CITIGROUP
[b]Citigroup Is a Strong Buy: Poll[/b]
Afinal, segundo este artigo, tenho-as mais baratas que os hedge funds
Entretanto a GS é dos poucos a dizer para vender. Devem querer comprar mais barato do que está mas acho dificil. O C está no bom caminho e já pagou quase 50% do bailout.

Entretanto a GS é dos poucos a dizer para vender. Devem querer comprar mais barato do que está mas acho dificil. O C está no bom caminho e já pagou quase 50% do bailout.
By Eric Rosenbaum 02/20/10 - 10:00 AM EST
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Add CommentStock quotes in this article: C NEW YORK (TheStreet)
Citigroup Incorporated| C DOWNWarren Buffett, George Soros and John Paulson all released their quarterly portfolio changes in filings with the Securities and Exchange Commission.
Among all the notable buys and sells from the grand masters of American -- and Hungarian -- capitalism, were big bets placed on Citigroup(C Quote) by hedge fund gurus Paulson and Soros. Paulson -- who has already called his shot as far as a recovery in the U.S. banking sector with existing big stakes in Citi and Bank of America(BAC Quote) -- bought another 200 million shares of Citi in the fourth quarter.
Soros matched Paulson's bullish call on Citi, with his hedge fund taking its first big stake in Citigroup, buying up 95 million shares in the fourth quarter. Soros' Citi buying spree equaled $313 million worth of Citi shares at year's end.
The combined 300 million Citigroup shares snatched up by the hedge fund greats certainly caught the attention of the markets, as Citi was up more than 4% on the day after the SEC filings were made.
Citi began the past week at $3.18 and closed on Friday at $3.42 -- the highest closing price for Citi since Jan. 20.
Still, as a great as an investor's reputation may be, investing hindsight only goes so far in providing the investing masses with market intelligence, and fourth quarter buys are not distant, but still recent, history. Nevertheless, if you look back through Citigroup shares historical pricing in the fourth quarter, the hedge fund managers may have been buying shares at a price higher than the price Citigroup shares closed at on Friday.
Citigroup shares were above $4 for most of the fourth quarter, and did not reach a level near Friday's close of $3.42 until Dec. 16. Possibly Paulson and Soros were buying Citigroup shares in droves in the final two weeks of the fourth quarter.
More on C
Top 2010 Bank StocksCiti, Schwab: Financial Winners & LosersPaulson and Soros Buy Citi -- Would You?Small Banks Feeling TruPS BurdenJim Cramer's Portfolios of the WeekMarket Activity
Citigroup Incorporated| C DOWNEven if they were doing their buying in the final weeks, it would still mean that investors buying this week would be getting into Citigroup shares at a price equivalent to where the masters of the investing universe believe Citigroup shares are priced right.
Maybe investing hindsight is 20/20 in the case of the hedge funds and Citi.
In that case, it's fair to ask whether Citigroup's current share price, coupled with the fact that investing luminaries Soros and Paulson liked it at what was at least an equivalent if not even higher price, makes for an attractive banking-sector buy -- for everyone but Meredith Whitney, that is.
So we asked the banking-hawk community of TheStreet readers, Do you think George Soros and John Paulson are right, and Citigroup is a buy?
Now, before getting to the results, let's at least provide a modicum of caution: there are not only a fair share of banking sector hawks out there among TheStreet readers, but a fair share of TheStreet readers with large share positions in Citigroup who would like to see nothing more than the value of their shares go ever-higher.
So it is with this caveat that the survey of TheStreet readers reports that 77% of survey takers think Citigroup shares are a strong buy, even with the Soros and Paulson moves amounting to no more than an investing rearview mirror.
Only 4% of survey takers indicated that now is time to dump Citigroup shares, and one can imagine that Goldman Sachs(GS Quote)' Lloyd Blankfein, Morgan Stanley's(MS Quote) John Mack, and JPMorgan Chase's(JPM Quote) Jamie Dimon, are probably among this select group.
More on C
Top 2010 Bank StocksCiti, Schwab: Financial Winners & LosersPaulson and Soros Buy Citi -- Would You?Small Banks Feeling TruPS BurdenJim Cramer's Portfolios of the WeekMarket Activity
Citigroup Incorporated| C DOWNNotable alongside the Citigroup bulls was that a combined 19% of survey takers did express a level of caution about Citigroup's outlook.
