Citigroup Inc (C) 53.67 $C
What Took Costco So Long to Dump AmEx and Embrace Visa?
Rich Duprey, The Motley Fool - Motley Fool - 34 mins ago
Costco will be replacing American Express with co-branded Visa cards from Citi. Costco (NASDAQ: COST) breaking up with American Express (NYSE: AXP) last month wasn't a surprise , but it still raises the question of what took the big-box...
DFS: 59.31 (-0.64), V: 273.75 (-1.55), AXP: 80.63 (-1.28), C: 53.67 (-0.06), WMT: 82.58 (-0.79), COST: 147.17 (-0.20), MA: 91.71 (+0.74)
Citigroup (C) Sheds OneMain for $4.25B to Springleaf - Analyst Blog
Zacks Equity Research - Zacks Investment Research - 1 hr 27 mins ago
Citigroup Inc. (C) announced the sale of its consumer-lending business OneMain Financial to Springleaf Holdings, LLC (LEAF) in a cash deal valued at $4.25 billion. The agreement which is subject to regulatory approvals is anticipated to close in third-quarter 2015.
BCS: 16.03 (+0.37), GS: 189.67 (-1.60), C: 53.67 (-0.06), LEAF: 49.91 (-0.32), BAC: 15.84 (-0.20)
Financial Stocks Higher Ahead of Stress Test Results, Oil Prices Fall
at The Street - Wed Mar 04, 1:27PM CST
The CNBC 'Fast Money Halftime' trading panel looks at financial stocks, interest rates, European equities and energy stocks.
DVN: 61.86 (+0.61), EWG: 29.42 (-0.07), EXXI: 4.48 (-0.29), HES: 74.84 (+0.35), OIH: 34.97 (+0.06), XOP: 50.86 (+0.27), C: 53.67 (-0.06), EWQ: 26.16 (-0.11), XOM: 87.18 (-0.44), DB: 32.17 (-0.10), BAC: 15.84 (-0.20), TLT: 126.45 (+0.04), JNJ: 101.65 (-0.69), ESRX: 84.83 (+0.48), SPY: 210.23 (-0.89), QQQ: 108.45 (-0.42), JPM: 62.13 (+0.16), EWU: 18.86 (-0.09), DIA: 180.78 (-1.09), EOG: 90.49 (+0.12), IWM: 122.36 (-0.38), XLF: 24.31 (-0.15), XLE: 78.65 (-0.11), APC: 83.35 (+0.57)
Citi's own Winston Wolf guides bank through must-pass stress test
Seeking Alpha - at Seeking Alpha - Wed Mar 04, 12:16PM CST
C: 53.67 (-0.06)
Citigroup, MasterCard Align For A Mobile Pay Edge
at Investor's Business Daily - Wed Mar 04, 11:34AM CST
Citigroup (C) and MasterCard (MA) reached a 10-year partnership agreement on Wednesday to improve digital payment innovation and security. As part of the deal, the bank will align most of its proprietary consumer credit and debit portfolios to the...
T: 34.00 (-0.41), V: 273.75 (-1.55), EBAY: 58.31 (+0.05), AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20), GOOGL: 578.33 (-0.46), TMUS: 32.68 (-0.08), VZ: 49.07 (-0.48), AAPL: 128.54 (-0.82), MA: 91.71 (+0.74)
3 Companies That Could Unlock Shareholder Value Through a Split or Spinoff
Motley Fool Staff - Motley Fool - Wed Mar 04, 8:08AM CST
There are a number of reasons companies might consider spinning off parts of their operations. A spinoff may happen if a company's sales are sliding and it needs to raise cash. In other cases, activist investors lobby aggressively for a spinoff after...
GE: 25.66 (-0.20), PFE: 34.64 (+0.08), CMG: 664.16 (-4.27), C: 53.67 (-0.06), SYF: 31.89 (-0.25), HSP: 87.95 (+0.24), YUM: 80.08 (-1.43)
Why Citigroup Inc. Shares Banked 12% Gains in February
Sean Williams, The Motley Fool - Motley Fool - Wed Mar 04, 8:02AM CST
What: Following a dismal start to the year, shares of global banking giant Citigroup rallied 12% in February, according to data from S&P Capital IQ , after a quartet of positive news events. So what: It certainly wasn't a month of...
AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20)
3 Bank Stocks to Buy in March
Eric Volkman, Dan Caplinger, and Matthew Frankel, The Motley Fool - Motley Fool - Wed Mar 04, 7:11AM CST
Source: Flickr user: Vyacheslav Argenberg . The first earnings season of 2015 wasn't particularly kind to banks. Several big names in the sector fell short of expectations in their quarterly results on the back of numerous factors. These included,...
