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Citigroup News (NYSE:C)

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04/24/20249:00AMBWCitigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027
Citigroup Inc. is announcing the redemption, in whole, constituting C$56,782,000 of its 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027 (the “notes”) (ISIN: CA172967EB37). The redemption date for the notes is May 24, 2024 (the “redemption date”). The cash redemption price for the notes payable on... More...>>
04/23/20247:25AMIHMARKETNEWSApple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News
Apple (NASDAQ:AAPL) – Smartphone shipments from Apple in China fell 19% in the first quarter due to competition from Huawei. Its market share decreased to 15.7%, nearly matching that of Huawei, which saw a 70% increase in sales. Apple now ranks third, behind Vivo and Honor. Additionally, FIFA is close to a deal with... More...>>
04/17/20246:57AMIHMARKETNEWSUnited Shares Surge 5.3% in Q1 2024 Earnings Beat; Take-Two Cuts 5% of Workforce, and More News
United Airlines (NASDAQ:UAL) – United Airlines forecasts an adjusted profit of between $3.75 and $4.25 per share for the June quarter. In the first quarter, it posted an adjusted loss of 15 cents per share, better than Wall Street’s estimate of a 57-cent loss per share. The company reaffirmed its earnings estimate... More...>>
04/15/20244:15PMBWCitiGroup Announces Full Redemption of Series D Preferred Stock
Citigroup Inc. is redeeming, in whole, all $1.25 billion aggregate liquidation preference of Series D Depositary Shares representing interests in its 5.350% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series D (the “Preferred Stock”). The redemption date is May 15, 2024 for the Preferred Stock and related... More...>>
04/15/20249:10AMIHMARKETNEWSUpbeat Earnings, Retail Sales Data May Generate Buying Interest
The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to regain ground following the sell-off seen last Friday. A positive reaction to earnings news from Goldman Sachs (NYSE:GS) may generate early buying interest, as the investment banking company is surging by 4.1 percent in... More...>>
04/15/20247:08AMIHMARKETNEWSU.S. Index Futures Surge after Dow Jones’ Worst Week, Oil Prices Dip
U.S. index futures are up in Monday’s pre-market trading, with Wall Street rebounding from the worst week of the year for the Dow Jones index and facing challenges from Iran’s recent missile and drone attack on Israel. At 06:33 AM, Dow Jones futures (DOWI:DJI) were up 99 points, or 0.26%. S&P 500 futures... More...>>
04/12/20244:21PMIHMARKETNEWSU.S. Stocks Pulling Back Sharply As JPMorgan Chase Disappoints
Following the notable rebound seen in the previous session, stocks have shown a significant move back to the downside during trading on Friday. The major averages have all slid firmly into negative territory, with the Dow falling to a two-month intraday low. Currently, the major averages are just off their worst levels... More...>>
04/12/20249:10AMIHMARKETNEWSU.S. Stocks May Move Back To The Downside In Early Trading
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to move back to the downside following the notable rebound seen in the previous session. A steep drop by JPMorgan Chase (NYSE:JPM) may weigh on the markets, as the financial giant is tumbling by 3.0 percent in pre-market trading... More...>>
04/12/20248:00AMBWCitigroup Reports First Quarter 2024 Results
Today Citi reported first quarter 2024 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with additional financial, statistical and business-related information, as well as business and segment trends, is also available. Citi will host a conference... More...>>
04/12/20247:07AMIHMARKETNEWSU.S. Index Futures Indecisive Ahead of Banking Earnings, Oil Prices Surge
U.S. index futures show no clear direction in pre-market trading this Friday as investors eagerly await the financial results of major banking corporations. At 6:18 AM, Dow Jones futures (DOWI:DJI) rose 21 points, or 0.05%. S&P 500 futures fell 0.16%, and Nasdaq-100 futures lost 0.35%. The yield on 10-year Treasury... More...>>
