Citi Trends: Impressive Q3, But The Stock Has Discounted A Full Turnaround
- Citi Trends, Inc. reported Q3 2024 comparable sales growth of 5.7%, driven by improved product assortment, but margins remained pressured due to strategic investments and calendar shifts. Despite a 70% stock rally post Q2 '24, the market cap near $200 million makes the stock less attractive, even with potential profitability recovery. Management aims for pre-pandemic EBITDA margins and plans store expansion by late 2025, with $50 million stock repurchase authorization signaling confidence.
- 12/03/2024
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Citi Trends, Inc. (CTRN) Q3 2024 Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q3 2024 Earnings Conference Call December 3, 2024 9:00 AM ET Company Participants Cody McAllister - ICR Ken Seipel - CEO Heather Plutino - CFO Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Michael Baker - D.A. Davidson Operator Greetings.
- 12/03/2024
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Citi Trends Announces Third Quarter Fiscal 2024 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the third quarter ended November 2, 2024. Financial Highlights – Third Quarter 2024 Total sales of $179.1 million decreased 0.3% vs. Q3 2023; comparable store sales, calculated on a shifted 13-week to 13-week basis, increased 5.7% c.
- 12/03/2024
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Citi Trends Announces CEO Appointment and Q3 Comparable Store Sales Above Guidance
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends Inc. (NASDAQ: CTRN) today announced the Board of Directors has appointed Kenneth (Ken) Seipel as Chief Executive Officer, effective November 18, 2024. Mr. Seipel has been serving as the Interim CEO of Citi Trends since June 1, 2024, and on the Board of Directors since 2019. Concurrently, the Board appointed Peter Sachse, the current Executive Chairman of the Board, as Chairman of the Board. In addition, the Company is announcing preliminary Q3 2024 re.
- 11/19/2024
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Citi Trends Sets Date for Third Quarter 2024 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the third quarter 2024 before the market opens on Tuesday, December 3, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on December 3, 2024, beginning at 9:00 a.m. ET. The online replay will follo.
- 11/19/2024
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Citi Trends Is Now A Binary Play On Its Going Concern. Not An Opportunity, But Approaching It
- Citi Trends' 2Q24 results were disappointing, with significant operational losses, inventory markdowns, and decelerating comparable revenues, raising concerns about the company's viability. The stock has lost 50% since February 2024, reflecting a 50% or higher chance of the company never recovering, making it a speculative play. The new CEO's strategies focus on improving product assortment, but results are yet to be seen, and costs have increased.
- 08/28/2024
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Citi Trends, Inc. (CTRN) Q2 2024 Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q2 2024 Earnings Call Transcript August 27, 2024 9:00 AM ET Company Participants Nitza McKee - Senior Associate, ICR Ken Seipel - Interim CEO Heather Plutino - CFO Conference Call Participants Michael Baker - D.A. Davidson John Lawrence - The Benchmark Company Jeremy Hamblin - Craig-Hallum Operator Greetings.
- 08/27/2024
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Recent Insider Buying Is Focused on These 5 Stocks
- 24/7 Insights With the new quarter begun and second-quarter earnings reports starting to come in, insider buying has slowed to a trickle.
- 07/21/2024
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Citi Trends, Inc. (CTRN) Q1 2024 Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q1 2024 Earnings Conference Call June 4, 2024 9:00 AM ET Company Participants Nitza McKee - Senior Associate, ICR Ken Seipel - Interim CEO Heather Plutino - CFO Conference Call Participants Michael Baker - D.A. Davidson Jeremy Hamblin - Craig-Hallum Capital Group John Lawrence - Benchmark Operator Greetings, and welcome to the Citi Trends First Quarter 2024 Earnings Conference Call.
- 06/04/2024
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Citi Trends Announces First Quarter Fiscal 2024 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the first quarter ended May 4, 2024. Financial Highlights – First Quarter 2024 Total sales of $186.3 million increased 3.7% vs. Q1 2023; comparable store sales, calculated on a shifted 13-week to 13-week basis, increased 3.1% compar.
- 06/04/2024
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Citi Trends Announces Leadership Transition
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) (“Citi Trends” or the “Company”), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today announced that its Board of Directors (the “Board”) has appointed Ken Seipel as the Company's interim Chief Executive Officer (“CEO”), effective June 2, 2024. In connection with the appointment, David Makuen has stepped.
