What's new? Log in Free sign up

Citigroup (C) News and press releases

Company Profile

News

From Benzinga Pro

Citigroup, Live Nation Entertainment, Chevron And This Major ETF On CNBC's 'Final Trades'

Long Ideas, News, Markets, Media, Trading Ideas

On CNBC’s "Halftime Report Final Trades," Liz Young of BNY Mellon Investment Management named Invesco S&P 500 Equal Weight ETF (NYSE: RSP) as her

Consumer Health Check: Are We OK? How Credit Card Data Could Provide Some Clues

Earnings, News, Top Stories, Personal Finance

Consumers are "still depressed” despite a bounce in sentiment, Gregory Daco, chief economist at Ernst & Young, recently said.

Another Crypto Firm Collapses, Microsoft Slashes Workforce, Fake Cannabis Billionaire Pleads Guilty: Top Stories For Thursday, Jan. 19

Cryptocurrency, Earnings, Large Cap, News, Legal, Top Stories, Markets, Movers, Trading Ideas, General

Texas Attorney General Says Citigroup Discriminates "Against Firearms Sector"

Government, News, Legal, Media, General

Citigroup Inc (NYSE: C) has reportedly discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of halting the bank's ability to underwrite most municipal bond offerings in Texas.

Bloomberg Reported Wednesday, Texas Attorney General Office Said Citigroup Discriminates Against The Firearms Industry; Halt's Banks Ability To Underwrite

News, Bonds, Legal, Markets

https://www.bloomberg.com/news/articles/2023-01-19/citi-runs-afoul-of-texas-gun-law-ag-says-halting-muni-business?sref=y3YMCJ4e

'When I Find Things I Have A Lot Of Conviction In, I Go All-in': Ryan Cohen's Stake In Alibaba And History Of Activism

News, Penny Stocks, Small Cap, Management, Trading Ideas

Activist investor Ryan Cohen has made a name for himself for investments in several companies that became popular with retail traders, including GameStop Corp (NYSE: GME) and Bed Bath & Beyond (NASDAQ: BBB

Oppenheimer Maintains Outperform on Citigroup, Lowers Price Target to $83

News, Price Target, Analyst Ratings

Oppenheimer analyst Chris Kotowski maintains Citigroup (NYSE:C) with a Outperform and lowers the price target from $87 to $83.

B of A Securities Maintains Buy on Citigroup, Raises Price Target to $60

News, Price Target, Analyst Ratings

B of A Securities analyst Ebrahim Poonawala maintains Citigroup (NYSE:C) with a Buy and raises the price target from $52 to $60.

World Wrestling Entertainment To Rally Around 12%? Here Are 10 Other Analyst Forecasts For Tuesday

News, Penny Stocks, Price Target, Pre-Market Outlook, Markets, Analyst Ratings, Trading Ideas

Goldman Sachs boosted the price target for The Wendy's Company (NASDAQ: WEN) from $22 to $25. Goldman Sachs analyst Jared Garber maintained a Neutral rating on the stock. Wendy's shares fell 1.4% to $22.75 in pre-market trading.

Piper Sandler Maintains Neutral on Citigroup, Raises Price Target to $51

News, Price Target, Analyst Ratings

Piper Sandler analyst Scott Siefers maintains Citigroup (NYSE:C) with a Neutral and raises the price target from $47 to $51.

Rising Interest Rates Lead To Big Bank Profit Gains: Are There Hints Of Inbound Recession?

Earnings, Large Cap, Macro Economic Events, News, Education, Topics, Economics, Federal Reserve, Markets, Trading Ideas, General

Investors waiting for another round of earnings were greeted by Friday’s reports from the nation’s biggest banks showing that profits rose across the sector, boosted by the Federal Reserve’s high-interest rate environment.

S&P 500 Makes Weekly Gains As Inflation Cools: What's Next For The Market?

Penny Stocks, Small Cap, Top Stories, Markets

The S&P 500 is making a strong start to 2023 as yet another key indicator suggests inflation is trending steadily lower.

10 Financials Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Check Out What Whales Are Doing With Citigroup

Options, Markets

A whale with a lot of money to spend has taken a noticeably bearish stance on Citigroup. Looking at options history for Citigroup (NYSE:C) we detected 21 strange trades.

Big Banks Kick Off Q4 Earnings Season: Why JPMorgan's Results Suggest Mild 2023 Recession Is The Base Case

Earnings, Large Cap, Mid Cap, News, Top Stories

Rising interest rates, weak consumer spending, and inflation reaching a four-decade high have all contributed to a tough outlook for the American economy in recent months.

Citigroup Q4 Earnings Miss Expectations, Posts Lower Profits On Provision Hike, Slower Dealmaking

Earnings, Large Cap, News, Guidance, General

CORRECTION: Citigroup Q4 EPS $1.16 Beats $1.14 Estimate, Sales $18.01B Beat $17.90B Estimate

Earnings, News, Hot

Citigroup (NYSE:C) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.14 by 1.75 percent. This is a 20.55 percent decrease over earnings of $1.46 per share from the same period

Nasdaq, S&P Futures Narrowly Mixed As New-Found Optimism Tempers Ahead Of Big Bank Earnings, Consumer Sentiment Data

Earnings, News, Penny Stocks, Futures, Previews, Small Cap, Top Stories, Federal Reserve, Pre-Market Outlook, Markets, Trading Ideas

US stocks look set to start Friday’s session on a nervous note as the recent gains introduce caution amid traders. The trading direction could also hinge on the earnings reports from big banks and the results of the University of Michigan's consumer sentiment survey.