Approximately 12% of respondents said that while the currently hold Citigroup shares, they would not add to their positions. While another 7% of survey respondents said that they remain ambivalent about Citigroup shares, and believe the U.S. banking sector offers better buys.
Um abraço e bons negócios.
Artur Cintra
Artur Cintra
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UPDATE: Finerman's Fine Print: Citi
Published: Thursday, 18 Feb 2010 | 5:37 PM ET Text Size By: Lee Brodie
Producer
What do the biggest Wall Street whales like to eat? A big, fat government backstop in Citigroup [C 3.43 0.02 (+0.59%) ] appears to be the bait that snagged some of the biggest investors in the world. We’re talking Lampert, Soros, and Paulson – the latest 13F filings show they all added significantly to their stakes.
Q4 HOLDINGS: CITIGROUP (C)
ADDED TOTAL
GEORGE SOROS 95MLN 95MLN
JOHN PAULSON 207MLN 507MLN
EDDIE LAMPERT 12MLN 31MLN
What’s the trade?
When you look at the book value as compared to BofA [BAC 15.88 0.22 (+1.4%) ] and JPMorgan [JPM 40.41 0.37 (+0.92%) ], Citi's stock is cheap, says Karen Finerman. If credit quality improves Citi may perform. And it’s worth noting that Citi is cheaper now that it was all last quarter. If you buy now, you’re probably getting the stock for less than these whales.
If you do the math the risk reward is starting to look attractive to me as wel, adds Tim Seymour.
I think Citi is a $4.50 stock, says counters Macquarie analyst David Trone.
Um abraço e bons negócios.
Artur Cintra
Artur Cintra
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Paulson Betting Big on Gold, Citi
Outro! Isto qualquer dia dispara, com tantos a entrarem no C.
tickerspy.com Staff , On Wednesday February 17, 2010, 8:53 am
John Paulson, the most successful, high-profile hedge fund manager of the last several years maintained a massive position in gold in his end-of-2009 portfolio and added to a large stake in Citigroup (NYSE: C - News), while cutting back on his stake in Citi's rival Bank of America (NYSE: BAC - News).
Paulson shot to Wall Street stardom over the course of the financial crisis thanks to prescient bets against sub-prime mortgages and a run of strong returns for his hedge funds. More recently, Paulson has emerged as something of a gold bug, taking major positions in the metal and starting a gold fund this year. According to Bloomberg, Paulson's gold fund lost 14% in January as gold retreated from highs.
Paulson uses complex securities to make many of his investments, but his funds also hold stocks, often those involved in so-called "special situations," usually M&A activity where Paulson looks for arbitrage opportunities to squeeze out some profit.
Looking at Paulson's top, U.S.-listed, equity holdings from the end of 2009, one can see that he has a massive stake in the SPDR Gold Trust (NYSE: GLD - News). Positions in miners Kinross Gold (NYSE: KGC - News), where he was increasing his stake, and AngloGold Ashanti (NYSE: AU - News), where he was holding steady, rounded out his exposure to gold at the end of 2009.
In addition, alongside his Citi and Bank of America bets, Paulson also opened a new position in Wells Fargo (NYSE: WFC - News) and increased his stake in SunTrust Banks (NYSE: STI - News).
Meanwhile, Paulson was opening new stakes in cable television provider Comcast (NASDAQ: CMCSA - News) and oil and natural gas producer XTO Energy (NYSE: XTO - News).
Paulson's other top positions at the end of 2009 were primarily arbitrage plays involved in M&A deals.
If you want to see how your performance stacks up to Paulson's and see the rest of his firm's top holdings, visit tickerspy.com to see the Paulson's top stocks and a chart of their combined performance.
Pro portfolio performance is based on institutions' top-15 holdings as disclosed in quarter-end filings with the SEC. Pro performance does not take into account additional holdings beyond the top 15 nor does it include positions that are not required to be disclosed by the SEC. As such, Pro portfolio performance should be considered an approximation and not a precise record of how an institution has performed over time.
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Um abraço e bons negócios.
Artur Cintra
Artur Cintra
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Soros doubled gold ETF investment, buys Citi
Continuo com as minhas, apesar de um preço ligeiramente acima do Soros e de uma quantidade muito inferior. Preferia que fosse o oposto...

