Citigroup Inc (C) 47.51 $C
Financial ETFs Surged in August: Will the Rally Last?
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 11:08AM CDT
The financial sector outperformed other broader S&P 500 sectors last month and led ETFs from the space to surge.
KRE: 43.09 (+0.37), KBE: 34.23 (+0.27), VFH: 50.85 (+0.29), ADP: 90.39 (-0.24), C: 47.51 (+0.15), BAC: 16.00 (+0.02), XLF: 24.57 (+0.11), IYF: 92.41 (+0.57), MS: 31.89 (-0.02)
Citigroup Set to Possibly Rebound After Yesterday's Selloff of 1.17%
Comtex SmarTrend(R) - Thu Sep 01, 11:49AM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $46.76 to a high of $48.03. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $47.11 on volume of 10.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 47.51 (+0.15)
SmarTrend Watching for Potential Rebound in Shares of Citigroup After 1.17% Loss
Comtex SmarTrend(R) - Thu Sep 01, 11:47AM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $46.76 to a high of $48.03. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $47.11 on volume of 10.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 47.51 (+0.15)
Will Bank Stocks be the Next Hot Stocks?
Tracey Ryniec - Zacks Investment Research - Wed Aug 31, 4:34PM CDT
Investors are ignoring bank stocks which makes them a rare value opportunity.
HMST: 26.22 (+0.17), C: 47.51 (+0.15), FBC: 28.00 (+0.21), CVCY: 15.78 (+0.31), BAC: 16.00 (+0.02)
Former Citigroup Executive Joins Newport Beach, California-Based Cambridge Companies as Managing Partner
BusinessWire - Wed Aug 31, 8:02AM CDT
Newport Beach, California based Cambridge Companies appoints David Patton as Managing Partner. Mr. Patton led a team at Citigroup (NYSE: C) and was responsible for acquisition and corporate finance advisory services to middle market clients with enterprise values up to $500 million. At Citigroup, he conducted transactions in key economic sectors including retail, manufacturing, distribution, service, medical, hospitality, agriculture, action sports and real estate. "David Patton adds a tremendous amount of intellectual capital to our firm, our clients and investment partners," stated Polina Chebotareva, Partner at Cambridge Companies.
C: 47.51 (+0.15)
FDIC-Insured Banks: Q2 Earnings Grow on Higher Revenues
Zacks Equity Research - Zacks Investment Research - Wed Aug 31, 7:50AM CDT
An increase in net interest income driven by loan growth and a slight rise in fee income aided the FDIC-Insured Banks' second quarter 2016 earnings.
JPM: 67.49 (+0.28), USB: 44.16 (+0.13), C: 47.51 (+0.15), BAC: 16.00 (+0.02), WFC: 50.55 (+0.12)
Stock Market News for August 30, 2016
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 9:10AM CDT
Benchmarks finished higher on Monday, mostly helped by gains in financial stocks
HRS: 93.69 (+0.84), T: 40.95 (-0.01), C: 47.51 (+0.15), DIS: 94.42 (+0.16), GRC: 27.41 (+0.21), RBA: 35.08 (+0.36), BAC: 16.00 (+0.02), WFC: 50.55 (+0.12), CAT: 81.69 (+0.24), VZ: 52.88 (+0.32), TWX: 78.53 (+0.37)
Citigroup (C) Breaks Through Resistance at $47.33
Comtex SmarTrend(R) - Mon Aug 29, 9:06AM CDT
Shares of Citigroup (NYSE:C) opened today above their pivot of $47.02 and have already reached the first level of resistance at $47.33. Analysts will be watching for a cross of the next upside pivot targets of $47.56 and $48.10.
C: 47.51 (+0.15)
Bank Stock Roundup: JPMorgan, Wells Fargo Settle Lawsuits
Zacks Equity Research - Zacks Investment Research - Fri Aug 26, 3:04PM CDT
Over the last five trading days, resolution of litigations and probes related to legacy matters and business misconducts dominated the banking space.
T: 40.95 (-0.01), JPM: 67.49 (+0.28), C: 47.51 (+0.15), DB: 14.90 (+0.21), BAC: 16.00 (+0.02), WFC: 50.55 (+0.12)
Citi Third Quarter 2016 Fixed Income Investor Review
BusinessWire - Fri Aug 26, 9:00AM CDT
John Gerspach, Chief Financial Officer, and James von Moltke, Treasurer, will conduct the Citigroup third quarter 2016 Fixed Income Investor Review at 10:00 AM (ET) on Wednesday, October 26, 2016. The review will be available live via webcast and teleconference.
