Citigroup Down 10.4% Since SmarTrend Downtrend Call (C)
Comtex SmarTrend(R) - Wed Oct 07, 10:25AM CDT
SmarTrend identified a Downtrend for Citigroup (NYSE:C) on August 11th, 2015 at $57.75. In approximately 2 months, Citigroup has returned 10.43% as of today's recent price of $51.72.
C: 51.32 (+0.26)
Fifth Third Resolves Faulty Mortgage Suit; to Pay $85M
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 10:20AM CDT
Fifth Third Bancorp (FITB) has come up with another settlement within a week related to its faulty lending practices prior to the financial crisis. The Cincinnati - based bank has agreed to resolve civil fraud claims related to mortgage loan practices with the settlement amount of $85 million.
FITB: 19.04 (+0.09), JPM: 62.13 (+0.08), C: 51.32 (+0.26), BAC: 15.75 (+0.06)
BlackRock Receives License to Trade in Saudi Arabia Market
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 10:00AM CDT
BlackRock (BLK) became the latest firm to obtain a qualified foreign investor license to trade directly in the $340 billion stock market of Saudi Arabia.
MRCC: 14.69 (+0.17), BLK: 320.64 (+7.91), C: 51.32 (+0.26), HSBC: 40.57 (+1.04)
How to Trade 4 'Too Big to Fail' Banks in Earnings Season
at The Street - Wed Oct 07, 8:48AM CDT
The four 'too big to fail' banks have been lagging the market over the last few trading sessions and face technical 'death crosses.' Here's how to trade them.
JPM: 62.13 (+0.08), C: 51.32 (+0.26), BAC: 15.75 (+0.06), WFC: 52.19 (+0.16)
Citi and NBC's TODAY Announce Multi-Year Sponsorship and Launch Citi Concert Series on TODAY
Business Wire - Wed Oct 07, 7:00AM CDT
Citi and NBC's TODAY announced this morning the Citi Concert Series on TODAY, to provide year-round opportunities for millions of Citi customers, TODAY viewers and fans to enjoy live performances by their favorite artists. This new multi-year sponsorship brings together Citi's and TODAY's decades of experience in live entertainment working with thousands of chart-topping artists.
C: 51.32 (+0.26)
Probe on Banks' Electronic FX Trade Rigging Intensifies
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 1:55PM CDT
Once again, banks are in the limelight; this time for their alleged manipulation of electronic FX trade. The NYDFS has intensified investigation into the matter.
BCS: 15.73 (+0.18), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), C: 51.32 (+0.26), CS: 25.32 (-0.06), HSBC: 40.57 (+1.04), DB: 28.79 (+0.39), UBS: 19.97 (+0.20)
Why is Citi Cutting Finance to Coal Mining Companies?
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 10:20AM CDT
Amid the heightened fossil fuel divestment movement that calls for offloading investments in fossil fuel companies, Citigroup Inc. (C) revealed that it is set to cut its funding pipeline to coal mining companies
IBKR: 39.42 (+0.30), C: 51.32 (+0.26), STI: 39.55 (+0.35), BAC: 15.75 (+0.06)
3 Big Banking Scandals You Should Know About
at The Street - Tue Oct 06, 10:05AM CDT
If you're new to financial news or investing, here are three recent banking scandals with broad repercussions that you should know about.
BCS: 15.73 (+0.18), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), C: 51.32 (+0.26), HSBC: 40.57 (+1.04), RBS: 10.19 (+0.14), UBS: 19.97 (+0.20), LYG: 4.78 (+0.01)
How a China-Led Recession Will Impact Start-up Investing
at The Street - Tue Oct 06, 7:16AM CDT
Investors globally are watching the Chinese economy slip. If China ushers in a world recession, startups and crowdfunding will be affected, but it's uncertain to what degree.
