CITIGROUP

Citigroup Inc reported higher quarterly earnings, helped by an accounting gain, but warned that developed markets could face weak growth for years, and the bank's shares fell.

Stocks suffered their worst loss in two weeks on Monday after comments from Germany's finance minister caused investors to fear Europe's solution to its debt crisis may not come fast enough.

According to an AFL-CIO report, Immelt made about $15.2 million last year.

Citigroup Inc reported higher third-quarter earnings on Monday, helped by rising income from Asia and an accounting gain banks can take in turbulent markets.

Citigroup Inc reported higher third-quarter earnings on Monday, helped by rising income from Asia and an accounting gain banks can take in turbulent markets.

Wall Street stocks were set for a lower open on Monday after the market's best two-week run since 2009 as Germany's finance minister said a forthcoming summit would not yield a definitive solution to Europe's debt crisis.

Citigroup Inc reported higher third-quarter earnings on Monday as the bank set aside less money to cover bad loans and recorded an accounting gain banks can take in turbulent markets.

U.S. stock index futures were little changed on Monday after the market's best two-week run since 2009 as Germany's finance minister said a forthcoming European summit would not yield a definitive solution to the region's debt crisis as many investors had hoped.

Freeport McMoRan Copper & Gold Inc. halted copper and gold production on Monday at its giant Grasberg mine in Indonesia because of security fears and worker blockades, in the worst supply disruption since a strike began a month ago.

Stock futures pointed to a higher open for equities on Wall Street on Monday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.9 percent.

Shares in Olympus Corp plunged 22 percent on Monday after media reports quoted its ousted chief executive as accusing the board of firing him for probing allegations of improper payments related to acquisitions.

Citigroup may abandon its attempt to sell EMI if the U.S. bank cannot squeeze higher offers from bidders, the Financial Times reported on Monday.

With one-third of the Dow components and crowd favorite Apple reporting results next week, U.S. stocks are setting the stage for another week of gains.

Stocks were set to open lower on Thursday as earnings from JPMorgan and soft economic data in China highlighted worries about a slowing global economy, giving investors reason to pause after the recent run-up.

Stock index futures fell on Thursday after weaker-than-expected economic data in China reawakened global economic worry and earnings from JPMorgan Chase.

Goldman Sachs Group Inc will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.

Goldman Sachs Group Inc. will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.

A clash between striking workers and police near Freeport McMoRan's Indonesian copper mine killed one protestor and injured others, complicating a pay dispute that appears far from being resolved.

European index futures rose on Monday, following small gains for Asian shares, and the euro firmed 1 cent after the leaders of France and Germany pledged to unveil a plan to solve the euro zone's sovereign debt crisis by the end of the month.

U.S. stocks will face the third quarter earnings season next week. Some investors are hoping that U.S. earnings will take center stage, take focus off the European debt crisis and potentially prolong the current mini-rebound in U.S. stocks.

Shares of Illumina Inc (ILMN.O) fell 35 percent and dragged down its peers on Friday, a day after the maker of genetic analysis tools forecast a weak third quarter on uncertainty related to research funding in the United States and Europe.