Downtrend Call Working As Citigroup Stock Falls 9.2% (C)
Comtex SmarTrend(R) - 2 hrs 29 mins ago
SmarTrend identified a Downtrend for Citigroup (NYSE:C) on August 11th, 2015 at $57.75. In approximately 2 months, Citigroup has returned 9.19% as of today's recent price of $52.44.
C: 52.49 (+0.68)
Citigroup Declares Common Stock Dividend
Business Wire - Thu Oct 22, 7:45AM CDT
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.05 per share, payable on November 25, 2015 to stockholders of record on November 2, 2015.
C: 52.39 (+0.58)
Watch for Citigroup to Potentially Rebound After Falling 1.95% Yesterday
Comtex SmarTrend(R) - Wed Oct 21, 3:52PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.79 to a high of $53.16. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $52.33 on volume of 15.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 52.50 (+0.69)
Look for Shares of Citigroup to Potentially Rebound after Yesterday's 1.95% Sell Off
Comtex SmarTrend(R) - Wed Oct 21, 3:51PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.79 to a high of $53.16. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $52.33 on volume of 15.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 52.50 (+0.69)
Price Collapse Means Hard Times for Alternative Oil Production
at The Street - Wed Oct 21, 2:30PM CDT
And this can have far-reaching implications; banks will feel the pain.
TSLA: 214.78 (+4.69), JPM: 63.46 (+1.40), C: 52.50 (+0.69), WFC: 54.36 (+1.24), BAC: 16.17 (+0.27)
Samsung Pay Is Finally Available For Verizon Customers
Madeleine Johnson - Zacks Investment Research - Wed Oct 21, 1:19PM CDT
Verizon customers have had to wait almost a month to use Samsung Pay since its launch.
T: 34.15 (+0.55), USB: 42.22 (+1.12), S: 4.47 (+0.13), C: 52.50 (+0.69), SYF: 31.61 (-0.85), BAC: 16.17 (+0.27), GOOGL: 683.06 (+11.26), TMUS: 40.60 (+0.38), AAPL: 115.06 (+1.30), VZ: 45.82 (+0.96), USM: 37.61 (+0.58)
Here's Why Bank Stocks Are Set to Rise Dramatically
at The Street - Wed Oct 21, 11:24AM CDT
Technical analysis shows bank stocks are poised for a rally. Don't miss this opportunity to profit.
C: 52.50 (+0.69), DB: 30.46 (+0.66)
Wells Fargo Will Soon Be the Nation’s Third-Biggest Bank by Assets, Overtaking Citigroup
John Maxfield, The Motley Fool - Motley Fool - Wed Oct 21, 10:20AM CDT
Data source: YCharts.com. Chart by author. The financial crisis was the best thing that ever happened to Wells Fargo . By steering clear of the most toxic types of subprime mortgages before the crisis, the California-based bank was able to...
GE: 29.72 (+0.87), C: 52.50 (+0.69), BAC: 16.17 (+0.27), WFC: 54.36 (+1.24)
Why Bank Stocks Like Citigroup and PNC Financial Services Look Cheap
at The Street - Wed Oct 21, 10:12AM CDT
Forget about when and whether the Federal Reserve will raise interest rates. Opportunity could be staring you right in the face, because these bank stocks appear cheap right now.
JPM: 63.46 (+1.40), C: 52.50 (+0.69), STI: 41.37 (+1.14), PNC: 90.02 (+2.44), BKU: 36.77 (+0.52)
Citi Strengthens Custody and Fund Services Organization
Business Wire - Wed Oct 21, 9:11AM CDT
Citi announced today that it has hired Dominic Crowe as Global Head of Product Development and Strategy for Custody and Fund Services and Bill Pryor as Global Head of Data and Analytics for Custody and Fund Services. In addition, Citi has appointed Jay Martin to run its North America Custody and Fund Services franchise.
C: 52.50 (+0.69)
Accenture, Partnership Fund for NYC and Leading Banks Call for Applicants for New York FinTech Innovation Lab 2016
M2 - Wed Oct 21, 8:22AM CDT
Applications are now being accepted for New York's sixth annual FinTech Innovation Lab, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that helps early- and growth-stage financial technology (fintech) companies accelerate product and business development by gaining exposure to top bank and venture capital executives. Applications are available at www.fintechinnovationlab.com and are due by Dec. 3.
