http://www.wikio.com/search=Citigroup Inc Wikio - Citigroup Inc http://www.wikio.com/search/Citigroup+Inc?rinfoid=63030411 Fri, 04 Jul 2008 15:24:11 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63030411 2008-07-04T15:24:11Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=63032134 Fri, 04 Jul 2008 15:03:07 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63032134 2008-07-04T15:03:07Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=63023750 TORONTO (Reuters) - The buyers of telecoms company BCE Inc are sticking to the agreed C$42.75 per-share purchase price and have delivered the funding documents needed for the deal to go ahead, the company said on Friday. Fri, 04 Jul 2008 14:23:04 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63023750 2008-07-04T14:23:04Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=63014593 European banks may need to raise as much as 90 billion euros ($141 billion) to restore their capital after the U.S. subprime mortgage collapse caused credit markets to seize up, according to Goldman Sachs Group Inc. Fri, 04 Jul 2008 12:35:48 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63014593 2008-07-04T12:35:48Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=63024069 Zurich, Switzerland (GenevaLunch) - The fallout from the US mortgage credit crunch continues to haunt Switzerland's two largest banks. UBS... Fri, 04 Jul 2008 09:22:01 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63024069 2008-07-04T09:22:01Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=63014597 Marks & Spencer Group Plc, the U.K. clothing retailer that this week reported its steepest sales decline since 2005, fell for a seventh day in London trading after Citigroup Inc. cut the stock to ''sell'' from ''buy.'' Fri, 04 Jul 2008 09:09:32 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63014597 2008-07-04T09:09:32Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62990579 Brazil Stocks Fall on Commodity, Profit Concern; Bolsa Slumps (Bloomberg.com) July 3 (Bloomberg) — Brazilian stocks tumbled for a third day, sending the Bovespa below 60,000 for the first time since March, after the nation’s second-biggest airline forecast larger- than-expected losses and Citigroup Inc. strategists cut their estimates for equities on concern about slumping commodities. [...] Fri, 04 Jul 2008 08:20:04 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62990579 2008-07-04T08:20:04Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62986962 Shanghai Pudong Development Bank Co. (SPDB), partly owned by Citigroup Inc., on Friday said the unaudited first half net profit may soar more than 140 percent from a year earlier. The surge in profit came on wider interest rate marg ... Fri, 04 Jul 2008 07:57:19 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62986962 2008-07-04T07:57:19Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=63036195 Fri, 04 Jul 2008 05:06:00 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=63036195 2008-07-04T05:06:00Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62849502 FP Trading Desk submits: Just how low can Meredith Whitney go? The Oppenheimer & Co analyst has cut estimates — again — on UBS AG (UBS), Merrill Lynch & Co. (MER) and Citigroup Inc. (C) in a trio of notes out Wednesday. Merrill, rated “underperform,” faces “headwinds of deleveraging and the next disruptive step of restructuring.” Ms. Whitney cut her estimate for the broker’s second quarter earnings per share from a gain of $0.20 to a loss of $4.21, including an estimated total writedown of $5.8-billion. Complete Story » Thu, 03 Jul 2008 08:28:30 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62849502 2008-07-03T08:28:30Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62765801 (Reuters) - Citigroup Inc may write down $8.7 billion and Merrill Lynch & Co Inc $4.5 billion in the second quarter, according to analysts at UBS, who also forecast a second-quarter and full-year loss for both companies. Wed, 02 Jul 2008 16:05:36 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62765801 2008-07-02T16:05:36Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62762665 (Reuters) - Citigroup Inc may write down $8.7 billion and Merrill Lynch & Co Inc $4.5 billion in the second quarter, according to analysts at UBS, who also forecast a second-quarter and full-year loss for both companies. Wed, 02 Jul 2008 14:09:16 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62762665 2008-07-02T14:09:16Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62729485 (Reuters) - Citigroup Inc may write down $8.7 billion and Merrill Lynch & Co Inc $4.5 billion in the second quarter, according to analysts at UBS, who also forecast a second-quarter and full-year loss for both companies. Wed, 02 Jul 2008 11:15:01 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62729485 2008-07-02T11:15:01Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62742559 Filed under: Microsoft (MSFT) , Yahoo! (YHOO) , Starbucks (SBUX) , Ford Motor (F) , General Motors (GM) , Motorola (MOT) , Toyota Motor Corp. (TM) , Netflix, Inc. (NFLX) , Citigroup Inc. (C) , Sprint Nextel Corp (S) , Blockbuster Inc 'A' (BBI) , Money and Finance Today , Bank of America (BAC) , Circuit City Stores (CC) , Palm Inc (PALM) , UAL Corp (UAUA) , Crocs Inc (CROX) , Qwest Communications Intl (Q) , Rite Aid Corp (RAD) In the News: · Car Sales Hit 10-Year Low as June Was Bleak Month; GM Dropped 18%, Toyota 21% · Microsoft May Take Another Stab at Yahoo · Starbucks to Close 600 Stores · Blockbuster Ends Pursuit of Circuit City · Bank of America Closes Countrywide Acquisition; More Misery Ahead for BofA? · Citibank ATM Breach Reveals PIN Security Problems · Deepening Cycle of Job Loss Seen Lasting Well Into 2009 · Netflix Stars in a Slow Economy · Manhattan Real Estate Finally Starts to Soften Brand-Name Stocks Uner $10: Buyer Beware These well-known names in the bargain bin may look appealing, but experts advise laying off until their earnings picture is clear. Among the stocks to be weary of are Sprint Nextel, Motorola, Ford Motor, Qwest, Washington Mutual, Northwest Airlines, Del Monte, Rite Aid, Chico's, Crocs, United Airlines, Palm, Sealy, Blockbuster, Circuit City and Orbitz. Brand-Name Stocks Under $10: Buyer Beware How to Play the Market in the Second Half of 2008 Market pro Todd Harrison discusses the top 10 themes for the rest of the year. Where we are and where we're going: 10 market themes - MarketWatch Finding Safety in a Bear Market Here are five ways to protect your portfolio. Keeping Your Balance in a Scary Market - Kiplinger.com Airports Cash in on Flight Delays Your delayed flight is bad news for you and your airline, but it's money in the bank for the airports who are turning into multi-billion dollar shopping malls for stranded passengers. Delayed flights mean big money for airport industry - CNNmoney Meet the New King of Brand Names The CEO of Fortune 500 newcomer Jarden Corp. is busy reviving old brands, but Wall Street has its doubts. Meet Martin Franklin who is snapping up undernourished brands and give them a shot in the arm. His company now markets more than 100 brands - among them Sunbeam, Oster, Rawlings, K2, Hoyle, Mr. Coffee, Crock Pot, and First Alert - and is the market leader in such retail categories as kitchen electronics, playing cards, tents, and grill-gas canisters. The new king of brand names - FORTUNE How to Protect Yourself If a Store Goes Bankrupt When furniture seller Levitz closed last fall, its Web site informed customers that they might not receive ordered merchandise, that there would be no more returns or exchanges, and that some paid-for extended warranties would not be provided. With tough times forcing Levitz and other retailers-including Sharper Image, Linens 'n Things, and Lillian Vernon-to file for bankruptcy protection, it's wise for shoppers to take precautions. Here's how. ConsumerReports.org - Protect yourself if a store goes bankrupt How American is American Apparel? CEO Dov Charney has Canadian passport, extraordinary business acumen and social grace of a subway flasher. Minyanville - NEWS & VIEWS-How American is American Apparel? Permalink | Email this | Linking Blogs | Comments Wed, 02 Jul 2008 08:59:00 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62742559 2008-07-02T08:59:00Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62671253 NEW YORK (Reuters) - American International Group Inc said it paid a $47 million severance package to former Chief Executive Martin J. Sullivan, whose resignation took effect on Tuesday. Tue, 01 Jul 2008 23:30:01 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62671253 2008-07-01T23:30:01Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62665811 ING Group has completed its $900 million acquisition of a retirement services venture jointly owned by Citigroup Inc. and State Street Inc. Tue, 01 Jul 2008 16:18:53 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62665811 2008-07-01T16:18:53Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62613401 NEW YORK (Reuters) - Stocks pared losses to trade little changed on Tuesday after a report showed U.S. factory activity expanded in June for the first time in five months, offsetting worries about rising oil prices. Tue, 01 Jul 2008 15:16:06 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62613401 2008-07-01T15:16:06Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62646444 Filed under: Microsoft (MSFT) , Yahoo! (YHOO) , General Motors (GM) , Berkshire Hathaway (BRK.A) , Walt Disney (DIS) , Citigroup Inc. (C) , Johnson and Johnson (JNJ) , Chubb Corp (CB) , Merrill Lynch (MER) , Goldman Sachs Group (GS) , Morgan Stanley (MS) , Huaneng Power Intl ADS (HNP) , Teva Pharm Indus ADR (TEVA) , Lehman Br Holdings (LEH) , Bear Stearns Cos (BSC) , Intuitive Surgical Inc (ISRG) Six months of 2008 are now behind us and the stock market has not been a friendly place to most investors. Stability that was once found in household names that were industry giants is gone, and they have now been brought to their knees. Many of them were the stocks we might have looked to in the past for stability, so you can be sure I put forward my five candidates with a little trepidation, but forward I go anyway. First a little review is in order. Citigroup Inc. (NYSE: C ) dropped from around $53 per share last year to around $30 in January and we can buy it today for around $17. Even at that price