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<title>Finance Industry Today: Citigroup Inc. News</title>
<link>http://finance.einnews.com/news/citigroup-inc</link><description>Constantly updated news and information about finance industry.</description><item>
<title>Why the world&apos;s economies are sinking</title>
<link>http://finance.einnews.com/news.php?wid=179383456</link>
<pubDate>20 Jul 2008 09:53 GMT</pubDate>
<description>
...  funds in the United Arab Emirates and Singapore that came to the rescue of Citigroup Inc. and Merrill Lynch &amp; Co. with emergency cash injections, becoming the largest shareholders in  ...
</description>
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<title>In this economy, failure is an option</title>
<link>http://finance.einnews.com/news.php?wid=179374804</link>
<pubDate>20 Jul 2008 07:29 GMT</pubDate>
<description>
...  of concern about the banking system, markets suddenly calmed when three major institutions -- Citigroup Inc., Wells Fargo &amp; Co. and JPMorgan Chase &amp; Co. -- reported better-than-expected results. Few  ...
</description>
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<title>Think of this economy as a series of summer storms</title>
<link>http://finance.einnews.com/news.php?wid=179373498</link>
<pubDate>20 Jul 2008 06:57 GMT</pubDate>
<description>
...  of concern about the banking system, markets suddenly calmed when three major institutions -- Citigroup Inc., Wells Fargo &amp; Co. and JPMorgan Chase &amp; Co. -- reported better-than-expected results. Few  ...
</description>
</item><item>
<title>Amid tech declines, Dow posts gains for Friday, week</title>
<link>http://finance.einnews.com/news.php?wid=179373167</link>
<pubDate>20 Jul 2008 06:56 GMT</pubDate>
<description>
...  but posted a weekly gain, as financials shares struggled to regain their footing after Citigroup Inc. reported smaller-than-expected losses but Merrill Lynch &amp; Co. disappointed. The technology sector weighed heavily  ...
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<title>Bank stocks look cheap, but buyers remain...</title>
<link>http://finance.einnews.com/news.php?wid=179369521</link>
<pubDate>20 Jul 2008 06:17 GMT</pubDate>
<description>
...  abating. The market was clearly relieved by the upbeat financial sector earnings reports from Citigroup Inc., JPMorgan Chase &amp; Co. this past week. But while the old rule on the  ...
</description>
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<title>Bank stock failing to lure</title>
<link>http://finance.einnews.com/news.php?wid=179366047</link>
<pubDate>20 Jul 2008 05:30 GMT</pubDate>
<description>
... The market was clearly relieved by the upbeat financial sector earnings reports from Citigroup Inc., JPMorgan Chase &amp; Co. this past week. But while the old rule on the  ...
</description>
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<title>Chase beats earnings forecast</title>
<link>http://finance.einnews.com/news.php?wid=179363327</link>
<pubDate>20 Jul 2008 04:32 GMT</pubDate>
<description>
...  on mortgage-tainted assets through the second quarter, a fraction of the $43 billion at Citigroup Inc., which reports earnings today. Shares of the company rose $4.86 to $40.80 Thursday. Second-quarter  ...
</description>
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<title>Michelin sharesdecline 6.3 percent</title>
<link>http://finance.einnews.com/news.php?wid=179363322</link>
<pubDate>20 Jul 2008 04:32 GMT</pubDate>
<description>
...  1.95 percent, and the S&amp;P rose 1.71 percent. The market was clearly pleased when Citigroup Inc., while reporting a second-quarter loss Friday morning, beat analysts&apos; forecasts and joined Wells Fargo  ...
</description>
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<title>Citigroup tops 2nd-quarter expectations</title>
<link>http://finance.einnews.com/news.php?wid=179362639</link>
<pubDate>20 Jul 2008 04:31 GMT</pubDate>
<description>
...  are anticipated to reveal losses, too, with expected to report a steep profit decline. Citigroup Inc.&apos;s securities and banking division wrote down the value of its assets by $7.2 billion,  ...
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<title>BUSINESS: Citigroup posts $2.5B loss, but beats expectations</title>
<link>http://finance.einnews.com/news.php?wid=179362450</link>
<pubDate>20 Jul 2008 04:31 GMT</pubDate>
<description>
...  Analysts surveyed by Thomson Financial had predicted a larger loss of 66 cents share. Citigroup Inc.&apos;s securities and banking division wrote down the value of its assets by $7.2 billion,  ...
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<title>Citi posts $2.5 bil loss; beats expectations</title>
<link>http://finance.einnews.com/news.php?wid=179360419</link>
<pubDate>20 Jul 2008 04:29 GMT</pubDate>
<description>
...  than the 66-cent-per-share loss that analysts, on average, were expecting, according to Thomson Financial. Citigroup Inc.&apos;s securities and banking division wrote down the value of its assets by $7.2 billion,  ...
</description>
</item><item>
<title>Citigroup shares rise despite net loss</title>
<link>http://finance.einnews.com/news.php?wid=179360418</link>
<pubDate>20 Jul 2008 04:29 GMT</pubDate>
<description>
... NEW YORK - Citigroup Inc. rose in New York trading after reporting a smaller-than-estimated loss on fewer mortgage-bond writedowns,  ...
</description>
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<title>Bank stocks look cheap, but buyers...</title>
<link>http://finance.einnews.com/news.php?wid=179355126</link>
<pubDate>20 Jul 2008 03:17 GMT</pubDate>
<description>
...  abating. The market was clearly relieved by the upbeat financial sector earnings reports from Citigroup Inc., JPMorgan Chase &amp; Co. this past week. But while the old rule on the  ...
</description>
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<title>1.8 Billion IPO as Stocks Collapse Starts By Emaar MGF</title>
<link>http://finance.einnews.com/news.php?wid=179352375</link>
<pubDate>20 Jul 2008 01:55 GMT</pubDate>
<description>
...  Hyatt Corp., Accor SA and Whitbread Plc, among others, Gupta said. Emaar MGF hired Citigroup Inc., Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase &amp; Co., Merrill Lynch &amp;  ...
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<title>THE RUPEE: dollar, euro turn lower on currency market</title>
<link>http://finance.einnews.com/news.php?wid=179344022</link>
<pubDate>19 Jul 2008 22:58 GMT</pubDate>
<description>
THE RUPEE: dollar, euro turn lower on currency market KARACHI (July 20 2008): Firmness prevailed on the currency market on Saturday as the rupee strengthened  ...
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