|Bid||64.75 x 1200|
|Ask||64.74 x 900|
|Day's Range||64.33 - 65.23|
|52 Week Range||63.18 - 80.70|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 14, 2019|
|Forward Dividend & Yield||1.80 (2.74%)|
|1y Target Est||85.11|
Marcie Allen, music executive and founder of MAC Presents, is an expert at pivoting her career and carving her own path, and has thrived in the music industry for more than two decades. Through her company MAC Presents, Allen creates corporate sponsorships between brands and musicians, forging powerful—and lucrative—deals.
FRANKFURT/NEW YORK (Reuters) - Buyout group Carlyle (CG.O) has picked four banks to lead the U.S. stock market listing of German speciality chemicals group Atotech, a former part of oil group Total (TOTF.PA), people close to the matter said. Bank of America (BAC.N), Citi (C.N), Credit Suisse (CSGN.S), JP Morgan (JPM.N) have been chosen to organise the initial public offering, which is expected to take place as early as the second quarter of 2019, the people said. Carlyle and the banks declined to comment.
Citigroup (C) might acquire a majority stake with 51% holding in its Chinese securities venture -- Citi Orient Securities Co Joint venture -- reports Bloomberg.
The company said there was a slowdown in July and August sales because it had sold through much of its gardening and outdoor product categories earlier than normal after the fine weather in May and June. Adjusted pre-tax profit in the first half was £98.8m on revenue of £1.56bn. Analysts had expected revenues of £1.57bn and pre-tax profit of £99m, according to figures compiled by Bloomberg.
Talks with existing JV partner Orient Securities Co. about Citigroup raising its stake to 51 percent from 33 percent haven’t led anywhere, leading executives to start weighing other options, the people said. Citigroup also wants the JV to push into equities and fixed-income trading, a move that would put it in direct competition with Orient Securities, they said. Foreign firms can only enter China’s securities market by setting up joint ventures with local partners, a restriction that exists in several industries.
Investing.com - The Dow tumbled Monday as tech stocks continued to bleed, led by a selloff in Apple on fresh signs of weak iPhone demand.
Goldman Sachs[ticker symb=GS] stock tumbled on Monday, as the fallout deepened over a scandal surrounding the plundering of a Malaysian government investment fund. Other bank stocks also fell. Goldman Sachs Stock Goldman Sachs stock plunged 7.5% to close at 206.05 in the stock market today. The drop follows a 3.9% decline on Friday. The stock over that time has sliced...
Investing.com - Apple shares fell sharply Monday, triggering a rout in the broader tech sector, after one of its suppliers cut its outlook, fuelling speculation of waning demand for Apple's latest iPhones.
In this daily bar chart of Action Alerts PLUS holding C, below, we can see prices moving lower in a broad bearish channel. The daily On-Balance-Volume (OBV) line shows a peak in August followed by an irregular decline. A bearish OBV line tells me that sellers of C have been more aggressive.
Citibank, N.A. Ecuador Branch, with support from Citi Inclusive Finance and Banco Guayaquil, reached a three-year, $20 million financing agreement in September to expand financial inclusion in Ecuador by supporting Guayaquil’s ability to provide micro-loans through its “Banco del Barrio” program. With over 520,000 previously-unbanked clients that now have “Amiga Accounts” and a $70m loan book to finance microenterprises, Banco Guayaquil’s “Banco del Barrio” is one of the pioneering and most comprehensive inclusive finance programs in Latin America, significantly expanding access to financial services in Ecuador by leveraging a network of more than 4,400 non-bank customer touchpoints across the country.
Citi has today announced the launch of its Multi-Currency Notional Pooling Capabilities in the Netherlands.
is looking for a bigger office in Paris after boosting the number of trading jobs it plans to relocate to the city as the US bank steps up preparations for Brexit. Citi’s decision has been prompted by many staff lobbying for a move to the French capital rather than Frankfurt, people familiar with the deliberations said. The bank is now likely to transfer fewer jobs to the German city, which it has picked as Citi’s main trading hub following the UK’s planned departure from the EU.
The owners of a soaring office tower in the Long Island City neighborhood of Queens are in a tough spot. Savanna, a New York real-estate investor, faces a looming, million-square-foot hole in One Court Square, the 53-story property that many New Yorkers know best as the tower with the Citi sign staring out across the East River. The investment firm is in advanced discussions with Amazon.com to lease much or all that vacant space, if the online retail giant decides to put some of its HQ2 operations in New York, according to people familiar with the matter.
Citigroup (C) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.