Today, I want to focus Citigroup (C) stock. And more specifically Citigroup stock chart. In the daily chart (below) you can see the classic looking cup and handle pattern setup brewing. The $54.00 – $54.50 level being the cup resistance line, …
This $7.5 billion investment from ADIA was going to convert in a little over two years into approximately 235 million publicly traded common shares of Citigroup stock, diluting all other shareholders. Despite these facts which called for …
Citigroup reported better-than-expected second-quarter results Friday. The stock, however, fell 1 percent after the bank reported a slowdown in trading results. The bank posted earnings per share of $1.28 on revenue of $17.901 billion, …
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Citigroup (C) broke out of a six-month ascending triangle consolidation pattern four weeks ago as it rallied above $62.69. Since then it has continued to progress in bullish fashion. A six-month base is long enough to create a solid floor for …
Today’s headlines uniformly say Citigroup Inc. C, -0.38% beat the consensus first-quarter earnings estimate. What does that mean to you, as an investor, trying to make a decision on whether to buy the stock? Nothing. Consider New York …
July 30 (Reuters) - Citigroup Inc's stock could rise nearly 50 percent to $100 a share by 2020 as the bank targets faster earnings growth, according to the newspaper Barron's in its July 31 edition. The bank is aiming for $9-per-share …
Citigroup provides consumer banking and credit, corporate and investment banking, securities, brokerage, wealth management and transaction services. The company and its corresponding sector have received a good amount of …
Citigroup (NYSE: C) announced it is laying off 11,000 employees, mostly in support functions, pushing the company's stock up more than 5 percent today. The financial firm said it was taking a "series of repositioning actions that will …
NEW YORK (CNNMoney) -- Citigroup on Monday announced a 1-for-10 reverse stock split of the company's common shares, and the bank will also reinstate its quarterly dividend. Citi (C, Fortune 500) common stock will begin trading on …
We believe that three primary factors are responsible for Citigroup’s stock performance. Firstly, the volatile nature of the securities trading business – and of debt trading in particular – has raised Citigroup’s overall risk profile for investors.
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