C: 47.51 (+0.15)
The Zacks Analyst Blog Highlights: AT&T, Citigroup, T-Mobile US, Live Nation Entertainment and AMC Entertainment
Zacks Equity Research - Zacks Investment Research - Fri Aug 26, 8:30AM CDT
The Zacks Analyst Blog Highlights: AT&T, Citigroup, T-Mobile US, Live Nation Entertainment and AMC Entertainment
T: 40.95 (-0.01), C: 47.51 (+0.15), AMC: 30.50 (-0.01), TMUS: 47.29 (+1.04), LYV: 27.07 (+0.30)
Big Banks Team Up to Develop Blockchain Settlement System
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 4:25PM CDT
Wall Street's increasing focus on digital currency technology has been affirmed yet again with the recent teaming up of a group of financial giants for the development of Utility Settlement Coin (USC).
SAN: 4.56 (+0.04), GS: 169.18 (+0.67), JPM: 67.49 (+0.28), C: 47.51 (+0.15), DB: 14.90 (+0.21), UBS: 14.71 (+0.25), BK: 41.65 (+0.18)
Citigroup (C) Ends Legal Battle Over 'ThankYou' Trademark
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 4:16PM CDT
Citigroup Inc. (C) and AT&T, Inc. (T) have put an end to the legal tussle over trademark infringement.
T: 40.95 (-0.01), CACC: 199.72 (-0.99), EFSC: 31.23 (+0.17), C: 47.51 (+0.15)
AT&T and Citigroup Bury the Hatchet, 'Thanks' Reciprocated
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 7:27AM CDT
AT&T (T) and Citigroup (C) decided to settle their legal spat in relation to their promotional campaigns - AT&T's 'AT&T thanks' and Citigroup's 'thankyou' campaigns.
T: 40.95 (-0.01), C: 47.51 (+0.15), AMC: 30.50 (-0.01), TMUS: 47.29 (+1.04), LYV: 27.07 (+0.30)
Citigroup (C) Approaches New Upside Target of $47.05
Comtex SmarTrend(R) - Tue Aug 23, 9:19AM CDT
Citigroup (NYSE:C) has opened bullishly above the pivot of $46.55 today and has reached the first level of resistance at $46.86. Analysts will be watching for a cross of the next upside pivot targets of $47.05 and $47.55.
C: 47.51 (+0.15)
U.S. Banks on the Upswing - Latest Report on Citigroup and JPMorgan
ACCESSWIRE - Tue Aug 23, 8:01AM CDT
NEW YORK, NY / ACCESSWIRE / August 23, 2016 / U.S. bank stocks have been on the upswing after J.P. Morgan Chase & Co. reported earnings that have topped expectations last month. The SPDR KBW Bank ETF (NYSE-ARCA: KBE) is down roughly 2.3 percent year-to-date, but has rallied over 3.7 percent in the past month and outpacing the S&P 500's gain of roughly 0.35 percent over the same period. Register with us now for your free membership and gain access to our U.S. Banking reports at: www.rdinvesting.com/subscribe-today/.
KBE: 34.23 (+0.27), JPM: 67.49 (+0.28), C: 47.51 (+0.15)
Citi Supports Mtel in Launch of CreditCheck App in Hong Kong
BusinessWire - Tue Aug 23, 3:01AM CDT
Citi Hong Kong today announced that the recipient of Citi Mobile Challenge Asia Pacific "Best Money Manager Solution" award, Mtel, has taken its winning concept to market with the launch of the CreditCheck app in Hong Kong.
TRU: 33.57 (+0.37), C: 47.51 (+0.15)
Wells Fargo (WFC) Ordered to Pay $4 Million for Illegal Student Loan Practices
Madeleine Johnson - Zacks Investment Research - Mon Aug 22, 4:35PM CDT
On Monday, financial services stalwart Wells Fargo & Co. (WFC) has been ordered to pay $4 million to settle accusations that it engaged in illegal student loan practices like charging illegal fees, misrepresenting payments, and not updating inaccurate credit report data.
DFS: 60.02 (+0.42), JPM: 67.49 (+0.28), C: 47.51 (+0.15), WFC: 50.55 (+0.12)
Banks, Brokerage Firms Sued for Australian Rate Rigging
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 11:02AM CDT
Major global banks and brokerage firms have been sued for alleged manipulation of the Australian benchmark rate.
WBK: 22.27 (-0.02), C: 47.51 (+0.15), CS: 13.27 (+0.13), HSBC: 38.65 (+0.77), DB: 14.90 (+0.21), UBS: 14.71 (+0.25), RBS: 5.46 (+0.10), MS: 31.89 (-0.02), JPM: 67.49 (+0.28), RY: 62.77 (+0.49), LYG: 3.31 (+0.01)
Financial ETFs Surged in August: Will the Rally Last?
