The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years.
Citigroup is one of the most troubled banks throughout the financial crisis. Investors have long criticized its board and management for allowing the bank to make big investments in the risky housing market — actions that led to Citigroup reporting billions in losses.
Analyst Mark L. Parr of KeyBanc Capital Markets upgraded Pittsburgh-based U.S. Steel and Olympic Steel Inc. of Cleveland to "Buy" from "Hold."
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