BOSTON (Reuters) - Billionaire investor George Soros' hedge fund more than doubled its bet on the price of gold during the fourth quarter, a portion of the firm's total U.S.-listed equity holdings of $8.8 billion at the end of 2009.
The New York-based firm also disclosed in a filing on Tuesday with the U.S. Securities and Exchange Commission that it bought almost 95 million shares of Citigroup (NYSE:C - News) during the quarter, worth $313 million by the end of the year. Soros reported no holdings of the troubled bank's shares at the end of the third quarter.
Soros Fund Management owned 6.2 million shares of SPDR Gold Trust (Pacific:GLD - News) -- an exchange-traded fund that owns gold bullion -- at the end of the year worth $663 million. That was up from 2.5 million shares at the end of the third quarter.
Soros and other noted investors like John Paulson have previously touted gold as a hedge against inflation, further economic turmoil or a decline in the value of the U.S. dollar. Last month at the World Economic Forum in Davos, Soros said "the ultimate asset bubble is gold," but he declined to say whether he was investing in the precious metal.
The filing for the end of the fourth quarter revealed no listing for Canadian chemicals manufacturer Potash Corp of Saskatchewan (Toronto:POT.TO - News), Soros' largest holding at the end of the third quarter.
That could indicate that the almost 3 million share investment was sold during the fourth quarter. But large investors occasionally leave off major holdings when they are trading the position and disclose their investment in a confidential filing with the SEC or in a subsequent amendment to their public report.
The firm does not comment on its holdings, a spokesman said.
Soros' most recent SEC filing also revealed large bets on seed producer Monsanto (NYSE:MON - News) and Brazilian gas and oil giant Petroleo Brasileiro SA (Sao Paolo:PETR4.SA - News; NYSE:PBR - News), also known as Petrobras.
The firm held 3.9 million shares of Monsanto at the end of the fourth quarter, up from 1.1 million three months earlier.
Soros also reported a stake of 7.7 million shares of Petrobras's U.S. ADRs, worth $369 million, and a slight increase from the 7.4 million receipts held at the end of the third quarter. Soros had another 5.9 million shares of nonvoting ADRs worth $249 million, virtually unchanged from his holding three months earlier.
Soros also reported raising his holdings in oil company Hess Corp (NYSE:HES - News) and telecommunications company AT&T Inc (NYSE:T - News) among others.
According to the regulatory filing, Soros Fund Management raised its holding in carmaker Ford Motor Co (NYSE:F - News) to 10.9 million shares from 7.3 million shares at the end of the third quarter, when Soros started to accumulate his position.
Soros also raised his holdings of AT&T for the second straight quarter to 4.7 million shares at the end of the fourth quarter from 4.2 million shares at the end of the third quarter.
Large investors such as Soros are required to report holdings of U.S.-listed equities at the end of each quarter, but not short positions or holdings of other securities like bonds and over-the-counter derivatives contracts. Investors are also allowed to file some holdings on confidential reports if they are trading into or out of a position at the end of a quarter.
(Reporting by Aaron Pressman, Ros Krasny and Svea Herbst-Bayliss; Editing by Andre Grenon, Steve Orlofsky and Phil Berlowitz)
Um abraço e bons negócios.
Artur Cintra
Artur Cintra
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Que eu visse, só fez uma vela verde bem bonita.. E ao Qual só consigo justificar com o MOMENTUM..
Quanto ao Citi, acho precisa de umas noticias para animar isto..
retenho este comentario sobre o citi e que ja foi escrito acima:
"Is it cheap? Certainly not as cheap as Goldman, JPMorgan(JPM Quote) or Bank of America(BAC Quote). But it's got huge leverage, and when the Citigroup Holdings becomes just an asterisk, you will see real earnings power. "
O Citigroup pode disparar amanha ou daqui a uma semana, who Knows??? Uma coisa eu sei, tem um suporte nos 3,15 e dai para baixo parece nao querer baixar..
