Even so the benchmark SP 500 index is 15

NEW YORK (Reuters) - Stocks fell on Monday as concerns about massive credit losses at Citigroup knocked its shares 17 percent lower, dragging down bank stocks, and on fears of a dismal fourth-quarter earnings season. Hot StocksA Wall Street Journal report that Citigroup could report more than $10 billion in fourth-quarter operating losses struck a blow to other banks on fears of a fresh round of losses from the credit crisis.The S&P Financial index .GSPF fell 5.7 percent.Alcoa Inc (AA.N) kicked off the earnings season after the bell with a wider-than-expected loss of 28 cents a share, excluding items. Ahead of the results, its shares closed down nearly 7 percent after Deutsche Bank recommended investors sell the stock, and slipped another 1.1 percent to $9.95 in after-hours trade."Profits drive the stock market, and we want to see if anybody's got any," said Frank Lesh, futures analyst and broker at FuturePath Trading LLC in Chicago. The Standard & Poor's 500 Index .SPX dropped 20.09 points, or 2.26 percent, to 870.26. The Nasdaq Composite Index .IXIC lost 32.80 points, or 2.09 percent, to 1,538.79.The slide increased the indexes' losses since the start of 2009. Even so, the benchmark S&P 500 index is 15.7 percent above its November low.The Dow has fallen for four consecutive sessions but remains up 12.2 percent from its closing low on November 20.Year-to-date, the S&P is down 3.7 percent, the Dow has fallen 3.4 percent and the Nasdaq has slipped 2.4 percent.Adding to concerns on Citigroup was news that the embattled U.S. bank is nearing a deal to sell a controlling stake in its Smith Barney retail brokerage business to Morgan Stanley (MS.N).

Investors fear that Citigroup is looking to sell one of its best assets because it needs cash.Financial stocks were among the worst performers on the Dow, as Bank of America (BAC.N) tumbled 12 percent, JPMorgan fell 4.1 percent, and Citigroup slumped to $5.60, near the stock's level before the bank was bailed out by the U.S. crude oil futures ended down nearly 8 percent.Chevron fell 2.8 percent to $70.82 while Exxon Mobil (XOM.N) shed 1.3 percent to $76.54. The S&P Energy index .GSPE slid 3.1 percent.Caterpillar (CAT.N), a maker of excavators and bulldozers, was the top weight on the Dow with a tumble of 4.7 percent to $41.19.On Nasdaq, Apple Inc (AAPL.O) was the primary drag, 2.1 percent to $88.66.However, there were bright spots due to merger activity. Bush to seek from Congress the remaining $350 billion of the $700 billion financial industry bailout, and he agreed to do so, the White House said.Obama, who will be sworn in on January 20, has vowed to restructure Washington's financial rescue plan to stem mortgage loan foreclosures.Volume was light on the New York Stock Exchange, where about 1.31 billion shares changed hands, below last year's estimated daily average of 1.49 billion.

On the Nasdaq, about 1.81 billion shares traded, also below last year's daily average of 2.28 billion.Decliners outnumbered advancers on both the New York Stock Exchange and Nasdaq by a ratio of about three to two.(Editing by Leslie Adler) Hot Stocks. Although REVPORT(TM) continues to be the pre-eminentrevenue management solution; we have evolved our offerings by deployingadditional modules including financial modeling and analytics,rules-based payment matching and integrated Business Intelligence. Thisstrategy is paying dividends and adding the household name Barings to ourrapidly expanding customer base is testament to that."REVPORT(TM) Revenue Management Key Features:Provides a single repository for revenue, sales and performance dataAutomates revenue management and fee billingCalculates complex fees, accruals, produces invoices and generates allaccounting and audit outputCentralizes fee calculation rules, embedding knowledge in theapplication and enhancing financial management and controlProvides management information via fully integrated MI tools,including data cubes, views, dashboards and graphical visualization /reportingAllows revenue modeling, forecasting and analytics to be performedusing actual billing rules and schedulesSeamlessly integrates with existing upstream / downstream financialmanagement and reporting systemsAbout Bonaire Software Solutions, LLCBonaire is focused on providing software and services solutions to theasset management industry. For more information about Bonaire SoftwareSolutions, please visit Baring Asset ManagementBaring Asset Management is an international investment management firmwith investment skills, clients and business locations spanning worldmarkets.

Our investment competency encompasses developed and emergingmarket equity, fixed income and multi-asset portfolio management servicesoffered to institutions, retail investors and private individuals.Worldwide clients include public and corporate pension plans, governmentagencies, financial institutions, charitable organisations, mutual fundsand private individuals.Baring Asset Management is part of the MassMutual Financial Group, aglobal, diversified financial services organization. Massachusetts MutualLife Insurance Company (MassMutual) is one of the largest life insurancebusinesses in the USA.For more information about Baring Asset Management, please visit Contacts:UKBonaire Software SolutionsGary Liley44 (0) 207 763 6102Email ContactUSBonaire Software SolutionsJohn Bosley001 617 338 0107 x122Email ContactCopyright 2009, Market Wire, All rights reserved.-0-. Lately it has beennoticeable to anyone who watches wrestling that tons of WWE talent have been appearing all over television. This is a smart move for the WWE, because cross branding can only give them more exposure.Recently we have seen Dolph Ziggler on Deal or no Deal, five wrestlers on "Are You Smarter Than A Fifth Grader," Stephanie and some others appeared on a cooking show, John Cena and Mickie James have both appeared on Psych on Raw's home network USA, and Vince himself has been on ESPN more time this year then I can ever remember seeing.The thing helping WWE the most may be the celebrities who are coming out of the woodwork to host Raw. Anyone who was or is a fan of WWE would want to host Raw. Ricky Hatton actually got in the ring a little bit for his appearance which is becoming a trend among the more athletic hosts. Maria Menounos wrestled in a six Diva match, Shaq squared off with Bog Show, Hatton faught Chavo, and Freddi Prince, Jr. got broken in half by Randy Orton.Shaq versus Big Show for Wrestlemania has been thrown around as an Idea but no word from Shaq yet on if he is interested. The idea of celebrities fighting at Mania is nothing new either. Since Mr. T got in the ring at Mania it has become desirable for athletes to compete once for the WWE. Remember Lawrence Taylor facing Bam Bam at WM11 Or just a while back when Floyd Mayweather took on Big Show Mickie Rourke is also talking about a match with the WWE now that he is not under contract to not hurt himself.My only real question iswhen will we see Randy Orton RKO Big Bird on Sesame Street or The Undertaker as Liz Lemons new boyfriend on 30 Rock These are unlikely but a man can dream can't heIn the coming months, we will be seeing more celebrity involvement with the WWE and in the long run it will help them grow into the giant they were five to 10 years ago.. (Adds action on American Axle and ArvinMeritor) Stocks Bonds NEW YORK, Jan 12 (Reuters) - Standard & Poor's on Mondaycut its ratings on auto suppliers Visteon Corp VC.N, AmericanAxle Manufacturing & Holdings Inc (AXL.N) and ArvinMeritor Inc(ARM.N) deeper into junk territory, citing declining autodemand and production.