Citigroup Gives Priority to Sumitomo Mitsui to Buy Japan Bank - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 5:33PM CST
Among several bidders lined up for buying Citigroup Inc.'s (C) Japanese consumer-banking business, the bank plans to offer the right of first refusal for the deal to Sumitomo Mitsui Financial Group, Inc. (SMFG), according to Bloomberg.
SMFG: 7.67 (+0.06), C: 53.81 (+0.24), HSBC: 49.94 (-0.11), BAC: 17.14 (+0.05)
Final Glance: Banks companies
AP - Tue Nov 18, 5:03PM CST
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05), MS: 35.47 (-0.13)
Former Bank of England Chief Says Banks May Be Too Big to Manage
at The Street - Tue Nov 18, 2:47PM CST
Former Bank of England Governor Mervyn King says regulations have done a lot to address the problems created by the financial crisis -- but will that be enough?
JPM: 60.53 (+0.15), C: 53.81 (+0.24), DB: 30.60 (+0.51), XLF: 24.14 (+0.08)
Albemarle's $6.2B Rockwood Buyout Gets Shareholder Nod - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 12:50PM CST
Albemarle's (ALB) purchase of Rockwood has been cleared by shareholders of both companies.
ROC: 78.98 (-0.10), ALB: 61.69 (+0.09), LAZ: 49.38 (+1.28), C: 53.81 (+0.24)
Midday Glance: Banks companies
AP - Tue Nov 18, 12:24PM CST
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05), MS: 35.47 (-0.13)
Citigroup Lays Off 5 Bond Salesmen; Focuses on Big Clients - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 9:40AM CST
In order to focus on its major clients, Citigroup Inc. (C) has conducted a few layoffs, per a Bloomberg report
MBRG: 18.46 (+0.48), WAL: 25.92 (-0.23), C: 53.81 (+0.24), CNO: 17.74 (-0.06)
Early Glance: Banks companies
AP - Tue Nov 18, 9:23AM CST
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05), MS: 35.47 (-0.13)
Watch List for Diversified Banks Equities - Bank of America, Citigroup, Wells Fargo, JPMorgan Chase, and Itau Unibanco Holding
PR Newswire - Tue Nov 18, 8:20AM CST
Investor-Edge has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), Wells Fargo and Company (NYSE: WFC), JPMorgan Chase and Company (NYSE: JPM), and Itau Unibanco Holding S.A. (NYSE: ITUB). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, November 17, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,647.75, up 0.07% and the NASDAQ Composite closed at 4,671.00, down 0.37%. The S&P 500 finished the session 0.07% higher at 2,041.32. During the trading session, four out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 323.77, up 0.02%, with the index advancing 6.56% in the previous three months. Register for your complimentary reports on these five stocks at:
JPM: 60.53 (+0.15), C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05), ITUB: 14.00 (+0.62)
Tracking Bruce Berkowitz's Fairholme Portfolio - Q3 2014 Update
John Vincent - at Seeking Alpha - Tue Nov 18, 5:02AM CST
LUK: 24.53 (+0.39), NYCB: 15.86 (-0.04), C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05), KKR: 22.69 (+0.34), LNC: 56.31 (+0.29), VOD: 35.55 (-0.41), SHLD: 35.91 (+0.29), HIG: 40.54 (+0.46), JOE: 18.83 (+0.26), CHK: 23.06 (-0.32), BP: 41.19 (+0.29), AIG: 53.89 (-0.13), LE: 46.11 (-0.12), BRK.B: 145.81 (+0.44), BRK.A: 218,868.00 (+328.00)
Trustmark: The Story No One Else Is Talking About
Ashleigh Rogers - at Seeking Alpha - Mon Nov 17, 12:30PM CST
C: 53.81 (+0.24), WFC: 53.27 (-0.17), TRMK: 24.25 (+0.05)
Kinder Morgan Energy Partners Topped Best Value Long-Term Bond Ranking Last Week
Donald van Deventer - at Seeking Alpha - Mon Nov 17, 11:54AM CST
RAI: 65.30 (+0.60), FDX: 172.00 (+0.68), KMI: 40.41 (+0.16), BUD: 111.47 (+0.75), NSC: 115.38 (-0.45), SWY: 34.78 (+0.03), AXP: 90.58 (+0.45), HES: 81.90 (+0.66), C: 53.81 (+0.24), MET: 54.78 (+0.29), KMP: 98.30 (+0.31), T: 35.72 (-0.13), PM: 87.13 (-0.17), RDS.B: 73.34 (+0.87), RDS.A: 70.03 (+0.78), GS: 189.64 (-0.29), JPM: 60.53 (+0.15), IBM: 161.89 (-2.27)
Citigroup (C) Approaches New Downside Target of $53.07
Comtex SmarTrend(R) - Mon Nov 17, 9:13AM CST
Shares of Citigroup (NYSE:C) opened today below their pivot of $53.41 and have already reached the first level of support at $53.23. Should the shares continue to fall, the support pivots of $53.07 and $52.73 will be of interest.
C: 53.81 (+0.24)
Undervalued Global Banking Groups Too Cheap To Ignore
Sebastien Couvidat - at Seeking Alpha - Sun Nov 16, 11:33PM CST
BCS: 14.88 (+0.18), SAN: 8.46 (+0.10), C: 53.81 (+0.24), BAC: 17.14 (+0.05)
Bank Stock Roundup: FX Fines Take a Toll; Citi, JPMorgan, Wells Fargo in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 14, 1:24PM CST
Efforts by major banks to resolve litigation and probes pertaining to their business conduct remained the key trend over the last five trading days.
COF: 81.29 (+0.15), BBT: 37.44 (+0.10), JPM: 60.53 (+0.15), USB: 43.98 (+0.18), C: 53.81 (+0.24), BAC: 17.14 (+0.05), WFC: 53.27 (-0.17)
Primary Fixed Rate Mortgage Yields Drop 0.01% And Mortgage Servicing Values Close Mixed This Week
Donald van Deventer - at Seeking Alpha - Fri Nov 14, 12:44PM CST
CBG: 33.14 (+0.62), BBT: 37.44 (+0.10), PRU: 84.00 (+0.19), MTGE: 19.75 (+0.02), OCN: 21.05 (-0.10), C: 53.81 (+0.24), AGNC: 23.12 (+0.04), BAC: 17.14 (+0.05), WFC: 53.27 (-0.17), KEY: 13.31 (+0.07), NLY: 11.50 (unch), JPM: 60.53 (+0.15), USB: 43.98 (+0.18), NSM: 27.82 (-0.50), STI: 39.62 (+0.19), WAC: 16.80 (+0.27), PNC: 87.43 (+0.15), PHH: 23.57 (-0.13)
Bank Fines Total a Whopping $184 Billion With 174 Cases Still Left
at The Street - Fri Nov 14, 12:01PM CST
Banks, led by Bank of America and JPMorgan Chase, have paid $184 billion in fines since 2009 over 117 cases, but remain on the hook for another 174 cases.
CG: 29.46 (-0.40), JPM: 60.53 (+0.15), C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05)
Tracking The Hotchkis & Wiley Value Opportunities Fund
IVI Guy - at Seeking Alpha - Fri Nov 14, 9:57AM CST
DOOR: 54.30 (+0.80), C: 53.81 (+0.24), BAC: 17.14 (+0.05), GLW: 20.42 (+0.06), ORCL: 41.26 (+0.10), JPM: 60.53 (+0.15), AIG: 53.89 (-0.13)