BOFI: 88.24 (-0.60), JPM: 62.13 (+0.16), C: 53.67 (-0.06)
Winner In Costco-Amex Divorce Seems Pretty Obvious: Costco
Dana Blankenhorn - at Seeking Alpha - Wed Mar 04, 4:10AM CST
V: 273.75 (-1.55), AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20)
Citigroup sheds OneMain unit
at Investor's Business Daily - Tue Mar 03, 5:29PM CST
Citigroup (C) agreed to sell its OneMain Financial personal loan unit to Springleaf (LEAF) for $4.25 bil cash. It's expected to close in Q3. Springfield's acquisition will create a subprime lender serving approximately 2.5 mil customers and having...
C: 53.67 (-0.06), LEAF: 49.91 (-0.32)
Citigroup (C) Anticipates Bleak Q1 Trading Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 03, 5:02PM CST
At an investor conference in Florida on Monday, Citigroup Inc.'s (C) CFO John Gerspach came up with its latest outlook.
GS: 189.67 (-1.60), NTRS: 69.37 (-0.80), JPM: 62.13 (+0.16), C: 53.67 (-0.06)
Visa Peaks All-Time High on Costco Alliance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 03, 4:00PM CST
Visa Inc. (V) has been trekking higher following the recent business developments, the latest of them being the seizure of the large credit card portfolio account of Costco Wholesale Corp. (COST) from American Express Co. (AXP) or AmEx.
V: 273.75 (-1.55), AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20)
Stock Market Takes A Break; Smith & Wesson Up After Close
at Investor's Business Daily - Tue Mar 03, 3:59PM CST
Stocks took a breather Tuesday after hitting record or multiyear highs in the prior session. After the close, Smith & Wesson (SWHC) and Veeva Systems (VEEV) were active after releasing their quarterly results. Gun maker Smith & Wesson posted earnings...
AKRX: 51.19 (+1.86), C: 53.67 (-0.06), TSL: 11.59 (+0.51), ATHM: 42.61 (+4.21), SMTC: 29.29 (-0.61), VEEV: 25.72 (-6.97), ANF: 20.27 (-3.72), AEO: 15.96 (+1.14), LEAF: 49.91 (-0.32), JD: 27.72 (+0.19), SWHC: 14.34 (+1.29), BABA: 85.49 (+3.91)
Morgan Stanley Under AG Radar, Lawsuit Around the Corner? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 03, 3:21PM CST
Morgan Stanley (MS) revealed a potential lawsuit by the New York Attorney General (AG) in its annual filing yesterday.
JPM: 62.13 (+0.16), C: 53.67 (-0.06), BAC: 15.84 (-0.20), MS: 35.09 (-0.73)
Stocks End Moderately Lower; Palo Alto Reverses Higher
at Investor's Business Daily - Tue Mar 03, 3:20PM CST
Major averages ended with modest losses Tuesday, one day after the Nasdaq topped the 5000 level. The Nasdaq lost 0.6% while the S&P 500 and Dow Jones industrial average shed 0.5% each. Preliminary data showed Nasdaq volume coming in higher than...
AMBA: 67.49 (+4.44), VEEV: 25.72 (-6.97), GPRO: 43.01 (+2.71), DKS: 55.98 (-0.02), C: 53.67 (-0.06), MIDD: 101.30 (-5.59), LEAF: 49.91 (-0.32), PANW: 143.51 (-5.39)
Stock Markets Take a Breather After Monday's Record Run
at The Street - Tue Mar 03, 3:11PM CST
Stocks took a break from smashing records and hitting multi-year highs on Tuesday.
BCS: 16.03 (+0.37), PSX: 77.96 (-0.13), F: 16.03 (-0.14), DKS: 55.98 (-0.02), PFE: 34.64 (+0.08), C: 53.67 (-0.06), MYL: 55.60 (+0.16), BBY: 39.79 (+0.61), COP: 64.25 (-0.53), LL: 35.64 (-5.14), XLV: 72.58 (+0.35), CELG: 119.57 (+1.10), AZO: 652.48 (+0.58), TOT: 52.82 (-0.27), GILD: 103.06 (+0.27), TGT: 77.72 (-0.28), LEAF: 49.91 (-0.32), GM: 37.57 (-0.23), BP: 41.53 (-0.21), XLE: 78.65 (-0.11), BABA: 85.49 (+3.91)
Stocks Recover From Lows After Crude Oil Jumps Over $50
at The Street - Tue Mar 03, 2:22PM CST
Stocks move off session lows by mid-afternoon Tuesday, buoyed by a rally in oil prices.
