European shares were lower in a thin day of trade on Thursday, failing to continue a rally on Wall Street as investors concentrated on events in Ukraine.» Read More
Bank of America Corp. rose$. 23 or 1.5 percent, to $16.00. Citigroup Inc. rose $1.99 or 4.4 percent, to $47.67. Goldman Sachs rose $2.02 or 1.3 percent, to $154.74.
U.S. stocks rose on Monday, with equities rebounding from the S&P 500's worst week since 2012.
Glencore, named as a co-conspirator, also bought a number of Brent cargoes to satisfy a tender to supply refiners in India. STRATEGY: BP Plc was alleged to have bought nearly all the propane in the Mont Belvieu storage fields in advance, then held on to it until the end of the month, when other companies that needed the gas on a northern pipeline would pay up for it.
Bank of America Corp. rose$. 25 or 1.6 percent, to $16.02. Citigroup Inc. rose $1.86 or 4.1 percent, to $47.54. Goldman Sachs rose $2.16 or 1.4 percent, to $154.88.
April 14- Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. The biggest boon to Citigroup's first-quarter results came from Citi Holdings, the unit that houses the assets it's looking to shed.
April 14- TIAA-CREF, a retirement services provider to non-profit organizations such as universities and hospitals, said it would acquire asset manager Nuveen Investments for $6.25 billion, seeking to expand its mutual fund and municipal bond offerings. Lazard Ltd and J.P. Morgan Securities LLC advised TIAA-CREF.
Last week's selloff was not the beginning of the end, says NYSE floor trader Kenny Polcari. Here's why.
Bank of America Corp. rose$. 21 or 1.3 percent, to $15.98. Citigroup Inc. rose $1.58 or 3.5 percent, to $47.26. Goldman Sachs rose $1.67 or 1.1 percent, to $154.39.
The sharp stock market decline last week doesn't look like it will continue this week, Jonathan Golub, chief U.S. market strategist at RBC Capital, told CNBC on Monday.
April 14- Citigroup Inc's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses. Citigroup shares rose 3.8 pct to $47.43 in trading before the bell, clawing back some of the 9 percent loss since the Federal Reserve rejected its capital plans on March 26.
Corporate America’s well-oiled compensation machine is running like a dream.
*WH Group, shareholders seeking $5.3 bln in Hong Kong IPO. HONG KONG, April 14- Two senior executives of China's biggest pork producer WH Group Ltd received a combined $600 million payout for helping the Chinese company seal last year's record $4.9 billion takeover of U.S.-based Smithfield Foods Inc, an unusually high incentive for an acquisition.
Like thunderstorms cooling an overheated landscape, more selling could rumble through the stock market in the coming week.
LONDON, April 14- Gold jumped to a three-week high on Monday as mounting tensions in Ukraine curbed investor appetite for risk, sending equities lower and boosting bullion's appeal as an insurance asset.
When Goldman Sachs filed its proxy earlier this month, it was free of a proposal that has become increasingly popular among governance activists.
WH Group and some of its shareholders launched an up to $5.3 billion initial public offering in Hong Kong last week, the second-biggest ever listing by a food and beverage company. Yang Zhijun, an executive director in charge of investment, merger and acquisitions and financing for WH Group, was issued another 245.6 million ordinary shares.
NEW YORK, April 14- When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.
April 14- Blackstone and Goldman Sachs' investment arm are set to buy Ipreo from KKR in a private equity secondary deal that values the data company at $975 million, the Financial Times reported, citing people familiar with the matter. Ipreo was formed by the merger of i-Deal and Hemscott in 2006, with the backing of Veronis, Merrill Lynch and Citigroup.
After Friday saw a mixed start to the first-quarter earnings season from U.S. financials, tell us which bank is your top pick for the long-term.
NEW YORK, April 13- The wrenching selloff in U.S. high-growth technology and biotech shares could leave investors braced for more than a minor pullback when earnings pick up speed this week.