Story Stocks: Citigroup (NYSE:C), Bank of America (NYSE:BAC), Kroger (NYSE:KR), Best Buy (NYSE:BBY)

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Citigroup (NYSE:C) is losing market share in European investment banking as the last partially U.S. government-owned securities firm slides down the rankings for merger advice, stock sales and bond offerings. At least 12 European managing directors have left this year to competitors including Bank of America (NYSE:BAC) and Barclays Plc’s investment banking unit. The bank fell to eighth from first in providing merger advice on European transactions this year valued at $61 billion compared with about $140 billion in the same period last year. -Bloomberg
Kroger (NYSE:KR) said its second-quarter net income rose 1.4% to $261.6 million, or 41 cents a share, from $254.4 million, or 39 cents a share, in the year-ago period. Sales rose to $18.8 billion, from… . . . → Full Story: Story Stocks: Citigroup (NYSE:C), Bank of America (NYSE:BAC), Kroger (NYSE:KR), Best Buy (NYSE:BBY)

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