C News 51.63 08/26/2014 04:45:14 Citigroup Inc (C)

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Citigroup Inc (C) 51.63 $C

'Fast Money' Recap: Next Stop, S&P 2,100?
at The Street - 45 mins ago
The trading panel looked at banks and the top buy and sell candidates for right now.

Most active New York Stock Exchange-traded stocks
AP - Mon Aug 25, 5:24PM 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 - Mon Aug 25, 5:24PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:

Goldman Closes FHFA's PLS Lawsuit for $3.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 5:23PM CDT
The Goldman Sachs Group, Inc. (GS) finally ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA)

SmarTrend Watching for Potential Pullback in Shares of Citigroup After 1.37% Gain
Comtex SmarTrend(R) - Mon Aug 25, 3:39PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.28 to a high of $51.99. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $51.66 on volume of 17.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Watch for Citigroup to Potentially Pullback After Gaining 1.37% Yesterday
Comtex SmarTrend(R) - Mon Aug 25, 3:38PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.28 to a high of $51.99. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $51.66 on volume of 17.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Berger & Montague, P.C. And Nichols Kaster, PLLP Announce Final Approval Of Nationwide Class Action Settlement With Citibank Making Millions Of Dollars In Force-Placed Insurance Refunds Available To Mortgage Borrowers
PR Newswire - Mon Aug 25, 1:46PM CDT
Judge David Hurd of the United States District Court for the Northern District of New York has granted final approval of a nationwide class action settlement in a pair of consolidated federal cases, Casey v. Citigroup, Inc., No. 12-cv-820 (N.D.N.Y.) and Coonan v. Citibank, N.A., No. 13-cv-353 (N.D.N.Y.), involving force-placed insurance. The law firms appointed to represent the plaintiffs and the classes, Berger & Montague, P.C. and Nichols Kaster, PLLP, are pleased that the court approved all aspects of the settlement, which makes force-placed insurance refunds available to over 400,000 borrowers. Specifically, Citibank and the other defendants have made more than $115 million in refunds and escrow credits available to borrowers whose mortgage loans were serviced by Citibank, and who submit a claim form to receive a refund of the force-placed insurance premiums that were charged to them.

Citi ThankYou(R) Points Transfer Takes off with 11 of the Most Elite Hotel and Airline Loyalty Programs
Business Wire - Mon Aug 25, 11:03AM CDT
From the private beaches of Bali to the hot springs of Santorini, Citi Prestige and Citi ThankYou Premier cardmembers can now transfer an unlimited amount of ThankYou Points to 11 airline and hotel travel loyalty programs. Citi ThankYou Points Transfer (www.thankyou.com/transfer) lets cardmembers fly to thousands of destinations, and enjoy stays at thousands of hotels and resorts worldwide.

Why TheStreet Ratings Team Says Citigroup (C) Stock is a 'Buy'
at The Street - Mon Aug 25, 11:01AM CDT
TheStreet Ratings team rates Citigroup (C) a "buy" with a ratings score of B.

New Citi Wallet Simplifies Online Purchases
Business Wire - Mon Aug 25, 10:19AM CDT
Citi cardmembers now have a quicker and simpler way to make online purchases with the new Citi Wallet. Citi is the first global bank to introduce its own branded digital wallet in the U.S. Citi Wallet makes checkout easy with just a few clicks. By enrolling in Citi Wallet, Citi cardmembers no longer have to enter their credit card, billing and shipping information when making purchases at thousands of merchants.

One Reason Morgan Stanley (MS) Stock Is Higher Today
at The Street - Mon Aug 25, 9:55AM CDT
Morgan Stanley (MS) stock is up as the company is reported to be in settlement talks with the DOJ over an investigation into mortgage backed securities it sold.

Delayed SEC Settlement; Citi Refrained from Hedge-Fund Sales - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 9:50AM CDT
Citigroup Inc. (C) is restricted from selling hedge funds investments and private-equity funds to high worth clients going forward, Wall Street Journal reported.

Early Glance: Banks companies
AP - Mon Aug 25, 9:37AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:

Watch for Shares of Citigroup (C) to Approach Resistance at $52.04
Comtex SmarTrend(R) - Mon Aug 25, 9:00AM CDT
Shares of Citigroup (NYSE:C) opened today above their pivot of $51.11 and have already reached the first level of resistance at $51.48. Investors may be interested in a cross of the next upside pivot targets of $52.04 and $52.97.

Bank Stock Roundup: Restructuring & Settlements Dominate Headlines; BofA, Citi Play Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 8:55AM CDT
Banks ended the last week on a positive note with investors' optimism over restructuring initiatives and resolution of legacy issues.

Roche extends Summer Shopping Spree in InterMune Deal
at The Street - Mon Aug 25, 8:30AM CDT
The $8.3 billion acquisition of the California drug maker will bring a respiratory treatment drug under Swiss buyer's banner.

The Zacks Analyst Blog Highlights: Bank of America, JPMorgan Chase,Citigroup, Wells Fargo and Goldman Sachs Group
PR Newswire - Mon Aug 25, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Bank of America Corporation (NYSE:BAC-Free Report), JPMorgan Chase & Co. (NYSE:JPM-Free Report), Citigroup Inc. (NYSE:C-Free Report), Wells Fargo & Co. (NYSE:WFC-Free Report) and Goldman Sachs Group, Inc. (NYSE:GS-Free Report).

Citigroup declares purchase offer for up to USD700m of its 6.125% notes due 2017
M2 - Mon Aug 25, 3:42AM CDT
A diversified financial services holding company, Citigroup Inc (NYSE:C) commenced its cash purchase offer for up to USD700m aggregate principal amount (the maximum tender cap) of its outstanding 6.125% notes due 2017, it stated on Friday.

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.
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