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Citigroup..Net Loss of $8.29 Billion, Loss Per Share of $1.72 - BREAKOUT...3,00 $ ?
C
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Citi Reports Fourth Quarter Net Loss of $8.29 Billion, Loss Per Share of $1.72 http://app.quotemedia.com/quotetools/newsStory.go?storyId=151... Net Loss from Continuing Operations of $12.14 Billion, Loss Per Share of $2.44, Primarily Due to Write-Downs and Losses in Securities and Banking, Higher Credit Losses, Additions to Loan Loss Reserves, and Restructuring Costs Related to Headcount Reductions Progress on Lowering Expenses, Headcount and Assets Continued Capital and Structural Liquidity Strength Full Year 2008 Revenues of $52.8 Billion, Net Loss of $18.72 Billion Citi...
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Bearish on C ...
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The one stop shop for financial services has proven not to work. Will Citi be able to regroup and be a money center bank, or will they need to divest to survive?
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Strategically all wrong for Citi, give me the money!
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A deal to combine the brokerages of Citigroup and Morgan Stanley would not only give Citi much-needed cash, it would also give Morgan Stanley more manpower, analysts said. “If Morgan and Citi get together, they would be able to put together a retail brokerage unit that is larger than Merrill’s thundering herd, which could position them well in the marketplace,†said Chris Probyn, chief economist at State Street Global Advisors. “This may be a way of staying competitive.†The move would also be beneficial to Morgan Stanley as it looks to build its less-risky, lower leveraged busi...
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uprising
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citigroup will continue to groe despite the recent recession. Regarding the fact that we have been in a recession for a year, now is time to start buying up stock and i think this is one that will grow at a steady pace.
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Citigroup...the same procedure as Goldman + Warren Buffet ?
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Multimillionaire Carlos Slim (Mexico) invested in Citigroup... US $ 150 millions....(26 millions of shares) ...the the same procedure as Goldman Sachs + Warren Buffet ? after Warren Buffet investment, GS was falling down extremely... Y M
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No Bank Too Big to Fail!
- As the government continues to pump the economy with stimulus money, it also continues to push for financial reform from the FDIC angle...
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aductan
(+17.35% risk: conservative)
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Value Investing
- I’m really into value investing these days. I found some great picks at http://www.hiddenvaluesalert.com/index.aspx?page=ECapture&r=GSP_Boards3
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