Citigroup Inc. (C.WS.A) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
Citigroup Inc. stock price
Citigroup Inc. latest news:
CitiFinancial pays $907,000 for repossessing U.S. military servicemembers’ vehicles
WASHINGTON, Sept 18 (Reuters) - CitiFinancial Credit Co, a
unit of Citigroup Inc, has agreed to pay $907,000 to
resolve allegations that it illegally repossessed 164 cars owned
by U.S. military servicemembers without first obtaining the
required court orders, the U.S. Justice Department said on
First Data shares slip as large shareholder to unload stock in secondary offering
First Data Corp. shares slipped in the extended session Monday after the payment-processing firm announced a large shareholder plans to sell shares in a secondary offering. First Data shares fell 2.9% to $18.31 after hours. The company said New Omaha Holdings LP plans to sell 85 million shares in deal that includes Bank of America Merrill Lynch, Citigroup and KKR as bookrunners. First Data will receive no proceeds from the sale. First Data has about 923 million shares outstanding. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
UPDATE 1-Citigroup fills treasurer vacancy with CIO Verdeschi
NEW YORK, Sept 7 (Reuters) - Citigroup Inc has
promoted Chief Investment Officer Mike Verdeschi to the vacant
post of treasurer, according to a memo on Thursday from Chief
Financial Officer John Gerspach.
Citigroup taps Goldman activist defense banker for global role
NEW YORK (Reuters) - Citigroup named Muir Paterson to head the bank's global team of bankers advising companies on activist shareholders, the bank announced on Monday.
Exclusive: Citigroup tops eight-bank group for Petrobras unit IPO - source
SAO PAULO (Reuters) - Citigroup Inc and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person with direct knowledge of the plan said on Thursday.
Citi stock to double in 4-5 years, says Mike Mayo
(Reuters) - Citigroup Inc's stock price is likely to double in the next four to five years, banking analyst Mike Mayo wrote in his first note after joining Wells Fargo Securities.
Citigroup hosts investors for first time since the financial crisis
NEW YORK (Reuters) - For the first time since receiving three government bailouts during the 2007-2009 financial crisis, Citigroup Inc on Tuesday is holding a day-long conference for investors, marking another step in the recovery of what was once the biggest U.S. bank.
Citi, Paypal will expand cardmember benefits
Citigroup Inc. [s:c] and Paypal Holdings Inc. said Thursday they would enable some Citi cardmembers to use ThankYou Points to pay for some or all of their purchase when shopping online with merchants that accept PayPal. There are 14 million ThankYou Rewards members in the U.S., according to Citi, and the agreement will allow this access to millions of merchants, the two companies said. On Thursday, the Wall Street Journal reported PayPal was also set to announce it would soon be easier for card customers of J.P.Morgan Chase Inc. to pay for in-store purchases with PayPal. Paypal was nearly 1% higher in morning trading, and has returned 49.2% for the year to date, while Citi was flat for the day. The bank has returned 12.3% for the year to date, compared to 10.5% for the S&P 500 and 9.5% for the Dow Jones Industrial Average.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Citigroup Said to Open Frankfurt Hub as Banks Consider Post-’Brexit’ Moves
The American bank is the latest financial company to announce plans to open a European Union outpost in preparation for a future after Britain leaves the bloc.
BRIEF-Citigroup Inc says credit card charge-offs 2.40 pct in June vs 2.94 pct in May - SEC filing
* Citigroup Inc - credit card charge-offs 2.40 percent in
June versus 2.94 percent in May - SEC filing
London forex traders plead not guilty to U.S. rigging charges
Three former London-based traders pleaded not guilty on Monday to U.S. charges they conspired to rig prices in the roughly $5 trillion foreign exchange market. Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc (BCS), Citigroup Inc (C) and JPMorgan Chase & Co (JPM), respectively, entered their pleas through their lawyers before U.S. District Judge Richard Berman in Manhattan.
Why Bank ETFs Fell on Friday Despite Decent Earnings?
Financial stocks suffered sell offs on Friday despite upbeat earnings Bellwethers like JPMorgan JPM and Citigroup C breezed past the Zacks Consensus Estimate for earnings Wells Fargo WFC missed revenue estimates but beat on earnings read De Stress Your Portfolio by Betting on Bank
Citigroup profit falls 3 percent, hurt by credit costs
Citigroup profit falls 3 percent as bank sets aside more money to cover souring loans
U.S. stocks close higher, several indexes end at records, led by tech gains
U.S. stocks closed higher on Friday, with several indexes posting all-time records, led by large gains in the tech sector. This was despite a mixed batch of second-quarter earnings from three major banks weighing on equities. The Dow Jones Industrial Average was up 0.4%, a record high. The Nasdaq Composite Index was up 0.6%, its second highest reading ever. The S&P 500 was up 0.5%, notching a fresh all-time high since June 19. Technology stocks posted large gains, with Apple up 0.9% and Nvidia Corp up 2.7%. On the other hand, banks were the big losers, with J.P. Morgan slipping 0.8% after reporting a sharp fall in trading revenue. J.P. Morgan Chase & Co. , Citigroup Inc. , and Wells Fargo & Co. all posted results on Friday, with the three nonetheless topping expectations. For the week, the Dow was up 1% while the S&P was up 1.4% and the Nasdaq was up 2.6%. Weak retail sales and inflation numbers also raised the prospect of dovish policy from the Fed, which is bullish for stocks.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
US stocks edge higher in midday trading; crude oil gains
U.S. stocks edged higher in early trading Friday as investors sized up quarterly results from JPMorgan Chase, Citigroup and other big banks.
