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Real Estate News Releases
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(CHARTPOPPERS.COM, December 11, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Citigroup Inc. (NYSE: C)
The Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) will be in particular interest to other competing companys within in its sector, such as Bank of America (NYSE: BAC), JP Morgan Chase ( NYSE: JPM) and Ameican International Group (NYSE: AIG)
Citigroup Inc. (Citigroup), incorporated in 1988, is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers. As of May 4, 2009, Citigroup had more than 200 million customer accounts and did business in more than 140 countries.
Recent News on Citigroup Inc. (NYSE: C)
Treasury Secretary Timothy Geithner said Thursday that the government doesn't want banks to repay taxpayer support if that leaves them short on capital.
"We are not prepared to have this money come back in a way that would leave the system or these institutions with inadequate capital to face their challenges ahead," he said during a Congressional Oversight Panel hearing on the Troubled Asset Relief Program, or TARP.
But for Citigroup Inc. (C 3.90, +0.03, +0.78%) that may not be a problem, analysts said Thursday.
Citi reportedly plans to raise $20 billion selling new equity to help the giant bank buy back trust preferred securities it sold to the government via TARP. See about Citi's possible TARP exit.
At the same time, the government will probably sell the 7.6 billion common shares of Citi it currently holds, extricating the bank from taxpayer ownership, according to J.P. Morgan Chase analyst Vivek Juneja.
If Citi pulls this off, the bank's capital ratios will be among the highest of any large U.S. bank, Juneja and other analysts said Thursday.
"They've already got very strong capital ratios," Jeff Harte, a banking analyst at Sandler O'Neill, said in an interview.
To view the Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) Please visit the stock pulse page at www.chartpoppers.com/stock%20pulse/
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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