CITIGROUP INC (C) Stock News
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C Latest News, Press Relases and Analysis
Why Sherwin-Williams Stock Just Dropped
Citi says you shouldn't buy Sherwin-Williams, but buy RPM International stock instead.
Why Sherwin-Williams Stock Just Dropped
Citi says you shouldn't buy Sherwin-Williams, but buy RPM International stock instead.
J.C. Flowers-backed Jefferson Capital eyes $1.1 billion valuation in US IPO
(Reuters) -Private equity-backed Jefferson Capital said on Friday it was targeting a valuation of up to $1.1 billion in its U.S. initial public offering, as buyout firms look to take advantage of an improving new listings market. Jefferson and some existing investors are seeking to raise up to $170 million by offering 10 million shares priced between $15 and $17 each, in what would be a rare flotation from the debt buyer industry. Mounting pressure to return money to investors is encouraging buyout firms to list their portfolio companies.
Lufthansa braces for dip in demand for flights to US in third quarter
DUESSELDORF (Reuters) -Germany's Lufthansa is bracing for weaker demand in the third quarter for flights to the United States after a boom in the summer, according to CEO Carsten Spohr. Speaking at a business journalists' event late Thursday, Spohr said "the first quarter was better than the previous year, but we are seeing a levelling-off in the third quarter." The Lufthansa group of airlines, which includes Austrian Airlines, Brussels Airlines, Swiss and ITA Airways, flies to the United States 60 times a day.
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
SYDNEY (Reuters) -Shein's planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while tapping into capital from the mainland and emerging market investors, analysts said. The Singapore-headquartered company has turned its public market debut ambitions to Hong Kong after failing to win Chinese securities regulatory approval to proceed with a London initial public offering, Reuters reported last month, citing sources. While a listing, if successful, would be a big boost for Hong Kong, the move would cast a cloud over the company's efforts in recent years to gain legitimacy as a global, rather than a Chinese company.
Here is Why Oklo (OKLO) Hit its All-Time High This Week
The share price of Oklo Inc. (NYSE:OKLO) surged by 36.73% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development. Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable […]
Pop Mart’s 200% Stock Rally Spurs Rush to Hike Price Targets
(Bloomberg) -- Wall Street analysts are rushing to raise price targets on Pop Mart International Group Ltd. following the success of its Labubu dolls.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?NY Long Island Rail Service Resumes After Grand Central FireAt least five brokerages, including Deutsche Bank AG and
Pop Mart’s 200% Stock Rally Spurs Rush to Hike Price Targets
Wall Street analysts are rushing to raise price targets on Pop Mart International Group Ltd. following the success of its Labubu dolls.
Why Open Text, Fifth Third Bancorp, And Phillips 66 Are Winners For Passive Income
Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Open Text, Fifth Third Bancorp, and Phillips 66 have rewarded shareholders for years and recently announced dividend ...
World’s Top Carry Trade Renews Debate Over Hong Kong Dollar Peg
(Bloomberg) -- An unprecedented disconnect between Hong Kong and US interest rates is fueling the world’s top-performing carry trade — and stoking a fresh debate about the long-term appeal of the city’s pegged exchange rate.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?NY Long Island Rail Service Resumes After G
Mentions: GS
Acting CFTC Chair Caroline Pham on crypto regulation: There is no easy street for anybody
Acting CFTC Chair Caroline Pham sends a key reminder to the crypto bulls.
Carlyle teams up with Citi to invest in fintech lenders
As part of the partnership, Carlyle and Citi will share market intelligence, and explore co-investment and financing opportunities, the companies added. The rise of fintech lending, fueled by convenient application processes and flexible credit, is pushing traditional financial heavyweights to gain exposure to the space. Facing surging demand from borrowers, fintech lenders are also increasingly turning to investment firms for capital.
Citi, Carlyle Partner Up to Lend And Invest in Fintech Startups
Citigroup Inc. and Carlyle Group Inc. are teaming up to provide debt and equity financing to growing financial technology firms, looking to take advantage of the booming asset-backed finance market.
Mentions: CG
Nuclear Startup Oklo to Raise $400 Million in Share Offering
Oklo Inc., a nuclear energy startup developing small reactors, is seeking to raise as much as $400 million in a secondary share offering.
Bank of America: In on stablecoins?
Bank of America CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at stablecoins after key crypto legislation passes.
