: : Citi net income falls but beats target, shares dip #FinanceUSA #StockMarketNEWS Citigroup Inc. C shares fell 2.4% in premarket trades on Friday after the bank posted lower profit. Fourth-quarter
@stockMarketNEWS 15 Days ago
: Citi net income falls but beats target, shares dip #FinanceUSA #StockMarketNEWS
Citigroup Inc. C shares fell 2.4% in premarket trades on Friday after the bank posted lower profit. Fourth-quarter net income fell to .5 billion, or .16, from .2 billion, or .46 a share, in the year-ago quarter. Analysts were looking for earnings of .14 a share, according to a survey by FactSet. Revenue increased 6% to .0 billion, slightly above the analyst estimate of .96 billion. Excluding divestments, revenue rose 5%, as the impacts of higher interest rates across businesses and the strong loan growth in U.S. personal banking were partially offset by a decline in investment banking and lower investment product revenue in global wealth management as well as impacts from the exited markets.
Munafa USA Munafa India Munafa NSE
More posts by @stockMarketNEWS
: : Tesla stock sinks after more price cuts prompts Guggenheim to recommend investors sell #FinanceUSA #StockMarketNEWS Shares of Tesla Inc. TSLA took a 5.7% dive in morning Friday, after the electric
@stockMarketNEWS 15 Days ago
: Dow, S&P 500 end higher Friday, book best week of gains in two months #FinanceUSA #StockMarketNEWS U.S. stocks booked modest gains Friday, while advancing for a second week in a row to kick off 2023.
@stockMarketNEWS 15 Days ago
0 Comments
Sorted by latest first Latest Oldest Best