- 05/31/2024
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Citi Trends Sets Date for First Quarter 2024 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the first quarter 2024 before the market opens on Tuesday, June 4, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on June 4, 2024, beginning at 9:00 a.m. ET. The online replay will follow shortl.
- 05/21/2024
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Stellantis, Other Beneficial Owners Love These 7 Stocks
- Beneficial owners, including giant automaker Stellantis, portfolio managers, and an activist investor, have bolstered their stakes with huge insider purchases reported in the past week.
- 03/24/2024
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Citi Trends, Inc. (CTRN) Q4 2023 Earnings Call Transcript
- Citi Trends, Inc. (CTRN) Q4 2023 Earnings Call Transcript
- 03/19/2024
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Citi Trends Announces Fourth Quarter and Fiscal 2023 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the fourth quarter and full year ended February 3, 2024, both of which included an additional week as compared to the comparable prior year periods. Financial Highlights – Fourth Quarter 2023 Total sales of $215.2 million increased.
- 03/19/2024
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Buffett Loads Up on This Stock Again, Plus CEO Insider Buying
- In the wake of a media giant's quarterly report, the Oracle of Omaha is again bolstering his stake in the tracking stocks with some huge insider purchases.
- 03/10/2024
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Citi Trends Sets Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2023 before the market opens on Tuesday, March 19, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2921. A telephonic replay of the conference call will be available until March 28, 2023, by dialing (800) 633-8284 and entering the passcode, 2202902.
- 03/05/2024
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Citi Trends Announces Refresh of Board of Directors
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) (“Citi Trends” or the “Company”), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today announced that it will nominate three new independent directors—David Heath, Charles Liu and Michael Kvitko—for election to the Company's Board of Directors (the “Board”) at the 2024 Annual Meeting of Stockholders (the “.
- 02/29/2024
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Gold at $3,000 and oil at $100 by 2025? Citi analysts don't rule it out
- There's an off chance that gold prices could soar to $3,000 per ounce, and oil to surge to $100 per barrel within the next 12 to 18 months, says Citi.
- 02/19/2024
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Citi Trends Announces 2023 Holiday Sales Results for Quarter-to-date Through January 6, 2024
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today announced results for its holiday selling period. Total sales for the quarter-to-date period ending January 6, 2024 of $179.5 million compared to $181.9 million in the same period in 2022. Comparable store sales for the quarter-to-date period ending Jan.
- 01/08/2024
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See Which Inside Buyers Are Scooping Up More Shares Now
- Some of the biggest insider purchases around and since the Thanksgiving holiday have come from repeat buyers.
- 12/07/2023
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Citi Trends Adopts Limited Duration Stockholder Rights Plan
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) (“Citi Trends” or the “Company”) today announced that its Board of Directors (the “Board”) has unanimously adopted a limited duration stockholder rights plan (the “Rights Plan”). The Rights Plan is intended to enable all stockholders to realize the full value of their investment in Citi Trends and will reduce the likelihood that any entity, person or group gains control of the Company through open-market accumulation without payin.
- 12/06/2023
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Why Citi Trends Stock Trended Down Today
- Citi Trends missed on both sales and earnings this morning. Its quarterly loss was actually three times as big as what Wall Street was expecting.
- 11/28/2023
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Citi Trends, Inc. (CTRN) Q3 2023 Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q3 2023 Results Conference Call November 28, 2023 9:00 AM ET Company Participants Nitza McKee - Senior Associate David Makuen - Chief Executive Officer Heather Plutino - Chief Financial Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Mike Baker - D.A. Davidson Chuck Grom - Gordon Haskett John Lawrence - Benchmark Operator Greetings, and welcome to the Citi Trends Third Quarter 2023 Earnings Conference Call [Operator Instructions].
- 11/28/2023
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Citi Trends swings to much wider-than-expected loss, citing a ‘more selective' customer base
- Urban fashion apparel retailer Citi Trends Inc. CTRN reported Tuesday that it swung to a much wider-than-expected third-quarter loss on sales that fell more than forecast, as a more selective customer navigates higher costs of living. The net loss for the quarter to Oct. 28 was $3.9 million, or 47 cents a share, after net income of $24.6 million, or $3.02 a share, in the year-ago period.
- 11/28/2023
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Citi Trends Announces Third Quarter 2023 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the third quarter ended October 28, 2023. Financial Highlights – Third Quarter 2023 Total sales of $179.5 million decreased 6.7% vs. Q3 2022; Comparable store sales decreased 6.2% compared to Q3 2022 Gross margin of 38.2% vs. 39.8%.
