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Stocks Citigroup Inc

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    CEO compensation at the biggest U.S. corporations dropped sharply last year, reflecting in part the rough business conditions at top-tier banks and other large financial firms, a study has found.

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    A Carl Icahn proxy fight and word that GE will sell it's appliance division made headlines after the bell. What's the "Word on the Street?"

  • Global banks have disclosed 80 percent of forecast losses on subprime mortgage-related assets, meaning further ratings actions due to losses on these instruments are likely to be "minimal," Fitch Ratings said on Wednesday.

  • Clear Channel's headquarters in San Antonio.

    Shares of Clear Channel Communications surged on media reports that a revised deal has been reached to finance the radio and media company's buyout by Thomas H. Lee Partners and Bain Capital.

  • For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08. 

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    Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.

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    The Dow faded under the weight of crude oil which surged past $125 per barrel Friday. What's the "Word on the Street?"

  • Stocks closed lower Friday, weighed down by another record for oil prices and dismal results from insurance giant AIG.

  • What do AIG, Citigroup and Circuit City have in common? They're all awful, Cramer said.

  • Stocks opened lower, weighed down by AIG after the insurer posted dismal earnings.

  • Brazil, Brazil Flag

    Worried about your portfolio going south?  Don't worry, advises Tom Del Zoppo.  HSBC's head of cash equities for the Americas thinks that's the best place for at least part of it to go.

  • The AIG damage is limited, and that is good news: other P&C insurers are not showing any serious declines; financials in modest rally; the VIX is already dropping. The biggest factor: the Citi conference call, with Pandit and CFO Crittenden, appears to have gone well. Here are a few headlines...

  • Stocks opened lower, weighed down by AIG after the insurer posted dismal earnings.

  • Asian and European markets, as well as U.S. futures, weaker on the AIG news. Dollar stronger. For the moment, the risk aversion trade (long bonds, short financials) is back on. Oil at new high not helping. Also: Circuit City is allowing Blockbuster and Carl Icahn to conduct due diligence.

  • Commodities and energy are likely to stay in the driver's seat Friday. Those were the power groups, and the financials were the weaklings again in Thursday's stock market.

  • Beleaguered Citigroup will face tough questions at an investor meeting on Friday. What will CEO Vikram Pandit reveal?

  • A New York state judge said Wednesday a dispute over financing the $20 billion buyout of Clear Channel Communications would go to trial on a breach of contract claim filed against six banks, according to a court filing.

  • Stocks declined as soaring oil prices triggered concerns about inflation and consumer spending.

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    Swiss bank UBS will cut almost 7 percent of its workforce and said it has a preliminary deal with  BlackRock to sell a $15 billion portfolio of subprime mortgages.

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    Top Chinese e-commerce firm Alibaba.com more than doubled its first-quarter earnings, beating forecasts, on strong demand for online trade and improved profit margins due to successful cost management.