C News Alert Citigroup Inc (C) 50.70 01/06/2015 17:26:02

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Citigroup Inc (C) 50.70 $C

Most active New York Stock Exchange-traded stocks
AP - 21 mins ago
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
TLM.TO: 9.11 (+0.04), KO: 42.46 (+0.32), GE: 24.07 (-0.53), F: 14.62 (-0.14), JPM: 58.98 (-1.57), TLM: 7.71 (-0.03), S: 4.19 (-0.02), PFE: 31.42 (+0.26), C: 50.70 (-1.85), BAC: 16.86 (-0.52), TWTR: 38.76 (+2.38), RAD: 7.71 (+0.19)

Final Glance: Banks companies
AP - 21 mins ago
NEW YORK (AP) — Shares of some top banks companies were down at the close of trading:
C: 50.70 (-1.85), WFC: 52.09 (-1.11), BAC: 16.86 (-0.52), MS: 36.42 (-1.08)

SunTrust Q4 Results to Include New $145M Legal Reserve - Analyst Blog
Zacks Equity Research - Zacks Investment Research - 45 mins ago
SunTrust's fourth-quarter 2014 results will include a new legal provision expense of $145 million, thereby lowering its earnings by 17 cents per share.
JPM: 58.98 (-1.57), C: 50.70 (-1.85), STI: 39.08 (-1.16), BAC: 16.86 (-0.52)

Why Citigroup and Its Shares Are Poised to Make a Comeback in 2015
at The Street - 1 hr 11 mins ago
Citigroup is fourth in the week-long countdown of the top five S&P 500 stocks to own for 2015.
FB: 76.15 (-1.04), C: 50.70 (-1.85)

Citigroup Set to Possibly Rebound After Yesterday's Selloff of 3.52%
Comtex SmarTrend(R) - 1 hr 43 mins ago
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $50.53 to a high of $52.77. Yesterday, the shares fell 3.5%, which took the trading range below the 3-day low of $52.33 on volume of 31.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 50.70 (-1.85)

SmarTrend Watching for Potential Rebound in Shares of Citigroup After 3.52% Loss
Comtex SmarTrend(R) - 1 hr 43 mins ago
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $50.53 to a high of $52.77. Yesterday, the shares fell 3.5%, which took the trading range below the 3-day low of $52.33 on volume of 31.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 50.70 (-1.85)

Midday Glance: Banks companies
AP - Tue Jan 06, 12:17PM CST
NEW YORK (AP) — Shares of some top banks companies are down at 1 p.m.:
C: 50.70 (-1.85), WFC: 52.09 (-1.11), BAC: 16.86 (-0.52), MS: 36.42 (-1.08)

BNY Mellon Purchases Cutwater Asset Management from MBIA - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 06, 10:00AM CST
Last week, as part of its plan to continue boosting core operations, The Bank of New York Mellon Corporation (BK) completed the acquisition of Cutwater Asset Management, a wholly owned subsidiary of MBIA Inc. (MBI).
MBI: 9.43 (-0.14), C: 50.70 (-1.85), BK: 38.28 (-1.14), MSFG: 19.09 (-0.78)

Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Six Series of Outstanding Notes
Business Wire - Tue Jan 06, 9:45AM CST
Citigroup Inc. ("Citigroup" announced today the expiration and final tender results of its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers" with respect to each series of notes listed in the table below (the "Notes" .
C: 50.70 (-1.85)

Early Glance: Banks companies
AP - Tue Jan 06, 9:37AM CST
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.:
C: 50.70 (-1.85), WFC: 52.09 (-1.11), BAC: 16.86 (-0.52), MS: 36.42 (-1.08)

Next Support Level for Citigroup (C) is $51.32
Comtex SmarTrend(R) - Tue Jan 06, 8:56AM CST
Shares of Citigroup (NYSE:C) opened today below their pivot of $52.95 and have already reached the first level of support at $51.93. Analysts will be watching for a cross of the next downside pivot targets of $51.32 and $49.69.
C: 50.70 (-1.85)

