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 Restaurants The ...

Andres Victorero C 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 generous ...

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]

Citigroup’s head of risk data, analytics, reporting and tech Peter Cai has reportedly become the latest senior executive to leave the bank. Cai’s departure was announced internally on Tuesday (June 25) and a Citigroup spokesman confirmed the move Wednesday (June 26), Reuters reported Wednesday. The executive had recently focused on risk data analytics and reporting, as data remediation was shifted in 2023 from his team to another, according to the report. A “large number” of senior executives have been amon ...

The J.P. Morgan building in Central Hong Kong, in Hong Kong, China, on March 6, 2022. (Photo by ... [+] Marc Fernandes/NurPhoto via Getty Images) NurPhoto via Getty Images JPMorgan’s stock (NYSE: JPM) has gained approximately 17% YTD, as compared to the 14% rise in the S&P500 over the same period. Notably, JPMorgan’s peer Citigroup (NYSE: C) is up 20% YTD. Overall, at the current market price of $199, JPM stock is trading 4% below its fair value of $208 – Trefis’ estimate for JPMorgan’s valuation. Amid the ...

Citigroup (C) closed at $61.58 in the latest trading session, marking a +0.39% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.09% for the day. At the same time, the Dow lost 0.1%, and the tech-heavy Nasdaq gained 0.16%. Shares of the U.S. bank witnessed a loss of 3.52% over the previous month, trailing the performance of the Finance sector with its gain of 0.26% and the S&P 500's gain of 2.83%. The upcoming earnings release of Citigroup will be of great interest to inv ...

Nils Versemann/iStock Editorial via Getty Images Citigroup (NYSE:C)(NEOE:CITI:CA) is in an interesting spot. Over many years, it has underperformed considerably against peers such as JPMorgan (JPM), Bank of America (BAC), and recently Wells Fargo (WFC) in terms of stock appreciation and relevant metrics for a bank. However, the aggressive restructuring plan that CEO Jane Fraser and CFO Mark Mason are implementing might help lay the first bricks to turn around the situation and stick closer to its peers in t ...

Citigroup, Inc.’s (C) ‘living will,’ which outlines the company's plans for winding down in the event of a catastrophic event, was rejected by U.S. banking regulators. In a meeting, most of a five-member Federal Deposit Insurance Corporation (“FDIC”) board decided not to approve the company’s resolution plan, citing ‘deficient’ data controls. As part of the measures implemented after the 2008 financial crisis, the largest banks in the country are mandated to have these kinds of plans in place to protect the ...

As part of Citigroup Inc.'s (C) broader strategy, it has launched Citi Commercial Bank (CCB) in Japan with an aim to expand its commercial banking in key growth areas across certain clusters. This launch follows CCB's introduction in France and Ireland in 2023, preceded by its launch in Germany, Switzerland and Canada in 2022. C's existing banking capabilities, which assist large Japanese corporations and worldwide multinational corporations operating in Japan, are enhanced by the new launch. Citi will supp ...