Stocks Citigroup Inc

More

  • Are bonds about to lose their flight-to-quality premium? The Fed, the executive branch, the legislative branch, and now even the Bank of England (which cut its key rate a quarter point to 5.5 percent) are working to resolve credit problems. The 10-year is looking toppy here.

  • The Bush Administration's plan to help struggling homeowners avoid foreclosure is the big item on the agenda for Thursday. The plan, already drawing criticism, will be announced by the president in the afternoon and is expected to include a five-year freeze on the resetting of some of the low introductory, teaser rates that drew in many of the weakest borrowers.

  • The three U.S. banks assembling a super fund aimed at alleviating the global credit crunch are scaling back its size due to a lack of interest from the financial firms it's supposed to help, the Wall Street Journal said in its online edition, citing sources familiar with the matter.

  • Stocks posted their biggest gains in a week even though a series of strong economic reports cast doubts about whether the Federal Reserve will cut interest rates next week.

  • Bill Gross

    The Fed is likely to cut the federal funds rate by a quarter point and the discount rate by half point at next Tuesday's policy meeting, PIMCO's Bill Gross told CNBC

  • Stocks are getting a bounce on ADP's jobs report, which already has some on Wall Street revising their view on the government jobs report due Friday and is adding to the debate on what the Fed will do next week. The ADP National Employment report, released this morning, showed a surprisingly strong gain in November private sector jobs of 189,000.

  • Futures up a bit on the strong ADP report. This is a clear sign that the market wants a decent jobs report, even if it might slightly reduce the chance of an aggressive Fed rate cut. As noted yesterday, financials analysts are now cutting 2008 estimates.

  • Josef Ackermann, Chief Executive of Deutsche Bank, has turned down an approach from Citigroup about taking the CEO job  vacated last month by Charles Prince, the Financial Times reported.

  • Selling in the financial sector bit into Tuesday's stock market performance and could do the same Wednesday. After the bell Tuesday, Fannie Mae announced that it was issuing $7 billion in preferred stock and chopping its dividend by 30 percent.

  • Why are financials weak again? Because the Street has come to realize that estimates for 2008 are too high. They have already attacked earnings for the fourth quarter (S&P Financial Sector estimates for Q4 are down 20% compared to the same period last year); now they are attacking 2008.

  • WestLB will give an $11 billion credit guarantee to prop up an investment company in the face of global market turmoil, the stricken regional German lender confirmed on Tuesday.

  • The bank stocks should build on their momentum, Cramer says. Don't take profits yet.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Morgan Stanley may face a fiscal fourth-quarter write-down of as much as $5.7 billion for mortgage-related losses, CNBC has learned.

  • As the Fed cuts rates, there's less need to play defense. Still looking for steady income, though? Cramer has some advice.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Freezing Subprime Rates

    Unless you were trapped under something heavy this morning, you’ve probably heard about the Treasury Dept.’s impending deal with major lenders to freeze interest rates on certain subprime loans. This is all coming out of the “Hope Now” alliance, which was originally launched by Henry Paulson and designed to get lenders in better communication with borrowers.

  • Yes, Sears reported a dismal quarter. But Cramer won't abandon ship: "The guy is too darn good."Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • The bad news that was scaring the markets has, for now, become the good news. Remember Monday. Things were dire. The major stock indexes were in a tailspin, sinking to a level 10% from October's highs, technically a correction. But that's all changed, and in part it's because the markets are now convinced the Fed recognizes what ails it.

  • Plus, Cramer explains a 'dividend charge' and his opinion on whether to buy, sell or hold the stock of your employer.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • If the way events played out in 1990 is any indication, Cramer says yes.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • OQ_NYSE_4.jpg

    Stocks staged one of the biggest rallies of the year as hopes for a Federal Reserve interest cut boosted financial services companies for a second day, while falling oil prices eased concern about higher energy costs.