Citi Group

Showing of 1 - 20 from 7 results
Citi Group - Total results - 7
Apple buyback burnishes earnings per share, may soothe critics
News & Analysis

Apple buyback burnishes earnings per share, may soothe critics

Buy low, sell high. That's the investor's credo, and one Apple Inc appears to have followed when it pounced on a drop in its own stock price to buy $14 billion of its shares in two weeks.

Sony hires Morgan Stanley, Citi to gauge spin-off option
News & Analysis

Sony hires Morgan Stanley, Citi to gauge spin-off option

Sony Corp has tapped Morgan Stanley and Citigroup to help sound out options for its entertainment business, according to a media report...

India's CAD for FY13 likely to rise to 4.7%, estimates Citi
Economy

India's CAD for FY13 likely to rise to 4.7%, estimates Citi

India's current account deficit for financial year 2013 is likely to rise to $ 87.9 billion or 4.7 percent of GDP as against $76 billion or 4 percent of the gross domestic product estimated earlier, Citigroup said in a research note.

Citigroup lowers FY14 GDP estimates to 5.7% from 6.2%
Economy

Citigroup lowers FY14 GDP estimates to 5.7% from 6.2%

Citigroup has lowered India's economic growth forecast to 5.7 percent, from 6.2 percent earlier, for the next financial year and said continued action from all policy makers is needed to reverse the decline.

Citigroup's new chief launches first salvo: Cuts 11,000 jobs
Business

Citigroup's new chief launches first salvo: Cuts 11,000 jobs

The cuts are Chief Executive Michael Corbat's first major steps to reorganize the company since he took the reins in October after directors pushed out his predecessor, Vikram Pandit.

Citigroup CEO Vikram Pandit steps down; Michael Corbat to take over
Business

Citigroup CEO Vikram Pandit steps down; Michael Corbat to take over

Citigroup Chief Executive Vikram Pandit has resigned effectively immediately, the company said on Tuesday in a statement from Chairman Michael O'Neill.

Citi downgrades RIL on 'subdued' near-term outlook
Investing

Citi downgrades RIL on 'subdued' near-term outlook

Citigroup downgraded Reliance Industries to "neutral" from "buy", but raised its target price to Rs 847 from Rs 818.