BCS: 16.03 (+0.37), F: 16.03 (-0.14), GE: 25.66 (-0.20), DKS: 55.98 (-0.02), PFE: 34.64 (+0.08), C: 53.67 (-0.06), MYL: 55.60 (+0.16), BBY: 39.79 (+0.61), LL: 35.64 (-5.14), XLV: 72.58 (+0.35), CELG: 119.57 (+1.10), AZO: 652.48 (+0.58), GILD: 103.06 (+0.27), GM: 37.57 (-0.23), LEAF: 49.91 (-0.32), BABA: 85.49 (+3.91)
Stocks In Red Ahead Of Close; Alibaba At Post-IPO Low
at Investor's Business Daily - Tue Mar 03, 2:14PM CST
Stocks were down with an hour left Tuesday, as the S&P 500 and the Dow Jones industrial average came off record highs and the Nasdaq slid from a 15-year peak. The Nasdaq fell 0.7%, while the S&P 500 and the Dow each lost 0.5%. Volume was mixed in the...
AKRX: 51.19 (+1.86), C: 53.67 (-0.06), LEAF: 49.91 (-0.32), MYL: 55.60 (+0.16), JD: 27.72 (+0.19), BABA: 85.49 (+3.91)
Some losses, but overall benefit to Citi from OneMain sale
Seeking Alpha - at Seeking Alpha - Tue Mar 03, 1:57PM CST
C: 53.67 (-0.06)
Protect Your Stock Portfolio Now While Volatility Is Low
at The Street - Tue Mar 03, 1:28PM CST
The CNBC ‘Fast Money Halftime’ trading panel looked at the market's current low volatility and how investors can use it to protect their long positions.
SPY: 210.23 (-0.89), QQQ: 108.45 (-0.42), OIH: 34.97 (+0.06), XOP: 50.86 (+0.27), C: 53.67 (-0.06), DIA: 180.78 (-1.09), AAL: 48.95 (+0.18), BP: 41.53 (-0.21), IWM: 122.36 (-0.38), TLT: 126.45 (+0.04), XLE: 78.65 (-0.11)
What Took Costco So Long to Dump AmEx and Embrace Visa?
Rich Duprey, The Motley Fool - Motley Fool - 34 mins ago
Costco will be replacing American Express with co-branded Visa cards from Citi. Costco (NASDAQ: COST) breaking up with American Express (NYSE: AXP) last month wasn't a surprise , but it still raises the question of what took the big-box...
DFS: 59.31 (-0.64), V: 273.75 (-1.55), AXP: 80.63 (-1.28), C: 53.67 (-0.06), WMT: 82.58 (-0.79), COST: 147.17 (-0.20), MA: 91.71 (+0.74)
Citigroup (C) Sheds OneMain for $4.25B to Springleaf - Analyst Blog
Zacks Equity Research - Zacks Investment Research - 1 hr 27 mins ago
Citigroup Inc. (C) announced the sale of its consumer-lending business OneMain Financial to Springleaf Holdings, LLC (LEAF) in a cash deal valued at $4.25 billion. The agreement which is subject to regulatory approvals is anticipated to close in third-quarter 2015.
BCS: 16.03 (+0.37), GS: 189.67 (-1.60), C: 53.67 (-0.06), LEAF: 49.91 (-0.32), BAC: 15.84 (-0.20)
Financial Stocks Higher Ahead of Stress Test Results, Oil Prices Fall
at The Street - Wed Mar 04, 1:27PM CST
The CNBC 'Fast Money Halftime' trading panel looks at financial stocks, interest rates, European equities and energy stocks.
DVN: 61.86 (+0.61), EWG: 29.42 (-0.07), EXXI: 4.48 (-0.29), HES: 74.84 (+0.35), OIH: 34.97 (+0.06), XOP: 50.86 (+0.27), C: 53.67 (-0.06), EWQ: 26.16 (-0.11), XOM: 87.18 (-0.44), DB: 32.17 (-0.10), BAC: 15.84 (-0.20), TLT: 126.45 (+0.04), JNJ: 101.65 (-0.69), ESRX: 84.83 (+0.48), SPY: 210.23 (-0.89), QQQ: 108.45 (-0.42), JPM: 62.13 (+0.16), EWU: 18.86 (-0.09), DIA: 180.78 (-1.09), EOG: 90.49 (+0.12), IWM: 122.36 (-0.38), XLF: 24.31 (-0.15), XLE: 78.65 (-0.11), APC: 83.35 (+0.57)
Citi's own Winston Wolf guides bank through must-pass stress test
Seeking Alpha - at Seeking Alpha - Wed Mar 04, 12:16PM CST
C: 53.67 (-0.06)
Citigroup, MasterCard Align For A Mobile Pay Edge
at Investor's Business Daily - Wed Mar 04, 11:34AM CST
Citigroup (C) and MasterCard (MA) reached a 10-year partnership agreement on Wednesday to improve digital payment innovation and security. As part of the deal, the bank will align most of its proprietary consumer credit and debit portfolios to the...
