Tag: Citigroup Inc.

Finance

Active Watch List: JPMorgan Chase (NYSE:JPM), National Bank of Greece (NYSE:NBG), Barclays (NYSE:BCS), Citigroup (NYSE:C), Freeport-McMoRan Copper & Gold (NYSE:FCX)

When JPMorgan Chase & Co. (NYSE:JPM) chairman and CEO Jamie Dimon announced last week that he had been diagnosed with throat cancer, the largest US bank said its board already had plans for a full-range of scenarios in place. Sudden, life-threatening ailments such as cancer present unique management challenges, which can throw a company into limbo and need more than the typical succession planning that … Continue reading Active Watch List: JPMorgan Chase (NYSE:JPM), National Bank of Greece (NYSE:NBG), Barclays (NYSE:BCS), Citigroup (NYSE:C), Freeport-McMoRan Copper & Gold (NYSE:FCX)

Jason Knox
Finance

NYSE Movers: Bank of America (NYSE:BAC), General Electric Company (NYSE:GE), Advanced Micro Devices (NYSE:AMD), Citigroup Inc (NYSE:C), Vale SA (NYSE:VALE)

The Bank of America Corporation (NYSE:BAC) issued layoff notices to 540 Charlotte employees. The job cut has been in the Legacy Asset Servicing division and it will impact 60% employees of that division in Charlotte. Bank of America Corp (NYSE:BAC) stock performance was -0.39% in last session and finished the day at $15.41. Traded volume was 66.82million shares in the last session and the average … Continue reading NYSE Movers: Bank of America (NYSE:BAC), General Electric Company (NYSE:GE), Advanced Micro Devices (NYSE:AMD), Citigroup Inc (NYSE:C), Vale SA (NYSE:VALE)

John Meady
Finance

Hot Movers: Citigroup Inc (NYSE:C), General Electric(NYSE:GE), FedEx (NYSE:FDX), AOL (NYSE:AOL), Adobe Systems Incorporated (NASDAQ:ADBE)

Citigroup Inc. (NYSE:C), the third-biggest bank by assets in the U.S., revealed in an e-mailed statement today that it appointed Mr. Mark Slaughter as a corporate and investment banking Chief in Asia, succeeding Mr. Farhan Faruqui, who left the company last month. One of the bank’s spokesmen – Mr. James Griffiths – explained that Mr. Slaughter started in Hong Kong this week. Citigroup Inc (NYSE:C) … Continue reading Hot Movers: Citigroup Inc (NYSE:C), General Electric(NYSE:GE), FedEx (NYSE:FDX), AOL (NYSE:AOL), Adobe Systems Incorporated (NASDAQ:ADBE)

Jason Knox
Finance

Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Layne Christensen Company (NASDAQ:LAYN) was down 12.75% after reporting a Q1 net loss of $27.7 million, or $1.41 per share, compared with a prior-year net loss of $23.8 million, or $1.22 per share. The prior-year results included a $0.02 gain from discontinued operations. Analysts polled by Capital IQ were looking for a loss of $0.35 per share. Total revenue slid 16% to $191.2 million, missing … Continue reading Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Chris Lewis
Finance

Financial Sector most active stocks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM), National Bank of Greece (ADR) (NYSE:NBG)

Breathing respite for Bank of America Corporation (NYSE:BAC), U.S. District Judge Max Cogburn hinted that he may turn down a lawsuit filed by the U.S Department of Justice (:DOJ) against the banking bellwether. The news was reported by Reuters . Bank of America Corp (NYSE:BAC) stock performance was -1.09% in last session and finished the day at $15.42. Traded volume was 66.17million shares in the … Continue reading Financial Sector most active stocks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM), National Bank of Greece (ADR) (NYSE:NBG)

Jayne Crisman
Finance

Financial stocks to Watch: National Bank of Greece (ADR) (NYSE:NBG), Metlife Inc (NYSE:MET), American International Group (NYSE:AIG), Barclays (NYSE:BCS), Citigroup (NYSE:C)

The European Investment Bank (EIB) is providing in tandem with Greek partner banks a further EUR 200 million worth of SME support for growth and employment in Greece. These funds, of which EUR 150 million is going to the National Bank of Greece (ADR) (NYSE:NBG) and EUR 50 millionto Alpha Bank, are intended to finance projects promoted by small and medium-sized companies in the fields … Continue reading Financial stocks to Watch: National Bank of Greece (ADR) (NYSE:NBG), Metlife Inc (NYSE:MET), American International Group (NYSE:AIG), Barclays (NYSE:BCS), Citigroup (NYSE:C)

Colin Pettis