BofA CEO expects trading gains for 13th straight quarter while investment banking slips
NEW YORK (Reuters) -Bank of America expects its trading revenue to grow by a mid-single-digit percentage this quarter, the 13th consecutive gain, CEO Brian Moynihan said on Wednesday. By contrast, investment banking fees are likely to fall to about $1.2 billion in the second quarter from $1.6 billion a year earlier, he told investors at a conference. Dealmaking has slowed this year as U.S. President Donald Trump's tariffs on trading partners fanned turmoil in markets and sparked concerns about slowing economic growth.
Redburn starts Domino’s with Sell on heavy GLP-1 exposure
As previously reported, Redburn Atlantic initiated coverage of Domino’s Pizza (DPZ) with a Sell rating and $340 price target Domino’s faces the heaviest pressure from GLP-1 weight loss drug adoption, with high exposure to dinner occasions and lower-income consumers, the analyst tells investors in a research note. The firm says the company’s organic traffic remains weak, with carryout far outpacing delivery. With system sales growth challenged and consensus expectations still elevated, there is d
Jim Cramer's top 10 things to watch in the stock market Wednesday
The U.S. and China agreed to a trade framework, and CPI came in cooler than expected.
Cathie Wood’s Ark Investment Bets SpaceX Valuation Could Soar To $2.5 Trillion By 2030
According to the report by Ark, the valuation implies a 38% compound annual rate of return from its last funding round, which took place in December 2024, at a valuation of $350 billion.
Mentions: TSLA
Chinese Exports Flood Southeast Asia on US Tariffs, Citi Says
Vietnam, Thailand and Indonesia are among Asian countries seeing the sharpest surge in Chinese imports as higher US tariffs upend regional trade, according to Citigroup Inc.
CNBC Daily Open: Headwinds don't seem to bother the U.S. stock market
The stock market seems to be betting on more trade breakthroughs and favorable inflation data. But the bond market and CEOs may not be so sure about that.
Citigroup In Spotlight After Alloting More Money To Cover For Potential Losses On Loans
Citi executive Vis Raghavan assured investors that the bank’s credit quality was good, with 80% of its corporate credit exposure being high grade in the U.S.
CNBC Daily Open: The U.S. stock market could be a little too optimistic
The stock market seems to be betting on more trade breakthroughs and favorable inflation data. But the bond market and CEOs might not be so sure about that.
Stock market today: S&P 500, Nasdaq have records back in sight as stocks gain amid US-China trade talks
The focus in on the second day of US-China trade talks after an upbeat initial meeting.
Citi Sees M&A Rebound: Financial ETFs May Finally Catch A Bid
Citigroup predicts strong rebound in banking fees this quarter due to increased M&A activity and suggests ETF investors prepare for a comeback.
ASX 200 LIVE: ASX poised to top 8600, S&P 500 edges higher
Australian shares are set to open at a record high. US-China trade talks outcome awaited. Commodities steady. US CPI in focus. Follow live.
Stock market today: Dow, S&P 500, Nasdaq edge higher in wait for clues on US-China trade talks
The focus in on the second day of US-China trade talks after an upbeat initial meeting.
Citi to Set Aside More Money for Potential Losses on Loans
(Bloomberg) -- Citigroup Inc. is set to put aside hundreds of millions of dollars more than it did last quarter to account for potential losses on loans, an early sign that the biggest US banks may be bracing for deteriorating economic health.Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Mayoral Candidates All Agree on Building More Housing. But Where?NY Long Island Rail Service Resumes After Grand Central FireSenator Calls for Closing Troubled
Wells Fargo says consumer loan growth to stay muted or drop this year
NEW YORK (Reuters) -Wells Fargo's Chief Financial Officer Mike Santomassimo said consumer loan growth is likely to remain muted for the rest of the year and could potentially slide. "I wouldn't expect large growth on the consumer side in any way, potentially even a net decline," Santomassimo told investors at a conference on Tuesday. It was a bit more difficult to predict growth in commercial loans, given uncertainty over U.S. tariff policies.
Mentions: WFC
Stock market today: Dow, S&P 500, Nasdaq tread water in wait for clues on US-China trade talks
The focus in on the second day of US-China trade talks after an upbeat initial meeting.
Stock market today: Dow, S&P 500, Nasdaq tread water as US-China trade talks enter second day
The focus in on the second day of US-China trade talks after an upbeat initial meeting.