- 11/28/2023
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Citi Trends Sets Date for Third Quarter 2023 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the third quarter 2023 before the market opens on Tuesday, November 28, 2023. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (312) 281-2972. A telephonic replay of the conference call will be available until December 5, 2023, by dialing (800) 633-8284 and entering the passcode, 22028257. The liv.
- 11/14/2023
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3 Risky Retail Stock Bets That Could Pay Off Big Time
- As circumstances sit right now, the concept of high-risk, high-reward retail stocks likely favors the bears more so than the contrarian bulls. Let's be real: while the Federal Reserve has attacked inflation with aggressive interest rate hikes, consumer prices remain stubbornly high.
- 10/23/2023
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Citi Trends Inc. (CTRN) Stock Price Soars by 28% Over the Past Three Months
- Citi Trends Inc. ( CTRN , Financial), a leading retailer of urban fashion apparel and accessories in the United States, has seen a significant increase in its stock price over the past three months. As of August 23, 2023, the company's stock price stands at $25.39, up by 28.45% from $16.97 three months ago.
- 08/23/2023
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Citi Trends, Inc. (CTRN) Q2 2023 Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q2 2023 Earnings Conference Call August 22, 2023 9:00 AM ET Company Participants Nitza McKee - Senior Associate, ICR IR David Makuen - CEO Heather Plutino - CFO Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Greg Sommer - Gordon Haskett John Lawrence - Benchmark Operator Greetings, and welcome to the Citi Trends 2Q '23 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded Tuesday, August 22, 2023.
- 08/23/2023
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Citi Trends Announces Second Quarter 2023 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the second quarter ended July 29, 2023. Financial Highlights – Second Quarter 2023 Total sales of $173.6 million decreased 6.2% vs. Q2 2022; Comparable store sales decreased 5.3% compared to Q2 2022, an 880 bps improvement to Q1 202.
- 08/22/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Dollar Tree, Affirm, and Citi Trends this week. All three companies are stepping up with quarterly results this week.
- 08/21/2023
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Citi Trends Sets Date for Second Quarter 2023 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the second quarter 2023 before the market opens on Tuesday, August 22, 2023. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (415) 226-5356. A telephonic replay of the conference call will be available until August 29, 2023, by dialing (800) 633-8284 and entering the passcode, 22027692. The live.
- 08/08/2023
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Oil prices surge to 4-month highs after Saudi, Russia output cuts
- Oil prices rose on Monday to reach their highest since mid-April following an extension of production cuts by Saudi Arabia and Russia.
- 08/07/2023
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Marvell shares rocket 25% on beat and 'tremendous' business potential for A.I.
- Shares of Marvell Technology surged about 25% off the back of quarterly earnings results.
- 05/26/2023
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Citi Trends (CTRN) Reports Q1 Loss, Lags Revenue Estimates
- Citi Trends (CTRN) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to earnings of $0.42 per share a year ago.
- 05/23/2023
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JPMorgan, Citi raise full-year forecasts for China's economy
- Analysts at JPMorgan and Citi raised their forecasts for China's full-year growth in 2023 to 6.4% and 6.1%, respectively.
- 04/19/2023
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Citi Trends stock drops toward 4-month low after downbeat outlook, as low income customers to remain under pressure
- Shares of Citi Trends Inc. CTRN, +1.57% sank 5.9% toward a four-month low in premarket trading Tuesday, after the discount apparel and accessories retailer for African American and multicultural families provided a downbeat sales outlook, while beat fourth-quarter results beat expectations. The company expects first-quarter sales to decline in the low double-digit percentage range, while the FactSet sales consensus of $212.2 million implies a 1.9% increase, as the macroeconomic environment keeps pressure on low income families, which is the bulk of its customer base.
- 03/21/2023
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Citi Trends Sets Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2022 before the market opens on Tuesday, March 21, 2023. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2928.
- 03/09/2023
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Citi Trends: Shows Potential Amidst Strong Headwinds
- Citi Trends has reported on holiday season results; although impacted by the inflationary environment, sales were within expectations at $171.9 million, a 16.1% YoY decrease. However, this was higher than in FY 2019. Citi Trends has increased its profit margin to 39.38% and seems to have managed to control inventory levels better than competitors.
