AM ET
    Bank of America branch, New York City.

    Bank of America,  the largest U.S. retail bank, said quarterly profit fell a larger-than-expected 77 percent, dragged down by more than $5 billion of write-downs.

  • Futures Dip, Hurt by National City Cash Plan Monday, 21 Apr 2008 | 7:02 AM ET

    Stock index futures pointed to a lower start for the week as the first wave in a big week of earnings reports left investors wary.

  • Singapore's GIC Says Global Recession, Crisis Likely Sunday, 20 Apr 2008 | 11:47 PM ET

    A Singapore state investment fund that bought multi-billion dollar stakes in beleaguered banks Citigroup and UBS, said a global financial crisis and recession was increasingly likely but that its investments in western banks were long-term in nature.

  • This Week Will Be Crucial for Wall Street Sunday, 20 Apr 2008 | 7:09 AM ET

    Investors will have seen enough corporate results by the end of the week to determine if the recent string of encouraging earnings was a real sign stocks can weather the credit crisis.

  • The Week: Banks, Techs Make Their Case Saturday, 19 Apr 2008 | 4:55 AM ET
    New York Stock Exchange (NYSE)

    Big banks topped this week's investing news as they continued to fight their way through the subprime mortgage mess. For some, like JPMorgan Chase and Citigroup, which both reported earnings this week, it meant continued writedowns.

  • Stocks Finish the Week In a Bullish Mood Friday, 18 Apr 2008 | 8:16 PM ET

    Stocks rallied Friday amid hope that the worst is over for financials and after solid earnings from multinationals.

  • Week Ahead: The Big Test Friday, 18 Apr 2008 | 8:09 PM ET

    Whenever the stock market rushes full speed ahead, it is hard not to look for the big let-down. That could be the case in the week ahead... Major earnings reports, housing data, annual shareholder meetings, and Tuesday's Pennsylvania presidential primaries are what traders will be watching to see if the trend continues.

  • The Latest Picks That Paid – Apr. 18th Friday, 18 Apr 2008 | 6:17 PM ET
    Quicker Ticker

    Our traders are good - but you knew that! Check out their latest picks that paid.

  • Best Week In Two Months Friday, 18 Apr 2008 | 6:17 PM ET

    Corporate earnings put investors in a buying mood and sent the Dow soaring. What's the "Word on the Street?"

  • For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.

  • Weak Start Ended Being A Strong Week Friday, 18 Apr 2008 | 4:49 PM ET

    The week started out poorly, with Wachovia Bank disappointing, and creating fears that the financials would simply fall apart. It didn't happen; Merrill Lynch and Citi reported big writedowns and poor earnings;

  • Wall Street Bracing for More Pink Slips Friday, 18 Apr 2008 | 4:15 PM ET

    Citigroup, Merrill Lynch and Wachovia this week announced 12,400 job cuts, and the number of pink slips is likely to rise as losses mount and the economy works its way out of its malaise.

  • Dollar's Rebound Tied to Hopes for US Economy Friday, 18 Apr 2008 | 3:55 PM ET
    Exchanging Dollars and Euros

    Signs of renewed confidence in the U.S. financial system could support the dollar next week, provided March's housing reports do not revive chances of a steep interest rate cut.

  • Banks Are Coming Clean, And Investors Love It Friday, 18 Apr 2008 | 3:39 PM ET

    Investors just want to know what's on their plate, even if they don't like the taste, and that's what Citigroup provided, along with a plan for recovery.

  • Rally Busts Key Index Levels; Fear Subsides Friday, 18 Apr 2008 | 3:08 PM ET

    Stocks soared Friday amid renewed hope that the worst is over for financials and solid earnings from the industrial and tech sectors.

  • Layoffs At Big Banks: A Tally Friday, 18 Apr 2008 | 2:56 PM ET

    A look at job cuts announced in recent weeks by U.S. banks:

  • Dollar Gains Broadly as Citi Earnings Cheer Friday, 18 Apr 2008 | 2:29 PM ET

    The dollar touched a seven-week high against the yen and pulled further away from a record low versus the euro Friday after Citigroup earnings contained less damage from the crisis in credit markets than some had expected.

  • Citigroup, Google Fuel Stock Rally Friday, 18 Apr 2008 | 1:18 PM ET

    U.S. stocks opened sharply higher Friday as a string of powerful earnings reports showed blue-chip corporate strength that belied fears of a crumbling economy.

  • European Shares Surge, Led by Banks Friday, 18 Apr 2008 | 12:21 PM ET

    European stocks surged 2.3 percent on Friday to their highest close in ten days, driven by banks which jumped after Citigroup's update underscored hopes the worst was over in the global credit crisis.

  • Stocks Take Flight on Earnings Blast Friday, 18 Apr 2008 | 10:41 AM ET

    U.S. stocks opened sharply higher Friday as a string of powerful earnings reports showed blue-chip corporate strength that belied fears of a crumbling economy.

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