Stocks in the News: Citigroup, Apple, Kraft, Tyco

The following is a round-up of news likely to affect stock prices today:

Citigroup (C) is scheduled to report earnings Tuesday morning with analysts expecting a loss of 33 cents a share in the fourth quarter, according to Thomson Reuters. International Business Machines (IBM) is due to report after the close of trade.

Update: Citigroup matched analyst expectations, reporting a loss of $7.6 billion, or 33 cents per share. Adjusted net loss was $1.4 billion or only 6 cents a share. Loan-loss provision was down 36% at $8.2 billion.