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S&P Picks and Pans: Citigroup, Morgan Stanley, Abbott Labs, Wipro, Satyam

 

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Morgan Stanley Smith Barney?
traderdaily.com 1/12/2009 — Citigroup Inc. may book a gain of as much as $10 billion by selling control of its brokerage to Morgan Stanley, helping to replenish capital depleted by the biggest losses in the bank’s history, a person familiar with the talks said. The pretax ...
Citi-Morgan Talk May Spark Fresh Wave of Deals
dealbook.blogs.nytimes.com 1/12/2009 — The anticipated combination of brokerage units at Citigroup and Morgan Stanley is seen by analysts as the likely start of a fresh wave of consolidation in the troubled and thinning banking industry. The potential deal between Citi and Morgan Stanley, ...
Citi's Internal Memo on the Smith Barney Talks
dealbook.blogs.nytimes.com 1/12/2009 — The pending joint venture between Citigroup's Smith Barney unit and Morgan Stanley's brokerage arm appears to be causing some consternation among Citi's wealth managers. Mike Corbat, Citi's head of global wealth management sent a note out to his ...
Citi May Book $10 Billion Gain on Morgan Stanley Deal (Update4)
bloomberg.com 1/12/2009 — Jan. 12 (Bloomberg) -- Citigroup Inc. may book a gain of as much as $10 billion by selling control of its brokerage to Morgan Stanley , helping to replenish capital depleted by the biggest losses in the bank’s history, a person familiar with the ...
Richard Parsons, Citi Savior?The Big Money 1/12/2009
Are Vikram Pandit's days numbered? The embattled Citigroup CEO is all over the business pages today. The New York Times and Wall Street Journal both say that even with worse-than-expected losses in the billions looming he's earned enough of a ...
Palm: Even The Bears Were ImpressedBARRONS.com: Tech Trader Daily 1/12/2009
Palm (PALM) shares have further extended their huge rally following their introduction at CES of the new Palm Web OS and the Palm Pre smartphone, thanks in part to upgrades of the stock from the formerly bearish analysts at Citigroup and  ...
Citigroup: A house built on SandyThe Economist: Full print edition 1/15/2009
And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell: and great was the fall of it “TOO big to fail, too shit to buy” is the way some Citigroup insiders describe their employer. Not for ...
Business this weekThe Economist: Full print edition 1/15/2009
Citigroup decided to spin off Smith Barney, its broking business, into a joint venture with Morgan Stanley. Citi is expected to offload more assets as it slims down and refocuses on the commercial- and retail-banking divisions that formed its core ...