Charter Communications Inc. NASDAQ:CHTR, a cable and internet provider, has announced a large debt-restructuring plan covering nearly $20 billion of outstanding bonds. The company identified about $10 billion of existing debt issued by Charter-affiliated subsidiaries and Time Warner Cable that it m…
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.67 per share, payable on August 28, 2026, to stockholders of record on August 3, 2026.The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as fol…
Today, as part of its five-year Blueprint for Housing Opportunity initiative, the Citi Impact Fund announced that it will invest $25 million in companies propelling innovative solutions for housing access, supply and affordability in communities nationwide. These investments will support entreprene…
Analysts updated Citigroup (C) forecasts after a higher expense outlook: BoA lifted 2026 EPS to $11.09 and efficiency ratio to 60.3%; KBW raised 2026 EPS to $11.15; Jefferies trimm
What Happened? Shares of global financial services giant Citigroup NYSE:C fell 4.9% in the afternoon session after it reversed an early gain as it reported second-quarter results.Despite posting robust second-quarter profit and revenue, Citigroup refused to raise its full-year return targets, imply…
Global financial services giant Citigroup NYSE:C beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 14.2% year on year to $24.77 billion. Its GAAP profit of $3.15 per share was 15.4% above analysts’ consensus estimates.Citigroup (C) Q2 CY2026 Highlights:Company OverviewWith operati…
Citigroup reported second-quarter 2026 net income of $5.8 billion, or $3.15 per diluted share, on total revenues of $24.8 billion, representing a 45% increase in net income and a 14% rise in revenues versus the year-ago quarter. The bank returned approximately $5.0 billion to common shareholders vi…
Second quarter 2026 saw record revenues of $24.8B, up 14% year-over-year, with net income rising 45% and EPS up 61%. Strong growth was seen across all business segments, efficiency improved, and capital returns to shareholders accelerated, including a 12% dividend increase.Original document: Citigr…
Q2 2026 saw net income rise 45% to $5.8B and revenues up 14% to $24.8B, with double-digit growth in most segments. Shareholder returns reached ~$5B, and a $30B buyback plan plus a 12% dividend increase were announced. ROE improved to 11.4% and CET1 ratio to 12.8%.Original document: Citigroup, Inc…
Australia's economy is already under strain, absorbing the impact of the Middle East conflict and stubborn domestic inflation, with the RBA holding rates in June after three 0.25% hikes since February. Now a record El Niño is on its way – the periodic warming of the central and eastern tropical Pac…
C (Citigroup, Inc.) is set to announce its Q2'26 results on July 14, after the market closes. The earnings are expected to be disclosed at 8:00 AM ET (12:00 PM UTC).For Q2'26, revenue estimate is 23.74 billion USD with EPS (earnings per share) anticipated at 2.74 USD. Learn more details at C Financ…
Global financial services giant Citigroup NYSE:C will be reporting earnings this Tuesday before market open. Here’s what investors should know.Citigroup beat analysts’ revenue expectations last quarter, reporting revenues of $24.66 billion, up 14.1% year on year. It was a very strong quarter for th…
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AstraZeneca NYSE:AZN fell 8.71% intraday after the British-Swedish drugmaker disclosed that the Phase III CARDIO-TTRansform trial of Wainua (eplontersen), co-developed with Ionis Pharmaceuticals NASDAQ:IONS, failed to meet its primary efficacy endpoint. The trial evaluated Wainua's ability to reduc…
(13:48 GMT) Citigroup Price Target Raised to $150.00/Share From $134.00 by UBS
A striking tug-of-war is playing out across Wall Street. On one side, investors are on high alert due to sudden economic mixed signals — namely a sharp cooldown in the labor market and sticky inflation that has kept potential interest rate hikes on the table under the new Fed leadership. On the oth…
(16:07 GMT) Citigroup Price Target Raised to $143.00/Share From $139.00 by Evercore ISI Group
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By Polina Devitt and Pratima DesaiCiti has become the fifth bank to clear transactions in London's over-the-counter gold market, the world's largest bullion trading centre, in a major expansion of its precious metals business, the bank said on Monday.The move broadens the small clearing network tha…