Bons negocios
Nuno Brandao
Quanto ao Citi, acho precisa de umas noticias para animar isto..
retenho este comentario sobre o citi e que ja foi escrito acima:
"Is it cheap? Certainly not as cheap as Goldman, JPMorgan(JPM Quote) or Bank of America(BAC Quote). But it's got huge leverage, and when the Citigroup Holdings becomes just an asterisk, you will see real earnings power. "
O Citigroup pode disparar amanha ou daqui a uma semana, who Knows??? Uma coisa eu sei, tem um suporte nos 3,15 e dai para baixo parece nao querer baixar..
Bons negocios
Nuno Brandao
- Anexos
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- aig.png (26.37 KiB) Visualizado 9924 vezes
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- c.png (28.93 KiB) Visualizado 9922 vezes
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AIG
Boas a todos,
Sei que não tem nada a haver com o C, mas alguém que acompanha o mercado americano me pode dar uma explicação para a vela que a AIG fez no final da sessão de hoje... estou confuso, extremamente confuso...
Abraços a todos
Kifko
Sei que não tem nada a haver com o C, mas alguém que acompanha o mercado americano me pode dar uma explicação para a vela que a AIG fez no final da sessão de hoje... estou confuso, extremamente confuso...
Abraços a todos
Kifko
- Mensagens: 93
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Estamos sob um grande suporte a meu ver :
Uma big picture:
On Feb. 3, Cramer wrote to his blog:
"Don't look now, but Citigroup's slowly but surely moving up. The question is, why?
"Some theories:
"First, you are starting to read stories about their international businesses which are very strong -- check out the Mexico piece in this morning's Journal.
"Third, somehow Citigroup, with the Volcker rule, has fallen off the radar screen. It's just not picked on.
"Finally, technically the stock held. Last night I got a call on the stock, someone who wanted to dump it. I told them that's nonsensical. The stock's been through hell -- it's coming out of it.
"Is it cheap? Certainly not as cheap as Goldman, JPMorgan(JPM Quote) or Bank of America(BAC Quote). But it's got huge leverage, and when the Citigroup Holdings becomes just an asterisk, you will see real earnings power.
"The stock acts well. It just lacks sponsorship. I believe its second dip down to the level of the big offering and the subsequent creep up signals that you have a solid call on a solid turn in the banking biz."
http://www.onn.tv/mad-about-options/cra ... tigroup-c/
Goldman Sachs'(GS Quote) influential equity research department reinstated Citigroup(C Quote) stock with an honest-to-goodness rating, albeit a neutral one
Among the insights offered by Goldman in its fairly bullish Citigroup summation: that the bank has "capital and liquidity levels higher than its peers" and that buying the stock at current levels "looks tempting."
Como no poker entra-se e jogas o jogo da paciência
Uma big picture:

On Feb. 3, Cramer wrote to his blog:
"Don't look now, but Citigroup's slowly but surely moving up. The question is, why?
"Some theories:
"First, you are starting to read stories about their international businesses which are very strong -- check out the Mexico piece in this morning's Journal.
"Third, somehow Citigroup, with the Volcker rule, has fallen off the radar screen. It's just not picked on.
"Finally, technically the stock held. Last night I got a call on the stock, someone who wanted to dump it. I told them that's nonsensical. The stock's been through hell -- it's coming out of it.
"Is it cheap? Certainly not as cheap as Goldman, JPMorgan(JPM Quote) or Bank of America(BAC Quote). But it's got huge leverage, and when the Citigroup Holdings becomes just an asterisk, you will see real earnings power.
"The stock acts well. It just lacks sponsorship. I believe its second dip down to the level of the big offering and the subsequent creep up signals that you have a solid call on a solid turn in the banking biz."
http://www.onn.tv/mad-about-options/cra ... tigroup-c/
Goldman Sachs'(GS Quote) influential equity research department reinstated Citigroup(C Quote) stock with an honest-to-goodness rating, albeit a neutral one
Among the insights offered by Goldman in its fairly bullish Citigroup summation: that the bank has "capital and liquidity levels higher than its peers" and that buying the stock at current levels "looks tempting."
Como no poker entra-se e jogas o jogo da paciência

User mudou de nick - > Wallstreetrader
- Mensagens: 1207
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Bom dia..
http://www.nasdaq.com/aspx/nlstrades.as ... selected=C
Neste site tem o volume de titulos transacionados e o preço da transacção..
Cumps
Nuno Brandao
http://www.nasdaq.com/aspx/nlstrades.as ... selected=C
Neste site tem o volume de titulos transacionados e o preço da transacção..
