Citigroup Options Spot-On: On April 26th, 258.65K Contracts Were Traded, With 2.84 Million Open Interest
On April 26th ET, $Citigroup(C.US)$ had active options trading, with a total trading volume of 258.65K options for the day, of which put options accounted for 20.82% of the total transactions, and cal
Express News | Citigroup: Redemption Date for Notes Is May 1, 2024
Express News | Citigroup Announces $2.0 Billion Redemption of 0.981% Fixed Rate / Floating Rate Notes Due 2025 and $500.0 Million Redemption of Floating Rate Notes Due 2025
Express News | NYSE Order Imbalance 407372.0 Shares on Sell Side
Unusual Options Activity: FCX, MSFT and Others Attract Market Bets, FCX V/OI Ratio Reaches 282.4
EST Apr 26th Afternoon Delivery - In the last two hours of trading, 9 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends
Citi lowered the forecast for the Federal Reserve to cut interest rates in 2024 and still expects to cut interest rates by 100 basis points
Citigroup economists lowered their expectations for the Federal Reserve to cut interest rates this year. The basic inflation data released earlier on Friday was higher than the bank's forecast. They currently forecast that the Federal Reserve will cut interest rates by 100 basis points starting in July this year. The previous forecast was to cut interest rates by 125 basis points starting in June. “Given that prior to the FOMC June meeting, there was only one month's inflation data for April, officials may have to wait until July to gain 'greater confidence' that inflation is slowing,” Citigroup Veronica Clark, Andrew Hollenhorst, and Alice Zhe
Dividend Roundup: MetLife, General Motors, Pfizer, Citigroup, and More
Citigroup: Target price of HK$7.88 for a “buy” rating for Aluminum in China
Citi released a research report stating that the “buy” rating given to China Aluminum (02600) is still the industry's first choice, with a target price of HK$7.88. According to the report, the company's net profit for the first quarter was 2.23 billion yuan, up 23% year on year and 63% quarter-on-quarter, which is basically in line with the forecast. Gross profit was RMB 6.792 billion, up 24% year over year and down 4% from quarter to quarter. With no operating data, the bank estimates that gross profit growth is mainly due to falling aluminum costs and increased aluminum sales. Citi believes that aluminum's profit margin may remain at a high level for a longer period of time, and the further rise in aluminum prices is also linked to potential manufacturing
Citibank: Reiterates Yuyuan Group's “Buy” Rating Target Price Raised to HK$16.5
Citi released a research report stating that it reaffirmed the “buy” rating of Yuyuan Group (00551), raised the net profit forecast for the 2024-2026 fiscal year by 20% to 22%, and raised the target price from HK$12.5 to HK$16.5 because the gross margin of the manufacturing business beat expectations. Taking into account the proceeds of a single sale, the Group's net profit for the first quarter is expected to rise 95% to 100% year-on-year under a low base. The bank believes it won expectations. The bank pointed out that the retail business of the Yuyuan Group is still under pressure. It is expected that with consumption downgraded and purchasing power affected by the weak real estate market, retail business revenue will increase slightly this year. tubes
Citibank: Maintaining the New Oriental-S “Buy” Rating and Raising the Target Price by 90% to HK$99
Citi released a research report saying that, driven by the K-9 business, New Oriental-S (09901)'s revenue for the third fiscal quarter increased 60.1% year over year, but due to Oriental selection delays, the profit margin before interest and tax remained at the level of 11.7% under non-US GAAP. The bank expects that without Oriental Selection, profit margins will increase by 3 percentage points. The target price was raised by 90% to HK$99, which is the bank's first choice in the K-12 education industry and maintains a “buy” rating. For the fourth fiscal quarter, the bank predicts a 29% year-on-year increase in revenue, but the profit margin will fall to 5.9% due to increased production capacity and increased employee motivation
At the cutting edge of the lithium industry, miners are betting on a greener second spring
Against the backdrop of Australia's arid and red clay, the Mount Holland (Mount Holland) lithium mine presents a huge grey crater in front of approaching visitors. Trucks the size of a house are parked on a steep hillside. The $2.6 billion ($1.7 billion) project is located at the center of the world's largest lithium production area and is an expanding base. It symbolizes the huge supply of lithium battery materials that are pressuring current global prices, most of which come from this region. Despite bullish long-term forecasts, the price of this metal has been hovering for two years due to a mismatch in downstream demand
Citigroup Options Spot-On: On April 25th, 96,466 Contracts Were Traded, With 2.81 Million Open Interest
On April 25th ET, $Citigroup(C.US)$ had active options trading, with a total trading volume of 96,466 options for the day, of which put options accounted for 32.86% of the total transactions, and call
Market Chatter: Citigroup Offloads Loan of Troubled Swedish Debt Collector at Discount
Citigroup (C) sold 55 million euros ($59 million) portion of a revolving credit facility issued to troubled Swedish debt collector Intrum at a discounted rate to an unidentified fund, Bloomberg report
Express News | NYSE Order Imbalance 52962.0 Shares on Buy Side
10 Financials Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Rubrik Opens at $38.60, Up 20% From IPO Price
The price at the opening trade implies a valuation for the security software company of around $8.5 billion on a fully diluted basis.
Wall Street Giants Back BGC Group's Futures Exchange Ahead of Launch
BGC Group said Thursday that several of Wall Street's biggest entities are backing its new futures exchange ahead of its launch, Bank of America (BAC), JPMorgan Chase (JPM), Citigroup (C), Goldman Sac
20 Most Profitable Banks in the US in 2024
Express News | Reuters Poll-Kenya Inflation to Average 6.3% in 2024 and 5.6% in 2025 (6.7%, 5.7% in Jan)
Express News | Reuters Poll-Nigeria Inflation to Average 29.1% in 2024 and 17.2% in 2025 (22.3%, 14.9% in Jan)
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