Tag:
Reverse Split
Latest Headlines
Latest Headlines
Citigroup joins the weak-revenue trend
So far, the scourge of the third-quarter bank results has been a troubling lack of top line growth--a vexing problem with no easy fix. Citigroup became the latest bank to succumb to this malady.
Despite crazy takeover rumor, Bank of America not in danger of failing
A crazy rumor swept through Wall Street this week: JP Morgan would imminently take over Bank of America in a deal that would be "supported" by the federal government with a $100 billion investment in
Bank of America stock swoons, high-frequency traders take note
Bank of America has been roundly abused by Mr. Market as of late. While a lot of financial stocks have suffered, the bank seems to have been singled out for outright torture. The stock is down
Reverse split at Citigroup may have unintended consequences
We noted the other day that the Citi reverse stock split was a huge moment for high-frequency traders , which had feasted on the stock back when it hovered around $5 a share. These traders generated
Citigroup to hike dividends, reverse split
There was a day when a reverse split signaled stock had been so battered that the only way to stay off the Pink Sheets was to reverse split massively. But when it comes to big banks that were bailed
