Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
In a report released today, Joanne Wuensch from Citi reiterated a Buy rating on Insulet (PODD – Research Report). The company’s shares closed ...
Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the ...
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