Sandy Weill on Thursday announced a new $50 million donation to create a cancer research and treatment hub focused on immunotherapy. The hub is in partnership with four leading research institutions.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Citigroup (C) have what it takes?
In the latest trading session, Citigroup (C) closed at $74.47, marking a +0.58% move from the previous day.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
The S&P 500 index (^GSPC 0.08%) quickly fell into correction territory not too long ago. Dropping alongside the index were the shares of Citigroup (C 0.17%).
Citigroup (C) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
C reduces top executives' bonuses in 2024 tied to the bank's turnaround results and risk management fixes required by regulators.
Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes required by regulators, the bank's proxy filing on Tuesday showed.
Trump tariffs and the related fears of an economic slowdown ahead are broadly expected to serve as headwinds for the US bank stocks in 2025. Still, one of them, Citigroup Inc (NYSE: C), is worth buying on the recent weakness, according to Wells Fargo analyst Mike Mayo.
Market instability and the resulting downward pressure on equities have created a unique investment opportunity in the form of undervalued stocks. While widespread concern often accompanies market sell-offs, such downturns also present a chance to invest in fundamentally sound companies at discounted prices.
Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for IT as the lender grapples with regulatory punishments over data governance and deficient controls.
Citigroup stock is undervalued, trading at 75.5% of its tangible book value, presenting a strong buying opportunity amid recent market volatility. Despite subpar historical returns, Citigroup's strategic focus on high-margin businesses and a $20B stock buyback program should drive significant EPS and tangible book value growth. Simplification efforts, including selling non-core operations and investing in technology, position Citigroup to achieve a 10-11% ROTCE and improve profitability.