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Citigroup News

News on Citigroup (Ticker: C) continually updated from thousands of sources around the net.

Yesterday | Bloomberg

URS Rises Most in Five Years on Report It's Up for Sale

URS Corp. rose the most in more than five years on speculation the San Francisco-based company that builds bridges and power stations has put itself up for sale.

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Related Topix: Construction, URS Corporation, Architecture, Banking, Financial Services, Reuters, US News

Yesterday | Fox News

Citigroup Leads Parade of Bank Earnings Next Week

Bank earnings take center stage next week -- beginning with Citigroup on Monday -- and investors will learn how the biggest U.S. lenders fared during the second quarter amid a downturn in trading volume, tighter profit margins and weak mortgage lending.

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Related Topix: Banking, Financial Services, CitiMortgage, Home, Mortgage, Personal Finance, Goldman Sachs, Investment Services, Cohen Group, Consulting

Friday | Seeking Alpha

Wells Fargo & Company: A Worthwhile Investment

In comparison to other global banks like Bank of America and Citigroup, Wells Fargo has been paying very attractive dividends in the past five years.

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Related Topix: Wells Fargo , Banking, Financial Services, Startups, Mach One, Wells Fargo Home Mortgage, Institutional Venture Partners, Norwest Venture Partners

Friday | Financial Times

Vikram Pandit

This doesn't immediately strike me as a Vikram Pandit joint. I am waiting for the deposed chief executive of Citigroup at Felidia, a restaurant on 58th street, just below the Upper East Side in Manhattan.

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Related Topix: Financial Services, Banking

Friday | PE Hub

Riverstone forms energy credit team

Riverstone Holdings has formed a team of energy-focused leveraged finance professionals to lead the firm's expansion into credit and capital markets activities.

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Related Topix: Banking, Financial Services, CitiMortgage, Nomura Securities International, Investment Services

Friday | Customer Interaction Solutions

Envision Healthcare Holdings, Inc. Announces Pricing of Secondary Offering of Common Stock

Envision Healthcare Holdings, Inc. announced today the pricing of a secondary offering of 27.5 million shares of its common stock by certain stockholders of the Company at a public offering price of $34.00 per share.

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Related Topix: Clayton Dubilier and Rice, Financial Services, Investment Services, Goldman Sachs, Banking, CitiMortgage, Attention, York, NY

Thu Jul 10, 2014

Switched

Citigroup's $7 Billion Fraud Deal: The Clique's Still Clicking in DC

Pop quiz: Which bank is widely considered too big to fail, needed a $45 billion government loan during the financial crisis, recently failed a stress test performed by the Federal Reserve - and has enjoyed a revolving-door relationship with both the Clinton and Obama Administrations? Citigroup is back in the headlines as the result of a new ... (more)

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Related Topix: Banking, Financial Services, US Politics, US News, Senator Elizabeth Warren, US Senate

AmericanBankingNews.com

Citigroup Inc. Reiterates "Neutral" Rating for Royal Dutch Shell Plc

's stock had its "neutral" rating reaffirmed by equities researchers at Citigroup Inc. in a research report issued on Thursday.

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Related Topix: Financial Services, Banking

AmericanBankingNews.com

Royal Dutch Shell Plc Given "Neutral" Rating at Citigroup Inc.

's stock had its "neutral" rating reiterated by stock analysts at Citigroup Inc. in a report issued on Thursday.

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Related Topix: Financial Services, Banking

The Globe and Mail

U.S. banks mired in trading doldrums

Second-quarter earnings reports likely to disappoint as fixed-income, currencies and commodities no longer spinning easy revenues.

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Related Topix: Financial Markets, Banking, Financial Services, CitiMortgage, Home, Mortgage, Personal Finance, Stanley

Reuters

Miami's mortgage discrimination suits against Citi, Wells dismissed

A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo & Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Wells Fargo , Startups, Mach One, Institutional Venture Partners

MarketWatch

Citigroup earnings: Trading revenue, legal issues in focus

This is what investors can expect: Earnings: The nation's fourth-largest bank by assets is expected to report net income of $3.35 billion, or $1.08 earnings per share, down from $4.18 billion, or $1.25 a share in the year-earlier period, according to analysts surveyed by FactSet.

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Related Topix: Banking, Financial Services, CitiMortgage

The Washington Post

U.S. Stocks Pare Declines After Portugal Concern Fueled Selloff

U.S. stocks fell, with benchmark gauges trimming earlier declines amid speculation equities retreated too far after signs of financial stress in Portugal fueled demand for haven assets.

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Related Topix: Financial Markets, Banking, Financial Services, Verizon Communications, Telecom, IT Services, Science / Technology

GuruFocus.com

Bill Ngren Commentary: Oakmark Select Fund - Second Quarter 2014; Buys Amazon, Citigroup, ...

The Oakmark Select Fund increased 6% for the quarter, compared to 5% for the S&P 500 Index.

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Related Topix: Banking, Financial Services, Amazon, Startups, Intel, Financial Markets, Insurance, Fidelity National Financial, Emerging Technology, Search Engines

Seeking Alpha

Earnings Preview: Citigroup Q2 2014

Citigroup is scheduled to report 2Q 2014 earnings before the opening bell on Monday, July 14th.

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Related Topix: Banking, Financial Services, Wells Fargo , JP Morgan Chase , Mortgage, Personal Finance

AmericanBankingNews.com

Starwood Hotels & Resorts Worldwide Upgraded to "Buy" at Citigroup Inc.

The firm currently has a $86.00 price objective on the stock, down from their previous price objective of $96.00.

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Related Topix: Travel/Tourism, Hotels, Starwood Hotel and Resorts Worldwide, Banking, Financial Services

Bloomberg

Santander Blazes Foreign-Investor Trails With Zloty ABS

Banco Santander SA 's sale of zloty-denominated asset-backed securities targeted foreign buyers for the first time, clearing the way for more issuers seeking lower borrowing costs, according to Citigroup Inc. Santander's Polish unit sold 1.37 billion zloty of 2025 notes backed by auto and unsecured consumer loans to European investors on June 27, ... (more)

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Related Topix: Banking, Banco Santander Central Hispano SA, Financial Services

Seeking Alpha

Wells Fargo Trumps Citigroup's Bull Thesis Into Earnings

Background: Citigroup Inc., the leading global financial services company, has some two hundred million customer accounts and does business in more than hundred countries.

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Related Topix: Banking, Financial Services, Wells Fargo , Bank of America, Stanley, US Bancorp, Wells Fargo Home Mortgage

NACD

Citigroup Nears Deal to Resolve Mortgage Probe

Wall Street Journal sources are reporting that "the Justice Department and Citigroup Inc. are close to a deal for the bank to pay about $7 billion to settle allegations it sold shoddy mortgages in the run-up to the financial crisis."

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

Reuters

U.S. court rules for Beirut bombing victims in Iran funds case

A U.S. appeals court on Wednesday ruled that $1.75 billion in Iranian funds be turned over to families of the victims of the 1983 bombings of a Marine barracks in Beirut.

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Related Topix: Iran, World News, Middle East, Second Circuit Court of Appeals, Banking, Financial Services

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