Cumps
Nuno Brandao
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Boas
Ac e normalmente já o mercado esta a descontar isto antecipadamente quando as news saem cá para fora.
BTW o governo detém uma parcela jeitosa de 27% no Citigrop.
Alguém sabe aonde se pode consultar os movimentos(compras) diários como a euronext de Lisboa, pois andei a procura e não encontrei e queria ver os movimentos da C , obrigado ?
"Jim Cramer’s Lightning Round: Buy Citigroup Inc. (NYSE:C), Sell Burger King Holdings Inc. (NYSE:BKC)
Bullish
McDonald’s Corporation (NYSE:MCD), Citigroup Inc. (NYSE:C), Procter & Gamble Company (NYSE:PG) and Windstream Corporation (NYSE:WIN).
Citigroup (C): "I think that Citigroup is going to be 60% international and 40% domestic by 2012... finally, the book value here is $4 and change… it deserves to sell at premium to book… I think that it can make a dollar, if they did not force them to do all that stock… the stock would be at $5 already… and I do like…"
Ac e normalmente já o mercado esta a descontar isto antecipadamente quando as news saem cá para fora.
BTW o governo detém uma parcela jeitosa de 27% no Citigrop.
Alguém sabe aonde se pode consultar os movimentos(compras) diários como a euronext de Lisboa, pois andei a procura e não encontrei e queria ver os movimentos da C , obrigado ?
"Jim Cramer’s Lightning Round: Buy Citigroup Inc. (NYSE:C), Sell Burger King Holdings Inc. (NYSE:BKC)
Bullish
McDonald’s Corporation (NYSE:MCD), Citigroup Inc. (NYSE:C), Procter & Gamble Company (NYSE:PG) and Windstream Corporation (NYSE:WIN).
Citigroup (C): "I think that Citigroup is going to be 60% international and 40% domestic by 2012... finally, the book value here is $4 and change… it deserves to sell at premium to book… I think that it can make a dollar, if they did not force them to do all that stock… the stock would be at $5 already… and I do like…"
User mudou de nick - > Wallstreetrader
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Batmax Escreveu:Boas
Eu normalmente quando vejo este tipo de recomendações da-me a sensação que há algum interesse por detrás, pois já com a Lcc foi a mesma coisa quando estava a $2 e vejam quanto esta agora
Pois, tens muitos anos de bolsa.......

AC Investor Blog
www.ac-investor.blogspot.com -
Análises Técnicas de activos cotados em Wall Street. Os artigos do AC Investor podem também ser encontrados diariamente nos portais financeiros, Daily Markets, Benzinga, Minyanville, Solar Feeds e Wall Street Pit, sendo editor e contribuidor. Segue-me também no Twitter : http://twitter.com/#!/ACInvestorBlog e subscreve a minha newsletter.
www.ac-investor.blogspot.com -
Análises Técnicas de activos cotados em Wall Street. Os artigos do AC Investor podem também ser encontrados diariamente nos portais financeiros, Daily Markets, Benzinga, Minyanville, Solar Feeds e Wall Street Pit, sendo editor e contribuidor. Segue-me também no Twitter : http://twitter.com/#!/ACInvestorBlog e subscreve a minha newsletter.
S&P Ratings Services revised its outlook on both Bank of America /quotes/comstock/13*!bac/quotes/nls/bac (BAC 14.55, +0.07, +0.47%) and Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.18, +0.03, +0.96%) to negative from stable. The rating agency also affirmed the banks' counterparty credit and debt ratings at A/A-1, respectively.
"The outlook revision reflects our increased uncertainty about the U.S. government's willingness to provide additional extraordinary support to highly systemically important financial institutions in a way that benefits debt holders," S&P credit analyst John Bartko wrote.
"The outlook revision reflects our increased uncertainty about the U.S. government's willingness to provide additional extraordinary support to highly systemically important financial institutions in a way that benefits debt holders," S&P credit analyst John Bartko wrote.
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Citigroup (NYSE) - 4/Fev (Qui)
As quedas dos últimos meses do Citigroup desenharam um Canal Descendente facilmente identificável e que dá-nos uma boa noção da pressão vendedora à qual o título está sujeito.
