Investors love dividend stocks, especially the blue-chip variety, because they offer a significant income stream and have massive total return potential.
As the first earnings cycle of 2025 is ramping up, so are the announcements of new share buyback authorizations. Among these announcements, three big-name U.S. stocks stick out so far, all of which also posted impressive Q4 2024 earnings.
Citigroup has shown significant progress in its multiyear turnaround, and management's double-digit ROTCE target looks more credible than ever before. Despite mixed Q4 results, Citi's performance relative to expectations was positive, with notable improvements in net interest income and margin. Exiting the expense-intensive phase of its operational restructuring, Citi looks set to drive meaningful revenue growth on improved competitive positioning and expense contraction, leading to double-digit earnings growth.
Sanctions tighten oil supplies, fueling price hikes. Citigroup revises outlook, citing supply crunch and geopolitical risks.
JPM, C and GS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 22, 2025.
JPM, GS, C, HIPO and PBPB have been added to the Zacks Rank #1 (Strong Buy) List on January 22, 2025.
Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected the bank's request to dismiss the lawsuit, Reuters reported Tuesday (Jan. 21).
A federal judge on Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers.
Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals. Much of this search is happening overseas, Raghavan told Bloomberg in an interview Tuesday (Jan. 21).
C's business-restructuring efforts, along with the Fed rate cuts, look encouraging. Let us delve into other factors to analyze how to approach the C stock.
Earnings season is officially here, led, as ever, by big banks – and this time around, a 9% surge in the “Bank” pillar pulled the CE 100 Index 2.9% higher in a strong weekly showing.
If you're not a fund manager who has amassed over $1 billion in personal wealth, there's probably a thing or two you can learn from the handful of folks who have. A little experience goes a long way when it comes to investing, and there aren't many out there with more experience than Stanley Druckenmiller.