Investors this week breathed a sigh of relief due to better then expected earnings from several companies who released their numbers.
Google proved that a looming recession had no effect on their numbers as they increased profit by 30% sending its stock price up $90 in one day while skeptics bought back into the company. These […]
Google, IBM, Citigroup: Earnings That Drove the Market Up
April 18th, 2008 · No Comments · Recession, Stock Market
Tags:3G·Apple·Citigroup·Earnings·Economy·Google·IBM
$12.5 billion man: Can a Prince save the Citi?
January 19th, 2008 · 2 Comments · Stock Market
Citigroup has had some severe problems over the past couple months, whether is be CEO Chuck Prince who was forced out (amid news of the heavy losses related to bad bets on mortgage securities and an ailing housing markets), share continuing to sink, and having to post a record $18 billion dollar write down. […]
Tags:·Bank·Citigroup·Discount·Economy·Foreign·Investor·Market·Overseas·Recession·US