Neste exacto momento parece-me que a cotação está a testar em força o seu suporte na zona dos $ 3,15 que, como podem reparar no gráfico, localiza-se aproximadamente à meio do seu Canal Descendente.
Terá este suporte força suficiente para segurar as quedas que se acumulam desde meados de Setembro/2009? Pessoalmente eu acredito que não, mas é esperar para ver o desenrolar deste teste. Para já, desaconselho completamente qualquer entrada no Citigroup.

Neste exacto momento parece-me que a cotação está a testar em força o seu suporte na zona dos $ 3,15 que, como podem reparar no gráfico, localiza-se aproximadamente à meio do seu Canal Descendente.
Terá este suporte força suficiente para segurar as quedas que se acumulam desde meados de Setembro/2009? Pessoalmente eu acredito que não, mas é esperar para ver o desenrolar deste teste. Para já, desaconselho completamente qualquer entrada no Citigroup.


"Es gibt keine verzweifelten Lagen, es gibt nur verzweifelte Menschen" - Heinz Guderian
Trad. "Não existem situações desesperadas, apenas pessoas desesperadas"
Cartago Technical Analysis - Blog
Trad. "Não existem situações desesperadas, apenas pessoas desesperadas"
Cartago Technical Analysis - Blog
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Considero que o C esteja num momento decisivo..
Suportes a $3.20, $3.13 e $3.00. Até que ponto aquele duplo toque irá formar uma subida como a de julho passado?
Ou então uma subida até aos $3.70... que foi o maximo deste ano..??
Alguém deixe a sua opinião!!

Suportes a $3.20, $3.13 e $3.00. Até que ponto aquele duplo toque irá formar uma subida como a de julho passado?
Ou então uma subida até aos $3.70... que foi o maximo deste ano..??
Alguém deixe a sua opinião!!


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The world is such because you are such!
Caravagio
The world is such because you are such!
Caravagio
Citigroup loses $7.8B in 4Q
Apesar dos resultados negativos, pareceram de alguma forma o ressuscitar do banco, inclusive começaram a pagar ao Estado.
Entrei hoje, de novo, no Citigroup.
Entrei hoje, de novo, no Citigroup.
Citigroup's loan losses start to decline; still loses $7.8 billion as it repays bailout money
NEW YORK (AP) -- Citigroup Inc. became the latest bank to take a cautious view of consumers' credit problems, reporting a $7.77 fourth-quarter loss due to failed loans and the costs of repaying government bailout money.
The bank said Tuesday it did see some early signs of improvement in its credit business although it still needed to set aside $8.18 billion to cover unpaid loans. That amount was down 10 percent from the third quarter, and 36 percent from a year earlier.
John Gerspach, Citigroup's chief financial officer, reported one of those improving signs during a conference call with the media, noting that the number of mortgage and credit card loans that were newly delinquent, or between one and three months past due, had started to stabilize and even drop in some of its lending portfolios.
However, "the U.S. credit story is still very much developing," Gerspach said.
Gerspach's comments were similar to those made by JPMorgan Chase & Co. when it reported Friday that it earned $3.28 billion during the fourth quarter thanks to its strong investment banking unit. JPMorgan said it set aside $7.28 billion for failed loans during the fourth quarter, nearly identical to the amount it reserved for bad loans during the final quarter in 2008. It also warned that it didn't know when it would be able to stop adding to its loan reserves.
2009 was a year of drastic change at Citigroup, the big bank hit hardest by the credit crisis and recession. It may turn out to have the poorest fourth-quarter showing among the big banks, as it lacks the big investment bank and trading operations that have helped other companies like JPMorgan Chase offset their losses from bad loans.
The bank, which received $45 billion in government bailout money, repaid $20 billion during the fourth quarter and raised an equal amount of capital to fund the repayment. It shed 100,000 jobs during the year and completed 14 asset sales, including the Smith Barney brokerage and Japanese units Nikko Cordial Securities and Nikko Asset Management.
The bank's loss after accounting for payment of preferred dividends came to almost $7.77 billion, or 33 cents per share. That compared with a loss of $18.16 billion, or $3.40 a share, a year earlier. In the third quarter of 2009, it earned $101 million.
The latest results were in line with analysts' expectations, according to Thomson Reuters. Citigroup lost 6 cents per share excluding the charges tied to repaying government bailout money.