04/11/20244:25PMIHMARKETNEWSNasdaq Surges To New Record Closing High But Dow Closes Little Changed
After ending the previous session sharply lower, stocks showed a strong move back to the upside during trading on Thursday. Technology stocks led the rebound on Wall Street, with the tech-heavy Nasdaq (NASDAQI:COMP) surging to a new record closing high. The Nasdaq pulled back off its highs of the session going into the... More...>>
04/09/20244:15PMBWCitigroup Announces $2.75 Billion Redemption of 3.352% Fixed Rate / Floating Rate Notes due 2025
Citigroup Inc. is announcing the redemption, in whole, constituting $2,750,000,000 of its 3.352% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967MF56). The redemption date for the notes is April 24, 2024 (the “redemption date”). The cash redemption price for the notes payable on the redemption... More...>>
04/08/20247:19AMIHMARKETNEWSU.S. Futures Dip Ahead of Key Inflation Data and Q1 Earnings Season Kickoff, Oil Prices Decline
U.S. index futures are slightly down in Monday’s pre-market trading, marking the start of a week that is eagerly awaited due to the announcement of U.S. inflation data, as well as the beginning of the first quarter financial results season. At 06:26 AM, Dow Jones futures (DOWI:DJI) fell 18 points, or 0.05%. S&P... More...>>
04/05/20247:38AMIHMARKETNEWSApple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates
Apple (NASDAQ:AAPL) – Apple is laying off 614 employees in Silicon Valley after ending its secret autonomous electric vehicle project. These are the first significant job cuts since the beginning of the pandemic, mainly impacting satellite offices in Santa Clara, California. Moreover, Hon Hai, known as Foxconn (USOTC:FXCOF... More...>>
04/03/20244:28PMBWCitigroup 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 $0.53 per share, payable on May 24, 2024 to stockholders of record on May 6, 2024. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows: – 5.350% Fixed... More...>>
04/03/20247:12AMIHMARKETNEWSCal-Maine Surges on Strong Quarterly Performance, Taiwan Earthquake Disrupts Tech Supply Chain, and More
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) – TSMC evacuated some factories and suspended operations after a 7.4 magnitude earthquake hit Taiwan, raising concerns about the global technology supply chain. Companies like Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA) are affected. Taiwan is crucial for chips... More...>>
03/27/20246:54AMIHMARKETNEWSGameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News
GameStop (NYSE:GME) – GameStop reported $1.79 billion in revenue for the fourth quarter, which is less than the $2.23 billion earned in the same quarter of the previous year. However, the company announced an adjusted earnings per share of 22 cents, compared to the previous year’s 16 cents per share. Shares... More...>>
03/27/20243:45AMBWCitigroup Global Markets Holdings Inc. – Issue of EUR 375,000,000 Cash Settled Exchangeable Bonds due April 2029 Referable to the Shares of LVMH Moet Hennessy Louis Vuitton
Citigroup Global Markets Holdings Inc. (the “Issuer”) announces the offering of guaranteed cash-settled exchangeable bonds due April 2029 (the “Bonds”) in an aggregate principal amount of minimum EUR 375,000,000 and maximum EUR 400,00,000. The Bonds are referable to ordinary shares (the “Shares”) of LVMH Moet... More...>>
03/26/20247:20AMIHMARKETNEWSSuper Micro Computer and Seagate Shares Surge on Analyst Optimism in Pre-Market Trading, and Latest News
Super Micro Computer (NASDAQ:SMCI) – An analyst has joined the optimistic group regarding the shares of Super Micro Computer, with an increase of about 856% over the last 12 months. Rated Overweight, JPMorgan analyst Samik Chatterjee justifies the “premium valuation” due to the rapid growth of the artificial... More...>>
03/21/20247:17AMIHMARKETNEWSApple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates
Apple (NASDAQ:AAPL) – Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Match Group (NASDAQ:MTCH), and X joined Epic Games in protesting against Apple, accusing it of violating an injunction by restricting payment options in the App Store, claiming price inflation and competition hurdles. Furthermore, the U.S... More...>>