JPMorgan and Citigroup Report Slow Trading in Otherwise Strong Results
With market volatility muted, two of the nation’s biggest banks cite growth in loans.
U.S. stocks open flat on bank weakness, on track for week of solid gains
U.S. stocks opened flat on Friday as investors digested a mixed batch of quarterly earnings out of a trio of major banks. The Dow Jones Industrial Average fell 14 points, or 0.1%, to 21,536. The S&P 500 was up by less than 1 point to 2,448. The Nasdaq Composite Index was up 13 points, or 0.2%, to 6,286. J.P. Morgan Chase & Co. , Citigroup Inc. , and Wells Fargo & Co. all posted results on Friday, with the three topping expectations, although Citigroup's results also indicated a slowdown in trading revenue. Shares of J.P. Morgan fell 2.6% while Citigroup lost 1.6% and Wells shed 2.4%. The Financial Select Sector SPDR ETF was down 1.5%. For the week, the Dow is up 0.6% while the S&P is up 1% and the Nasdaq is up about 2.2%. In the latest economic data, the consumer price index was unchanged in June, while retail sales fell 0.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Brazil watchdog unit backs Itaú's Citibank Brasil deal under conditions
SAO PAULO, July 12 (Reuters) - A unit of Brazil's antitrust
watchdog Cade backs Itaú Unibanco Holding SA's planned purchase
of Citigroup Inc's retail banking assets in the country,
tied to a series of self-imposed limits aimed at preserving
Financial stocks rise as upbeat jobs data helps support Treasury yield gains
Financial stocks were broadly higher Friday, as a rise in Treasury yields following data showing the economy added more jobs than expected provided a boost. The SPDR Financial Select Sector ETF rose 0.5% in premarket trade. Among some of ETF's more heavily weighted components, shares of Bank of America Corp. climbed 0.9%, J.P. Morgan Chase & Co. gained 0.9%, Goldman Sachs Group Inc. tacked on 0.7%, Citigroup Inc. advanced 0.8% and Wells Fargo & Co. added 0.4%. The yield on the 10-year Treasury note rose 1 basis point to 2.380% toward a two-month high, after data showing nonfarm payrolls increased by 222,000 in June, beating expectations of a 180,000 increase. A rise in longer-term yields can help boost banks' profits by increasing the spread they earn between longer-term assets, such as loans, and shorter-term liabilities. The financial ETF has gained 7.0% year to date through Thursday, while the S&P 500 has advanced 7.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. stocks end sharply lower as tech shares sell off again
U.S. stocks fell sharply on Thursday, with both the Dow and the S&P 500 suffering their biggest one-day decline since May as the technology sector resumed its downward trend, overshadowing positive news in the financial sector. The Dow Jones Industrial Average ended down 156 points, or 0.7%, to 21,247. The S&P 500 lost 20 points to close at 2,419, a decline of 0.8%. The Nasdaq Composite Index sank 1.7%, or 100 points, to 5,663.75. Thursday marked the third straight session where the Nasdaq moved 1% in either direction, volatility that is almost entirely due to the tech sector , to which the Nasdaq is heavily weighted, and which ended 1.8% lower on Thursday. Among the biggest tech decliners of the day, Apple Inc. fell 1.5% while Facebook Inc. was off 1.4% and Microsoft Corp. shed 1.9%. On the upside, financial shares rose 0.7% after the 34 biggest U.S. banks passed the Federal Reserve's stress test and received a green light for plans to return capital to shareholders. Citigroup Inc. gained 2.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. CFTC, former Citigroup Global Markets traders reach deal -statement
U.S. Commodity Futures Trading Commission on Thursday said it had reached a agreement not to prosecute three former Citigroup Global Markets Inc traders, the regulatory agency said in a statement.
Blue Apron shares open at $10, in line with issue price
Shares of Blue Apron Holdings Inc. opened at $10 Thursday, in line with the company's $10 issue price, in the company's debut on the New York Stock Exchange. The company sold 30 million shares to raise $300 million. With the $10 issue price and opening price, Blue Apron saw a market capitalization of $1.9 billion, below its $2 billion private valuation. Blue Apron had lowered its price range Wednesday to $10 to $11 from its previously expected range of $15 to $17. Goldman Sachs & Co., Morgan Stanley, Citigroup and Barclays are the lead underwriters on the offering.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Blue Apron prices IPO on low end, at $10 a share
Blue Apron priced its initial public offering at $10 a share late Wednesday, on the low end of its estimate, valuing the meal-kit delivery company at $1.9 billion, Dow Jones Newswires reported. Earlier Wednesday, the New York company revised its projected price range from $15 to $17 a share to $10 to $11 a share. It has been approved to list on the New York Stock Exchange under the symbol "APRN." The company will offer Class A shares of common stock with voting rights. Goldman Sachs & Co., Morgan Stanley, Citigroup and Barclays are the lead underwriters on the offering.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Citizens Financial GroupCFG
City National CorporationCYN