64.36 -0.02 (-0.03%)
After hours: 4:23PM EST
Previous Close | 64.27 |
Open | 63.73 |
Bid | 64.30 x 800 |
Ask | 64.37 x 4000 |
Day's Range | 63.52 - 64.65 |
52 Week Range | 48.42 - 78.42 |
Volume | 10,749,465 |
Avg. Volume | 20,857,488 |
Market Cap | 152.484B |
Beta (3Y Monthly) | 1.77 |
PE Ratio (TTM) | 9.63 |
EPS (TTM) | 6.69 |
Earnings Date | Apr 15, 2019 |
Forward Dividend & Yield | 1.80 (2.88%) |
Ex-Dividend Date | 2019-02-01 |
1y Target Est | 76.81 |
England's High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around £9 billion in assets to a new Irish company just before the starting gun is fired on Brexit. The move, timed for 2259 GMT on March 29, is part of a wider withdrawal of business and money by financial companies seeking to keep contracts and policies within the European Union even after Britain departs. Brexit formally takes effect at 2300 GMT on March 29.
Investing.com - Student-loan giant Navient rallied Tuesday after Canyon Capital Advisors and Platform Equity Advisors hinted at making an improved offer after an initial $3.1 billion bid was rejected.
The government expects to spend S$4.6 billion ($3.4 billion) over three years to boost Singapore’s growth, he said. The finance minister opened his speech by talking about the changing global and domestic landscape and the importance of planning for the long term, while being open to diversity. Weaker demand and U.S.-China trade tensions saw Singapore’s export-reliant economy grow at a slower pace than expected in the fourth quarter.
Bankers at Citigroup's (C) Brazilian investment banking division are targeting the largest asset sales and are planning to compete for mandates in the deals.
Investing.com - Stocks in focus in premarket trade Tuesday:
Citigroup Inc expects to boost annual revenue in Brazil over the next years by advising potential public asset sales and through a revival in capital markets, its chief executive officer in Brazil told journalists on Monday. Marcelo Marangon said Citi expects its annual revenue in Brazil to grow to $1.5 billion from $1.1 billion over the next years. Bankers of Citi's Brazilian investment banking division are already targeting the largest asset sales and planning to vie for mandates in the transactions.
Citigroup's (C) chief executive officer (CEO) - Michael Corbat - receives about 4.35% pay hike in total compensation package to $24 million for 2018.
Citigroup is in talks to buy the tower housing its European headquarters in London's Canary Wharf district, which is on the market with a price tag of around 1.2 billion pounds ($1.55 billion), a source familiar with the matter said. The tower at 25 Canada Square, which already houses many of the bank's 6,000 London-based staff, was put up for sale in October by AGC Equity Partners. The source said a deal had yet to be agreed, with Citi unlikely to offer the full asking price.
Citigroup is in talks to buy the tower housing its European headquarters in London's Canary Wharf district, which is on the market with a price tag of around 1.2 billion pounds ($1.55 billion), a source familiar with the matter said. The tower at 25 Canada Square, which already houses many of the bank's 6,000 London-based staff, was put up for sale in October by AGC Equity Partners. The source said a deal had yet to be agreed, with Citi unlikely to offer the full asking price.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Looking at Citigroup Inc.'s (NYSE:C) earnings updateRead More...
received a compensation package valued at $24 million in 2018, a 4% raise from the $23 million he earned in the prior year, according to a securities filing Friday. The rest of his pay package is made up of about $7.88 million in equity awards and a long-term performance-based pay worth $7.88 million. In determining Mr. Corbat’s pay, Citi said it considered the steady progress it made in 2018 toward reaching its financial goals.
Corbat's total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a long-term performance based pay worth $7.88 million. Members of the board said they considered the bank's earning operating performance, and market levels of pay when deciding his compensation. A year earlier, Corbat enjoyed a 48 percent raise for a total annual compensation of $23 million as the bank grew adjusted profit by 4 percent.
Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million. Corbat's total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a long-term performance based pay worth $7.88 million. Members of the board said they considered the bank's earning operating performance, and market levels of pay when deciding his compensation.
Advisers to Venezuelan opposition leader Juan Guaido are asking Citibank not to claim gold put up as collateral for a loan to the government of President Nicolas Maduro if his administration does not make payments on time, a lawmaker said on Friday. Citi would be entitled to keep the gold if cash-strapped Venezuela does not pay the loan when it expires in March, lawmaker Angel Alvarado said, without specifying the value of the gold in question. Allies of Guaido, who has been recognized by the United States and more than 40 countries across the world as Venezuela's legitimate leader, is asking the bank not to invoke the guarantee.
Investing.com - The Dow wrapped up the week in strong form Friday, notching an eighth-straight week of gains as optimism that the U.S. and China were closing in on a trade deal triggered a sea of green across Wall Street.
Citigroup Stock: Potential Upside(Continued from Prior Part)Strong financial performance Citigroup (C) impressed investors with its financial performance in 2018 due to higher net interest revenues, lower costs, and a decline in the effective tax
Citigroup Stock: Potential Upside(Continued from Prior Part)Quarterly growth projections Citigroup (C) has a strong history of beating analysts’ earnings estimates. The bank has beaten analysts’ estimates in the past eight quarters with an
Banks have been among the biggest beneficiaries of the tax overhaul, reaping billions of dollars in savings after the corporate tax rate was cut to 21% from 35%. In the past, banks had tended to pay more in taxes than big companies in other sectors, since so much of their business is centered in the U.S. That means the big drop in the tax rate benefited them even more. all had effective tax rates in the high teens or low 20s during 2018, excluding one-time items—a sharp drop from the past, when the biggest banks’ tax rates tended to be in the high 20s or low 30s.
Citigroup Inc's China unit on Thursday named Ji Yang head of markets & securities services , and Vicky Tsai head of securities services. Most recently, Yang was the bank's head of corporate sales and structuring ...
In awarding the sum, the compensation committee of Citi’s board noted the bank’s 2018 net income of $18bn, a year-on-year increase of 14 per cent adjusted for the impact of President Donald Trump’s tax cut. Citigroup shares fell by 30 per cent in 2018. David Solomon, who earned $23m last year, but only served part of the year as chief executive.
Israel's freelance marketplace Fiverr International Ltd has hired Citigroup and JPMorgan Chase to underwrite its initial public offering in the United States, Bloomberg reported on Thursday, citing people ...
(Bloomberg) -- Fiverr International Ltd., an Israeli startup offering an online marketplace for freelance services, hired Citigroup Inc. and JPMorgan Chase & Co. to manage an initial public offering in New York, according to people familiar with the matter.
Headline retail sales dropped 1.2 per cent month-on-month, a sharp turn from November’s 0.1 per cent gain and far worse than the 0.2 per cent increase economists had pencilled in. The “control” category of sales — which strips out items including cars, petrol, building materials and food services — fell by a steeper amount, 1.7 per cent, in the month, the poorest reading since 2001.
Bank of America Stock: Analyzing the Uptrend(Continued from Prior Part)Stellar performance Bank of America (BAC) recorded stellar EPS growth in 2018 due to the higher net interest income, control over costs, improved asset quality, the lower