Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on ...
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...
Southwest Airlines stock fell Thursday after the Department of Transportation sued the airline over a pair of "chronically ...
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