Citigroup Inc (C) 48.14 $C
Final Glance: Banks companies
AP - Wed Aug 06, 5:01PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Citigroup-SEC $285M Settlement Gets U.S. Judge Approval - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 3:50PM CDT
On Tuesday, U.S. District Judge Jed Rakoff unwillingly approved Citigroup Inc. (C) a U.S. Securities and Exchange Commission (SEC) settlement of $285 million. The decision comes two months after the 2nd U.S. Circuit Court of Appeals in Manhattan rescinded Jed Rakoff's decision to reject the settlement in June.
Midday Glance: Banks companies
AP - Wed Aug 06, 12:23PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
S&P Faces Charges over Mortgage Ratings: 3 Safe Mortgage Funds - Best of Funds
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 12:03PM CDT
The fresh charges against S&P related to its ratings to six commercial mortgage backed securities may deter investor mood. The whole episode could have a large detrimental effect on investments in mortgage bond funds. However, we will pick 3 top rated mortgage funds that are safe investments.
BofA Gets Green Light From Fed For Dividend Hike
at Investor's Business Daily - Wed Aug 06, 10:50AM CDT
Bank of America (BAC) will increase its dividend for the first time in seven years after getting approval from federal regulators. BofA shares rose in heavy volume after the Federal Reserve said Wednesday it had accepted a revised capital plan filed...
Early Glance: Banks companies
AP - Wed Aug 06, 9:32AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Florida, Nevada Can't Win for Losing on Mortgage Crisis
at The Street - Wed Aug 06, 6:00AM CDT
Aggressive enforcement by Democratic attorneys general led to big payouts for five states in recent multibillion dollar settlements with JPMorgan and Citigroup.
NY judge warily lets $285M Citigroup deal proceed
By LARRY NEUMEISTER - AP - Tue Aug 05, 6:28PM CDT
NEW YORK (AP) — A Manhattan judge begrudgingly approved a long-delayed $285 million settlement between Citigroup Inc. and government regulators Tuesday over toxic mortgage securities, but not without a parting shot at the appeals court that forced his hand.
ClearBridge Value: Making It A Top Mutual Fund Again
at Investor's Business Daily - Tue Aug 05, 5:30PM CDT
How do you follow a legend? That's been one of the challenges for Sam Peters, who has been lead manager of $2.7 billion ClearBridge Value since taking the baton from Bill Miller about two years ago. Miller -- who still runs $2.1 billion Legg Mason...
US regulators: Banks' failure plans inadequate
AP - Tue Aug 05, 5:19PM CDT
WASHINGTON (AP) — Federal regulators have told the biggest banks in the U.S. that their plans for unwinding their operations in case of failure are inadequate to prevent the sort of financial disaster that struck in 2008 and led to a massive government bailout.
How Will Citigroup (C) Stock Be Affected By SEC Settlement?
at The Street - Tue Aug 05, 2:13PM CDT
A U.S. district judge reluctantly approved a $285 million fraud settlement between the bank and the SEC, after an appeals court voided his decision to reject it as inadequate.
Citi to Source $2.5 Billion to "Power Africa"
Business Wire - Tue Aug 05, 1:50PM CDT
Citi has pledged to source $2.5 billion in incremental capital to improve access to electricity for millions of people across Africa as part of the "Power Africa" initiative.
Gannett Latest To Hive Off Publishing Business
at The Street - Tue Aug 05, 11:23AM CDT
Owner of USA Today will spin newspaper unit, buy out 73% stake in parent of Cars.com for $1.8 billion.
Citi to Vend Commitment in Metalmark to Lexington Partners - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 6:20PM CDT
Bound by regulatory pressure, on Friday, Citigroup Inc. (C) announced that it inked a deal with an investment firm -- Lexington Partners to vend 80% of its limited partnership interest worth $1.5 billion in Metalmark Capital Partners II (MCP II).
Ashland Closes Water Unit Sale to Clayton, Dubilier & Rice - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 5:10PM CDT
Ashland Inc. (ASH) has wrapped up the sale of its Water Technologies unit for around $1.8 billion.
Citigroup Curbs Russia Exposure, at Risk on Argentina Default - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 1:08PM CDT
In its latest regulatory filing, Citigroup Inc. (C) revealed that it has reduced the company's exposure in Russia by a further 5.3% to $8.9 billion as of Jun 30, 2014.
Bank Stock Roundup: Settlement, Restructuring Continues - Citigroup, BofA and JPMorgan in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 12:35PM CDT
Efforts of major banks to conclude litigation issues pertaining to their past business conduct remained the key trend in the last five trading days. Litigation issues dominated the headlines.
