Traders work on the floor of the New York Stock Exchange, January 13, 2012. REUTERS/Brendan McDermidReuters – Stocks advanced on Tuesday, pushing the S&P 500 to its highest since early August, but sharply pared gains late in the session as Citigroup’s steep drop in profit gave investors a reason to unload bank shares.


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Wall Street cuts gains (Reuters)

By admin on January 17th, 2012

Traders work on the floor of the New York Stock Exchange, January 13, 2012. REUTERS/Brendan McDermidReuters – Stocks pared gains on Tuesday as Citigroup’s sharp drop in profit prompted investors to sell bank shares. The concerns about the financial sector overshadowed earlier optimism about the economy, which had pushed stocks up about 1 percent.


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Reuters – Bank of America , Goldman Sachs and Citigroup could be among companies that beat estimates when they report next week, Thomson Reuters StarMine forecasts show.

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Reuters – A group of chief executives at more than 200 large U.S. companies urged a federal appeals court to undo a judge’s controversial decision making it harder for companies to settle Securities and Exchange Commission fraud cases.

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Reuters – The U.S. Securities and Exchange Commission got a fresh dressing-down from the judge who rejected its $285 million settlement with Citigroup Inc, as he said the regulator kept him out of the loop on its efforts to salvage the case.

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Reuters – The Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge’s decision to reject its $285 million settlement with the bank.

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Reuters – The Securities and Exchange Commission filed an emergency request to put its securities fraud lawsuit against Citigroup Inc on hold so it can quickly appeal a judge’s decision to reject its proposed settlement with the bank.

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Reuters – The Securities and Exchange Commission filed an emergency request to put its securities fraud lawsuit against Citigroup Inc on hold so it can quickly appeal a judge’s decision to reject its proposed settlement with the bank.

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