FB: 92.40 (-0.40), C: 51.32 (+0.26), GOOGL: 670.00 (-1.64), TWTR: 29.83 (+2.21), MS: 32.93 (+0.57)
Watch for Citigroup to Potentially Pullback After Gaining 2.57% Yesterday
Comtex SmarTrend(R) - Mon Oct 05, 4:11PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $50.34 to a high of $51.33. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $50.00 on volume of 14.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
C: 51.32 (+0.26)
SmarTrend Watching for Potential Pullback in Shares of Citigroup After 2.57% Gain
Comtex SmarTrend(R) - Mon Oct 05, 4:10PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $50.34 to a high of $51.33. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $50.00 on volume of 14.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
C: 51.32 (+0.26)
Credit Suisse Gets Waiver to Continue US Pension Business
Zacks Equity Research - Zacks Investment Research - Mon Oct 05, 2:45PM CDT
Credit Suisse Group AG (CS) has been granted an exemption from the U.S. Department of Labor that will enable the Swiss banking giant to continue to offer asset management services to retirement plans
JPM: 62.13 (+0.08), C: 51.32 (+0.26), CS: 25.32 (-0.06), UBS: 19.97 (+0.20)
Citigroup (C) Breaks Through Resistance at $50.60
Comtex SmarTrend(R) - Mon Oct 05, 11:53AM CDT
Citigroup (NYSE:C) has opened bullishly above the pivot of $49.16 today and has reached the first level of resistance at $50.60. Investors may be interested in a cross of the next upside pivot targets of $51.33 and $53.50.
C: 51.32 (+0.26)
Citi Statement on Trans-Pacific Partnership
Business Wire - Mon Oct 05, 11:53AM CDT
Citi issued the following statement on the Trans-Pacific Partnership agreement reached today between the United States and eleven international countries.
C: 51.32 (+0.26)
Critical Alerts For PayPal Holdings Inc., Google, Cliffs Natural Resources, Citigroup and Randgold Resources Released By InvestorsObserver
PR Newswire - Mon Oct 05, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for PYPL, GOOGL, CLF, C and GOLD.
GOLD: 65.62 (+0.88), C: 51.32 (+0.26), CLF: 2.94 (-0.57), GOOGL: 670.00 (-1.64), PYPL: 32.38 (+0.52)
Citi Joins Forces with the Evening Standard's "the Estates We're In"
Business Wire - Mon Oct 05, 6:50AM CDT
Citi (NYSE: C) has committed financial and volunteer support to the London Evening Standard's recently launched '"The Estate We're In". Citi will work closely with The London Community Foundation on the project.
C: 51.32 (+0.26)
Bank Stocks Hit As Weak Jobs Data Flattens Yield Curve
at Investor's Business Daily - Fri Oct 02, 3:54PM CDT
The weak September jobs report had a silver lining for most stocks: The Federal Reserve will be less likely to raise interest rates this year. But for JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC) and Citigroup (C), it's just another...
RF: 9.21 (+0.12), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), USB: 41.79 (+0.30), C: 51.32 (+0.26), WFC: 52.19 (+0.16), BAC: 15.75 (+0.06)
Bank Stock Roundup: Restructuring Continues; Fifth Third, Wells Fargo in Focus
Zacks Equity Research - Zacks Investment Research - Fri Oct 02, 2:53PM CDT
Global concerns such as slowdown in China and downward pressure on oil prices have also been adversely impacting the banking stocks.
GE: 27.77 (+0.48), FITB: 19.04 (+0.09), COF: 74.96 (-0.26), BBT: 36.81 (+0.39), JPM: 62.13 (+0.08), USB: 41.79 (+0.30), C: 51.32 (+0.26), MTB: 119.62 (+2.19), BAC: 15.75 (+0.06), WFC: 52.19 (+0.16), PNC: 90.56 (+0.61)
Citigroup (C) Crosses Pivot Point Support at $49.41
Comtex SmarTrend(R) - Fri Oct 02, 11:45AM CDT
Shares of Citigroup (NYSE:C) opened today below their pivot of $49.70 and have already reached the first level of support at $49.41. Analysts will be watching for a cross of the next downside pivot targets of $48.92 and $48.14.
C: 51.32 (+0.26)
This Is What Fueled C&J Energy Services Ltd.’s 32.2% Plunge in September
Matthew DiLallo, The Motley Fool - Motley Fool - Fri Oct 02, 11:42AM CDT
What: September was a month to forget for C&J Energy Services as the stock was just hammered. While some of the downdraft was caused by persistently weak oil prices, which fell 8.5% last month, there were two other news items putting...
CJES: 5.14 (+0.11), C: 51.32 (+0.26)