- 01/27/2023
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4 Retail-Apparel & Shoes Stocks Worth Investing in Amid Industry Concerns
- Capri Holdings (CPRI), American Eagle (AEO), Urban Outfitters (URBN) and Citi Trends (CTRN) have been focusing on superior product strategy, advancement of omni-channel capabilities and prudent capital investments.
- 01/17/2023
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Why Fast-paced Mover Citi Trends (CTRN) Is a Great Choice for Value Investors
- Citi Trends (CTRN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/16/2023
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Citi Trends (CTRN) Posts Holiday Results, Sales Dip 16.1% Y/Y
- Citi Trends (CTRN) posts soft holiday performance. Total sales for the nine-week period ending Dec 31, 2022 tumbled 16.1% year over year.
- 01/11/2023
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4 Solid Stocks to Buy as Holiday Season Boosts Retail Sales
- The holiday season is helping the struggling retail sector by boosting sales, which is likely to benefit stocks like Urban Outfitters, Inc. (URBN), Citi Trends, Inc. (CTRN), Ross Stores, Inc. (ROST) and Chico's FAS, Inc. (CHS).
- 12/28/2022
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3 Bargain Apparel Stocks to Buy Before Recession Fears Subside
- It is prudent to scoop up Apparel stocks such as Chico's (CHS), American Eagle (AEO) and Citi Trends (CTRN) that are currently the victims of the wild swings in the Wall Street.
- 12/27/2022
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Should Value Investors Buy Citi Trends (CTRN) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/23/2022
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4 Beaten-Down Retail Stocks Poised for a Turnaround in 2023
- American Eagle (AEO), Arhaus (ARHS), Expedia Group (EXPE) and Citi Trends (CTRN) are currently the victims of the wild swings that Wall Street has witnessed in 2022.
- 12/14/2022
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Despite Fast-paced Momentum, Citi Trends (CTRN) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Citi Trends (CTRN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/12/2022
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Holiday Season Sales Aiding Retail Sector Rebound: 5 Winners
- The holiday season is helping the struggling retail sector by boosting sales. This is likely to benefit stocks like Chico's FAS, Inc. (CHS), Citi Trends, Inc. (CTRN), Urban Outfitters, Inc. (URBN), PC Connection, Inc. (CNXN) and Ross Stores, Inc. (ROST).
- 12/09/2022
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Citi Trends (CTRN) Upgraded to Buy: Here's What You Should Know
- Citi Trends (CTRN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 12/01/2022
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Citi Trends, Inc. (CTRN) Q3 2022 Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q3 2022 Results Conference Call November 28, 2022 9:00 AM ET Company Participants Nitza McKee - Senior Associate-ICR, LLC David Makuen - Chief Executive Officer Heather Plutino - Chief Financial Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Chuck Grom - Gordon Haskett Dana Telsey - Telsey Advisory Group John Lawrence - Benchmark Operator Greetings and welcome to the Citi Trends 3Q 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.
- 11/29/2022
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Citi Trends (CTRN) Q3 Earnings and Revenues Top Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of 1,300% and 4.18%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/29/2022
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Citi Trends Sets Date for Third Quarter 2022 Earnings Release and Conference Call
- SAVANNAH, Ga.--( BUSINESS WIRE )--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the third quarter of 2022 before the market opens on Tuesday, November 29, 2022. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (312) 281-1210. A telephonic replay of the conference call will be available until December 6, 2022, by dialing (402) 977-9140 and entering the passcode, 22021130.
- 11/15/2022
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Citi Trends: Undervalued Despite Significant Improvement In The Business
- With the leadership of Duskin, in the last 3 years, the business has improved a lot and has created substantial value for the shareholders through share buybacks and margin expansion. Citi Trends has been enjoying strong customer loyalty, which has created a substantial competitive advantage.
- 11/10/2022
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Citi Trends' CEO Boosts Stake by 20% After Shares Fall 80% This Year
- Late Tuesday, discount clothing retailer Citi Trends (US:CTRN) said in a U.S. Securities & Exchange Commission form 4 filing that its Chief Executive Officer David Makuen bought 4,000 shares of company stock on Oct.
- 10/13/2022
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Why Citi Trends Stock Cratered 18% Today
- Citi Trends may look profitable in 2022 -- but don't be fooled.
