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Latest C News From Around the Web
Below are the latest news stories about CITIGROUP INC that investors may wish to consider to help them evaluate C as an investment opportunity.
1 Stock to Buy, 1 Stock to Sell This Week: Goldman Sachs, Citigroup• Inflation data, retail sales, and the start of Q4 earnings season will be in focus this week. • Goldman Sachs is a buy with strong earnings on deck. • Citigroup is a sell amid weak profit and revenue outlook. • Looking for more actionable trade ideas? Subscribe here for 50% off InvestingPro! U.S. stocks sold off on Friday to close sharply lower after the latest jobs report came in far stronger than expected, dampening bets for more rate cuts from the Federal Reserve this year. All three of the |
Is Citigroup Inc. (C) the Best Financial Stock to Buy According to Hedge Funds?We recently compiled a list of the 10 Best Financial Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Citigroup Inc. (NYSE:C) stands against the other best financial stocks to buy according to hedge funds. According to the Business Research Company, the market for financial […] |
Can Bank Stocks Sustain Recent Momentum?Despite the outperformance from the big banks over the past year, they are still cheap on most conventional valuation metrics. Should investors take a closer look? |
Big banks earnings, Kohl's CEO, December CPI: What to WatchAfter the closing bell on Wall Street, Market Domination Overtime Co-Hosts Julie Hyman and Josh Lipton examine what's on deck for investors next week. Big banks kick off earnings season with JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citi (C), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) set to report quarterly results throughout the week. KB Homes (KBH), UnitedHealthcare Group (UNH), and Taiwan Semiconductor Manufacturing Company (TSM) will also release earnings reports. Kohl's (KSS) announced that CEO Tom Kingsbury will be stepping down from the role effective January 15, 2025. Former Michaels Companies CEO Ashley Buchanan has been named his replacement. The market will get fresh economic data with the Producer Price Index (PPI) coming out on Tuesday, January... |
Oil Rises as Russia Sanctions Bolster Crude’s Hot Start to 2025(Bloomberg) -- Oil settled at a three-month high as the US ratcheted up sanctions against Russia, adding to a run of bullish developments that have propelled crude to a strong start to 2025.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersBrent futures rose 3.7% to s |
Stocks to watch next week: Goldman Sachs, Antofagasta, TSMC, Vistry and OcadoEarnings preview of key companies reporting next week and what to look out for. |
Oil Surges on Supply Risks Amid Prospects of Tighter SanctionsOil prices jumped in midday European trade as investors focus on potential supply disruptions and expectations of stronger heating-fuel demand due to colder temperatures. |
Wall Street just got another sign that dealmaking is on the reboundInvestment banking revenues soared at Jefferies Financial in the fourth quarter, a positive sign for Wall Street as bigger banks prepare to report their results next week. |
Saudi PIF-Backed Cooling Firm Taps Citi, SNB Capital for IPO(Bloomberg) -- Saudi Tabreed District Cooling Co. is working with Citigroup Inc. and SNB Capital for a potential initial public offering in Riyadh, according to people familiar with the matter.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?The firm, back |
Citi plans to donate undisclosed amount to Trump inaugurationWall Street giant Citigroup plans to contribute an as-yet undisclosed sum to President-elect Donald Trump's inauguration fund, according to a person familiar with the matter, joining fellow major lenders Bank of America and Goldman Sachs. Top donors to Trump's inauguration fund, which may raise a record-breaking sum, will gain access to Trump and Vice President-elect J.D. Vance during a suite of high-end festivities in the weekend prior to Trump's swearing in on Jan. 20, according to media reports. Cryptocurrency firms, tech giants and automakers have announced contributions of $1 million or more. |