Citigroup Inc (C) 50.93 $C
Goldman in deal worth $1.2B over US bond claims
By MARCY GORDON - AP - Fri Aug 22, 10:34PM CDT
WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Most active New York Stock Exchange-traded stocks
AP - Fri Aug 22, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Banks companies
AP - Fri Aug 22, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Deutsche Bank Vends NatGas Trading Books to Morgan Stanley - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 4:15PM CDT
Deutsche Bank (DB) has sold its natural gas-trading books in North America to Morgan Stanley (MS).
BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Midday Glance: Banks companies
AP - Fri Aug 22, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Citigroup Inc. Announces Offer to Purchase up to U.S. $700 Million of Its Outstanding 6.125% Notes Due 2017
Business Wire - Fri Aug 22, 10:15AM CDT
Citigroup Inc. ("Citigroup"
today announced the commencement of its offer to purchase for cash up to U.S. $700 million aggregate principal amount (the "Maximum Tender Cap" of its outstanding 6.125% Notes due 2017 (the "Notes" . The offer to purchase the Notes is referred to as the "Offer." The Notes had an aggregate principal amount outstanding of U.S. $3,865,935,000 as of August 21, 2014.
Stock Market News for August 22, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 9:10AM CDT
Positive economic reports propelled benchmarks to record highs on Thursday
Tracking the Bank Settlements: A Nonprofit Backed by Banks
at The Street - Fri Aug 22, 8:38AM CDT
Enterprise Community Partners' report calls a $13 billion JPMorgan settlement 'reasonable' for consumers, but the report doesn't disclose that Enterprise receives substantial backing from the bank.
Why Citigroup (C) Stock Is Lower Today
at The Street - Fri Aug 22, 6:48AM CDT
The bank has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private equity funds to clients after a deal with SEC.
'Fast Money' Recap: Banking on Financial Stocks
at The Street - Fri Aug 22, 4:00AM CDT
The trading panel discussed banks, Home Depot's new CEO and whether to invest in semiconductor companies.
Banks Offer 20-25% Pay Hike to Retain Junior Bankers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 6:10PM CDT
In order to prevent defections and retain talent, Wall Street biggies are planning to hike the salary for their junior staff in the range of 20-25%.
Citigroup Set to Possibly Pullback After Yesterday's Rally of 2.55%
Comtex SmarTrend(R) - Thu Aug 21, 3:39PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $49.80 to a high of $51.22. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $50.25 on volume of 24.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Bank of America agrees to nearly $17B settlement
By PETE YOST and MARCY GORDON - AP - Thu Aug 21, 11:47AM CDT
WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.
Bank of America, DOJ Reach $16.65 Billion Settlement
at Investor's Business Daily - Thu Aug 21, 11:12AM CDT
Bank of America (BAC) and the Department of Justice announced a $16.65 billion settlement to resolve federal and state mortgage-backed securities fraud claims, the largest such deal on record and likely the last mortgage settlement against a big U.S....
Citigroup (C) Breaks Through Resistance at $49.99
Comtex SmarTrend(R) - Thu Aug 21, 10:14AM CDT
Shares of Citigroup (NYSE:C) have bullishly opened above the pivot of $49.73 today and have reached the first resistance level of $49.99. Should the shares continue to rise, the resistance pivots of $50.19 and $50.65 will be of interest.
Goldman in deal worth $1.2B over US bond claims
By MARCY GORDON - AP - Fri Aug 22, 10:34PM CDT
WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Most active New York Stock Exchange-traded stocks
AP - Fri Aug 22, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Banks companies
AP - Fri Aug 22, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Deutsche Bank Vends NatGas Trading Books to Morgan Stanley - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 4:15PM CDT
Deutsche Bank (DB) has sold its natural gas-trading books in North America to Morgan Stanley (MS).
BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Midday Glance: Banks companies
AP - Fri Aug 22, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Citigroup Inc. Announces Offer to Purchase up to U.S. $700 Million of Its Outstanding 6.125% Notes Due 2017
Business Wire - Fri Aug 22, 10:15AM CDT
Citigroup Inc. ("Citigroup"
today announced the commencement of its offer to purchase for cash up to U.S. $700 million aggregate principal amount (the "Maximum Tender Cap" of its outstanding 6.125% Notes due 2017 (the "Notes" . The offer to purchase the Notes is referred to as the "Offer." The Notes had an aggregate principal amount outstanding of U.S. $3,865,935,000 as of August 21, 2014. Stock Market News for August 22, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 9:10AM CDT
Positive economic reports propelled benchmarks to record highs on Thursday
Tracking the Bank Settlements: A Nonprofit Backed by Banks
at The Street - Fri Aug 22, 8:38AM CDT
Enterprise Community Partners' report calls a $13 billion JPMorgan settlement 'reasonable' for consumers, but the report doesn't disclose that Enterprise receives substantial backing from the bank.
Why Citigroup (C) Stock Is Lower Today
at The Street - Fri Aug 22, 6:48AM CDT
The bank has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private equity funds to clients after a deal with SEC.
'Fast Money' Recap: Banking on Financial Stocks
at The Street - Fri Aug 22, 4:00AM CDT
The trading panel discussed banks, Home Depot's new CEO and whether to invest in semiconductor companies.
Banks Offer 20-25% Pay Hike to Retain Junior Bankers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 21, 6:10PM CDT
In order to prevent defections and retain talent, Wall Street biggies are planning to hike the salary for their junior staff in the range of 20-25%.
Citigroup Set to Possibly Pullback After Yesterday's Rally of 2.55%
Comtex SmarTrend(R) - Thu Aug 21, 3:39PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $49.80 to a high of $51.22. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $50.25 on volume of 24.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Bank of America agrees to nearly $17B settlement
By PETE YOST and MARCY GORDON - AP - Thu Aug 21, 11:47AM CDT
WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.
Bank of America, DOJ Reach $16.65 Billion Settlement
at Investor's Business Daily - Thu Aug 21, 11:12AM CDT
Bank of America (BAC) and the Department of Justice announced a $16.65 billion settlement to resolve federal and state mortgage-backed securities fraud claims, the largest such deal on record and likely the last mortgage settlement against a big U.S....
Citigroup (C) Breaks Through Resistance at $49.99
Comtex SmarTrend(R) - Thu Aug 21, 10:14AM CDT
Shares of Citigroup (NYSE:C) have bullishly opened above the pivot of $49.73 today and have reached the first resistance level of $49.99. Should the shares continue to rise, the resistance pivots of $50.19 and $50.65 will be of interest.
