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Citigroup News

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

20 min ago | The Washington Post

Coffee-Tied Note's 95% Return Beats All Exchange-Traded Peers

The 94.8 percent return on a coffee-linked note this year is outstripping gains on all other exchange-traded products without leverage globally, as drought boosted prices of the crop.

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Related Topix: Weather, Natural Disasters, Drought, Banking, Financial Services, Science / Technology

4 hrs ago | Benzinga

Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split

U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected.

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Related Topix: Financial Markets, Steel, Mining, AK Steel Holding, Allergan, Biotech, Medicine, Amgen, Healthcare Industry, Banking, Financial Services

8 hrs ago | Agrimoney.com

Coffee futures revive as Citi cuts Brazil estimate

Arabica coffee futures recouped early losses as Citigroup cut its forecast for Brazilian coffee harvest, undercutting Volcafe's estimate earlier this week which sent futures soaring 7%.

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Related Topix: Banking, Financial Services, CitiMortgage, Weather, Natural Disasters, Drought, Agriculture, Science

12 hrs ago | Business Wire

Citigroup Board of Directors Approves $1.165 Billion Common Stock Repurchase Program

As previously announced, this repurchase plan was permitted pursuant to the 2014 Comprehensive Capital Analysis and Review and is intended to offset estimated dilution created by Citi's annual incentive compensation grants.

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Related Topix: Banking, Financial Services, CitiMortgage, US Securities and Exchange Commission, Securities and Exchange Commission, Corporate / Securities Law, Law

17 hrs ago | Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

A detailed list of rating actions follows at the end of this press... )--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.01 per share, payable on May 23, 2014 to stockholders of re... )--TAL International Group, Inc. , one of the world's largest lessors of intermodal freight containers ... (more)

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, TAL International, Retail, Household Products, Pier 1 Imports, Brookline Bancorp

Wed Apr 23, 2014

Financial Times

Private equity and hedge funds tempt business school graduates

In the US, the public's dislike of bankers for their role in sinking the country into financial crisis in 2008 found its voice in activist movements such as Occupy Wall Street.

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Related Topix: Occupy Wall Street, Banking, Financial Services, CitiMortgage, Goldman Sachs, Investment Services, Jefferson Pilot Corporation, Cohen Group, Insurance, Consulting

AmericanBankingNews.com

Canadian National Railway Given "Hold" Rating at Citigroup Inc.

's stock had its "hold" rating reaffirmed by analysts at Citigroup Inc. in a research report issued to clients and investors on Wednesday, Analyst Ratings Network.com reports.

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Related Topix: Canadian National Railway, Transportation, Railroads, Financial Services, Banking

AmericanBankingNews.com

Centene Corp. Receives "Hold" Rating from Citigroup Inc.

's stock had its "hold" rating reaffirmed by equities research analysts at Citigroup Inc. in a research note issued to investors on Wednesday, AnalystRatingsNetwork reports.

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Related Topix: Centene, Healthcare Industry, Banking, Financial Services

AmericanBankingNews.com

The Bank of New York Mellon's "Buy" Rating Reaffirmed at Citigroup Inc.

's stock had its "buy" rating reaffirmed by stock analysts at Citigroup Inc. in a report issued on Wednesday, AnalystRatingsNetwork reports.

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Related Topix: Bank of New York, Banking, Financial Services, BNY Mellon

Business Wire

Citigroup Declares Common Stock Dividend

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.

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Related Topix: Financial Services, Banking

MarketWatch

David Weidner's Writing on the Wall: Only one big bank gets an 'A' grade from me

If you had any doubts the banking landscape had changed in the years since the financial crisis, the past two weeks should have cleared the picture for you.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Goldman Sachs, Investment Services

Tue Apr 22, 2014

AmericanBankingNews.com

Citigroup Inc. Downgrades Valero Energy to Neutral

They currently have a $6.70 target price on the stock, up from their previous target price of $6.61.

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Related Topix: Startups, Valero Energy, Energy, Velos, Oil & Gas, Banking, Financial Services

Athens Banner-Herald

Washington gridlock stalling economy, former Treasury head Rubin says in Athens

Political gridlock in Washington is holding back the American economy and preventing meaningful steps that could reverse the country's growing income inequality between the rich and the poor and middle class, former U.S. Secretary of the Treasury Robert Rubin told a University of Georgia audience Tuesday.

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Related Topix: Athens, GA, University of Georgia, Banking, Financial Services

Jerusalem Post

U.S. stocks open moderately higher, data ahead; Dow Jones up 0.14%

Investing.com - U.S. stocks opened moderately higher on Tuesday, as markets eyed the release of U.S. data, as well as a slew of first-quarter earnings reports later in the trading session.

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Related Topix: Financial Markets, Allergan, Biotech, Pfizer, Medicine, Healthcare Industry, Banking, Financial Services, CitiMortgage

The Globe and Mail

Citigroup's leaders say company is still too complex

Michael Corbat, the new chief executive at Citigroup, at The Pierre hotel in New York, Oct. 6, 2010.

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Related Topix: Financial Services, Banking, CitiMortgage

The Washington Post

Citigroup CEO Expects More to Face Discipline on Fraud Case

Citigroup Inc. Chief Executive Officer Michael Corbat said he expects others to be disciplined after the bank fired an employee linked to a suspected $400 million fraud at the company's Mexico unit.

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Related Topix: Banking, Financial Services, CitiMortgage, Business News

Wall Street Journal

Citigroup CEO Addresses Fed Concerns at Annual Meeting

Michael Corbat kicked off the Citigroup Inc. shareholder meeting with the topic that he said was on the forefront of his mind-the Federal Reserve's rejection of the bank's request to raise its dividend and expand its share buyback plan.

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Related Topix: Financial Services, Banking

The Washington Post

India Removing Iron Ore Ban Seen Bearish for Prices by Citigroup

India's decision to end the iron ore mining ban in Goa state will expand the global surplus and could be bearish for prices, according to Citigroup Inc. Rates will average $100 a metric ton in the fourth quarter and drop below $100 on some days, said Ivan Szpakowski, an analyst in Hong Kong, restating bank predictions.

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Related Topix: Banking, Financial Services, Goldman Sachs, Investment Services, World News, China, Science / Technology

The Washington Post

Pfizer and AstraZeneca Ripe for Deal Alone or Together: Real M&A

While the talks between Pfizer, the world's biggest drugmaker, and $87 billion AstraZeneca have fizzled, Citigroup Inc. expects Pfizer to approach the company again, or AstraZeneca could opt to merge with another peer such as Amgen Inc. as a defense tactic.

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Related Topix: Pfizer, Biotech, Medicine, Healthcare Industry, Banking, Financial Services, Amgen, Shire plc, Cancer, Health

Mon Apr 21, 2014

The Oregonian

New Nike board member Michelle Peluso gets $160,000 in stock

Nike on Monday said in a regulatory filing that newly named board member Michelle Peluso is the recipient of 2,162 shares of Nike stock.

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Related Topix: Marketing, Financial Services, Banking

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