Why Citigroup Will Favor Stock Buybacks over Dividends
Citigroup Inc. (NYSE: C) is defying the market trends so far on Wednesday as the company’s annual shareholder meeting. The bank is still in what will be a multiyear turnaround. At the…
Citigroup Inc. (NYSE: C) is defying the market trends so far on Wednesday as the company’s annual shareholder meeting. The bank is still in what will be a multiyear turnaround. At the…
Jon OggInvestors often get to see many Buy ratings from Wall St. analysts, but they often do not see when these analysts give lists of stocks to sell nor when the analysts have very cautious…
U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home construction to…
U.S. equity markets opened lower this morning as overnight trading in gold saw the beginnings of the biggest one-day drop in the yellow metal’s price in 30 years (more coverage here). Markets…
Flickr / rOsssCitigroup Inc. (NYSE: C) reported first-quarter results before markets opened this morning. The bank posted adjusted diluted quarterly earnings per share (EPS) of $1.29 on revenues of $20.8 billion. In…
U.S. equity markets opened lower this morning and failed to generate any positive traction all day long. Economic data from Europe was mixed, and the European Central Bank said that 19 banks…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve said today that 4.2 million borrowers will begin receiving payments in the range of $300 to $125,000 beginning this week…
courtesy of YouTubeJ.C. Penney Co. Inc.’s (NYSE: JCP) board faces criticism for firing CEO Ron Johnson and replacing him with the predecessor who cause some of the retailer’s problems. (Reuters) Ford Motor…
Investors and traders alike always seem to be on the lookout for new investment ideas. With the S&P 500 and the Dow Jones Industrial Average having recently hit new highs, 24/7 Wall St.…
When we started off 2013, most of the Wall St. firms we follow put out their top stock picks for the year. We covered those various lists so our readers could get…
courtesy of NetflixA Fed study says China growth will slow in 2030. (Reuters) Citigroup Inc. (NYSE: C) may cuts its cash position to $35 billion to redeem expensive debt. (Reuters) Battery problems…
ThinkstockEverybody in the business of writing, reporting or talking about stocks and the stock market has highlighted the spectacular run of the housing stocks since the March 2009 low. Every firm on…
ThinkstockWe have reported in great detail about the importance of sector leadership in fulfilling the potential for a secular bull market rally. The Dow Theory maintains that major market trends depend on…
24/7 Wall St. has been delivering readers many lists of stocks that offer upside as the S&P 500 Index and Dow Jones Industrial Average are within striking distance of all-time highs. The…
We have reported recently that despite many calls of an “aging” four-year bull market, what we have experienced since the market lows of March 2009 has been a cyclical bull market within…