T: 34.00 (-0.41), V: 273.75 (-1.55), EBAY: 58.31 (+0.05), AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20), GOOGL: 578.33 (-0.46), TMUS: 32.68 (-0.08), VZ: 49.07 (-0.48), AAPL: 128.54 (-0.82), MA: 91.71 (+0.74)
3 Companies That Could Unlock Shareholder Value Through a Split or Spinoff
Motley Fool Staff - Motley Fool - Wed Mar 04, 8:08AM CST
There are a number of reasons companies might consider spinning off parts of their operations. A spinoff may happen if a company's sales are sliding and it needs to raise cash. In other cases, activist investors lobby aggressively for a spinoff after...
GE: 25.66 (-0.20), PFE: 34.64 (+0.08), CMG: 664.16 (-4.27), C: 53.67 (-0.06), SYF: 31.89 (-0.25), HSP: 87.95 (+0.24), YUM: 80.08 (-1.43)
Why Citigroup Inc. Shares Banked 12% Gains in February
Sean Williams, The Motley Fool - Motley Fool - Wed Mar 04, 8:02AM CST
What: Following a dismal start to the year, shares of global banking giant Citigroup rallied 12% in February, according to data from S&P Capital IQ , after a quartet of positive news events. So what: It certainly wasn't a month of...
AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20)
3 Bank Stocks to Buy in March
Eric Volkman, Dan Caplinger, and Matthew Frankel, The Motley Fool - Motley Fool - Wed Mar 04, 7:11AM CST
Source: Flickr user: Vyacheslav Argenberg . The first earnings season of 2015 wasn't particularly kind to banks. Several big names in the sector fell short of expectations in their quarterly results on the back of numerous factors. These included,...
BOFI: 88.24 (-0.60), JPM: 62.13 (+0.16), C: 53.67 (-0.06)
Winner In Costco-Amex Divorce Seems Pretty Obvious: Costco
Dana Blankenhorn - at Seeking Alpha - Wed Mar 04, 4:10AM CST
V: 273.75 (-1.55), AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20)
Citigroup sheds OneMain unit
at Investor's Business Daily - Tue Mar 03, 5:29PM CST
Citigroup (C) agreed to sell its OneMain Financial personal loan unit to Springleaf (LEAF) for $4.25 bil cash. It's expected to close in Q3. Springfield's acquisition will create a subprime lender serving approximately 2.5 mil customers and having...
C: 53.67 (-0.06), LEAF: 49.91 (-0.32)
Citigroup (C) Anticipates Bleak Q1 Trading Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 03, 5:02PM CST
At an investor conference in Florida on Monday, Citigroup Inc.'s (C) CFO John Gerspach came up with its latest outlook.
GS: 189.67 (-1.60), NTRS: 69.37 (-0.80), JPM: 62.13 (+0.16), C: 53.67 (-0.06)
Visa Peaks All-Time High on Costco Alliance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 03, 4:00PM CST
Visa Inc. (V) has been trekking higher following the recent business developments, the latest of them being the seizure of the large credit card portfolio account of Costco Wholesale Corp. (COST) from American Express Co. (AXP) or AmEx.
V: 273.75 (-1.55), AXP: 80.63 (-1.28), C: 53.67 (-0.06), COST: 147.17 (-0.20)
Stock Market Takes A Break; Smith & Wesson Up After Close
at Investor's Business Daily - Tue Mar 03, 3:59PM CST
Stocks took a breather Tuesday after hitting record or multiyear highs in the prior session. After the close, Smith & Wesson (SWHC) and Veeva Systems (VEEV) were active after releasing their quarterly results. Gun maker Smith & Wesson posted earnings...
