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last update: 18:30 PM ESTTop 10 News Items 11/17-11/21: Citi (C) in Free Fall, Financials Follow; Auto Bailout Delayed Until Next Month
© StreetInsider
11/21/08
ticker(s):
BAC,
C,
F,
GM,
GS,
This a recap of the top news items from the last week on Wall Street: 1. Shares of Citigroup (NYSE: C: Summary, Messages, Articles) were in free fall this week, declining more than 60% amid fresh concerns about the financial stability of the company. Attempting to pick up shares at seemingly value levels, Prince Alwaleed announced plans that he will boost his stake in Citi back to 5% soon. The bank also announced plans to cut about 50,000 jobs from its workforce, but despite the announcements, Citi management appears to be scrambling for a vote of confidence, including a possible merger. 2. Considering the investor
Today
| Stocks In the News | Searches Today | ||
|---|---|---|---|
| BAC | (BK OF AMERICA CP) | Summary Messages Articles | 1 (0%) |
| BRK.a | Summary Messages Articles | 0 (new!) | |
| C | (CITIGROUP INC) | Summary Messages Articles | 19 (0%) |
| F | (FORD MOTOR CO) | Summary Messages Articles | 25 (+4%) |
| GM | (GEN MOTORS) | Summary Messages Articles | 8 (+14%) |
| GS | (GOLDMAN SACHS GRP) | Summary Messages Articles | 2 (0%) |
| HPQ | (HEWLETT PACKARD C) | Summary Messages Articles | 4 (0%) |
| JPM | (JP MORGAN CHASE C) | Summary Messages Articles | 0 (new!) |
| LOPE | Summary Messages Articles | 0 (new!) | |
| MSFT | (MICROSOFT CP) | Summary Messages Articles | 7 (+16%) |
| WMT | (WAL MART STORES) | Summary Messages Articles | 3 (+50%) |
| YHOO | (YAHOO INC) | Summary Messages Articles | 1 (0%) |
More Top Articles for BAC» More Top Articles for BRK.a» More Top Articles for C» More Top Articles for F» More Top Articles for GM» More Top Articles for GS» More Top Articles for HPQ» More Top Articles for JPM» More Top Articles for LOPE» More Top Articles for MSFT» More Top Articles for WMT» More Top Articles for YHOO»
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