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Citigroup Inc

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  • LONDON, July 20- Copper hit its lowest in nearly two weeks on Monday weighed down by a strong dollar, multi-year lows in gold and growing inventories, although upbeat data in China and steadier Chinese stock markets limited losses. If it's focussing on the dollar, that suggests prices are going to struggle, "said Citi analyst David Wilson. It earlier touched $5,429,...

  • *Gold fell as much as 4 pct briefly to $1,088.05. MANILA, July 20- Gold trimmed losses after falling as much as 4 percent to its lowest in more than five years on Monday as sellers in top consumer China sold off the metal in minutes, just as bullion's safe-haven status takes a fresh knock from mounting expectations of a U.S. rate hike. "The market looks very technically...

  • BEIJING— Asian stocks mostly drifted lower Monday as investors put Greece's debt crisis behind them to focus on the outlook for interest rates, corporate earnings and China's economy. Seoul's Kospi was off 0.2 percent at 2,071.87 and Bangkok, Taiwan and Manila also fell. Sydney's S&P/ASX 200 added 0.1 percent to 5,675.20 and Singapore and New Zealand also rose.

  • Italy to list $4.33B stake in post office on MIL Sunday, 19 Jul 2015 | 8:51 PM ET

    Italy is set to float its national post office in the first week of August, kicking off a 12 billion euro privatization program. The Financial Times reports.

  • NEW YORK, July 17- Google Inc's strong quarterly results, which unleashed a massive surge in its shares on Friday, has investors feeling upbeat heading into next week's tech-heavy slate of earnings reports. Among the numerous tech companies releasing earnings next week are International Business Machines, Microsoft Corp and Apple, all of which are expected to...

  • Elizabeth Warren on Friday pressed the 2016 presidential contenders to curb the influence of Wall Street banks, as she seeks to leave her imprint on the agenda of Hillary Rodham Clinton and rest of the Democratic field. Warren said in a keynote address to the annual Netroots Nation convention that the next president needs to halt the revolving door between...

  • Stronger quarterly earnings reports from a range of big U.S. companies, including Citigroup and JPMorgan Chase, added more encouragement. "It appears the sky is clearing," said Linda Duessel, senior equity strategist at Federated Investors. Before this week, concerns about China's plunging stock market and the prospect of Greece leaving the euro "had been...

  • LONDON, July 17- European stock markets slipped on Friday, with a recent Greece- driven relief rally showing signs of fading, while a drop in the shares of truck maker Volvo also weighed on equities. The earnings season is only just getting under way in Europe, with Friday's batch of results bringing forecast-beating numbers from mobile network supplier Ericsson,...

  • LONDON, July 17- Amid all the uncertainty swirling around financial markets, one clear picture is emerging for investors: U.S. and UK interest rates will soon rise, while most of the rest of the world is easing monetary policy. Federal Reserve chair Janet Yellen and Bank of England governor Mark Carney this week gave their strongest indications to date that they...

  • Euro zone stock markets' Greek relief rally fades Friday, 17 Jul 2015 | 6:17 AM ET

    LONDON, July 17- Blue-chip euro zone stocks slipped on Friday, with a recent Greece- driven relief rally showing signs of fading as investor focus shifts to the corporate earnings season and the timing of a U.S. interest rate hike. The trading day looked set to be dominated by U.S. inflation data due later as well as General Electric's earnings.

  • Greek relief rally fades as euro zone stocks slip Friday, 17 Jul 2015 | 4:29 AM ET

    LONDON, July 17- Blue-chip euro zone stocks slipped on Friday, with a recent Greece- driven relief rally showing signs of fading as investor focus shifts to the corporate earnings season and the timing of a U.S. interest rate hike. The earnings season is only just getting underway in Europe, with Friday's batch of results bringing forecast-beating numbers from...

  • *Myanmar currently unrated by top 3 agencies. HONG KONG, July 17- Citigroup Inc and Standard Chartered Plc are set to advise Myanmar on its first credit rating, according to people with direct knowledge of the matter, paving the way for the country to issue its maiden international bond. "Getting a credit rating is of the first importance for Myanmar, helping it to...

  • *Myanmar currently unrated by top 3 agencies. HONG KONG, July 17- Citigroup Inc and Standard Chartered Plc are set to advise Myanmar on its first credit rating, according to people with direct knowledge of the matter, paving the way for the country to issue its maiden international bond. After decades of isolation from international capital markets under...

  • Rate-anxious traders brace for inflation in CPI Thursday, 16 Jul 2015 | 6:50 PM ET
    Trader on the floor of the New York Stock Exchange.

    Consumer prices are the big news for markets, as traders look for signs that could prompt a Fed hike rate.

  • How the Dow Jones industrial average fared on Thursday Thursday, 16 Jul 2015 | 5:06 PM ET

    A new financial lifeline for Greece and strong corporate earnings on Thursday helped push U.S. stocks higher. Indexes rose from the start as strong second-quarter results from Netflix, eBay, Citigroup and other companies fed the buying. The rally was broad, with nine of the 10 sectors of the Standard and Poor's 500 index posting gains.

  • Citigroup and Netflix are big market movers Thursday, 16 Jul 2015 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Philip Morris International Inc., up $2.62 to $85.29. The Sherwin-Williams Co., down $20.93 to $261.23.

  • *Netflix, eBay, Amazon hit record high. *Goldman Sachs, UnitedHealth drag on Dow after results. July 16- Wall Street rose on Thursday, with the Nasdaq up 1 percent near a record high after eBay and Netflix reported strong quarterly results.

  • NEW YORK, July 16- The Greek parliament's approval of a third bailout program for the debt-stricken country boosted world stock markets, with Wall Street also buoyed by robust corporate earnings, while the U.S. dollar rose on expectations of higher interest rates. Strong quarterly reports from U.S. blue chip companies helped U.S. shares, while European markets...

  • The index closed at an all-time high on May 21 but slumped recently, weighed down by concerns about a potential default by Greece and plunging Chinese stocks. But big banks like JPMorgan Chase, Bank of America, and Citigroup all reported gains, and distanced themselves from onerous legal costs tied to the financial crisis. Intel surpassed estimates and Netflix...

  • *Netflix, eBay, Amazon hit record high. *Goldman Sachs, UnitedHealth drag on Dow after results. July 16- Wall Street rose sharply on Thursday, with the Nasdaq touching a three-week high and the S&P 500 less than 1 percent from its record high, as bellwether companies such as Citigroup, eBay and Netflix reported strong results.