Citigroup

The iShares MSCI United Kingdom Index (NYSE: EWU) and Vanguard FTSE Europe ETF (NYSE: VGK) opened slightly higher Wednesday after U.K. lawmakers voted down another Brexit deal proposed by Prime Minister Theresa May. The proposal failed by 149 votes, representing a shrinking...

One of the three widely awaited clinical trial readouts from Gilead Sciences, Inc. (NASDAQ: GILD) turned out to be a disappointment, sending its shares down sharply Tuesday.  The Analysts Raymond James analyst Steven Seedhouse maintained a Strong Buy rating on Gilead and lowered the...

Gilead Sciences, Inc. (NASDAQ: GILD), which focuses on antiviral drugs, reported below-consensus fourth-quarter earnings per share Monday, sending its shares down.  The Analysts Raymond James analyst Steven Seedhouse reiterated a Strong Buy rating on the shares of Gilead and trimmed the...

General Motors Company (NYSE: GM) management reinforced bullish theses during its weekend Investor Day, when it previewed 2018 outperformance and guided for 2019 strength. “GM’s unique fundamental position (Pickups + AV + self-help) and the path to our prior $76-134 LT upside potential...

Today’s opening bell rings in the U.S. earnings season, but many investor eyes glanced warily across the Pacific in the early going as markets around the world reeled from more bearish Chinese economic data. There’s a lot to take in as the week gets underway, including earnings from...

Citigroup Inc. (NYSE: C) kicks off earnings season and leads the banks, with its report scheduled for before market open on Monday, Jan. 14. 2018 ended up being a tough year for the stock and C ended 2018 down 30%, with about 19% of that decline in December alone. Shares have bounced back a...

Altria Group Inc (NYSE: MO) announced a $12.8-billion minority stake in Juul Thursday. The stock has fallen since traders began digesting the deal, but many analysts maintain that the investment improves Altria’s positioning in a tough regulatory environment as consumer preferences shift....

Large-cap pharma stocks have had a decent 2018, with strong earnings momentum primarily responsible for the optimism in the space. Tax cuts enabled companies to augment cash reserves, giving them flexibility to pursue inorganic growth to enrich product pipelines. Here's how large...

Data center operator Switch Inc (NYSE: SWCH) once again disappointed investors with a third-quarter earnings miss Tuesday.  The Analysts Credit Suisse analyst Sami Badri reiterated an Outperform rating on Switch with a $14 price target. Citigroup analyst Michael Rollins maintained a...

Caterpillar Inc. (NYSE: CAT) dropped another 3 percent Wednesday after the company released its Q3 earnings report Tuesday morning. Wall Street analysts, however, remain bullish on Caterpillar in the near term and see the sell-off as a buying opportunity for investors. Here’s a sampling of...

In a preview of third-quarter earnings in the chemical and agriculture sector, Citigroup highlighted a pair trade in the sector.  The sell-side firm recommended buying Mosaic Co (NYSE: MOS) but moving to the sidelines on Sherwin-Williams Co (NYSE: SHW). The Analyst Analyst P.J. Juvekar...

Lithium company Livent is set to begin trading on the New York Stock Exchange under the ticker symbol “LTHM.” The stock is expected to debut Thursday, Oct. 11, although an official IPO date has not yet been released. The Details The company will sell 20 million shares of common stock at...

The Securities and Exchange Commission accused Tesla Inc (NASDAQ: TSLA) CEO Elon Musk of fraud in a lawsuit filed Thursday after determining Musk’s take-private tweets were “false and misleading.” The regulators are seeking orders to bar Musk from company leadership and...

Hostess Brands Inc. (NASDAQ: TWNK) has returned from its 2013 bankruptcy with a clean slate, including new bakeries, new owners and new management. This year, the company has revamped popular product lines and announced Andy Callahan as the CEO. The Analyst Citigroup analyst Alexis Borden initiated...

Global freelancing company Upwork recently filed for an IPO. The company plans to trade on The Nasdaq Global Market under the ticker symbol “UPWK.” The Details Some of the company’s main underwriters include Citigroup, Jefferies, Stifel and RBC Capital Markets. Based on...