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 11:08AM CDT
The financial sector outperformed other broader S&P 500 sectors last month and led ETFs from the space to surge.
KRE: 43.09 (+0.37), KBE: 34.23 (+0.27), VFH: 50.85 (+0.29), ADP: 90.39 (-0.24), C: 47.51 (+0.15), BAC: 16.00 (+0.02), XLF: 24.57 (+0.11), IYF: 92.41 (+0.57), MS: 31.89 (-0.02)
Citigroup Set to Possibly Rebound After Yesterday's Selloff of 1.17%
Comtex SmarTrend(R) - Thu Sep 01, 11:49AM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $46.76 to a high of $48.03. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $47.11 on volume of 10.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 47.51 (+0.15)
SmarTrend Watching for Potential Rebound in Shares of Citigroup After 1.17% Loss
Comtex SmarTrend(R) - Thu Sep 01, 11:47AM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $46.76 to a high of $48.03. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $47.11 on volume of 10.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 47.51 (+0.15)
Will Bank Stocks be the Next Hot Stocks?
Tracey Ryniec - Zacks Investment Research - Wed Aug 31, 4:34PM CDT
Investors are ignoring bank stocks which makes them a rare value opportunity.
HMST: 26.22 (+0.17), C: 47.51 (+0.15), FBC: 28.00 (+0.21), CVCY: 15.78 (+0.31), BAC: 16.00 (+0.02)
Former Citigroup Executive Joins Newport Beach, California-Based Cambridge Companies as Managing Partner
BusinessWire - Wed Aug 31, 8:02AM CDT
Newport Beach, California based Cambridge Companies appoints David Patton as Managing Partner. Mr. Patton led a team at Citigroup (NYSE: C) and was responsible for acquisition and corporate finance advisory services to middle market clients with enterprise values up to $500 million. At Citigroup, he conducted transactions in key economic sectors including retail, manufacturing, distribution, service, medical, hospitality, agriculture, action sports and real estate. "David Patton adds a tremendous amount of intellectual capital to our firm, our clients and investment partners," stated Polina Chebotareva, Partner at Cambridge Companies.
C: 47.51 (+0.15)
FDIC-Insured Banks: Q2 Earnings Grow on Higher Revenues
Zacks Equity Research - Zacks Investment Research - Wed Aug 31, 7:50AM CDT
An increase in net interest income driven by loan growth and a slight rise in fee income aided the FDIC-Insured Banks' second quarter 2016 earnings.
JPM: 67.49 (+0.28), USB: 44.16 (+0.13), C: 47.51 (+0.15), BAC: 16.00 (+0.02), WFC: 50.55 (+0.12)
Stock Market News for August 30, 2016
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 9:10AM CDT
Benchmarks finished higher on Monday, mostly helped by gains in financial stocks
HRS: 93.69 (+0.84), T: 40.95 (-0.01), C: 47.51 (+0.15), DIS: 94.42 (+0.16), GRC: 27.41 (+0.21), RBA: 35.08 (+0.36), BAC: 16.00 (+0.02), WFC: 50.55 (+0.12), CAT: 81.69 (+0.24), VZ: 52.88 (+0.32), TWX: 78.53 (+0.37)
Citigroup (C) Breaks Through Resistance at $47.33
Comtex SmarTrend(R) - Mon Aug 29, 9:06AM CDT
Shares of Citigroup (NYSE:C) opened today above their pivot of $47.02 and have already reached the first level of resistance at $47.33. Analysts will be watching for a cross of the next upside pivot targets of $47.56 and $48.10.
C: 47.51 (+0.15)
Bank Stock Roundup: JPMorgan, Wells Fargo Settle Lawsuits
Zacks Equity Research - Zacks Investment Research - Fri Aug 26, 3:04PM CDT
Over the last five trading days, resolution of litigations and probes related to legacy matters and business misconducts dominated the banking space.
T: 40.95 (-0.01), JPM: 67.49 (+0.28), C: 47.51 (+0.15), DB: 14.90 (+0.21), BAC: 16.00 (+0.02), WFC: 50.55 (+0.12)
Citi Third Quarter 2016 Fixed Income Investor Review
BusinessWire - Fri Aug 26, 9:00AM CDT
John Gerspach, Chief Financial Officer, and James von Moltke, Treasurer, will conduct the Citigroup third quarter 2016 Fixed Income Investor Review at 10:00 AM (ET) on Wednesday, October 26, 2016. The review will be available live via webcast and teleconference.
