All Entries Tagged With: "Wall Street"
Citigroup plunged to a 13 year low: Wall Street crumbles
Citigroup (NYSE:C) shares plunged today and by lunch time on Wall Street they had fallen 12 percent or $7.33 its lowest level since 1995. The fall comes as fears mount that the ailing bank will continue to lose billions in the coming months as bad debts rise.
Wall Street stocks took a battering with Citigroup being [...]
Dow Jones down 21 percent in 9 days: Wall Street Panic
The Down Jones Industrial Average showed its seventh consecutive loss tumbling 7.3 percent or 678.91 points settling at 8,579.19 at close exactly one year after the Dow hit its all time high. As Wall Street began to panic on Thursday as sellers erratically dumped shares and potential buyers did nothing and watched as the [...]
Lehman Brothers: declares bankruptcy as credit crunch takes its toll
It could be all over for Lehman Brothers, as the Wall Street bank have announced it would declare itself bankrupt after failed talks this