Citigroup Stock News: Citigroup to open China desk in Singapore

Time: 8/26/2010 11:14:00 AM
Aug 26 (Reuters) - Citi (C.N) said on Thursday it will open a China desk based in Singapore, in a move aimed at encouraging more Chinese firms with global expansion plans to set up business in the city-state.

The desk will include ten relationship managers and product specialists, as well as bankers from Citi's global subsidiaries group and global transaction services, the bank said in a statement.(via http://www.reuters.com/article/idUSSGE67P0F520100826)

Stock market today

Citigroup News:

1. Citigroup Inc.’s Nancy Gordon, head of the ThankYou credit-card points network, has left the bank after 12 years to join a startup business with a patent for aggregating customer-loyalty programs.

2. Citigroup Homeowners Denied A Home Loan Modification–Are Some Facing Bankruptcy After Not Receiving Help?

3. CITIGROUP (C.N)

Citigroup said it appointed Patrick Perret-Green as head of FX and Local Markets Strategy for Asia, excluding Japan, based in Singapore. Perret-Green transferred from Citi Europe Markets division in London.

To buy now: YRC Worldwide stock

Time: 8/01/2010 11:44:00 AM
There are many ways to interpret MACD, but a common interpretation is signal line crossover. Signal line crossover uses a series of moving averages (in this case, nine, 12, and 26 days) to look for bullish and bearish crossovers that indicate a stock has momentum in one direction or another.

Below, you can find a current chart of YRC Worldwide's MACD profile:


via fool.com

YRC Worldwide (NASDAQ:YRCW) has a price to free cash flow ratio of 14x based on a current price of $0.39 and a free cash flow per share of $0.03.


YRC Worldwide Inc. (YRC Worldwide) is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics. Its operating subsidiaries include YRC National Transportation, which is a reporting unit for the transportation service providers focused on business opportunities in the regional national and international markets; YRC Regional Transportation is the reporting unit for the transportation service providers focused on business opportunities in the regional markets; YRC Logistics plans and coordinates the movement of goods worldwide to provide customers a single source for logistics management solutions, and YRC Truckload (Truckload) reflects the results of Glen Moore, a provider of truckload services throughout the United States.