Citigroup Rises 1.31% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Jul 11, 11:53AM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $42.31 to a high of $42.75. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $42.27 on volume of 10.2 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: 42.29 (+0.31)
After Yesterday's Rally of 1.31% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jul 11, 11:52AM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $42.31 to a high of $42.75. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $42.27 on volume of 10.2 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: 42.29 (+0.31)
Stock Market News for July 11, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:10AM CDT
Benchmarks closed in the green on Friday following better-than-expected jobs report
MMM: 178.01 (+0.89), GE: 32.21 (+0.01), UTX: 103.96 (+0.30), FCX: 11.65 (+0.45), C: 42.29 (+0.31), XOM: 93.89 (+0.35), BAC: 13.21 (+0.04), WFC: 48.08 (+0.29), BA: 132.04 (+1.95), AA: 10.14 (+0.32), GS: 152.19 (+1.81), JPM: 62.27 (+0.44), CF: 24.67 (-0.19), COST: 166.72 (+1.28), DD: 64.24 (+0.55), CVX: 105.39 (+0.62), DOW: 49.85 (+0.45)
Get Ready to Play Q2 Earnings Season
Mark Vickery - Zacks Investment Research - Mon Jul 11, 9:08AM CDT
With Q2 results reporting after the bell today, Alcoa (AA) will once again unofficially ring in a new earnings season.
AA: 10.14 (+0.32), JPM: 62.27 (+0.44), C: 42.29 (+0.31), WFC: 48.08 (+0.29)
Buy 5 Mutual Funds with Dividend Yields Over 5%
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:48AM CDT
Thanks to the fall in bond yields, dividend paying mutual funds are more attractive now.
C: 42.29 (+0.31), BAC: 13.21 (+0.04)
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
JPM: 62.27 (+0.44), C: 42.29 (+0.31), WFC: 48.08 (+0.29), BAC: 13.21 (+0.04), PNC: 81.06 (+0.44)
Previewing the Q2 Earnings Season
Sheraz Mian - Zacks Investment Research - Fri Jul 08, 3:52PM CDT
Previewing the Q2 Earnings Season
AA: 10.14 (+0.32), FAST: 45.36 (+0.13), GE: 32.21 (+0.01), AES: 12.55 (+0.23), JPM: 62.27 (+0.44), C: 42.29 (+0.31), WFC: 48.08 (+0.29), CSX: 26.67 (+0.14), AAPL: 96.98 (+0.30)
Business events scheduled for the coming week
By The Associated Press - AP - Fri Jul 08, 12:53PM CDT
Business events and economic reports scheduled for the coming week:
DAL: 38.12 (+0.75), C: 42.29 (+0.31), CSX: 26.67 (+0.14), YUM: 86.44 (+0.68)
Will HSBC's Plan to Go Digital in China Boost Profits?
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 7:10AM CDT
HSBC Holdings Plc aims to expand its digital banking business in China, the second largest economy of the world, to benefit from its increasing online and mobile spending.
C: 42.29 (+0.31), HSBC: 31.08 (+0.57), CM: 74.70 (+0.17)
Citi (C) Merges Consumer Banking Businesses in EMEA & Asia
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:42AM CDT
In line with its continued efforts to streamline operations, Citigroup Inc. (C) is reportedly merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia.
HMST: 20.34 (+0.24), FMBI: 18.00 (+0.26), C: 42.29 (+0.31), FBC: 25.31 (+0.28)
Is Citigroup (C) Divesting Analytics Business 'Yield Book'?
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 3:15PM CDT
Wall Street banking giant Citigroup Inc. (C) continued with its strategy of divesting parts of its consumer and investment banking operations to free up capital, reduce expenses and in turn increase profits.
GLAD: 7.79 (+0.13), HTGC: 12.55 (+0.05), FMBI: 18.00 (+0.26), C: 42.29 (+0.31)
Blog Coverage Melrose Industries Acquires U.S. Ventilation Maker Nortek
ACCESSWIRE - Thu Jul 07, 8:18AM CDT
LONDON, UK / ACCESSWIRE / July 7, 2016 / Active Wall St. blog coverage looks at the headline from Nortek Inc. (NASDAQ: NTK). Register with us now for your free membership and blog access at:
BCS: 7.67 (+0.35), JPM: 62.27 (+0.44), HON: 118.57 (-0.27), C: 42.29 (+0.31), NTK: 87.25 (unch)
These 3 Retail Stocks Will Impress Investors this Earnings Season
ESTMZ - Thu Jul 07, 8:00AM CDT
Despite what it may seem, the retail sector and consumer spending has not exactly performed as media outlets have claimed. Internet retail has been the biggest growth catalyst in the sector, as more companies shift resources towards building out omni...
NFLX: 94.67 (-2.39), AMZN: 753.78 (+7.97), EBAY: 24.86 (+0.25), AXP: 62.16 (+0.67), C: 42.29 (+0.31), EXPE: 111.28 (+1.85), WMT: 74.06 (+0.22), COST: 166.72 (+1.28), VZ: 55.93 (+0.03)
Markets Right Now: US stocks shake off a stumble, end higher
AP - Wed Jul 06, 3:12PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
C: 42.29 (+0.31), BAC: 13.21 (+0.04)
Tokyo stocks down 3 percent, other Asian stocks slump
By YOUKYUNG LEE - AP - Tue Jul 05, 11:01PM CDT
SEOUL, South Korea (AP) — Asian stock markets slumped on Wednesday led by a 3-percent fall in Tokyo stocks while the British pound hit a new 31-year low. Investors worried about the effect of Britain's decision to leave the European Union on the U.K. real estate market following the Bank of England governor's remarks.
C: 42.29 (+0.31)
Don’t Get Caught Short These 3 Retailers this Earnings Season
ESTMZ - Tue Jul 05, 3:01PM CDT
Despite what it may seem, the retail sector and consumer spending has not exactly performed as media outlets have claimed. Internet retail has been the biggest growth catalyst in the sector, as more companies shift resources towards building out omni...
NFLX: 94.67 (-2.39), AMZN: 753.78 (+7.97), SPY: 213.40 (+0.75), AXP: 62.16 (+0.67), C: 42.29 (+0.31), EXPE: 111.28 (+1.85), WMT: 74.06 (+0.22), COST: 166.72 (+1.28), GOOGL: 727.20 (+9.42), VZ: 55.93 (+0.03)
Citigroup Set to Possibly Rebound After Yesterday's Selloff of 3.32%
Comtex SmarTrend(R) - Tue Jul 05, 12:04PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $40.64 to a high of $41.50. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $40.90 on volume of 13.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 42.29 (+0.31)