Stocks in the news: Citigroup, Electronic Arts, Aeropostale

Some of the companies making headlines today:

Citigroup (C) is looking to scale back its U.S. retail footprint to just six major metropolitan areas and limit most lending to wealthy customers, according to a published report.

Microsoft Corp. (MSFT) flatly denied the rumor it was going to acquire Electronic Arts (ERTS), saying it has no such plans, according to a Microsoft executive. ERTS shares fell nearly 3.5 percent.