AXP: 72.55 (-3.96), ALLY: 20.19 (-0.02), C: 52.50 (+0.69), WFC: 54.36 (+1.24), BAC: 16.17 (+0.27), MS: 32.20 (+0.72), GS: 183.70 (+4.00), COF: 76.16 (+2.48), JPM: 63.46 (+1.40), AIG: 61.06 (+0.83), ACN: 106.18 (+3.66)
5 Things Smart Investors Learned From Wells Fargo's Latest Conference Call
John Maxfield, The Motley Fool - Motley Fool - Tue Oct 20, 4:20PM CDT
Last week, Wells Fargo hosted a conference call to discuss its results for the third quarter. Here are the five most important things the bank's executives wanted investors to know. 1. Operating from a position of strength Because Wells...
GE: 29.72 (+0.87), JPM: 63.46 (+1.40), C: 52.50 (+0.69), BAC: 16.17 (+0.27), WFC: 54.36 (+1.24)
For Shaky Energy Stocks, You Have Options
at The Street - Tue Oct 20, 3:00PM CDT
Price distortion is happening in the energy patch.
AXP: 72.55 (-3.96), CHK: 7.92 (+0.05), C: 52.50 (+0.69), XCO: 1.31 (+0.03), SN: 7.48 (+0.08), BAC: 16.17 (+0.27), WFC: 54.36 (+1.24)
Citi Launches Enhanced Treasury Diagnostics Global Benchmarking Tool
Business Wire - Tue Oct 20, 8:00AM CDT
Citi announces the release of the newly enhanced version of Citi Treasury Diagnostics ("CTD"
C: 52.50 (+0.69)
4 Reasons to Buy the Big Banks After Earnings
Matthew Frankel, The Motley Fool - Motley Fool - Tue Oct 20, 5:28AM CDT
The large U.S. banks have all reported their third-quarter earnings, and on first glance, the numbers may not look very good. Investment banking and trading revenue is down due to global uncertainty, and banks are having a tough time growing profits...
JPM: 63.46 (+1.40), C: 52.50 (+0.69), WFC: 54.36 (+1.24), BAC: 16.17 (+0.27)
Interesting February 2016 Stock Options for Citigroup
StockOptionsChannel.com - Mon Oct 19, 12:15PM CDT
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Citigroup Inc . So this week we highlight one interesting put contract, and one interesting call contract, from the February...
C: 52.50 (+0.69)
How Wells Fargo Crushes Its Competition
John Maxfield, The Motley Fool - Motley Fool - Mon Oct 19, 10:42AM CDT
Wells Fargo has outperformed its three main competitors by such a wide margin over the past three decades that one would be excused for concluding it's in a league of its own. While its shares have returned a total of 7,070% since 1986, JPMorgan...
JPM: 63.46 (+1.40), C: 52.50 (+0.69), BAC: 16.17 (+0.27), WFC: 54.36 (+1.24)
Morgan Stanley's Q3 Earnings Buckle Under Trading Woes
Zacks Equity Research - Zacks Investment Research - Mon Oct 19, 10:32AM CDT
Morgan Stanley's third-quarter 2015 earnings, excluding DVA, earnings came in at 34 cents per share. The Zacks Consensus Estimate was pegged at 64 cents. Under-performance of FICC trading income was the main reason for this dismal results.
JPM: 63.46 (+1.40), C: 52.50 (+0.69), BAC: 16.17 (+0.27), MS: 32.20 (+0.72)
Stock Market News for October 19, 2015
Zacks Equity Research - Zacks Investment Research - Mon Oct 19, 9:10AM CDT
Benchmarks ended Friday’s choppy trading session higher, boosted by General Electric’s positive quarterly results and an upbeat consumer sentiment report
KO: 43.67 (+1.48), GE: 29.72 (+0.87), CBG: 35.05 (+0.78), C: 52.50 (+0.69), WMT: 58.95 (+0.31), VTR: 58.36 (+0.08), PEP: 102.73 (+2.48), PM: 89.73 (+0.75), GS: 183.70 (+4.00), JPM: 63.46 (+1.40), EQIX: 295.78 (+3.50), WY: 29.89 (+0.67), CVS: 104.12 (+0.83), PG: 75.13 (+1.54), MAC: 84.35 (+0.86)