CURRENT NEWS ITEM: CITI CRISIS DEEPENS AS SHARES FALL FURTHER

TOP - 50 RELEVANT BREAKING NEWS

1. Citi crisis deepens as shares fall further

   Citigroup's board was locked in talks in an attempt to halt a crisis of confidence in the troubled financial services group that has seen it lose more than half its market value in three days

2. Asian shares fall as economic gloom deepens

   Japanese shares led Asia-Pacific markets lower as anxieties about the US economy and the global outlook heightened amid worsening data and the prospects for US carmakers

3. Asian shares fall as gloom deepens

   Japanese shares led Asia-Pacific markets lower as anxieties about the US economy and the global outlook heightened amid worsening data and the prospects for US carmakers

4. GM shares fall to lowest level since 1950

   DETROIT (Reuters) - General Motors Corp shares fell as much as 21.6 percent to their lowest level since 1950 on Thursday amid financial market turmoil and the car maker's report of European sales declines through the first nine months of 2008.

5. AIG shares fall as NY Fed extends access to cash

   NEW YORK (Reuters) - American International Group Inc shares fell 17 percent on Thursday, one day after the insurer said it would receive more liquidity from the Federal Reserve of New York in the middle of the worst credit crisis since the Great Depression.

6. Wachovia shares fall, Nat City gains, on deal talk

   NEW YORK (Reuters) - Wachovia Corp (WB.N) shares slumped more than 24 percent on Thursday on concerns that talks to split up the troubled bank hit a snag, leading a broader drop in U.S. regional banks.

7. Chinese shares fall for 4th day, despite gov't efforts to boost markets

   Chinese shares closed 0.84 percent lower on Thursday, falling for the fourth consecutive day, driven by insurance and banking shares. The falls reflected that investors' confidence were still low, though the central bank had cut interests rate and reserve requirement

8. Morgan Stanley, Goldman shares drop on crisis fear

   NEW YORK (Reuters) - Morgan Stanley and Goldman Sachs Group Inc shares slumped on Friday after Moody's Investors Service said it might cut their ratings, reviving worries that they might not be strong enough to survive the credit crisis.

9. Overview: Stock markets crash as crisis deepens

   Panic selling prompted a crash in global equities this week, sweeping many stock markets to their steepest ever falls as investors dismissed moves by governments and central banks to restore calm

10. Bank shares fall despite bail-out

    Shares in Royal Bank of Scotland, Lloyds TSB and HBOS fall sharply despite the UK's government's £37bn bail-out package.

11. Millions face starvation as Zimbabwe crisis deepens

    DEATH is stalking Zimbabwe's children as a potentially catastrophic famine gathers momentum.

12. Financial crisis Which shares should I buy now?

    Is the FTSE rally a dead cat bounce or a sign of a sustained recovery in shares.

13. Iceland seeks Russian, Nordic help as shares fall

    REYKJAVIK/MOSCOW (Reuters) - Iceland drew on Nordic help to get foreign currency on Tuesday and held talks with Russia over a possible loan to stave off a crisis that has left its economy near collapse.

14. Hospitals Fall Victim to Spreading Credit Crisis

    The hospital industryis among those struggling with the credit scarcity that the federal government’s latest financial bailout plan is meant to alleviate.

15. Lloyds shares fall 7pc but Eric Daniels says HBOS deal will go ahead

    Eric Daniels chief executive of Lloyds TSB insisted the bank's takeover of HBOS would go ahead on the existing terms despite a 7pc drop in Lloyds' share price.

16. Asian stocks mixed, European shares fall Wednesday

    Asian stocks mixed on Wednesday. The Hang Seng of Hong Kong lost 834 points and Tokyo's Nikkei rose 100 points.

17. U.S. mood plummets as crisis deepens: Reuters poll

    HEMPSTEAD, New York (Reuters) - The global economic crisis has shaken American confidence about the future and battered the public's faith in U.S. institutions, according to a Reuters/Zogby poll released on Wednesday.

18. State Street posts higher profit, shares fall

    BOSTON (Reuters) - State Street Corp (STT.N), one of the world's biggest institutional money managers, reported rising unrealized losses in its commercial paper program and investment portfolio on Wednesday, sparking concerns among investors, who sent its shares plummeting more than 15 percent.

19. Financial crisis Oxford University and Audit Commission fall victim to banks

    Oxford University and the Government's spending watchdog the Audit Commission appear to be the latest highprofile victims of Iceland's failing banks.

