Tag: citigroup

Chip maker Micron Technology is expected to release its quarterly earnings report at the end of the month, and most analysts agree that the numbers won’t be good. However, that is still not the reason to bail on the company’s stock, according to Citigroup’s...

Friday was a particularly good day for Citigroup Inc. and its shareholders. The investment bank presented positive second-quarter results and saw its stock surge 13%. This marked the biggest surge Citigroup had post-earnings in two decades. "In a challenging macro and geopolitical environment, our team...

Although this week presented its fair share of losses in the stock world, the week ended with a slightly brighter tone. Moods were lifted when stock analysts saw a large bump in retail sales, especially from Citigroup. This is more consistent with the way things...