Premarket roundup: Citigroup, E-Trade Financial
By
Associated Press
June 22, 2009
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Among the premarket stories for Friday, June 22, from AP Financial News:
NEW YORK (AP) _ Citigroup Inc. shares could fall as much as 21 percent after it completes a debt exchange next month, an analyst said on Monday.
NEW YORK (AP) _ Shares of E-Trade Financial Corp. continued to slip Monday in the aftermath of its $1 billion proposed debt swap and common stock offering, part of its plan to free itself of debt and raise more capital.
HARTFORD, Conn. (AP) _ Investors may be disappointed this week if Monsanto Co., the world's biggest seed maker, fails to show a clear path to greater profitability, an analyst said Monday.