When it comes to stock market movements, earnings are the ultimate driver.The second-quarter earnings season unofficially kicks off this week. Early reports have already begun to trickle in, with the focus now turning to the major bank results on Friday.The setup heading into the season is favorable; S&P 500 earnings are projected to grow 8.6% from the year-ago period on 4.7% higher revenues. That would mark the highest EPS growth rate in about two years. The theme of accelerating earnings growth and contin ...

Citigroup Inc. (C) is slated to report second-quarter 2024 results on Jul 12, before the opening bell. With the C stock currently trading at almost a two-year high of $66.55, should you buy it before the release of its quarterly results? Before we analyze the stock’s investment worthiness, let’s first check out how it is expected to fare this time. A globally diversified financial services holding company is expected to register bottom- and top-line growth in the to-be-reported quarter.The Zacks Consensus E ...

文章核心观点 - 花旗集团将退出海地市场 [1][2][3] - 这是花旗集团在海地市场50多年来的首次撤出 [4] - 这一战略举措与花旗集团全球业务精简和聚焦核心业务的战略方向一致 [6][7] - 其他金融机构如汇丰银行和巴克莱银行也在进行类似的业务重组和精简 [8][10] 根据相关目录分别进行总结 花旗集团退出海地市场的原因 - 基于客户细分和市场状况的战略业务评估 [3] - 国际业务活动疲软和海地机构客户需求减少 [3] 花旗集团在海地市场的历史 - 花旗集团在海地市场已有50多年的历史 [4] - 一直在协助当地公司、机构、个人和社区实现其财务目标 [4] - 促进了投资和其他有助于该国经济增长的活动 [4] - 在危机时期为提供关键服务的非政府组织提供了援助 [4] 花旗集团的全球战略调整 - 聚焦拉丁美洲市场,在该地区拥有超过一个世纪的历史和广泛的客户网络 [5] - 正在逐步退出中国内地消费者财富管理业务、韩国消费者银行业务以及俄罗斯业务 [6] - 计划退出墨西哥的消费者银行、小企业银行和中型企业银行业务 [7] 同业竞争对手的战略调整 - 汇丰银行正在重组德国业务,聚焦亚洲增长战略 [8][9] - 巴克莱银行出售其德国消费金融业务 [10][11] - 上述战略调整旨在聚焦核心业务,提高资本实力 [11]

Protesters who have been blockading the entrance of Citigroup’s New York City headquarters for more than a month claim they were shoved by one of the banking giant’s top lawyers in a violent scuffle caught on video — but the bank denies any wrongdoing by any of its employees.Shocking footage of the incident obtained by The Post, which has also been circulating in edited form on Instagram, shows a man in a blue, button-down dress shirt and jeans pushing against a line of protesters who are holding what looks ...

Citigroup (C) closed the most recent trading day at $64.74, moving +1.11% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.1%. At the same time, the Dow lost 0.08%, and the tech-heavy Nasdaq gained 0.28%.Shares of the U.S. bank have appreciated by 3.64% over the course of the past month, outperforming the Finance sector's gain of 1.14% and lagging the S&P 500's gain of 4.08%.The investment community will be paying close attention to the earnings perfo ...

Robert Way Citigroup Inc. (NYSE:C) is scheduled to release its second-quarter earnings report this Friday, July 12. As such, I decided to revisit my opinion of the stock, especially given the volatility baked into the banking industry. C Earnings Estimate (Seeking Alpha) I covered Citigroup's stock in March when I argued it was an undervalued asset. Although my prediction was somewhat correct, Citigroup's stock has shown moderate gains ever since. Pearl Gray's Previous Rating (Seeking Alpha) After further i ...

ALACHUA, Fla. and TAMPA, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, announced making an inducement grant on July 1, 2024, under NASDAQ listing rule 5635(c)(4) in connection with the hire of a new non-executive employee. In connection with the commencement of employment on June 17, 2024, and as a material inducement of employment, an award was made under the Company’s Inducement ...

A sign is posted in front of an Olive Garden restaurant on June 20, 2024 in Rohnert Park, California.Dividend-paying stocks can help investors bolster their portfolios and boost returns.Investors searching for these names will need to find companies that have a track record of making steady payments, backed by robust financials.Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance.Darden RestaurantsThe first ...

Andres VictoreroC stock’s 2024 stress test results I last covered Citigroup (NYSE: NYSE:C) with a buy rating in early April after its Q1 earnings report (see the screenshot below). At that time, my bull thesis was anchored in the following three considerations: Strong Q1 results, which beat market expectations on both GAAP EPS and revenue. Strong CET1 ratio of 13.5%, providing the financial strength to support growth opportunities. Reasonable valuations (especially in terms of the P/TBV ratio) and ge ...

文章核心观点 - 美国大型银行已经通过了2024年联邦储备局压力测试,可以向股东返还超额资本 [1] - 压力测试评估银行的资本充足性、流动性和风险管理实践,模拟经济衰退和资产价格大幅下跌等不利情况 [2][3] - 在今年的压力测试中,31家银行预计将遭受6850亿美元的损失,其中信用卡损失1750亿美元,企业贷款损失1420亿美元,商业地产损失800亿美元 [5][6] 根据目录分别总结 银行资本状况 - 在压力情况下,银行普通股一级资本(CET1)资本比率预计将从12.7%下降280个基点至9.9%,仍高于4.5%的最低要求 [6] - 银行资本充足,可以向股东发放股息和回购股票 [7] 银行对股东回报的态度 - 银行预计将对股东回报保持谨慎,直到对新的资本要求有更多了解 [8] - 持续的不利因素,如利率上升和商业地产贷款组合的不确定性,可能会限制银行的股东回报 [8] 后续动向 - 银行具体的股东回报计划将在周五晚些时候公布 [9]