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November 29, 2020

Citigroup Inc

Gold to $2,500: Two ETF analysts break down Citi’s bullish call for 2021

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CNBC – For more and to sign up click here Gold’s 2021 prospects look bright. Citigroup in recent weeks came out with a $2,500 price target on the yellow metal for 2021, comparing its mosaic of catalysts to that of gold’s 1970-1980 bull market. Those catalysts are “very much in......

When will ‘herd immunity’ set in globally? Citi weighs in

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CNBC – For more and to sign up click here A sign on the entrance to a pharmacy reads “Covid-19 Vaccine Not Yet Available” in Burbank, California on Nov. 23, 2020. Robyn Beck | AFP | Getty Images SINGAPORE — With several Covid-19 vaccine candidates showing promising trial outcomes, investors......

This is Goldman’s bet to break into a $32 billion industry serving the world’s biggest corporations

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CNBC – For more and to sign up click here Hari Moorthy, Goldman Sachs global head of transaction banking. Source: Goldman Sachs Goldman Sachs wants to help any company in the world become a bank. The firm has just released software that allows clients to embed banking services into their......

These are Citi’s stock picks to buy — and sell — as China pledges to fight against climate change

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CNBC – For more and to sign up click here Chinese workers walk on a section of the world’s largest floating solar farm project during construction. The lake was created by a collapsed and flooded coal mine in Huainan, Anhui province, China. Kevin Frayer | Getty Images News | Getty......

More volatility is likely ahead as rising cases, lack of stimulus overshadow strong earnings

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CNBC – For more and to sign up click here More volatility is likely ahead as rising cases, lack of stimulus overshadow strong earnings Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

Ray McGuire to leave Citigroup to run for mayor of New York

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CNBC – For more and to sign up click here Ray McGuire, vice chairman of Citigroup Inc., speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Ray McGuire, a top executive at......

Morgan Stanley is set to report third-quarter earnings – here’s what the Street expects

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CNBC – For more and to sign up click here James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report third-quarter earnings before......

Goldman Sachs wallops profit estimates on stronger-than-expected bond trading

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CNBC – For more and to sign up click here Goldman Sachs posted third-quarter results that crushed analysts’ profit estimates on stronger-than-expected results in bond trading and asset management. The firm generated $3.62 billion in profit, or $9.68 a share, exceeding the $5.57 per share estimate of analysts surveyed by......

Bank of America shares dip as lender, pressured by low rates, misses on third-quarter revenue

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CNBC – For more and to sign up click here Bank of America shares declined after the lender posted third-quarter results that missed on revenue. The firm said Wednesday that it generated $20.45 billion in total revenue, missing the $20.8 billion estimate of analysts surveyed by Refinitv. Profit in the......

U.S. stock futures little changed after major averages snap four-day winning streak

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Citigroup earnings top the Street as credit costs from the pandemic stabilize

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CNBC – For more and to sign up click here Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup reported on Tuesday better-than-expected results for the third quarter, sending the stock up more than 2%, as the company’s......

Stock futures flat as investors await earnings season kickoff

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CNBC – For more and to sign up click here People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures were flat in overnight trading on Tuesday as investors awaited the first......

Earnings could be a positive force for stocks as Washington continues to wrangle over stimulus

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CNBC – For more and to sign up click here Earnings could be a positive force for stocks as Washington continues to wrangle over stimulus SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

What to watch out for when making purchases with retail credit cards

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CNBC – For more and to sign up click here You’ve heard of buyer’s remorse when it comes to things people buy. But you may not know that people can experience those same regrets because of the way they choose to pay for their purchases. One frequent culprit: retail credit......

What the second wave of coronavirus in Europe means for Americans: CNBC After Hours

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CNBC – For more and to sign up click here What the second wave of coronavirus in Europe means for Americans SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

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