20. Harley-Davidson Q3 Earnings Fall; Updates FY08 EPS View; Shares Down - Update

    Thursday, Harley-Davidson, Inc. (HOG), a producer of heavyweight motorcycles, reported a 37.1% decrease in its third-quarter net income, citing difficult economic conditions. In addition, the company revised its earnings forecast for the full year. Shares of the company are currently down more than 12%.

21. Medtronic Shares Fall on Questions About Stent

    Shares of the medical device maker fell after a study showed that its new drug-coated stent was associated with more heart attacks and blood clots than a stent made by Johnson & Johnson.

22. Financial crisis Gordon Brown says petrol prices 'must' fall as oil tumbles

    PM warns petrol prices "must" fall as the price of oil tumbles or companies could face an investigation by competition authorities.

23. Honeywell cuts outlook, shares fall

    BOSTON (Reuters) - Honeywell International Inc's third-quarter profit rose a better-than-expected 16.3 percent on strong sales of thermostats and other equipment used to manage large commercial buildings.

24. Shares in Hovis firm fall sharply

    Shares in Premier Foods fall sharply on renewed speculation that the company is in financial difficulties.

25. Indian shares on US bourses defy crisis, gain $7-bn

    Even as the Indian markets took a beating this week, their counterparts listed on American bourses gained nearly $7 billion, defying the worldwide market gloom.

26. TI outlook misses expectations, shares fall

    NEW YORK (Reuters) - Texas Instruments Inc forecast that fourth-quarter earnings and revenue would fall far short of Wall Street expectations, blaming the economy for weak orders across all its wireless and analog chip businesses.

27. Spurs crisis deepens as Daniel Levy set to wield axe on Damien Comolli

    Juande Ramos clings on but sporting director is expected to pay the price for Spurs' worst start to a League campaign.

28. Financial crisis: Markets soar as Libor starts to fall

    Initial signs that banks may be willing to lower lending rates to each other gives stock markets a boost.

29. U.S. shares fall after weak earnings and Kerkorian's move

    Shares on Wall Street opened lower Tuesday morning as investors took in quarterly earnings results and news that the billionaire investor Kirk Kerkorian had begun to sell his stake in Ford.

30. Shares fall on renewed slowdown fears

    Shares fall on renewed slowdown fears

31. 'Ho-hum' day as shares fall 3.4pc

    SHARE prices dropped 3.4 percent today after recession fears and weaker commodity prices drove Wall Street and European stock markets lower overnight.

32. Misery all round as economic crisis deepens

    Howard's Way.... a weekly column from the Rt. Hon. Michael Howard QC. MP. 23 October 2008 It is some weeks before I wrote about the credit crunch. Since then things have got worse. The banks have got into deeper trouble.

33. Amazon predicts weaker holiday, shares fall 14 percent

    SAN FRANCISCO (Reuters) - Amazon.com Inc said sales in the holiday quarter would fall short of Wall Street expectations, sending its shares down nearly 14 percent as consumers cut back on spending and a strengthening U.S. dollar eroded the value of foreign sales.

34. Royal Bank shares fall 14% after broker slashes target

    Shares in Royal Bank of Scotland fell almost 14% yesterday after an influential broker slashed its price target in the expectation of further writedowns and falling profits from its investment banking business.

35. Economic Crisis at Issue in Fall Rematch

    Voters in parts of Prince George's and Montgomery counties may experience a bit of deja vu on Election Day when they get to the portion of their ballot for their congressional representative: Democrat Donna F. Edwards and Republican Peter James will appear as candidates in Maryland's 4th District...

36. Asian markets fall as crisis grinds on

    Korean shares led regional stocks to new multi-year lows amid volatile trading on Thursday as the global economic outlook worsened along with a rising tally of weak earnings and pessimistic forecasts in the US

37. Financial Crisis: Food sales fall for first time since 1986

    Food sales have fallen for the first time in more than 20 years according to official statistics.

38. Financial crisis: London markets braced for more falls as Asian shares slump

    Tokyo's Nikkei 255 leads heavy drop in Asain stock markets as Japanese exports slow dramatically. .

39. Russian default risk tops Iceland as crisis deepens

    Russia's financial crisis is escalating with lightning speed as foreigners pull funds from the country and the debt markets start to price a serious risk of sovereign default.