C: 47.51 (+0.15)
The Zacks Analyst Blog Highlights: AT&T, Citigroup, T-Mobile US, Live Nation Entertainment and AMC Entertainment
Zacks Equity Research - Zacks Investment Research - Fri Aug 26, 8:30AM CDT
The Zacks Analyst Blog Highlights: AT&T, Citigroup, T-Mobile US, Live Nation Entertainment and AMC Entertainment
T: 40.95 (-0.01), C: 47.51 (+0.15), AMC: 30.50 (-0.01), TMUS: 47.29 (+1.04), LYV: 27.07 (+0.30)
Big Banks Team Up to Develop Blockchain Settlement System
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 4:25PM CDT
Wall Street's increasing focus on digital currency technology has been affirmed yet again with the recent teaming up of a group of financial giants for the development of Utility Settlement Coin (USC).
SAN: 4.56 (+0.04), GS: 169.18 (+0.67), JPM: 67.49 (+0.28), C: 47.51 (+0.15), DB: 14.90 (+0.21), UBS: 14.71 (+0.25), BK: 41.65 (+0.18)
Citigroup (C) Ends Legal Battle Over 'ThankYou' Trademark
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 4:16PM CDT
Citigroup Inc. (C) and AT&T, Inc. (T) have put an end to the legal tussle over trademark infringement.
T: 40.95 (-0.01), CACC: 199.72 (-0.99), EFSC: 31.23 (+0.17), C: 47.51 (+0.15)
AT&T and Citigroup Bury the Hatchet, 'Thanks' Reciprocated
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 7:27AM CDT
AT&T (T) and Citigroup (C) decided to settle their legal spat in relation to their promotional campaigns - AT&T's 'AT&T thanks' and Citigroup's 'thankyou' campaigns.
T: 40.95 (-0.01), C: 47.51 (+0.15), AMC: 30.50 (-0.01), TMUS: 47.29 (+1.04), LYV: 27.07 (+0.30)
Citigroup (C) Approaches New Upside Target of $47.05
Comtex SmarTrend(R) - Tue Aug 23, 9:19AM CDT
Citigroup (NYSE:C) has opened bullishly above the pivot of $46.55 today and has reached the first level of resistance at $46.86. Analysts will be watching for a cross of the next upside pivot targets of $47.05 and $47.55.
C: 47.51 (+0.15)
U.S. Banks on the Upswing - Latest Report on Citigroup and JPMorgan
ACCESSWIRE - Tue Aug 23, 8:01AM CDT
NEW YORK, NY / ACCESSWIRE / August 23, 2016 / U.S. bank stocks have been on the upswing after J.P. Morgan Chase & Co. reported earnings that have topped expectations last month. The SPDR KBW Bank ETF (NYSE-ARCA: KBE) is down roughly 2.3 percent year-to-date, but has rallied over 3.7 percent in the past month and outpacing the S&P 500's gain of roughly 0.35 percent over the same period. Register with us now for your free membership and gain access to our U.S. Banking reports at: www.rdinvesting.com/subscribe-today/.
KBE: 34.23 (+0.27), JPM: 67.49 (+0.28), C: 47.51 (+0.15)
Citi Supports Mtel in Launch of CreditCheck App in Hong Kong
BusinessWire - Tue Aug 23, 3:01AM CDT
Citi Hong Kong today announced that the recipient of Citi Mobile Challenge Asia Pacific "Best Money Manager Solution" award, Mtel, has taken its winning concept to market with the launch of the CreditCheck app in Hong Kong.
TRU: 33.57 (+0.37), C: 47.51 (+0.15)
Wells Fargo (WFC) Ordered to Pay $4 Million for Illegal Student Loan Practices
Madeleine Johnson - Zacks Investment Research - Mon Aug 22, 4:35PM CDT
On Monday, financial services stalwart Wells Fargo & Co. (WFC) has been ordered to pay $4 million to settle accusations that it engaged in illegal student loan practices like charging illegal fees, misrepresenting payments, and not updating inaccurate credit report data.
DFS: 60.02 (+0.42), JPM: 67.49 (+0.28), C: 47.51 (+0.15), WFC: 50.55 (+0.12)
Banks, Brokerage Firms Sued for Australian Rate Rigging
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 11:02AM CDT
Major global banks and brokerage firms have been sued for alleged manipulation of the Australian benchmark rate.
WBK: 22.27 (-0.02), C: 47.51 (+0.15), CS: 13.27 (+0.13), HSBC: 38.65 (+0.77), DB: 14.90 (+0.21), UBS: 14.71 (+0.25), RBS: 5.46 (+0.10), MS: 31.89 (-0.02), JPM: 67.49 (+0.28), RY: 62.77 (+0.49), LYG: 3.31 (+0.01)
