C News 50.18 07/24/2014 04:48:04 Citigroup Inc (C)

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Testimony ends in trial over $2B Clippers sale
AP - Wed Jul 23, 8:15PM CDT
LOS ANGELES (AP) — Testimony ended Wednesday in the trial to determine whether Donald Sterling's estranged wife can sell the Los Angeles Clippers in a proposed $2 billion deal with former Microsoft CEO Steve Ballmer.

Final Glance: Banks companies
AP - Wed Jul 23, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:

Look for Shares of Citigroup to Potentially Pullback after Yesterday's 1.17% Rise
Comtex SmarTrend(R) - Wed Jul 23, 3:43PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $49.36 to a high of $50.59. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $49.83 on volume of 20.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Citigroup Set to Possibly Pullback After Yesterday's Rally of 1.17%
Comtex SmarTrend(R) - Wed Jul 23, 3:43PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $49.36 to a high of $50.59. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $49.83 on volume of 20.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Why Puma Biotechnology (PBYI) Stock Is SpikingToday?
at The Street - Wed Jul 23, 1:38PM CDT
Puma Biotechnology (PBYI) shares more than tripled after the company released top-line results from the Phase 3 trial of its breast cancer treatment neratinib.

Wells Fargo Slashes 468 Jobs, Cost Containment on Track - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 23, 12:26PM CDT
Wells Fargo announced another round of work-force trimming last week, this time in the mortgage servicing segment of its Homewood facility located in the Birmingham area.

Most active New York Stock Exchange-traded stocks
AP - Wed Jul 23, 12:25PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:

Midday Glance: Banks companies
AP - Wed Jul 23, 12:25PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:

Why Citigroup (C) Stock Remains A 'Buy' At TheStreet
at The Street - Wed Jul 23, 9:47AM CDT
Citigroup (C) stock is reiterated with a 'buy' rating by TheStreet Ratings team.

Early Glance: Banks companies
AP - Wed Jul 23, 9:32AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:


CEO: Clippers coach to quit if Sterling stays
By LINDA DEUTSCH - AP - Tue Jul 22, 10:14PM CDT
LOS ANGELES (AP) — The interim CEO of the Los Angeles Clippers testified Tuesday that coach Doc Rivers told him he will quit if Donald Sterling remains the owner of the team.

Banking Earnings Beats Fail to Boost Financial ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 22, 11:02AM CDT
Strong earnings have not been enough to boost these financial ETFs, but a surge may just be around the corner.

Nedgroup Investments Picks Citi to Support New UCITS Fund
Business Wire - Tue Jul 22, 10:00AM CDT
Citi has been awarded a new mandate by Nedgroup Investments, the collective investment scheme manager with $2bn of assets under management, to provide a full range of investor services for the Nedgroup Investments Funds Plc. - which recently became an authorized Irish-domiciled UCITS fund.

Citigroup's Hidden Surprise
Patrick Morris, The Motley Fool - Motley Fool - Tue Jul 22, 9:00AM CDT
After comparing one important bit of the balance sheet at Citigroup  to peers like Bank of America  and  Wells Fargo , I was ready to once again write it off. But a dive beneath the surface reveals that looks can be deceiving.  Diving into...

Why Amazon.com (AMZN) Stock Is Lower Today
at The Street - Tue Jul 22, 7:25AM CDT
Amazon.com (AMZN) stock is down in pre-market trading following a ratings downgrade to 'neutral' from 'buy' at Citigroup (C).

Napier Park Global Capital Announces the Completion of Citi's $2.4 Billion Redemption; Client AUM at Approximately $6 Billion
Business Wire - Tue Jul 22, 7:01AM CDT
--Napier Park Has Successfully Replaced Citi's LP Investment Through Both Existing and New Institutional Investors
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