CPI, Beige Book Illustrate a Decent U.S. Economy

08:05pm, Wednesday, 12'th Jul 2023
It's not the most riveting economic picture, but certainly one with some promise, looking forward.
Earnings estimates for Q2 came down as the quarter got underway, though the magnitude of cuts to estimates was notably below what we saw in other recent comparable periods.
Earnings estimates for Q2 came down as the quarter got underway, though the magnitude of cuts to estimates was notably below what we saw in other recent comparable periods.
Yahoo Finance Reporter David Hollerith explains why investors and Wall Street will be watching bank deposits amid higher interest and following the regional bank crisis.
Citigroup's (C) CitiDirect Commercial Banking offers a differentiated and enhanced client experience through a single digital platform.
JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. kick off second-quarter earnings season Friday after one of the choppiest three-month periods for the banking sector since the global financi

Why Sherwin-Williams Stock Gained 17% in June

04:32pm, Monday, 10'th Jul 2023
Several analysts raised their price targets on the paint stock last month. Data indicating a housing market recovery also helped lift the stock.
CNBC's Hugh Son joins 'Power Lunch' to report the potential issues facing banks ahead.
The Fed's Michael Barr proposed tougher capital rules for banks on Monday.   The banking industry has previously warned that more regulation could weigh on the economy.
Don't expect the broader market to surge this earnings season. But there are cheaper stocks that could pop even if their numbers don't wow.

Wall Street Awaits CPI, PPI Inflation Data

12:30pm, Monday, 10'th Jul 2023
We're still more than two weeks away from the next Federal Open Market Committee (FOMC) meeting, which will determine the course of interest rate levels through the remainder of the summer, but the Fe
Citi has launched a “single entry point” digital platform aimed at its commercial banking clients. The platform, dubbed CitiDirect Commercial Banking, gives customers a better view of their bank
Citigroup Inc. C, +0.79% said Monday it launched its new CitiDirect platform for its Citi Commercial Bank (CCB) clients, as part of the megabank's overall “significant strategic investment” to mee

The Q2 Earnings Season Kicks Off

04:08pm, Friday, 07'th Jul 2023
The June quarter earnings reporting cycle will start grabbing the market's attention this week, with JPMorgan and other big banks coming out with their Q2 results.
Citigroup (C) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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