Final Glance: Banks companies
AP - Wed Aug 06, 5:01PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Citigroup-SEC $285M Settlement Gets U.S. Judge Approval - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 3:50PM CDT
On Tuesday, U.S. District Judge Jed Rakoff unwillingly approved Citigroup Inc. (C) a U.S. Securities and Exchange Commission (SEC) settlement of $285 million. The decision comes two months after the 2nd U.S. Circuit Court of Appeals in Manhattan rescinded Jed Rakoff's decision to reject the settlement in June.
Midday Glance: Banks companies
AP - Wed Aug 06, 12:23PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
S&P Faces Charges over Mortgage Ratings: 3 Safe Mortgage Funds - Best of Funds
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 12:03PM CDT
The fresh charges against S&P related to its ratings to six commercial mortgage backed securities may deter investor mood. The whole episode could have a large detrimental effect on investments in mortgage bond funds. However, we will pick 3 top rated mortgage funds that are safe investments.
BofA Gets Green Light From Fed For Dividend Hike
at Investor's Business Daily - Wed Aug 06, 10:50AM CDT
Bank of America (BAC) will increase its dividend for the first time in seven years after getting approval from federal regulators. BofA shares rose in heavy volume after the Federal Reserve said Wednesday it had accepted a revised capital plan filed...
Early Glance: Banks companies
AP - Wed Aug 06, 9:32AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Florida, Nevada Can't Win for Losing on Mortgage Crisis
at The Street - Wed Aug 06, 6:00AM CDT
Aggressive enforcement by Democratic attorneys general led to big payouts for five states in recent multibillion dollar settlements with JPMorgan and Citigroup.
NY judge warily lets $285M Citigroup deal proceed
By LARRY NEUMEISTER - AP - Tue Aug 05, 6:28PM CDT
NEW YORK (AP) — A Manhattan judge begrudgingly approved a long-delayed $285 million settlement between Citigroup Inc. and government regulators Tuesday over toxic mortgage securities, but not without a parting shot at the appeals court that forced his hand.
ClearBridge Value: Making It A Top Mutual Fund Again
at Investor's Business Daily - Tue Aug 05, 5:30PM CDT
How do you follow a legend? That's been one of the challenges for Sam Peters, who has been lead manager of $2.7 billion ClearBridge Value since taking the baton from Bill Miller about two years ago. Miller -- who still runs $2.1 billion Legg Mason...
US regulators: Banks' failure plans inadequate
AP - Tue Aug 05, 5:19PM CDT
WASHINGTON (AP) — Federal regulators have told the biggest banks in the U.S. that their plans for unwinding their operations in case of failure are inadequate to prevent the sort of financial disaster that struck in 2008 and led to a massive government bailout.
How Will Citigroup (C) Stock Be Affected By SEC Settlement?
at The Street - Tue Aug 05, 2:13PM CDT
A U.S. district judge reluctantly approved a $285 million fraud settlement between the bank and the SEC, after an appeals court voided his decision to reject it as inadequate.
Citi to Source $2.5 Billion to "Power Africa"
Business Wire - Tue Aug 05, 1:50PM CDT
Citi has pledged to source $2.5 billion in incremental capital to improve access to electricity for millions of people across Africa as part of the "Power Africa" initiative.
Gannett Latest To Hive Off Publishing Business
at The Street - Tue Aug 05, 11:23AM CDT
Owner of USA Today will spin newspaper unit, buy out 73% stake in parent of Cars.com for $1.8 billion.
Citi to Vend Commitment in Metalmark to Lexington Partners - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 6:20PM CDT
Bound by regulatory pressure, on Friday, Citigroup Inc. (C) announced that it inked a deal with an investment firm -- Lexington Partners to vend 80% of its limited partnership interest worth $1.5 billion in Metalmark Capital Partners II (MCP II).
Ashland Closes Water Unit Sale to Clayton, Dubilier & Rice - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 5:10PM CDT
Ashland Inc. (ASH) has wrapped up the sale of its Water Technologies unit for around $1.8 billion.
Citigroup Curbs Russia Exposure, at Risk on Argentina Default - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 1:08PM CDT
In its latest regulatory filing, Citigroup Inc. (C) revealed that it has reduced the company's exposure in Russia by a further 5.3% to $8.9 billion as of Jun 30, 2014.
Bank Stock Roundup: Settlement, Restructuring Continues - Citigroup, BofA and JPMorgan in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 12:35PM CDT
Efforts of major banks to conclude litigation issues pertaining to their past business conduct remained the key trend in the last five trading days. Litigation issues dominated the headlines.
