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Citigroup to fund $100bn in green projects

2015-02-19 12:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Over the next decade Citigroup has committed to lending, investing and facilitating a total of $100 billion (65bn) to finance activities that will reduce the impacts of climate change and create environmental solutions. The latest pledge follows Citis previous $50 billion (32bn) goal that was announced in 2007, the group met this target three years early in 2013. The new initiative will build on Citis work in renewable energy and energy efficiency to identify opportunities to reduce greenhouse...

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United States Steel (X) Stock Hits One-Year Low Today After Citigroup Cuts Iron Ore Forecasts

2015-01-14 23:55:37| Steel - Topix.net

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AK Steel (AKS) Stock Hits One-Year Low Today After Citigroup Cuts Iron Ore Forecasts

2015-01-14 23:55:36| Steel - Topix.net

The firm trimmed its outlook as cheaper oil and declines in producers' currencies both bring down supply costs, which signals that the energy rout is feeding through to other commodities, Bloomberg reported. Citigroup predicts iron ore would average $58 per metric ton in 2015 and $62 per metric ton in 2016, down from previous estimates of $65 for both years.

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Norfolk Southern Corp. Price Target Cut to $109.00 by Analysts at Citigroup Inc.

2015-01-13 04:51:31| Railroads - Topix.net

The firm currently has a "neutral" rating on the stock. Citigroup Inc.'s target price suggests a potential upside of 5.65% from the company's current price.

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Citigroup legal costs up by $600m

2014-10-31 03:43:16| BBC News | Business | UK Edition

Investment bank Citigroup puts aside an extra $600m to cover legal expenses due to "rapidly evolving regulatory inquiries".

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