March 2nd CEOcast Weekly Newsletter
Companies featured in this edition of the newsletter: ACCP, CNLG, ENZ, IFAQ, ITUI, PSTI, SKYI, TAGS Financials were sharply in focus yet again this week, highlighted by the U.S. Government taking a 36% in Citigroup. Investors seemed to give a thumbs-down to the decision, as well as additional details on the Federal budget, which pressured the healthcare sector. Uncertainty about the Government's next moves did not help, with the Dow surrendering 302 points to close at 7062, down 4.1% bringing its YTD losses to 19.5%. The Nasdaq lost 4.4% to close at 1377, extending its yearly losses to 12.6%, while…