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Citigroup Inc

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  • LONDON, May 19- Britain's Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe's mobile market is edging towards recovery. That follows updates from the likes of Telefonica and Deutsche Telekom which also showed signs of gradual, if slow, improvement in Europe. Vodafone, which has 446...

  • LONDON, May 19- Britain's Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe's mobile market is edging towards recovery. The full-year results follow updates from the likes of Telefonica and Deutsche Telekom which also showed signs of gradual, if slow, improvement.

  • May 18- Shares of Eleven Biotherapeutics Inc slumped more than 75 percent on Monday after the company said it would not develop its lead drug to treat dry eye disease following a failed late-stage study. The eye drug developer's stock opened at $10.35 in its market debut in February 2014. About 19 million people in the United States suffer from dry eye disease,...

  • Why Netflix is at $600 Monday, 18 May 2015 | 11:06 AM ET
    The Netflix Inc. website displays the 'House of Cards' series.

    Here's the real reason why Netflix is at $600, says Michael Yoshikami.

  • Dollar pushes higher, eyes on inflation data Monday, 18 May 2015 | 4:08 AM ET

    The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.

  • How to protect your career from the next crash Saturday, 16 May 2015 | 10:30 AM ET
    Pedestrians pass in front of a Wall Street sign in New York.

    Economic shock fears? The Wall Street jobs that could survive another blow.

  • LONDON, May 15- British finance minister George Osborne, fresh from his Conservative Party's election victory on May 7, said he would spell out on July 8 how he plans to make further big cuts to public spending and boost the country's growth prospects. That means deep savings will have to be found in welfare spending and public services as they pursue their plan to...

  • Congress should pass an open-Internet law NOW Friday, 15 May 2015 | 3:30 PM ET
    Neon open sign

    Before the presidential race heats up, Congress should pass an open-Internet law, says Jamal Simmons.

  • Why the FTC is wrong about our merger: Sysco CEO Friday, 15 May 2015 | 12:02 PM ET
    Sysco tractor-trailers sit parked outside the company's distribution center in Louisville, Ky.

    Sysco's CEO says the FTC, which is suing to block the company's merger with US Foods, has it all wrong.

  • May 15- A federal judge has thrown out a lawsuit by the city of Los Angeles accusing Bank of America of discriminatory mortgage lending, ruling that the municipality had offered no evidence that it was harmed by the bank. Filed in 2013, the lawsuit accused Bank of America and its Countrywide Home Loans unit of violating that anti-discrimination act by making...

  • LONDON, May 15- Euro zone bond yields fell on Friday, tracking an overnight move in U.S. Treasury yields, but strategists remained cautious about the market's prospects following weeks of violent price swings. Citi's head of rates strategy Alessandro Tentori said Friday's moves alone may not tempt investors back because many use' value-at-Risk' models that...

  • European shares dented by U.S. data, euro bounce Friday, 15 May 2015 | 11:18 AM ET

    *Too early to fight against bull market- Citi. LONDON, May 15- A resurgent euro in the wake of weak U.S. data hit European stocks on Friday, even as bond markets stabilised after a recent rollercoaster sell-off. Shares in oil-and-gas companies Technip and Statoil were down about 3 percent as oil prices fell below $66 per barrel.

  • Roche rallies as European shares resume uptrend Friday, 15 May 2015 | 6:40 AM ET

    *Too early to fight against bull market- Citi. LONDON, May 15- European shares advanced on Friday, as calmer conditions in the bond market buoyed the region's stock markets, with drugs group Roche rallying after positive trial results. Julius Baer also gained 3.3 percent, with traders citing speculation the Swiss bank and financial group could be a target for...

  • *Gold surrenders some ground after three-day rally. LONDON, May 15- Gold edged off three-month highs on Friday as the dollar firmed, but stayed on track for its biggest weekly gain since mid January as a spate of soft economic data dented expectations for an imminent hike in U.S. interest rates. "Gold coming off today may be a bit of profit-taking on the move of the last...

  • Rally in Roche helps to lift European shares Friday, 15 May 2015 | 3:57 AM ET

    *Too early to fight against bull market- Citi. LONDON, May 15- European shares advanced on Friday, as calmer conditions in the bond market buoyed the region's stock markets, while drugs group Roche rallied after positive product results. Syngenta also edged up after industry sources told Reuters that U.S. seeds giant Monsanto was trying to line up buyers for assets...

  • In an unprecedented move, the parent companies or main banking units of JPMorgan Chase& Co, Citigroup Inc, Royal Bank of Scotland Group Plc, Barclays Plc and UBS Group AG are likely to plead guilty to rigging foreign exchange rates to benefit their transactions. The Wall Street Journal reported on Thursday night that the U.S. Justice Department voided a 2012...

  • In an unprecedented move, the parent companies or main banking units of JPMorgan Chase& Co, Citigroup Inc, Royal Bank of Scotland Group Plc, Barclays Plc and UBS Group AG are likely to plead guilty to rigging foreign exchange rates to benefit their transactions. However, the practice has become controversial in the past year, particularly at the SEC, where...

  • *Gold set for biggest weekly gain since Jan. 16. LONDON, May 14- Gold hit a three-month high on Thursday as the dollar came under pressure following a new batch of mixed U.S. data that pushed back expectations of when interest rates in the world's largest economy will rise. "Only a close above the $1,225 area would trigger sustained buying interest," MKS SA head of...

  • *Gold set for biggest weekly gain since Jan. 16. LONDON, May 14- Gold hit a five-week high on Thursday as the dollar remained under pressure following sluggish U.S. data that pushed back expectations of when interest rates in the world's largest economy will rise. "I'm forecasting gold to average $1,200 this quarter, as a slightly weaker dollar will continue to be...

  • 5 banks expected to plead guilty to felony charges Thursday, 14 May 2015 | 5:47 AM ET

    Five of the world's biggest banks will plead guilty to an array of antitrust and fraud charges as soon as next week, the New York Times reports.