CCAR 2015: Will The Fed Single Out Citigroup Once Again?
Investor Psyche - at Seeking Alpha - Tue Jan 06, 6:12AM CST

C: 50.70 (-1.85)

3 Great Bank Stocks for 2015
Matthew Frankel, The Motley Fool - Motley Fool - Mon Jan 05, 1:03PM CST
No matter what your risk tolerance and investment goals, there is a bank stock that would be a great fit for your portfolio. Here are my three favorites for 2015, ranging from the stable and consistent to those with the highest risk and highest...
TD: 44.91 (-0.96), C: 50.70 (-1.85), MS: 36.42 (-1.08)

Barclays bullish on the big banks this year
Seeking Alpha - at Seeking Alpha - Mon Jan 05, 12:03PM CST

JPM: 58.98 (-1.57), C: 50.70 (-1.85), WFC: 52.09 (-1.11), BAC: 16.86 (-0.52)

Citigroup Can Surge 25% in 2015 as Pesky Legal Burdens Fade
at The Street - Mon Jan 05, 11:31AM CST
Citigroup and other big banks including Bank of America Citigroup will see double digit percentage gains in 2015 on an improving economy and easing regulatory burdens.
JPM: 58.98 (-1.57), C: 50.70 (-1.85), WFC: 52.09 (-1.11), BAC: 16.86 (-0.52)

JPMorgan Chase Worth Much More if Broken Up: Goldman Sachs
at The Street - Mon Jan 05, 9:39AM CST
J.P. Morgan shares would be worth 5% to 25% more under a variety of breakup scenarios, according to a Goldman Sachs report published Monday.
GS: 184.53 (-3.81), JPM: 58.98 (-1.57), USB: 43.17 (-0.58), C: 50.70 (-1.85), WFC: 52.09 (-1.11), BAC: 16.86 (-0.52), PNC: 85.76 (-2.28)

Top Investments For 2015
Kevin Graham - Seeking Alpha - Mon Jan 05, 6:25AM CST
2014 Year in Review Well 2014 turned out to be another interesting year. It was a strong year for investment returns despite numerous issues going on around the world. China is clearly slowing down, Europe is facing deflation, and Russia annexed...
USO: 18.05 (-0.74), SPY: 199.82 (-1.90), EZPW: 11.25 (-0.24), QQQ: 100.07 (-1.36), IBM: 156.07 (-3.44), C: 50.70 (-1.85), DIA: 173.39 (-1.45), BAC: 16.86 (-0.52), IWM: 115.31 (-2.03), PKX: 62.83 (+0.45)

Citi Appointed Successor Depositary Bank for E.ON's ADR Programme
Business Wire - Mon Jan 05, 3:00AM CST
Citi, acting through Citibank N.A., has been appointed by E.ON SE ("E.ON" , a leading global energy supplier, as successor depositary bank for its Level 1 American Depositary Receipt (ADR) programme. E.ON's ADRs trade in the over-the-counter ("OTC" market in the US and are quoted on OTCQX under symbol "EONGY", with each ADR equivalent to one (1) ordinary share. The underlying ordinary shares are listed on the Frankfurt Stock Exchange and trade under symbol "EOAN".
C: 50.70 (-1.85)

Are Bankers Really Less Honest Than Other Professionals?
John Maxfield, The Motley Fool - Motley Fool - Sun Jan 04, 1:00PM CST
Last month, three economists from the University of Zurich published a study suggesting that bankers, while serving in their professional capacity, have a greater tendency to be dishonest than the average person. The study, which I discussed...
GS: 184.53 (-3.81), JPM: 58.98 (-1.57), C: 50.70 (-1.85), BAC: 16.86 (-0.52), AAPL: 106.26 (+0.01)




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