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Citigroup (C) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-09-09 22:51
The most recent trading session ended with Citigroup (C) standing at $59.54, reflecting a +0.76% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.16%. Meanwhile, the Dow experienced a rise of 1.2%, and the technology-dominated Nasdaq saw an increase of 1.16%.Prior to today's trading, shares of the U.S. bank had gained 2.16% over the past month. This has lagged the Finance sector's gain of 5.48% and the S&P 500's gain of 3.48% in that time.Market ...
Pacira BioSciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)
GlobeNewswire News Room· 2024-09-09 20:00
TAMPA, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced the granting of inducement awards on September 4, 2024 to 17 new employees under Pacira’s Amended and Restated 2014 Inducement Plan as a material inducement to each employee's entry into employment with the company. In accordance with Nasdaq Listing Rule 5635(c)(4), the awards were approved by the Compe ...
Citigroup Inc. (C) Barclays 22nd Annual Global Financial Services Conference (Transcript)
Seeking Alpha· 2024-09-09 17:33
Citigroup Inc. (NYSE:C) Barclays 22nd Annual Global Financial Services Conference Call September 9, 2024 10:30 AM ET Company Participants Mark Mason - Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Everyone, either get seated or get situated, if you're standing. I guess more seats -- you guys will figure it out. We'll just put up the first ARS question like we've done for the others. But you obviously can't have a Global Financial Services Conference without Ci ...
Citigroup Inc. (C) Barclays 22nd Annual Global Financial Services Conference (Transcript)
2024-09-09 17:33
Citigroup Inc. (NYSE:C) Barclays 22nd Annual Global Financial Services Conference Call September 9, 2024 10:30 AM ET Company Participants Mark Mason - Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Everyone, either get seated or get situated, if you're standing. I guess more seats -- you guys will figure it out. We'll just put up the first ARS question like we've done for the others. But you obviously can't have a Global Financial Services Conference without Ci ...
Wall Street Analysts See Citigroup (C) as a Buy: Should You Invest?
ZACKS· 2024-09-03 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Citigroup (C) .Citigroup currently has an average brokerage recommendation ...
Citigroup Stock Soars 56.1% in a Year: Is It the Right Time to Buy?
ZACKS· 2024-08-30 17:11
Citigroup, Inc. (C) — one of the ‘too big to fail’ banks — had an impressive run, with the stock skyrocketing 56.1% in a year. The uptick outpaced a 49.2% rally registered by the industry and 25.8% growth of the Zacks S&P 500 composite.When compared with its competitors in the banking space, C's performance is stronger. Shares of Wells Fargo & Company (WFC) have surged 43%, while Bank of America (BAC) appreciated 43.1% over the same period.Image Source: Zacks Investment ResearchGiven the continuous strengt ...
Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
PYMNTS.com· 2024-08-28 15:03
Citigroup is reportedly looking to increase its revenue by adding smaller clients.Traditionally known for serving only the largest clients, the bank has expanded its focus to include small- to medium-sized businesses (SMBs) with annual revenues between $10 million and $3 billion, the Financial Times (FT) reported Wednesday (Aug. 28).Citigroup is targeting SMBs around the world, according to the report. Over the past two years, it has added commercial lending units dedicated to SMBs in Canada, France, German ...
Citigroup (C) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-08-27 13:13
The most recent trading session ended with Citigroup (C) standing at $61.79, reflecting a -0.56% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.85%.The the stock of U.S. bank has fallen by 4.66% in the past month, lagging the Finance sector's gain of 2.55% and the S&P 500's gain of 1.52%.The investment community will be closely monitoring the performance of Citigroup ...
U.S. Banks Soar as Fed Signals Rate Cuts Starting in September
ZACKS· 2024-08-26 14:41
The U.S. banks got a reprieve following the latest signals from the Federal Reserve of a rate cut. The Fed’s Chairman Jerome Powell said the central bank is ready to cut interest rates next month.The development led the U.S. stock markets to rally with the S&P 500 rising over 0.2% and the tech-heavy Nasdaq Composite nearly 1.5%. The Dow Jones Industrial Average rose about 1.1%, and the interest rate-sensitive Russell 2000 small-cap index soared, rising almost 1%.KBW Nasdaq Bank Index increased 2.6% on Frida ...
Helius Medical Technologies, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)
GlobeNewswire News Room· 2024-08-16 21:00
NEWTOWN, Pa., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq: HSDT) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced that, effective August 14, 2024, its independent directors approved equity awards under Helius’ 2021 Inducement Plan, as a material inducement to three individuals entering into employment with the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4), which also requires a publ ...