AKRX: 51.19 (+1.86), C: 53.67 (-0.06), TSL: 11.59 (+0.51), ATHM: 42.61 (+4.21), SMTC: 29.29 (-0.61), VEEV: 25.72 (-6.97), ANF: 20.27 (-3.72), AEO: 15.96 (+1.14), LEAF: 49.91 (-0.32), JD: 27.72 (+0.19), SWHC: 14.34 (+1.29), BABA: 85.49 (+3.91)
Morgan Stanley Under AG Radar, Lawsuit Around the Corner? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 03, 3:21PM CST
Morgan Stanley (MS) revealed a potential lawsuit by the New York Attorney General (AG) in its annual filing yesterday.
JPM: 62.13 (+0.16), C: 53.67 (-0.06), BAC: 15.84 (-0.20), MS: 35.09 (-0.73)
Stocks End Moderately Lower; Palo Alto Reverses Higher
at Investor's Business Daily - Tue Mar 03, 3:20PM CST
Major averages ended with modest losses Tuesday, one day after the Nasdaq topped the 5000 level. The Nasdaq lost 0.6% while the S&P 500 and Dow Jones industrial average shed 0.5% each. Preliminary data showed Nasdaq volume coming in higher than...
AMBA: 67.49 (+4.44), VEEV: 25.72 (-6.97), GPRO: 43.01 (+2.71), DKS: 55.98 (-0.02), C: 53.67 (-0.06), MIDD: 101.30 (-5.59), LEAF: 49.91 (-0.32), PANW: 143.51 (-5.39)
Stock Markets Take a Breather After Monday's Record Run
at The Street - Tue Mar 03, 3:11PM CST
Stocks took a break from smashing records and hitting multi-year highs on Tuesday.
BCS: 16.03 (+0.37), PSX: 77.96 (-0.13), F: 16.03 (-0.14), DKS: 55.98 (-0.02), PFE: 34.64 (+0.08), C: 53.67 (-0.06), MYL: 55.60 (+0.16), BBY: 39.79 (+0.61), COP: 64.25 (-0.53), LL: 35.64 (-5.14), XLV: 72.58 (+0.35), CELG: 119.57 (+1.10), AZO: 652.48 (+0.58), TOT: 52.82 (-0.27), GILD: 103.06 (+0.27), TGT: 77.72 (-0.28), LEAF: 49.91 (-0.32), GM: 37.57 (-0.23), BP: 41.53 (-0.21), XLE: 78.65 (-0.11), BABA: 85.49 (+3.91)
Stocks Recover From Lows After Crude Oil Jumps Over $50
at The Street - Tue Mar 03, 2:22PM CST
Stocks move off session lows by mid-afternoon Tuesday, buoyed by a rally in oil prices.
BCS: 16.03 (+0.37), F: 16.03 (-0.14), GE: 25.66 (-0.20), DKS: 55.98 (-0.02), PFE: 34.64 (+0.08), C: 53.67 (-0.06), MYL: 55.60 (+0.16), BBY: 39.79 (+0.61), LL: 35.64 (-5.14), XLV: 72.58 (+0.35), CELG: 119.57 (+1.10), AZO: 652.48 (+0.58), GILD: 103.06 (+0.27), GM: 37.57 (-0.23), LEAF: 49.91 (-0.32), BABA: 85.49 (+3.91)
Stocks In Red Ahead Of Close; Alibaba At Post-IPO Low
at Investor's Business Daily - Tue Mar 03, 2:14PM CST
Stocks were down with an hour left Tuesday, as the S&P 500 and the Dow Jones industrial average came off record highs and the Nasdaq slid from a 15-year peak. The Nasdaq fell 0.7%, while the S&P 500 and the Dow each lost 0.5%. Volume was mixed in the...
AKRX: 51.19 (+1.86), C: 53.67 (-0.06), LEAF: 49.91 (-0.32), MYL: 55.60 (+0.16), JD: 27.72 (+0.19), BABA: 85.49 (+3.91)
Some losses, but overall benefit to Citi from OneMain sale
Seeking Alpha - at Seeking Alpha - Tue Mar 03, 1:57PM CST
C: 53.67 (-0.06)
Protect Your Stock Portfolio Now While Volatility Is Low
at The Street - Tue Mar 03, 1:28PM CST
The CNBC ‘Fast Money Halftime’ trading panel looked at the market's current low volatility and how investors can use it to protect their long positions.
SPY: 210.23 (-0.89), QQQ: 108.45 (-0.42), OIH: 34.97 (+0.06), XOP: 50.86 (+0.27), C: 53.67 (-0.06), DIA: 180.78 (-1.09), AAL: 48.95 (+0.18), BP: 41.53 (-0.21), IWM: 122.36 (-0.38), TLT: 126.45 (+0.04), XLE: 78.65 (-0.11)
