News

Citigroup CEO And Directors Sued Over Executive Pay

Days after being rebuked by shareholders, Citigroup Inc Chief Executive Vikram Pandit and the bank's directors have been sued by a shareholder accusing them of awarding outsized pay to top executives.

Analysis: Homebuilder Rally Draws Skeptics as Earnings Loom

Investors in homebuilding stocks have enjoyed a massive run-up since October that has left major indexes in the dust.

Fitch Says Short Sales Positive For U.S. Residential Market

Fitch Ratings believes the trend toward more short sales of distressed residential real estate loans in the U.S. is gaining momentum.