FTC: We are Leading the Review of Citi’s Sale of EMI

Word is the FTC is spearheading the review of Citi’s (NYSE:C) break-up sale of EMI to Universal Music and Sony (NYSE:SNE). Sources say the FTC has to take the lead role because the because the Justice Department has been preoccupied with the AT&T/T-Mobile (NYSE:T) deal.

Here’s how these stocks are trading now:

Citigroup, Inc. (NYSE:C): C shares recently traded at $27.28, up $1.18, or 4.52%. They have traded in a 52-week range of $21.40 to $51.50. Volume today was 24,012,276 shares versus a 3-month average volume of 60,064,700 shares. The company’s trailing P/E is 7.27, while trailing earnings are $3.75 per share. Get the most recent company news and stock data here >>

Sony Corporation (NYSE:SNE): SNE shares recently traded at $17.66, up $0.19, or 1.09%. They have traded in a 52-week range of $16.16 to $36.97. Volume today was 122,528 shares versus a 3-month average volume of 1,355,560 shares. The company’s trailing earnings are $-4.60 per share. Get the most recent company news and stock data here >>

Viacom Inc. Class A Common Stoc (NYSE:VIA): VIA shares recently traded at $48.75,. They have traded in a 52-week range of $44.10 to $60.90. Volume today was 0 shares versus a 3-month average volume of 25,269 shares. The company’s trailing P/E is 13.57, while trailing earnings are $3.59 per share. Get the most recent company news and stock data here >>