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MetLife Chairman, President & CEO to Speak at Citigroup Conference
(BUSINESS WIRE) ----C. Robert Henrikson, chairman, president and chief executive officer of MetLife, Inc. (NYSE: MET), will present at the Citi 2010 Financial Services Conference on Wednesday, March 10, 2010 at approximately 8:45 a.m. (ET). A live audiomore
Fund Manager Says Citigroup Underpriced
Fairholme fund manager Bruce Berkowitz told Fortune that Citigroup Inc. (NYSE: C) stock was underpriced. Shares of the bank rose 26 cents to close at $3.82. Related Stocks: Powered By: FinancialContent Services, Inc. Nasdaq quotes delayed at least 15more
Oops! Citibank prints 600,000 customer Social Security numbers on envelopes with tax info
Citibank mistakenly printed 600,000 customers' Social Security numbers on the envelopes containing their year end tax statements, the company acknowledged Tuesday. The letters, sent via the U.S. Postal Service in January, had the numbers printed on themore
TRX Reports 2009 Results, Near-Record Margins
Net loss for the fourth quarter was ($0.8) million compared with net loss of ($3.9) million in the fourth quarter of 2008. Total revenues excluding client reimbursements for the fourth quarter of 2009 were $13.8 million compared with $16.4 million in themore
MetLife Chairman, President & CEO to Speak at Citigroup Conference
A live audio Webcast of the presentation will be available over the Internet at http://www.veracast.com/webcasts/citigroup/fs2010/32102218.cfm. Those who want to listen via the Internet should go to the Web site at least fifteen minutes prior to themore
MetLife Chairman, President & CEO to Speak at Citigroup Conferenc...
Company: Metlife Inc. (MET) C. Robert Henrikson, chairman, president and chief executive officer of MetLife, Inc. (NYSE: MET), will present at the Citi 2010 Financial Services Conference on Wednesday, March 10, 2010 at approximately 8:45 a.m. (ET). Amore
Telecoms lead Wall St rise a year after market bottom
By Rodrigo CamposNEW YORK (Reuters) - One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels.Major U.S. averages ended slightly higher as falling commodity pricesmore
Bailed-out bulls stampede
By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) -- Shares of companies that count the U.S. government as a major investor jumped Tuesday. American International Group's stock /quotes/comstock/13*!aig Fannie Mae /quotes/comstock/13*!fnmmore
Financial sector fires on all cylinders
By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) - Shares of American International Group and Citigroup Inc. shares jumped Tuesday, leading the broader financial sector narrowly higher. Citi was one of four companies that count the U.S. government asmore
Zombie Financials Come Alive (C, AIG, FRE, FNM, MET)
Some of the Zombie financials rose from the grave today. Here is the rundown: Citgroup (NYSE: C) up 7.3%, American International Group (NYSE: AIG) up 12.6%, Freddie Mac (NYSE: FRE) up 7.6%, and Fannie Mae (NYSE: FNM) up 5.9%. There were rumorsmore
UPDATE 2-Bailed-out U.S. financial stocks surge
* Fairholme's Berkowitz says Citi underpriced * Fox Business reports U.S. may sell all Citi shares soon (Adds possible government share sale, options; updates stock price) NEW YORK, March 9 (Reuters) - Citigroup Incmore
Why Citigroup Shares Are Leaping Today: Pisani
Select financials moved midday: Citi up 7 percent, Fannie Mae up 13 percent, Freddie Mac up 16 percent, AIGmore
Shares of government-backed companies jump
Shares of companies that count the U.S. government as a major investor jumped Tuesday. American International Group's stock surged 13% on optimism about the insurer's efforts to sell assets and repay billions of dollars in taxpayer support. Fannie Maemore
Gasparino: The Government May Unwind Its Massive Stake In Citigroup As Early As Spring
