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CitiMortgage News

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

18 hrs ago | Sys-Con Media

Zacks Earnings Trends Highlights: J.P. Morgan, Bank of America and Citigroup

The 2014 Q1 earnings season has gotten off to a relatively soft start. Low expectations essentially guarantee that we are unlikely to get any major negative surprises.

Comment?

Related Topix: Banking, Stora Enso, Bank of America, Paper, Financial Services, JP Morgan Chase , Citigroup, Mortgage, Personal Finance

22 hrs ago | MarketWatch

Citi got mixed signals on 'stress test'

The Federal Reserve's New York office indicated to Citigroup Inc. that the bank would have more time to fix certain "stress test" planning problems before Fed officials in Washington last month gave it a failing grade, said people close to the company.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Federal Reserve Bank of New York, Goldman Sachs, Investment Services

Yesterday | Investopedia

Earnings Paper Cuts Impeding J.P. Morgan's Value

Among the major banks, very few have better near-term returns on tangible equity than J.P. Morgan Chase .

Comment?

Related Topix: Banking, JP Morgan Chase , Startups, Cuts, Bank of America, Financial Services, Citigroup, Capital One Financial

Yesterday | Business Times

Citigroup shuns digital webcast for its shareholder meeting

Of the top six US banks, only Citigroup and Wells Fargo & Co do not allow investors to listen to live audio from their annual meetings.

Comment?

Related Topix: Banking, Financial Services, Citigroup

Wed Apr 16, 2014

Wall Street Journal

Citi Got Mixed Signals From Fed on 'Stress Test'

The Federal Reserve's New York office indicated to Citigroup Inc. that the bank would have more time to fix certain "stress test" planning problems before Fed officials in Washington last month gave it a failing grade, said people close to the company.

Comment?

Related Topix: Financial Services, Citigroup, Banking

Business Wire

Fitch Affirms CGCMT 2013-GCJ11

A detailed list of rating actions follows at the end of this press release. The affirmations are based on the stable performance of the underlying collateral pool.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Citigroup, Phoenix, AZ

The Motley Fool

Dow Rises, But UnitedHealth Group Falls Ahead of Earnings

Stock markets marched higher in Wednesday trading, helped by positive comments from Federal Reserve Chairwoman Janet Yellen.

Comment?

Related Topix: Beverages, United Group, Banking, Financial Services, Citigroup, Medicare

Mortgage News Daily

Surge in Federal Home Loan Bank Borrowing by 4 Biggest Banks

Use of secured loans or advances from the 12 Federal Home Loan Banks by their four largest members has surged over the last two years.

Comment?

Related Topix: Home, Mortgage, Personal Finance, 9, Wells Fargo , Banking, Financial Services, Citigroup

WNYC-AM New York

Are Stockbrokers Becoming an Endangered Species in New York?

Banks are reporting their first quarter earnings this month, and there has been disappointing news.

Comment?

Related Topix: Banking, Financial Services, Citigroup

Reuters

Fitch: Citi's 1Q'14 Earnings Solid in Face of Industry Challenges

CHICAGO, April 15 Citigroup's first quarter 2014 reported results reflect broad industry challenges in fixed income and mortgage banking, according to Fitch Ratings.

Comment?

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

Tue Apr 15, 2014

Forbes.com

Will These Miners Stay Strong?

The rally that I thought at last Friday's close would happen by mid-week came even earlier than I expected.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Financial Markets

BayStreet.ca

Citigroup Beats Wall Street Estimates; Ericsson's Douglas Gilstrap...

Shares of Citigroup Inc. closed up nearly 5% on Monday with almost 52 million shares traded.

Comment?

Related Topix: Financial Services, Citigroup, Banking, Financial Markets

AmericanBankingNews.com

Sterne Agee Reiterates Market Perform Rating for Citigroup

's stock had its "market perform" rating reaffirmed by investment analysts at Sterne Agee in a note issued to investors on Tuesday, Stock Ratings Network.com reports.

Comment?

Related Topix: Financial Services, Citigroup, Banking

KMIZ

Stocks: Trying to hold on to gains

But the Dow Jones Industrial Average, S&P 500 and the Nasdaq were all in slightly negative territory by 10:30a.m. ET.

Comment?

Related Topix: Financial Markets, Johnson & Johnson, Biotech, Johnson and Johnson, Medicine, Johnson and Johnson Merck Consumer Pharmaceuticals, Healthcare Industry, Banking, Financial Services, Citigroup

Iol.co.za

Tokyo stocks close up

Tokyo stocks rose 0.62 percent Tuesday after a rally on Wall Street and as the yen weakened against the dollar in response to upbeat US economic data.

Comment?

Related Topix: Financial Markets, Financial Services, Citigroup, Banking, Vladimir Putin

Canada.com

Closing Bell: TSX, Wall Street advance, but worries about valuations, China and earnings weigh

U.S. stocks cut their gains on Monday, with the Nasdaq falling and the S&P 500 turning nearly flat as biotech shares reversed an early rally to drop sharply.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Citigroup

Channelnewsasia.com

US stocks rise on Citi earnings, retail sales

US stocks rose decisively on Monday after a solid earnings report from Citigroup and encouraging retail sales data, reversing course after deep losses late last week.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Citigroup

Mon Apr 14, 2014

Iol.co.za

Dollar looks solid in Asia

The dollar held firm in Asia on Tuesday after solid retail sales data boosted confidence in the US economy while tensions in Ukraine and speculation over more European Central Bank monetary easing weighed on the euro.

Comment?

Related Topix: Financial Services, European Central Bank, Banking, Citigroup

The Age

Aussie shares follow US market higher

US stocks rose after Citigroup's first-quarter earnings surpassed analysts' forecasts and the US March retail sales jumped 1.1 per cent - its largest gain in more than a year.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Citigroup

Reuters

Citigroup still has a way to go in cost-cutting program

At a meeting with 300 senior Citigroup officials in the first week of February, Chief Executive Michael Corbat said the bank needed to focus on two things above all else this year: expenses and efficiency.

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Related Topix: Financial Services, Citigroup, Banking, Reuters

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