Citigroup
Inc. (NYSE:C) slid 0.36% to $4.20. Yesterday, Goldman Sachs
added Citigroup to its Conviction Buy list on Monday citing valuation. The firm
expects the overhang from the U.S. Treasury sale to be over by mid-2011,
allowing the stock to climb to Goldman's price target of $5.50 per share.
Over the past 52-week, the stock traded within the range
of $3.11-$5.07. At current market price, the market capitalization of the
company stands at $121.86 billion.
Allied Irish Banks, plc. (ADR) (NYSE:AIB) declined 2.68% to $1.09 after it made its fresh 52-week low of $1.08. Earlier this month, the company announced that it has completed a public offering in the United States of contingent mandatorily exchangeable notes (Notes) exchangeable (subject to AIB shareholder approval and certain other conditions) for the shares of common stock of M&T Bank Corporation (M&T) (M&T Shares) owned by Allied Irish Banks.
The
stock went down more than 69% year-to-date.
American International Group, Inc.
(NYSE:AIG) went up 1.90% American International Group,
Inc. is a holding company, which through its subsidiaries, is engaged primarily
in a range of insurance and insurance-related activities in the United States
and abroad.
The
52-week range of the stock is $21.54-$69.96. The stock made its fresh one-year
high of $69.96.
Regions Financial Corporation (NYSE:RF) lost
5.97% to $6.61 after the bank reported a bigger-than-expected quarterly loss.
Regions reported a third-quarter loss of 17 cents a share, reflecting
"elevated disposition of problem assets and continued de-risking of the
balance sheet."
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