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Market Update: Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), General Electric (NYSE: GE), Amazon (NASDAQ: AMZN)
The dismantling of Citigroup (NYSE: C) continued yesterday as the banking company unveiled plans to spin off its Primerica Inc. life-insurance and mutual-fund sales unit. In…
6Nov2009 | Jutia Group | 0 comments | ContinuedMarket Update: CVS Caremark (NYSE: CVS), Toyota (NYSE: TM), Moodys (NYSE: MCO)
CVS Caremark (NYSE: CVS) posted a bigger-than-expected jump in quarterly profit on Thursday as consumers filled more prescriptions. CVS earned $1.02 billion, or 71 cents per…
5Nov2009 | Jutia Group | 0 comments | ContinuedMarket Updates: Goldman Sachs (NYSE: GS), JPMorgan Chase (NYSE: JPM), Time Warner (NYSE: TWX), Comcast (NASDAQ: CMCSA)
Goldman Sachs (NYSE: GS) pulled in more than $100 million of trading revenue on 36 days in the third quarter, down from a record 46 in…
4Nov2009 | Jutia Group | 0 comments | ContinuedStock Market Update: Ford Motor (NYSE: F), CIT Group (NYSE: CIT), Google (NASDAQ: GOOG), Apple (NASDAQ: AAPL)
Ford Motor (NYSE: F) surprised Wall Street today by revealing that the company produced a quarterly profit and raised its 2011 outlook to "solidly profitable," sending…
2Nov2009 | Jutia Group | 2 comments | ContinuedMarket Updates: Citigroup (NYSE: C), Kellogg (NYSE: K), NYSE Euronext (NYSE: NYX), JPMorgan Chase (NYSE: JPM)
Citigroup (NYSE: C) analyst David Driscoll raised his rating on Kellogg (NYSE: K) to buy from hold on Friday, citing lower expenses and a big share buyback…
30Oct2009 | Jutia Group | 0 comments | ContinuedStock Market Updates: Citigroup Inc. (NYSE: C), Exxon Mobil (NYSE: XOM), Colgate-Palmolive (NYSE: CL), Procter & Gamble (NYSE: PG)
Citigroup (NYSE: C) will assist Vietnam Oil & Gas Group, also known as PetroVietnam, source a $550 million loan for the Nhon Trach II power plant…
29Oct2009 | Jutia Group | 0 comments | ContinuedMarket Update: Bank of America (NYSE: BAC), JPMorgan Chase (JPM: NYSE), Visa (NYSE: V), Caterpillar (NYSE: CAT)
As Bank of America (NYSE: BAC) board of directors approaches a self-imposed deadline at the end of this week to pick a successor to outgoing CEO…
28Oct2009 | Jutia Group | 0 comments | ContinuedMarket Updates: Citigroup (NYSE: C), Bank of America (NYSE: BAC), American International Group (NYSE: AIG), General Electric (NYSE: GE),
Citigroup (NYSE: C) may be forced to liquidate its stake in Mexico’s Banamex. When the company bought into Banamex in 2001, it was owned by private…
27Oct2009 | Jutia Group | 0 comments | ContinuedMarket Update: Corning (NYSE: GLW), NetFlix (NASDAQ: NFLX), Verizon (NYSE: VZ), Microsoft (MSFT)
Corning Inc (NYSE: GLW) posted better than expected quarterly profit on stronger demand for glass for flat screen televisions, and stated it expected that market to…
26Oct2009 | Jutia Group | 0 comments | ContinuedStock Market Updates: CIT Group (NYSE: CIT), Amazon (NASDAQ: AMZN), Exelon (NYSE: EXC), Whirlpool (NYSE: WHR)
Amazon (NASDAQ: AMZN) shares were trading up over 14 percent in afterhours activity following the company’s reported earnings for the quarter that surged 68 percent from…
23Oct2009 | Jutia Group | 0 comments | ContinuedStock Headlines: Procter & Gamble Co. (NYSE: PG), American Express (NYSE: AXP), Amazon (NASDAQ: AMZN), Capital One (NYSE: COF)
Procter & Gamble Co. (NYSE: PG), the maker of Pampers diapers and Pantene shampoo, is in talks to buy part of the Sara Lee Corp.…
22Oct2009 | Jutia Group | 0 comments | ContinuedMarket Update: AT&T Inc. (NYSE: T), 3M (NYSE: MMM), eBay (NASDAQ: EBAY)
AT&T Inc. (NYSE: T) reported third quarter earnings of $3.2 billion, or 54 cents a share, compared with profit of $3.2 billion, or 55 cents a…
22Oct2009 | Jutia Group | 0 comments | ContinuedMarket Updates: Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC), U.S. Bancorp (NYSE: USB), Morgan Stanley (NYSE: MS)
Citigroup Inc. (NYSE: C) canceled a planned $4.5 million renovation of its main office in Brazil that included an area for entertaining clients and a landscaped…
21Oct2009 | Jutia Group | 0 comments | ContinuedMarket Update: Bank of America (NYSE: BAC), Apple (NASDAQ: AAPL), Pfizer (NYSE: PFE), Caterpillar (NYSE: CAT)
Bank of America Corp. (NYSE: BAC) signed off on its government-assisted purchase of Merrill Lynch & Co. after U.S. regulators said the deal may boost the…
20Oct2009 | Jutia Group | 1 comment | ContinuedMarket Updates: Google Inc. (NASDAQ: GOOG), Microsoft Corp. (NASDAQ: MSFT), iPCS Inc. (NASDAQ: IPCS), CIT Group (NYSE: CIT)
Google Inc. (NASDAQ: GOOG) says it now has two million customers using its Apps products. The online software offers many of the features of Microsoft Corp.…
19Oct2009 | Jutia Group | 0 comments | ContinuedMarket Updates: Bank of America Corp. (NYSE: BAC), Wal-Mart Stores Inc. (NYSE: WMT), Amazon (NASDAQ: AMZN), General Electric (NYSE: GE)
An online book special offered by Wal-Mart Stores Inc. (NYSE: WMT) is turning into a full-fledged price war with Amazon (NASDAQ: AMZN). Wal-Mart got things started…
16Oct2009 | Jutia Group | 0 comments | Continued
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