Goldman Sachs (NYSE: GS ) has downgraded it to a sell and thinks there is more bad news to come. Citigroup was the largest bank in the world. Not any more. General Motors (NYSE: GM ) was the largest car maker in the world. That was before the stock tumbled from $43 to its its current $11 range. A crushing blow to long time investors hoping that someone in the company could stop the ship from sinking. Goldman Sachs (NYSE: GS ) itself is down from $250 to a very soft $177 (it's traded as low as $161.21 today) and does not appear to be at risk as much as some of its competitors, companies that do not look as competitive any more. Bear Stearns is gone, Lehman Brothers Holdings (NYSE: LEH ) is on the ropes and Merrill Lynch (NYSE: MER )and Morgan Stanley (NYSE: MS ) are teetering. Reliable software giant Microsoft Inc. (NASDAQ: MSFT ) is down from $37.50 to $27 and is so desperate for some traction that it is wasting its time with something called the Zune and made an unsuccessful offer to acquire Yahoo! (NASDAQ: YHOO ), which is also down on its luck, 50% down since it rejected the offer. I do not own any of these stocks and I could list a thousand stocks to keep them company. Some that I do own as "core holdings" that are down include Huaneng Power Intl ADS (NYSE: HNP ) that was trading as high as $57 and is now a more affordable $27 per share. Another one of my favorites, Intuitive Surgical Inc (NASDAQ: ISRG ), is down from $360 to $260 and may drop further as hospitals look to conserve capital the rest of the year and into the uncertainty of a new presidential administration and economy. Even that old standby for tough times Berkshire Hathaway (NYSE: BRK.B ) has shown weakness dropping 20% from around $5,000 to $4,000 a share. I could point to some energy and food stocks that have done well this year but those could lose their footing as well if oil prices do not hold up. There are those that think we are in a short term speculative bubble and they could give back some of the this year's gains. So where to hide? What if anything has been stable? The following five companies made the grade. 1) Johnson and Johnson (NYSE: JNJ ): This one is probably not any surprise. There was no money to be made here but you would not have lost any either. Year to date it has traded between $68 and $64 and that is about where it has been for quite some time. It does pay almost a 3% dividend yield and that's mighty fine these days. 2) Teva Pharmaceuticals ADR (NASDAQ : TEVA ): Pharmaceuticals have long been a safe haven in troubled times and the world's largest maker of generic drugs is sitting pretty these days with expanding markets everywhere it looks. This Israeli company has traded roughly between $43 and $47 for quite some time, pays a 1% yield and looks to have plenty of upside going forward. 3) Chubb Corp ( NYSE: CB) the conservative insurance company has held up better than most of its peers. Over the past six months and going back two years it has hovered between $49 and $54, all the time paying about a 2.6% yield. 4) Xcel Energy (NYSE: XEL ) is a holding company for numerous utilities. Over the course of the past twelve volatile months it has been trading in a 10% range between $20 and $22 while paying a huge yield, which today stands at 4.8%. 5) Walt Disney (NYSE: DIS ) may be a great place to hide if you want to forget your troubles, whether you chose the new Pixar movie hit WALL-E or Disneyland, or a trip down memory lane renting or downloading any one of its countless hits from its film library. The stock is currently trading in the neighborhood of $30.62, mid-point in its 52 week range. Over the past six months it has spent most of the time drifting between $30 and $33 per share with a few drops and pops here and there. The 1.1% yield is not as generous as the others but it I would be happy to take it. What do they have in common? They are diversified among their industries, have growth horizons, and of course they all pay dividends. But the standout at this juncture seems to be that they all have shrewd conservative management teams -- and they have been in the right place, at the right time, and prepared. Sheldon Liber is the CEO of a small private investment company and the principal for design and research at an architecture & planning firm. He writes the columns Chasing Value and Serious Money . DISCLOSURE : I currently own shares of BRK.B, HNP, ISRG, JNJ. Permalink | Email this | Linking Blogs | Comments Tue, 01 Jul 2008 15:02:00 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62646444 2008-07-01T15:02:00Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62588006 NEW YORK--(BUSINESS WIRE)--Broadpoint Capital, Inc., a broker-dealer subsidiary of Broadpoint Securities Group, Inc. (NASDAQ: BPSG), today announced the hiring of two additional senior Tue, 01 Jul 2008 11:30:00 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62588006 2008-07-01T11:30:00Z http://www.wikio.com/search/Citigroup+Inc?rinfoid=62533400 NEW YORK (Reuters) - JPMorgan Chase & Co reigned supreme across global debt and equity underwriting for the last quarter. Mon, 30 Jun 2008 23:33:02 GMT http://www.wikio.com/search/Citigroup+Inc?rinfoid=62533400 2008-06-30T23:33:02Z