The U.S. government may sell its massive stake in Citigroup as early as this spring, FOX Business's Charlie Gasparino is reporting. From Charlie's report: Previously, federal officials, including Herbert Allison, who heads the Troubled Asset Reliefmore
Citigroup Offers $2B Trust Preferred Securities
Citigroup on Tuesday is offering about $2 billion in $25 par 30-year trust preferred securities as part of its agreement with regulators on repaying federal bailout funds.more
U.S. Reportedly Could Sell Citi Stake in Next Three Months
The U.S. government is discussing plans to sell its 27% stake in Citigroup as soon as within the next three months, Fox Business Network reported Tuesday.more
Trusted Adviser or Stock Pusher? The Financial Overhaul Bill May Not Settle It
You have probably seen the television commercial, the one where you seem to be watching an intimate conversation between family members. But at the end, you learn that the conversation was actually between a broker and his client. David B. Armstrong, amore
Abhijit Sen Named KKR India CFO
Abhijit Sen has joined KKR as chief financial officer and chief administrative officer of the firm?s Indian operations. He is the former South Asia CFO for Citigroup. PRESS RELEASE KKR today announced the appointment of Abhijit Sen, formerlymore
Stocks Eke Out Gain; Citi Jumps, Cisco Skids
Stocks eked out a modest gain Tuesday as this one-year anniversary of the March 2009 lows brought a mix of profit-taking and optimism. The Dow Jones Industrial Average gained about 10 points, or 0.1 percent, closing above 10,560. The S&P 500 added 0.1more
U.S. Government May Unload 27% Stake In Citigroup (C) - Zibb.com
Company: Citigroup, Inc. (C) 3/9/2010- The U.S. government is discussing plans to sell its stake in Citigroup (NYSE:C) as early as this spring, according to a FOX Business report. Federal officials said previously that they plan to unload themore
MetLife Chairman, President & CEO to Speak at Citigroup Conference
NEW YORK - (Business Wire) C. Robert Henrikson, chairman, president and chief executive officer of MetLife, Inc. (NYSE: MET), will present at the Citi 2010 Financial Services Conference on Wednesday, March 10, 2010 at approximately 8:45 a.m. (ET). A livemore
Cramer's 'Stop Trading': Citi, AIG, Cisco
YORK (TheStreet) -- Chatter has begun to build that the government plans to sell its 27% stake Citigroup(C) within the next three months -- and Jim Cramer, on his Stop Trading! segment on CNBC, announced that he's all bullish as ever regarding the stock.more
Stocks Struggle; Citi Jumps as Cisco Skids
Stocks gave up their earlier gains in the final hour of trading Tuesday as this one-year anniversary of the March 2009 lows brought a mix of profit-taking and optimism. It's hard to believe, this time last year, the Dow was at 6,547. Traders had expectedmore
Cramer: Your Trades on Citi & AIG
Citigroup and American International Group were some of the big newsmakers of the day, with Citi expected to issue preferred shares after the close and AIG surging about 12%. Cramer during Tuesday?s Stop Trading! offered his calls on the stocks. Themore
After 52 years, Daimler sells stake in Tata Motors
MUMBAI: The over fifty-year-old association between Daimler and Tata Motors came to an end as the German carmaker sold its entire 5.34% stake (2.56 crore shares) in India's largest automobile company for Rs 1,861 crore on Tuesday. The sale was executedmore
C:NYSE: Citigroup to Sell TruPS After Repaying Bailout Funds
stocks C:NYSE, Citigroup Inc C:NYSE Citigroup Inc » stocks Citigroup Inc (C:NYSE). plans to sell 30-year trust preferred securities as the bank seeks to bolster capital after repaying bailout funds provided by the U.S. government. Shares rose the mostmore
Bank prints S.S. numbers on envelope
CHICAGO, March 9 (UPI) -- A Chicago Citibank mailed year-end tax statements to 600,000 customers that included the customers' Social Security numbers, bank officials said. Citibank said the letters sent in late January with Social Security numbers on themore