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Stock impact report

Exclusive - ValueAct invests $800 million in financial stocks in second quarter - letter [Yahoo! Finance News]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Activist hedge fund ValueAct Capital Management boosted investments in financial stocks by more than $800 million during the second quarter, citing attractive risk-adjusted values of big banks, according to a client letter viewed by Reuters. Financial companies, including Citigroup Inc (C.N) and Morgan Stanley (MS.N), now make up 35 percent of ValueAct's portfolio and additional investment could follow, the firm said. Show less Read more
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