C News 51.83 09/11/2014 04:38:53 Citigroup Inc (C)

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Citigroup Inc (C) 51.83 $C

Final Glance: Banks companies
AP - Wed Sep 10, 5:16PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:

Citi to Invest $1.5B in Mexico, Enhances Growth Potential - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 10, 4:35PM CDT
With the aim of improving operations in its Mexico-based subsidiary Banamex, Citigroup Inc.'s (C) Chief Executive Officer Michael Corbat announced the investment of 20 billion pesos ($1.5 billion) in the unit's technology, data centers and physical infrastructure over the next four years.

Why Apple Pay Is So Important to Apple's Future
at The Street - Wed Sep 10, 3:10PM CDT
As Apple continues to expand beyond just iDevices, the massive profit and potential behind Apple Pay is one of the keys to the tech giant's revenue growth in the future.

Will Apple Pay Brighten Outlook for Credit Card Processors? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 10, 1:25PM CDT
Apple Pay has the potential to decide the future of the digital payments market, although hurdles lay in the near term.

Midday Glance: Banks companies
AP - Wed Sep 10, 12:21PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:

Global Biometrics Smart Wallets and Technology Quickly Mature as New Devices are Introduced to Eliminate the Need for Credit Cards While Addressing Cybertheft Concerns
PR Newswire - Wed Sep 10, 12:10PM CDT
Smart wallet, credit-card & online payment industries apply newest biometrics technology to compete with easy-to-use identification technologies designed to eliminate the need to carry credit cards. Companies currently leading the market with latest innovations are: NXT-ID, Inc. (OTCBB: NXTD), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Citigroup Inc. (NYSE: C) and Mastercard Inc. (NYSE: MA).

3 Stocks Driving The Financial Sector Higher
at The Street - Wed Sep 10, 12:04PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.

No Escape for U.S. Banks: New Regulations in the Cards - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 10, 11:03AM CDT
Adding to the already intense regulations in the banking sector, the Federal Reserve intends to impose new stricter norms on the U.S. banking giants.

Why Citigroup (C) Stock Is Up Today
at The Street - Wed Sep 10, 10:35AM CDT
Citigroup (C) is gaining Wednesday after announcing a plan to purchase two series of outstanding notes.

Big Bank Stocks Just Aren't Worth the Headache
at The Street - Wed Sep 10, 9:55AM CDT
Regulators continue to tighten the screws on big banks like Bank of America, JPMorgan Chase and Goldman Sachs, and investors just aren't getting paid to take the risk.

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

Citi's Financial Institutions Insights Application Honored as Gold Winner in the 6th Annual 2014 Golden Bridge Awards
Business Wire - Wed Sep 10, 9:18AM CDT
Citi Latin America has earned the prestigious Gold status in the Golden Bridge Awards category of Business Intelligence Innovation in Information Technology and Security for its Citi Financial Institutions Insights application.

The 5 Least Efficient Bank Stocks
John Maxfield, The Motley Fool - Motley Fool - Wed Sep 10, 8:04AM CDT
There are an endless number of metrics one can use to pick a bank stock. But none is more important than the efficiency ratio . Calculated by dividing operating expenses by net revenue, this ratio tells you how much it costs to produce each dollar...

Stock Market Today: Futures Waver Amid Global Uncertainties
at The Street - Wed Sep 10, 7:12AM CDT
U.S. stock index futures are struggling for direction as the market ascertains whether it should buy into the prior session's weakness.

Citigroup Inc. Announces Offers to Purchase Two Series of Outstanding Notes
Business Wire - Tue Sep 09, 8:33PM CDT
Citigroup Inc. ("Citigroup" today announced the commencement of offers to purchase for cash certain of its notes of the series set forth in the table below up to an aggregate principal amount with respect to each series of notes (each, a "Maximum Series Tender Cap" The offer to purchase each series of Notes is referred to as an "Offer" and all such offers are referred to collectively as the "Offers." The Notes had an aggregate principal amount outstanding of approximately U.S. $3.77 billion as of September 8, 2014.

Fed ramps pressure for biggest US banks to shrink
By MARCY GORDON - AP - Tue Sep 09, 6:27PM CDT
WASHINGTON (AP) — The Federal Reserve is pushing the biggest U.S. banks to shrink so that they're less of a risk to the financial system.

Investor Alert: Notice From the Securities Arbitration Law Firm of Klayman & Toskes to Citigroup Customers Who Purchased Corporate Special Opportunities ("CSO" Fund
Business Wire - Tue Sep 09, 3:51PM CDT
The Securities Arbitration Law Firm of Klayman & Toskes, P.A. ("K&T", www.nasd-law.com, announced today that it is investigating the sales practices of Citigroup in connection with their sales of the CSO Fund. Claims relating to sales practice violations are generally brought as securities arbitration claims before the Financial Industry Regulatory Authority ("FINRA". FINRA's Arbitration Department is where investors, both retail and institutional, go to seek redress as a result of sales practice violations committed by their brokerage firm, including claims of over-concentration, misrepresentation and omission, unsuitable recommendations and failure to supervise.

Citigroup Set to Possibly Rebound After Yesterday's Selloff of 1.52%
Comtex SmarTrend(R) - Tue Sep 09, 3:46PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.12 to a high of $51.78. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $51.72 on volume of 14.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Citigroup Falls 1.52% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Sep 09, 3:45PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.12 to a high of $51.78. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $51.72 on volume of 14.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Citi to Integrate Credit and Debit Cards with Apple Pay
Business Wire - Tue Sep 09, 3:22PM CDT
Citi cardmembers will soon have another way to pay with their Citi card at their fingertips with Apple Pay. Beginning this October, Citi cardmembers will have the option to pay with their eligible Citi credit or debit card using their iPhone 6 and iPhone 6 Plus. Whether they are buying in stores or online from merchants in apps, payment happens in a single touch and Citi cardmembers will soon have another option to make purchases easily.
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