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Citigroup Inc

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  • Have We Hit a Bottom? Wednesday, 28 Nov 2007 | 7:28 PM ET

    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.

  • Stocks Skyrocket On Hopes for Rate Cut Wednesday, 28 Nov 2007 | 4:50 PM ET

    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.

  • What Will Abu Dhabi Buy Next? Wednesday, 28 Nov 2007 | 11:10 AM ET

    Forget banks. Now it's time to think oil.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.

  • Citi Rejects Bank America Merger Suggestion: WSJ Wednesday, 28 Nov 2007 | 6:13 AM ET

    Citigroup got a call from a prominent investment banker suggesting a merger with Bank of America as it was dealing with billions of dollars in mortgage-related losses and the departure of Chief Executive Charles Prince, the Wall Street Journal reported Wednesday in its online edition.

  • Asian Markets Close Lower, Hong Kong Gains Wednesday, 28 Nov 2007 | 5:14 AM ET

    Asian markets slipped into the red Wednesday, with the exception of the Hang Seng index, paring back the modest gains made in the morning.  Japan finished down while South Korea closed over 1 percent lower.

  • Market Insider/Wednesday Look Ahead Tuesday, 27 Nov 2007 | 9:56 PM ET

    Tuesday's market action was the mirror opposite of Monday's mayhem. The Dow rose 215 points, or 1.69%. Money poured into the financial stocks. The credit markets calmed down, and 10-year Treasury futures traded near record volume but in a fairly tempered way. The dollar rallied. All this started with news Abu Dhabi Investment Authority was investing $7.5 billion in Citigroup.

  • Freddie Mac Floats Stock, Cutting Dividends Tuesday, 27 Nov 2007 | 4:46 PM ET

    As suspected, Freddie Mac is floating stock. Offering $6 billion in preferred stock, but the bigger story is they are cutting their dividend 50% to 25 cents....and the stock is down fractionally.

  • Mideast Stake in Citigroup May Lead to Other Deals Tuesday, 27 Nov 2007 | 4:23 PM ET
    Citigroup Center

    A $7.5 billion Abu Dhabi deal for  Citigroup may encourage other Middle East investors to buy stakes in troubled U.S. financial firms.

  • Stocks Close Higher, Led by Financials Tuesday, 27 Nov 2007 | 4:07 PM ET

    Stocks closed sharply higher after a rebound by the battered financial sector spread across the entire market.

  • Markets: The Issues "Floating Around" Today Tuesday, 27 Nov 2007 | 4:00 PM ET

    For the last two weeks, it hasn't mattered if the market is up, down, or flat going into the last hour; the prevailing trend has been to attempt to sell the market toward the end of the day, even if the market ends positive.

  • Stop Trading!: After Citi, Who's Next? Tuesday, 27 Nov 2007 | 3:34 PM ET

    With Middle Eastern money flowing, JPMorgan Chase and AIG could be next in line for a major investment.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.

  • European Stocks Close Lower, Banks Higher Tuesday, 27 Nov 2007 | 12:03 PM ET

    European shares recovered some of Tuesday's lost ground, led by a sharp bounce on Wall Street and a turnaround in some of the defensives sectors such as food stocks that had fallen earlier in the day.

  • Dollar Gains in Volatile Session After Citi News Tuesday, 27 Nov 2007 | 11:09 AM ET
    Exchanging Dollars and Euros

    The dollar rose against most major currencies Tuesday after Citigroup Inc.  said it will sell a $7.5 billion stake to the Abu Dhabi government, restoring some confidence in battered U.S. banks.

  • Citi to Sell $7.5 Billion Stake to Abu Dhabi Group Tuesday, 27 Nov 2007 | 9:36 AM ET
    Citigroup Center

    Citigroup is selling up to 4.9 percent of itself for $7.5 billion to the Gulf Arab emirate of Abu Dhabi, giving the largest U.S. bank fresh capital as it wrestles with the subprime mortgage crisis and the resignation of its chief executive.

  • Abu Dhabi's Cash Infusion: Does It Save Citi? Tuesday, 27 Nov 2007 | 9:25 AM ET

    Abu Dhabi's $7.5 billion capital injection into Citi--that's 4.9% of the company--contains a stunning figure: a mandatory convertible that pays 11% yield (Citi currently has a 7.1% dividend yield)! That, as many have observed, is above the average yield for junk bonds, currently about 9%.

  • Credit Fears Seen Pushing Europe Stocks Down Tuesday, 27 Nov 2007 | 1:56 AM ET

    European equities are set to start weaker on Tuesday, extending the previous session's losses as markets track sharp falls on Wall Street which was hit by credit worries.

  • Market Insider/Tuesday Look Ahead Tuesday, 27 Nov 2007 | 12:50 AM ET

    The comments of Fed officials this week could be the balm the markets need, but they could just as easily prove to be the source of more anxiety.

  • It's Official: Markets Are In Correction Monday, 26 Nov 2007 | 4:50 PM ET

    A late-day selloff pushed the major stock averages down 10% from their highs, meaning the market is now officially in a correction.

  • Citigroup Plans New Round Of 'Massive' Job Cuts Monday, 26 Nov 2007 | 10:31 AM ET
    Citigroup Center

    Citigroup, Wall Street’s largest financial services firms, is planning its second round of large-scale layoffs in less than a year, CNBC has learned.

  • HSBC Restructures 2 SIVs, Provides $35 Billion Funding Monday, 26 Nov 2007 | 10:12 AM ET

    HSBC Holdings, Europe's biggest bank, has stepped in to support its two structured investment vehicles -- Cullinan and Asscher -- with funding of up to $35 billion to prevent forced sales of assets.