Citigroup said it recorded an after-tax loss of $6.2 billion for expenses related to the bailout repayment. The government has converted the remaining $25 billion of the bailout money it gave Citigroup into a 34 percent stake in the bank. The government is planning to sell its stake in the bank during the next year.
The bank's stock rose 2 cents to $3.44 in morning trading. The stock price is perhaps the clearest indication of how far Citigroup fell during the banking crisis and recession; at the stock market's peak in October 2007, it traded at $45 a share.
Investors have remained skittish about the health of Citigroup, most notably last month when Citigroup sold new shares to repay the government. Shares were sold at $3.15 during the sale, well below what the bank and government were expecting. That forced the government to hold off on selling the first $5 billion of its stake in the bank until the price rebounded.
Citigroup spent much of 2009 trying to reorganize and streamline its operations to return to consistent profitability. It split its operations into two units, Citicorp and Citigroup Holdings.
Citicorp, which holds the bank's primary businesses such as regional consumer banking, generated net income of $1.7 billion during the quarter. Citigroup Holdings, which is where the bank placed noncore assets that it has been looking to sell or unwind, lost $2.5 billion during the October-December period.
Total assets in Citigroup Holdings fell by $70 billion to $547 billion during the fourth quarter. For the full year, Citigroup lost $1.61 billion, or 80 cents per share. It lost $27.68 billion, or $5.61 per share in 2008.
Um abraço e bons negócios.
Artur Cintra
Artur Cintra
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Isso é ruido olhem para o grafico pois a partir dos $3.44 deu sinal de compra reagindo bem ao suporte feito target $3.81 e já agora ponho uma boa noticia para empatar hehe:
CitiGroup, CitiMortgage; Will 30-Year Fixed-Rate Mortgage Refinancing Or Loan Modification Bring Better Results?
January 7, 2010
By Alex Strobel
CitiGroup, despite setbacks over the last year, was able to make gains in the home loan modification program for struggling homeowners, as of the last report on the Making Home Affordable Program, by modifying loans for 43% of homeowners who qualified. This was a high number out of all the big lending institutions in the program and the numbers for December ’09 could show even more increase, but is a home loan modification program the best way to help homeowners or is a better plan refinancing for a 30-year fixed-rate mortgage?
At the present, mortgage rates are low so a 30-year fixed-rate mortgage from CitiGroup’s CitiMortgage could allow homeowners to lock in a low mortgage payment for the duration of their home loan. Refinancing for a 30-year fixed-rate mortgage is a good idea to anyone looking to stay in their home for a longer period of time.
If, a homeowner is on a fixed income or struggling with dwindling finances and needs to cut out expenses, a refinanced 30-year fixed-rate mortgage with a low interest rate is a huge step in the direction of saving money. So, if CitiGroup is committed to helping stop foreclosures then offering a refinancing option for a 30-year fixed-rate mortgage from CitiMortgage could provide assistance to multiple homeowners in need.
Yet, there are some who believe CitiGroup can use the home loan modification program to help homeowners more than refinancing for a 30-year fixed-rate mortgage. The home loan modification program costs a homeowner just 33% of their monthly income, which in some cases, will be lower than a 30-year fixed-rate mortgage from CitiMortgage, even with a low interest rate.
On the home loan modification side of things, people say that economic recovery is bound to happen and homeowners in a modified loan will see their income rise and possibly their mortgage payment as well, where as a 30-year fixed-rate mortgage from CitiGroup would remain consistent.
Will either option help CitiGroup in 2010? Having defaulted homes on the books is an anchor for any financial institution and CitiGroup, CitiMortgage wants to avoid foreclosing seeing as how current numbers for new homebuyers don’t provide enough of a guarantee that banks can quickly resell foreclosed homes.
So, will a CitiGroup refinanced 30-year fixed-rate mortgage help the company and homeowners more than home loan modifications?
Ivanhoe Mines Ltd. hired Citigroup Inc. to evaluate options including debt or asset sales after winning approval to build one of the world’s largest copper mines with Rio Tinto Group. Citigroup Inc. (NYSE:C, $3.64, +$0.11, 3.12%) jumped 1.10 percent to $3.68 on Thursday morning pre-market trading session, even on Wednesday, Citigroup shares were higher 3.12 percent, closed on $3.64.
