CITIGROUP

Wall Street was set for a lower open on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations some investors had for financial sector shares.

Citigroup Inc posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.

Citigroup Inc (C.N) posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.

Stock futures fell on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations some investors had for financial sector shares.

Britain's top share index was 0.1 percent lower by mid-session Thursday, weighed on by weaker commodity stocks as metal prices fell, ahead of results from U.S. banks Citigroup (C.N) and Goldman Sachs (GS.N)

U.S. stock index futures were flat on Thursday, a day after the Dow Jones industrial average .DJI topped the key 10,000 level and ahead of quarterly results from Goldman Sachs and Citigroup.

Stock futures were flat on Thursday, a day after the Dow Jones industrial average topped the key 10,000 level and ahead of quarterly results from Goldman Sachs and Citigroup.

U.S. stock index futures pointed to a slight increase in equities on Thursday after the Dow Jones Industrial average index pierced the 10,000 level in the previous session.

JPMorgan Chase & Co's robust $3.6 billion quarterly profit could prove a tough act for rivals to follow as its investment bank capitalized on the disappearance of some rivals and the weakness of others.

The U.S. Congress will soon probe executive compensation at companies such as American International Group Inc and Bank of America Corp receiving significant taxpayer funds, the chairman of the House Oversight and Government Reform panel said on Wednesday.

JPMorgan Chase & Co quarterly profit rocketed to a much-higher-than-expected $3.6 billion as bond trading revenue surged, boosting optimism about a rebound in top Wall Street banks.

Abbott Laboratories Inc said on Wednesday that third-quarter profit rose 37 percent on strong demand for its Humira arthritis drug and nutritional products, as well as gains from a settlement with Medtronic Inc .

JPMorgan Chase & Co quarterly profit rocketed to forecast-beating $3.6 billion as bond trading revenue surged, boosting optimism about a strengthening rebound in top Wall Street banks.

Smaller Letdown; Retailers drop; Big bank profit

Giant buyout funds are likely a thing of the past, and new cash raised will be for medium-sized, specialist funds, a top executive of British private equity firm Terra Firma Capital Partners Ltd said on Wednesday.

U.S. stock index futures rose more than 1 percent on Wednesday following forecast-beating results from Intel Corp (INTC.O) and ahead of earnings from JPMorgan Chase & Co (JPM.N).

U.S. stock index futures rose more than 1 percent on Wednesday following forecast-beating results from Intel Corp and ahead of earnings from JPMorgan Chase & Co .

Luxury goods group Burberry beat second-quarter revenue forecasts, helped by demand for handbags, leather goods and snoods, adding to signs of a consumer recovery and lifting its shares to a 21-month high.

Major U.S. banks and securities firms are on track to pay employees about $140 billion in total compensation and benefits this year, the Wall Street Journal said, citing an analysis of securities filings for the first half of 2009 and revenue estimates through the end of the year.

The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to retain staff, but which have stoked a controversy over pay at taxpayer-supported firms.

Stocks fell on Tuesday, threatening to break a six-day winning streak, as Johnson & Johnson's third-quarter sales figures disappointed investors.