citigroup May 9, 2011

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citigroup May 9, 2011

Post  Admin on Mon May 09, 2011 1:41 pm

NEW YORK (Reuters) - Citigroup Inc shares struggled on the first day after a 1-for-10 reverse stock split, an action that often fails to improve investors' opinion of a company. The third-largest US bank by assets,. The Bedford Report examines the outlook for companies in the Financial Sector and provides research reports on Bank of America Corporation (NYSE: BAC) and Citigroup, Inc. (NYSE: C). Access to the full company reports can be found at: Citigroup's. Shares of Citigroup Inc. (C - 44.31) and Nvidia Corporation (NVDA - 19.46) are attracting attention during the first half of the session, with both stocks making notable moves as a result. C is slipping into the red, despite making its first trip into. Among stocks in focus, Citigroup (C) slipped after its 1-for-10 reverse stock split went into effect. The reverse split reduced the number of outstanding shares of Citi's common stock from roughly 29 billion to 2.9 billion. Tyson Foods (TSN) fell after. NEW YORK (MarketWatch) Increased stocks at apparel and shoe manufacturers could mean higher discounts and gross margin pressures should demand not pan out, according to a Citigroup report. First-quarter inventory growth. Equities research analysts at Citigroup (NYSE: C) upgraded shares of Concho Resources Inc. (NYSE: CXO) from a sell rating to a hold rating in a research note to investors on Friday. The analysts currently have a $95.00 price target on the stock.. Last week, though, Citigroup (C), the stock, post-split, took a lot of mindshare, which led me to believe that there is way too much hot money in that stock, still, despite a plethora of bad news about the banks and a recognition that the governments. Equities research analysts at Morgan Stanley (NYSE: MS) upgraded shares of Citigroup (NYSE: C) from a neutral rating to an overweight rating in a research note to investors on Friday. The analysts currently have a $6.00 price target on the stock.. Equities research analysts at Citigroup (NYSE: C) boosted their price target on shares of Petrohawk Energy (NYSE: HK) from $20.00 to $24.00 in a research note to investors on Friday. Separately, analysts at FBR Capital (NASDAQ: FBCM) raised their price. JAKARTA/NEW DELHI: Indonesia's central bank has barred Citigroup from opening new branches in that country for one year besides slapping a slew of sanctions amid findings that the global banking major has violated various regulations in the country..

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