New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 12, 2012
13:21 EDTCEarnings Preview: Several positive signs seen for Citigroup into Q3 results
Citigroup (C) is scheduled to report Q3 results on October 15 before the market opens with a conference call scheduled for 8:00 am ET. The consensus estimates are 96c for EPS and $18.71B for revenue, according to First Call. Citigroup investors may be encouraged by the higher than expected EPS reported by both JPMorgan (JPM) and Wells Fargo (WFC) this morning. Wells Fargo did report slightly lower than expected revenue, but the bank said that the U.S. housing market is improving and added that it expected its mortgage origination business to strengthen in Q4. Meanwhile, JPMorgan reported that its card business is doing well All of these trends may boost Citigroup's results and outlook. Two research firms issued positive notes on Citigroup in recent weeks, with Bank of America/Merrill reinstating coverage of the stock with a Buy rating and $45 target on October 9, and Keefe Bruyette upgrading the shares to Outperform from Market Perform on October 2. The latter firm cited expectations for continued run-off of Citi Holdings, an improving Basel III capital ratio, and continued market share gains in global trade finance as reasons for the upgrade. It set a $44 price target on the shares.
News For C From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent C news | >>
November 19, 2014
07:37 EDTCCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 17, 2014
14:16 EDTCCitigroup reports October credit loss 2.18% vs. 2.53% last month
Subscribe for More Information
November 12, 2014
16:23 EDTCOn The Fly: Closing Wrap
Subscribe for More Information
12:38 EDTCOn The Fly: Midday Wrap
Subscribe for More Information
10:14 EDTCOCC fines Bank of America, Citigroup, JPMorgan $950M over FX trading
Subscribe for More Information
10:07 EDTCCitigroup to pay $1.02B to settle foreign exchange investigations
Subscribe for More Information
10:06 EDTCCitigroup announces foreign exchance settlements
09:37 EDTCActive equity options trading
Active equity options trading according to Track Data: AAPL CLSN TWTR BABA NFLX TSLA AMZN CSIQ C
08:57 EDTCBarclays excluded from forex settlement due to issues with NYDFS, Reuters says
Subscribe for More Information
08:13 EDTCBoston Biotech to hold a conference
Subscribe for More Information
08:07 EDTCMacy's, Citi Retail Services renew card agreement
Subscribe for More Information
07:28 EDTCBofA/Merrill to hold a conference
Subscribe for More Information
06:12 EDTCCFTC fines five banks $1.4B for manipulation of FX benchmark rates
Subscribe for More Information
06:05 EDTCFCA fines five banks $1.7B over FX trading operations
Subscribe for More Information
November 11, 2014
14:30 EDTCBanks to be hit with billions in fines for currency manipulation, Telegraph says
Subscribe for More Information
09:37 EDTCActive equity options trading
Subscribe for More Information
07:14 EDTCJudge allows Citigroup to process next Argentina bond payout, Reuters reports
Subscribe for More Information
November 10, 2014
06:46 EDTCRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
06:37 EDTCSumitomo Mitsui in lead for Citigroup's Japan retail operations, WSJ reports
Subscribe for More Information
06:18 EDTCUBS to settle misconduct allegations at precious metals trading unit, FT reports
Subscribe for More Information
1 | 2 | all recent C news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use