Earnings Scheduled For January 13, 2023

Companies Reporting Before The Bell • Citigroup (NYSE:C) is expected to report quarterly earnings at $1.14 per share on revenue of $17.90 billion.

Bank of America, JPMorgan And 3 Stocks To Watch Heading Into Friday

Earnings, News, Penny Stocks, Small Cap, Pre-Market Outlook, Markets, Trading Ideas

With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Press releases

From Benzinga Pro

New Chubb and National Center for the Middle Market Survey Finds Middle Market Economic Confidence Rebounds from 2022 Mid-Year, but Still Trailing 2021 Historical Averages

Insurance, Press Releases

More Than Half Anticipating Revenue Growth in 2023 WHITEHOUSE STATION, N.J., Jan. 25, 2023 /PRNewswire/ -- New data released from Chubb and the National Center for the Middle Market (NCMM), reveals a rebound in middle

Thinking about buying stock in Bed Bath & Beyond, General Electric, American Airlines, HTG Molecular Diagnostics, or Citigroup?

Opinion, Press Releases

NEW YORK, Jan. 13, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BBBY, GE, AAL, HTGM, and C.

Citigroup Reports Fourth Quarter and Full Year 2022 Results

Please view Citi's fourth quarter and full year 2022 earnings press release on its website http://www.citigroup.com/citi/investor. Additional financial, statistical, and business-related information, as well as

Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.51 per share, payable on February 24, 2023 to stockholders of record on February 6, 2023. The Board of

Citi Appointed as Depositary Bank for the GDR Program of Jiangsu Eastern Shenghong Co., Ltd.

Continued Participation in China-Swiss Stock Connect GDR Program Citi's Issuer Services, acting through Citibank, N.A., has been appointed by Jiangsu Eastern Shenghong Co., Ltd. ("Shenghong") - to act as the Depositary

Citi Raises Base Rate

Citibank, N.A. said today it has raised its base lending rate to 7.50% from 7.00%, effective tomorrow, Thursday, December 15, 2022. About Citi Citi is a preeminent banking partner for institutions with cross-border

Citi Fourth Quarter 2022 Earnings Review

Citigroup will issue its fourth quarter results via press release at approximately 8 a.m. (ET) on Friday, January 13, 2023. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference. The press

Citi Global Wealth Investments Releases Outlook 2023: Roadmap to Recovery: Portfolios to Anticipate Opportunities

As a turbulent 2022 draws to a close, Citi Global Wealth Investments predicts a shallow recession in 2023, but believes that markets will begin to focus on 2024's recovery Citi Global Wealth Investments (CGWI) today

2023 Citi Hildebrandt Client Advisory finds Law Firm Industry Results Suppressed by Macro Environment

Modest average revenue growth this year primarily impacted by drop in demand and longer collection cycle Firms expected to look closely in 2023 for strategic growth opportunities in line with their expertise Citi Law

Citi CEO to Present at Goldman Sachs 2022 US Financial Services Conference

Jane Fraser, Chief Executive Officer of Citi, will present at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7. The presentation is expected to begin at approximately 11:20 a.m.

Citi Appointed as Depositary Bank for the GDR Programs of Sunwoda Electronic Co., Ltd. and Hangzhou GreatStar Industrial Co., Ltd.

Continued Participation in China-Swiss Stock Connect GDR Programs Citi's Issuer Services, acting through Citibank, N.A., has been appointed by Sunwoda Electronic Co., Ltd. ("Sunwoda") and Hangzhou GreatStar Industrial

Citi and AT&T Expand Credit Card Offerings with New AT&T Points Plus Card

No Annual Fee* Card Makes Every Day More Rewarding Today, Citi and AT&T announced the AT&T Points Plus Card from Citi, a new no annual fee* card that rewards wireless customers with statement credits

Citi's Institutional Virtual Accounts Usage Increase Significantly With Global Clients Frictionless Experience Helps Drive Client Growth Into New Global Markets

Citi® Virtual Accounts continues its strong growth with institutional clients including corporations, financial institutions, ecommerce and insurance companies. This growth comes as multinational companies across

Citi Raises Base Rate

Citibank, N.A. said yesterday that it has raised its base lending rate to 7.00% from 6.25%, effective today, Thursday, November 3, 2022. Citi is a preeminent banking partner for institutions with cross-border needs, a

Star Mountain Capital Adds T. J. Della Pietra, Former Global Head of Citi Holdings, as a Senior Advisor

Star Mountain Capital, a rapidly growing, employee-owned specialized private investment firm focused on the lower middle-market with over $3 billion of AUM, announced that T. J. Della Pietra, former Global Head of Citi

Institutional Investors Continue Warming Up To Cryptocurrencies

Fintech, Small Cap, Opinion, Press Releases

FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The 'smart money' continues to pile into crypto as a portfolio diversification strategy. Nowadays, family

Charles River and DirectBooks Announce Collaboration to Streamline Primary Issuance in Charles River IMS

Charles River® Development, a State Street Company, today announced a collaboration with DirectBooks enabling investment firms to manage primary issuance workflows in the Charles River Investment Solution (Charles