C News 48.63 06/06/2014 04:32:12 Citigroup Inc (C)

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'Fast Money' Recap: Going With the Market's Flow
at The Street - 31 mins ago
The trading panel discussed Friday's jobs report, the European Central Bank and where to find quality stocks.

Final Glance: Banks companies
AP - Thu Jun 05, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:

Citigroup Set to Possibly Pullback After Yesterday's Rally of 1.57%
Comtex SmarTrend(R) - Thu Jun 05, 3:45PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $47.89 to a high of $48.80. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $48.26 on volume of 17.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Look for Shares of Citigroup to Potentially Pullback after Yesterday's 1.57% Rise
Comtex SmarTrend(R) - Thu Jun 05, 3:45PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $47.89 to a high of $48.80. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $48.26 on volume of 17.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Court revives SEC-Citi accord
at Investor's Business Daily - Thu Jun 05, 12:52PM CDT
An appeals court reversed U.S. District Judge Jed Rakoff's '11 ruling that rejected a $285 mil settlement agreed to by Citigroup (C) with the Securities and Exchange Commission. The court affirmed the SEC's authority to set the terms of settlements,...

Midday Glance: Banks companies
AP - Thu Jun 05, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:

Balanced View on Citigroup - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 05, 10:10AM CDT
On May 30, 2014, we issued an updated research report on Citigroup Inc. (C)

Appeals Court Reverses Decision on Citi-SEC Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 05, 9:50AM CDT
On Wednesday, the 2nd U.S. Circuit Court of Appeals in Manhattan rescinded the decision of U.S. District Judge Jed Rakoff related to Citigroup Inc. (C) - U.S. Securities and Exchange Commission (SEC) settlement of $285 million.

Early Glance: Banks companies
AP - Thu Jun 05, 9:31AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:

ING Fires Starting Gun on European Insurance IPO
at The Street - Thu Jun 05, 8:50AM CDT
CEO Hamers says the listing, the last major component of an EC-mandated restructuring, may take place as early as next month.

How Will This Coverage Initiation Affect Endocyte (ECYT) Stock Today?
at The Street - Thu Jun 05, 8:48AM CDT
Endocyte (ECYT) had coverage initiated at 'neutral' by analysts at Citigroup (C) on Thursday.

IEG Holding Corporation's Mr. Amazing Loans Cyber Model Bridges Gap Between Traditional and P2P Lenders
ACCESSWIRE - Thu Jun 05, 7:01AM CDT
Whitefish, MT / June 05, 2014 / With the economy continuing its slow rebound, unemployment holding steady and consumer confidence on the rise, the financial lending market has seen significant surges in activity recently. This growth is facilitated in particular by the demand for access to loans online, particularly as consumers' comfort level with virtual enterprises matures. Online pioneers who have established lending platforms, both direct and peer-to-peer, are increasingly able to satisfy a full range of personal loan needs, and this activity has drawn the attention of investors looking for greater opportunity outside of the traditional banking sector. These investors are eagerly eyeing the activities of peer-to-peer giants Lending Club and Prosper, as well as the growing direct lender successes of OneMain Financial (NYSE: C), Springleaf (NYSE: LEAF), and IEG Holdings Corporation (OTC Pink: IEGH).


Court limits judge's say over $285M Citigroup deal
By LARRY NEUMEISTER - AP - Wed Jun 04, 2:41PM CDT
NEW YORK (AP) — A judge overstepped his authority when he blocked a $285 million settlement between Citigroup Inc. and government regulators over toxic mortgage securities, a federal appeals court panel said Wednesday.

Why Under Armour (UA) Stock Is Surging Today
at The Street - Wed Jun 04, 1:23PM CDT
Shares of Under Armour (UA) are higher after receiving two positive research notes today..

How Will Citigroup (C) Stock React To Court Ruling Today?
at The Street - Wed Jun 04, 10:31AM CDT
Citigroup (C) won a legal victory in the New York federal appeals court when a panel ruled against a judge who had previously thrown out a $285 million settlement the company agreed to with the SEC.

Moody's Lowers Citigroup's Banamex Ratings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 04, 9:50AM CDT
On Tuesday, Moody's Investors Service, the ratings arm of Moody's Corp. (MCO) reduced Banco Nacional de Mexico's (Banamex) debt and deposit ratings, while it placed C - standalone bank financial strength rating (BFSR) on review for downgrade. Notably, Banamex is the Mexican unit of Citigroup Inc. (C).

Bank of America Corp and Citigroup: Why Investors Should Be Optimistic
Patrick Morris, The Motley Fool - Motley Fool - Wed Jun 04, 9:23AM CDT
If you think the banking industry will never recover from turmoil that entangled it following the financial crisis, recent evidence reveals it's time to think again. The troubling market Many have wondered if the banks will ever be able to truly...

Bank Stocks Have Staged a Nice Rebound, but Don't Expect It to Last
at The Street - Wed Jun 04, 8:47AM CDT
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo are among the 24 members of the KBW Banking Index, which has seen a rebound since May 6. Here's why it's likely to be short-lived.

Will Whole Foods Market (WFM) Stock Be Hurt By This Price Target Reduction?
at The Street - Wed Jun 04, 8:16AM CDT
Whole Foods Market (WFM) price target was lowered to $41 by analysts at Citigroup (C).
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