Citigroup executives have arranged a deal whereby the U.S government will guarantee $306 billion of troubled mortgages and other assets. Citigroup will also get an additional $20 billion of cash from the U.S Treasury. In return for the guarantees, the US government/US taxpayer will receive $27 billion of preferred shares paying an 8% dividend. Said another…
Circuit City closing 155 stores nationwide. Ann Taylor is closing 117 stores nationwide. Eddie Bauer has already closed 27 shops in the first quarter and plans to close up to two more outlet stores by the end of the year. Women’s retailer Cache announced that it is closing 20 to 23 stores this year. Lane Bryant, Fashion…
S&P 500 emini futures day trading nov 24 S&P 500 emini futures day trading course for nov 24 looking for a break out above 840 to complete a rally from the citibank cash injection. looking for 864.75 is our next area of resistance.
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