CitiGroup, CitiMortgage; Will 30-Year Fixed-Rate Mortgage Refinancing Or Loan Modification Bring Better Results?
January 7, 2010
By Alex Strobel
CitiGroup, despite setbacks over the last year, was able to make gains in the home loan modification program for struggling homeowners, as of the last report on the Making Home Affordable Program, by modifying loans for 43% of homeowners who qualified. This was a high number out of all the big lending institutions in the program and the numbers for December ’09 could show even more increase, but is a home loan modification program the best way to help homeowners or is a better plan refinancing for a 30-year fixed-rate mortgage?
At the present, mortgage rates are low so a 30-year fixed-rate mortgage from CitiGroup’s CitiMortgage could allow homeowners to lock in a low mortgage payment for the duration of their home loan. Refinancing for a 30-year fixed-rate mortgage is a good idea to anyone looking to stay in their home for a longer period of time.
If, a homeowner is on a fixed income or struggling with dwindling finances and needs to cut out expenses, a refinanced 30-year fixed-rate mortgage with a low interest rate is a huge step in the direction of saving money. So, if CitiGroup is committed to helping stop foreclosures then offering a refinancing option for a 30-year fixed-rate mortgage from CitiMortgage could provide assistance to multiple homeowners in need.
Yet, there are some who believe CitiGroup can use the home loan modification program to help homeowners more than refinancing for a 30-year fixed-rate mortgage. The home loan modification program costs a homeowner just 33% of their monthly income, which in some cases, will be lower than a 30-year fixed-rate mortgage from CitiMortgage, even with a low interest rate.
On the home loan modification side of things, people say that economic recovery is bound to happen and homeowners in a modified loan will see their income rise and possibly their mortgage payment as well, where as a 30-year fixed-rate mortgage from CitiGroup would remain consistent.
Will either option help CitiGroup in 2010? Having defaulted homes on the books is an anchor for any financial institution and CitiGroup, CitiMortgage wants to avoid foreclosing seeing as how current numbers for new homebuyers don’t provide enough of a guarantee that banks can quickly resell foreclosed homes.
So, will a CitiGroup refinanced 30-year fixed-rate mortgage help the company and homeowners more than home loan modifications?

Ivanhoe Mines Ltd. hired Citigroup Inc. to evaluate options including debt or asset sales after winning approval to build one of the world’s largest copper mines with Rio Tinto Group. Citigroup Inc. (NYSE:C, $3.64, +$0.11, 3.12%) jumped 1.10 percent to $3.68 on Thursday morning pre-market trading session, even on Wednesday, Citigroup shares were higher 3.12 percent, closed on $3.64.
User mudou de nick - > Wallstreetrader
- Mensagens: 1207
- Registado: 29/11/2007 2:13
El ex alto ejecutivo de Citigroup Kevin Kessinger ha emprendido acciones legales contra la entidad, en plena tormenta política sobre los pagos a los altos directivos, para que reanude el pago del multimillonario paquete de indemnización que le corresponde y que se encuentra congelado desde al año pasado.
Según informa Financial Times, quien cita fuentes cercanas al asunto, la decisión de Kessinger podría reavivar el debate sobre las compensaciones en Wall Street justo cuando los bancos están a punto de anunciar los bonus correspondientes a 2009.
Según publica el rotativo, Kessinger, que actualmente es director de información en la entidad canadiense TD Bank, ha decidido llevar a Citigroup a un proceso de arbitraje, una manera de resolver el conflicto de forma extrajudicial. Ni la entidad ni el ex alto ejecutivo han querido valorar al periódico esta información.
http://www.eleconomista.es/flash/notici ... cion-.html
Según informa Financial Times, quien cita fuentes cercanas al asunto, la decisión de Kessinger podría reavivar el debate sobre las compensaciones en Wall Street justo cuando los bancos están a punto de anunciar los bonus correspondientes a 2009.
Según publica el rotativo, Kessinger, que actualmente es director de información en la entidad canadiense TD Bank, ha decidido llevar a Citigroup a un proceso de arbitraje, una manera de resolver el conflicto de forma extrajudicial. Ni la entidad ni el ex alto ejecutivo han querido valorar al periódico esta información.
http://www.eleconomista.es/flash/notici ... cion-.html
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