Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program. Citigroup beat estimates for fourth-quarter profit,
Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock-
Citi opened an upside 30-Day Catalyst Watch on Cisco Systems (NASDAQ:CSCO), expiring on Feb. 16. Analysts Atif Malik said they opened a positive catalyst watch as they expect Cisco to benefit from improving dynamics in the campus switching market (about 20% of sales).
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star."
Keefe Bruyette raised the firm’s price target on Citi (C) to $92 from $85 and keeps an Outperform rating on the shares. The bank reported solid
Citi says Elon Musk was reportedly mentioned as a potential buyer of Intel (INTC) behind the paywall of SemiAccurate, the website that broke
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
The successor to the Citi Prestige, dubbed the Citi Strata Elite, could be released in 2025. Here's what I want to see from statement credits, lounge access, earning rates and transfer partners.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
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