Tag: Citi

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Citigroup profit drops on bigger stockpiles for potential loan losses

Citigroup's (C) profit fell 9% in the third quarter as it set aside more money to cover loans that may not be repaid, particularly...

Middle East supply disruption potential could send oil above $100/bbl, Citi says

(Reuters) - Citi Research on Monday raised its bull case scenario for oil prices for this quarter and the next one, citing heightened potential...

Marvell Expected to Beat Forecasts as AI and Asic Sales Surge

NEW YORK, Oct. 14, 2024 Semiconductor giant Marvell Technology (MRVL, Financial) is forecasted to outperform analyst estimates in the second half of the year,...

US cruise stocks rise as Citi upbeat about strong growth indicators

(Reuters) - Shares of U.S. cruise operators, including Norwegian Cruise Line Holdings, surged in midday trading on Wednesday as brokerage Citi gets bullish on...

Citi warns some employees about misconduct by staff, contractors, memo says

NEW YORK (Reuters) - Citigroup warned some employees about fraud and unethical behavior and said it is considering tighter scrutiny on work done by...

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