Wednesday, December 03rd, 2008

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Posts Tagged ‘ Citi ’

5 Financial Crisis ‘Aftershocks’ You Must Prepare For Today

Nov 18th, 2008 | By William Patalon III | Category: Top Story

Investors are fleeing the stock market as the rules of the game keep changing. But if you know what the next shift will be, you can stay ahead of the curve. Shah Gilani outlines the five coming “aftershocks” of this financial crisis, and what they mean for your portfolio.



Base Metals Mixed, Aluminum and Copper Stocks on the Rise

Nov 3rd, 2008 | By Doug Casey | Category: Financial News

The base metals were mixed on Friday. Copper fell from the pre-dawn hours to the New York open, but rallied from there, regaining much of the lost ground though it failed to break even, finishing at $1.893/lb., down 4 1/3 cents.



Why the Buy-to-Let Carnage is Just Beginning

Jun 3rd, 2008 | By John Stepek | Category: Real Estate Investments

Banks haven’t exactly been covering themselves in glory recently. The sector has gone from one pratfall to another ever since Northern Rock first warned it was in trouble last summer.



Citigroup Losses $5B, Cuts 9,000 Jobs, Stock Jumps 8%

Apr 18th, 2008 | By Contrarian Profits | Category: Featured, Financial News

From the Five Minute Forecast, “Citi came clean with another $12.1 billion in write-downs. They announced a $5 billion first-quarter loss this morning, too.

The loss is larger than expected, but a higher-than-expected top-line earnings number has given traders reason to celebrate, apparently. Ticker C rocketed up over 8% in premarket trading. Our best guess: A known loss is better than the great abyss. And there are still plenty of folks willing to time the bottom in any one of these behemoth Wall Street banks.



Boomers Say, “What, Me Worry?,” Goldman Issues Gloomy Forecast, Here Comes Another $250 Billion Problem, and More!

Apr 15th, 2008 | By Addison Wiggin | Category: International Investing

Gen X wonders if it can ever retire. As Wall Street waits for Citi and Merrill shoes to drop, Goldman issues gloomy forecast. As if write-downs weren’t enough, here comes another $250 billion problem. A 17% first-quarter loss…When hedge funds don’t hedge. Coal prices shoot skyward… The sector ideally positioned to benefit.