Top Midday Stories: Macy's Says Ex-Employee Hid Up to $154 Million in Expenses; Summit to Be Acquired by Quikrete for $11.5 Billion; Nvidia Unveils AI Model

MT Newswires44minutes ago

Market Chatter: Citigroup Offers Retention Bonuses to Prevent Departures

MT NewswiresNov 25 10:32 ET

S&P 500, Dow Hit Records Right After Open | Live Stock

Kevin TraversNov 25 10:00 ET

Citigroup, Deckers Outdoor, Electronic Arts And More On CNBC's 'Final Trades'

BenzingaNov 25 08:48 ET

Express News | Capitolis: Each Bank Will Invest $5 Mln and Will Join Other Existing Investors Including a16Z , Index Ventures, Sequoia Capital

ReutersNov 25 07:31 ET

Citigroup: Man Wah Hldgs rated as "buy", target price lowered to 8 Hong Kong dollars.

Citigroup released a research report stating that Man Wah Hldgs (01999) had a 7.4% year-on-year decline in revenue in the first half of the fiscal year, with a 0.3% increase in net profit, and the mid-term performance met expectations. However, the bank lowered the group's earnings forecast per share for the fiscal years 2025 to 2027 by 11% to 19%, and reduced its target price from HK$9 to HK$8 to reflect weaker-than-expected market prospects in China, yet maintained a 'buy' rating. Citigroup expects Man Wah's revenue in the second half of the fiscal year to decline by approximately 4%, and anticipates a slight decrease in China market revenue in the following months, projecting an 11% decline in the second half of the year, an improvement from the 17% decrease in the first half of the year. The bank believes that due to

Sina Hong Kong Stock.Nov 25 02:27 ET