KBW Maintains Citigroup(C.US) With Buy Rating, Maintains Target Price $82
Citi: Maintains ND PAPER's "Neutral" rating, with the Target Price lowered to HKD 3.7.
Citi has released a research report stating that it is maintaining its earnings forecast for ND PAPER (02689), but has lowered its Target Price from 4.3 Hong Kong dollars to 3.7 Hong Kong dollars, believing that the opportunities for profit improvement are limited in the current environment. The firm expects the four major paper companies in China to continue expanding their production capacity despite low profitability, as it is easier for companies to obtain permits in provinces or cities in China. The firm maintains a 'neutral' rating for ND PAPER and LEE & MAN PAPER (02314).
Bain Capital has increased its Quote for the acquisition of Fujifilm Holdings Corporation Unsponsored ADR Software.
According to informed sources, Bain Capital is increasing its bid for the Japanese information technology company Fujifilm Holdings Corporation Unsponsored ADR, extending the bidding war with the American private equity giant KKR. Sources say that the Boston-based investment firm plans to acquire Fujifilm Holdings Corporation Unsponsored ADR at a price of 9,600 Japanese yen per share. This is 1.6% higher than KKR's offer of 9,451 Japanese yen per share, valuing Fujifilm Holdings Corporation Unsponsored ADR at approximately 647 billion yen (about 4.3 billion USD). This move by Bain Capital comes less than two weeks before KKR's acquisition bid for Fujifilm Holdings Corporation Unsponsored ADR expires on December 19.
Citi Cuts ESG Analyst Jobs as Research Group Trimmed
Trump is trending towards financial deregulation, Goldman Sachs (GS.US) cheers as the merger and acquisition market welcomes Bullish news.
During the Trump era, merger and acquisition Trades are expected to increase, and Wall Street Banks are likely to benefit.
Citigroup Options Spot-On: On December 10th, 110.17K Contracts Were Traded, With 2.37 Million Open Interest
Market Falls Wednesday, but Googles Chip Impresses | WST
JPMorgan has adjusted its net interest income guidance and now expects it to exceed Analyst expectations.
JPMorgan has changed its previous statement regarding Analysts being overly optimistic, now indicating that the bank expects net interest income next year to exceed expectations. Marianne Lake, the head of Consumer and Community Banking at JPMorgan, stated on Tuesday at a financial services conference hosted by Goldman Sachs that this key revenue could be about 2 billion dollars higher than current estimates. Lake mentioned that when the company releases its third-quarter results, Chief Financial Officer Jeremy Barnum talked about the consensus expectation of net interest income in 2025 being slightly too high at 87 billion dollars. She stated, "The situation has changed."
Sector Update: Financial Stocks Mixed Tuesday Afternoon
Spotlight on Citigroup: Analyzing the Surge in Options Activity
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Citigroup Projects 25% to 30% Increase in Q4 Investment Banking Fees
Express News | Citi CFO Still Expects to Reach Operating Efficiency Below 60%
Express News | Citi CFO Says Net Interest Income, Ex Markets Will Be Benefited by Higher Volumes
Express News | Citi CFO Says Net Interest Income in 2025 Will Have a Tailwind From Reinvesting of Securities
Express News | Citi CFO Says Not Seeing Anything Unexpected in Delinquencies of Credit Card Customers
Express News | Citi CFO Says Investment Banking Fees Likely to Be up 25 to 30% Year Over Year
Express News | Citi CFO Expects Markets Revenue to Increase YoY in the High Teens
Express News | Citi CFO Says There Is No Change to Expense Guidance Despite Increase in Spending for Transformation
Express News | Citi CFO Says Bank Will Be at High End of Guidance for 2024