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Citigroup Newsroom
Citigroup Options Spot-On: On November 27th, 136.39K Contracts Were Traded, With 2.33 Million Open Interest
Wednesday Ends With Index Decline | Wall Street Today
Spotlight on Citigroup: Analyzing the Surge in Options Activity
Unusual Options Activity: AAL, COIN and Others Attract Market Bets, AAL V/OI Ratio Reaches 75.0
CFTC Could Emerge as Crypto Regulator in Trump Administration
Citigroup (NYSE:C) Cuts Year-End Promotions to Trim Costs
CFRA Predicts That Banks Will Outperform the Benchmark S&P 500 in 2025
Dow Hits Another Record, Core PCE 2.8% as Expected | Live Stock
Update: Citigroup Names Kate Moore as CIO of Wealth Unit
Bank of America Moves Down FSB's 'Too Big to Fail' List, Crédit Agricole Advances
Citi: Maintains tongchengtravel 'buy' rating, target price raised to 21 Hong Kong dollars.
Citigroup released a research report stating that it maintains a 'buy' rating on tongchengtravel (00780), with upward adjustments of 2%, 3%, and 0% in profit forecasts for 2024 to 2026, respectively, to reflect the third-quarter performance. The target price has been raised from HK$20 to HK$21, with the core OTA trend remaining strong and gross profit continuing to improve. The report mentioned that the company's third-quarter performance was robust, with both revenue and profit exceeding expectations. As for the fourth quarter, the bank expects the hotel and ticketing business to continue to perform well, with strong sales growth, stable year-on-year average daily room rates (ADR), and improved commissions.
Citigroup: Chow Tai Fook rated as buy with a target price cut to HK$9.4.
Citigroup released a research report stating that the target price of Chow Tai Fook (01929) has been lowered by 17.5%, from HK$11.4 to HK$9.4, with a 'buy' rating. Citigroup pointed out in the research report that Chow Tai Fook's mid-term revenue was weak as of the end of September this year, but net profit still met expectations, and the underlying profit margin was strong, with a significant hedge loss due to the surge in gold prices during the period. The mid-term dividend was lower than expected. Due to the early start of promotions for the november 11 shopping festival-related activities, sales performance improved in October, but has been relatively soft since November, leading to uncertainty about the prospects for demand recovery.
The rise in stock prices has triggered a chain reaction! Deutsche Bank warns that major Wall Street firms may reduce share buybacks.
Deutsche Bank stated that US bank stocks have rebounded since the end of September.
Citi Continues Its Support for Guatemala's Financial Ecosystem With Social Trade Loans
Mondee Appoints of CFO Jesus Portillo as the New CEO; Shares Tumble After Nasdaq Non-compliance Notice
U.S. stocks closed: The Dow and S&P reached all-time highs, while general motors plunged nearly 9%.
① Most technology giants rose, only Tesla fell; ② Eli Lilly and Co rose by 4.5%, as Biden proposed health insurance coverage for weight loss drugs; ③ The Chinese concept stock Jinlong Index fell by 0.8%, Nio fell by 7.7%; ④ Apple proposed to increase investment by 0.1 billion US dollars to seek to lift the sales ban, but was rejected by the Indonesian government.
Citigroup Options Spot-On: On November 26th, 126.74K Contracts Were Traded, With 2.32 Million Open Interest
Unusual Options Activity: EDR, BBD and Others Attract Market Bets, EDR V/OI Ratio Reaches 174.3
Citi Hires BlackRock's Kate Moore as Wealth Division CIO Amid Revamp -- Barrons.com
S&P 500, Dow Hit Records, Trump Tariffs to Cost Hundreds of Billions | Wall Street Today