- 08/24/2022
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Citi Trends, Inc. (CTRN) CEO David Makuen on Q2 2022 Results - Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q2 2022 Earnings Conference Call August 24, 2022 9:00 AM ET Company Participants Nitza McKee - Senior Associate-ICR, LLC David Makuen - Chief Executive Officer Heather Plutino - Chief Financial Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Dana Telsey - Telsey Advisory Group Chuck Grom - Gordon Haskett John Lawrence - Benchmark Operator Greetings, and welcome to the Citi Trends Second Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.
- 08/24/2022
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Citi Trends (CTRN) Reports Q2 Loss, Misses Revenue Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of -263.16% and 9.71%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/24/2022
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Citi Trends Sets Date for Second Quarter 2022 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the second quarter of 2022 before the market opens on Wednesday, August 24, 2022. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2900. A telephonic replay of the conference call will be available until August 30, 2022, by dialing (402) 977-9140 and entering the passcode, 22019378. The
- 08/10/2022
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Is the Options Market Predicting a Spike in Citi Trends (CTRN) Stock?
- Investors need to pay close attention to Citi Trends (CTRN) stock based on the movements in the options market lately.
- 07/07/2022
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Citi Trends: Potential Cash Flow Coming, And Undervalued
- Citi Trends is a retailer of apparel, accessories, and home trends targeting the African American and Latinx consumers in the United States. Management is also building stores that don't need a lot of initial cash investment, which makes the business model quite profitable.
- 06/07/2022
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3 Hidden-Gem Micro-Cap Stocks That Could Double
- These three micro-cap stocks could double as they have great stories behind them and strong fundamentals. Citi Trends (CTRN): In early 2022 it was trading near $90, a contrarian play with consistent positive free cash flow.
- 05/29/2022
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Citi Trends, Inc. (CTRN) CEO David Makuen on Q1 2022 Results - Earnings Call Transcript
- Citi Trends, Inc. (NASDAQ:CTRN ) Q1 2022 Earnings Conference Call May 24, 2022 9:00 AM ET Company Participants Nitza McKee - Senior Associate-ICR, LLC David Makuen - Chief Executive Officer Jason Moschner - Vice President, Finance and Principal Financial/Accounting Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Jeremy Hamblin - Craig-Hallum Capital Group Chuck Grom - Gordon Haskett John Lawrence - Benchmark Operator Greetings, and welcome to the Citi Trends 1Q 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.
- 05/24/2022
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Citi Trends (CTRN) Beats Q1 Earnings and Revenue Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of 23.53% and 0.54%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/24/2022
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Citi Trends Sets Date for First Quarter 2022 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the first quarter of 2022 before the market opens on Tuesday, May 24, 2022. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (303) 223-0118. A telephonic replay of the conference call will be available until May 31, 2022, by dialing (402) 977-9140 and entering the passcode, 22017999. The live broa
- 05/11/2022
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3 Potential Value Opportunities
- When seeking value opportunities, investors could be interested in the following stocks since their prices are trading at a discount to the intrinsic value calculated by GuruFocus' earnings-based discounted cash flow calculator.
- 03/24/2022
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Citi Trends: The Next Big Short Squeeze?
- Citi Trends reported solid Q4 FY 2021 results and guided the street to FY 2022 EPS ranging from $4.05 to $4.60 per share. This guidance excludes 2022 buybacks.
- 03/17/2022
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Citi Trends' (CTRN) CEO David Makuen on Q4 2021 Results - Earnings Call Transcript
- Citi Trends' (CTRN) CEO David Makuen on Q4 2021 Results - Earnings Call Transcript
- 03/15/2022
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Short-Squeeze Stocks: Top 10 Stocks With High Short Interest Today
- Short-squeeze stocks continue to be a hot topic with retail traders and we're going over the top ones to keep an eye on for Tuesday! The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest Today appeared first on InvestorPlace.
- 03/15/2022
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Citi Trends (CTRN) Q4 Earnings Beat Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of 6.42% and 0.34%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/15/2022
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Citi Trends Stock Slides After Q4 Sales Miss, Grim Outlook
- Citi Trends Inc (NASDAQ: CTRN) reported a fourth-quarter FY21 sales decline of 4.3% year-on-year, to $240.97 million, missing the consensus of $250.54 million. Total sales increased 14.2% from Q4 FY19.
- 03/15/2022
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Citi Trends Sets Date for Fourth Quarter 2021 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter of 2021 before the market opens on Tuesday, March 15, 2022. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231- 2906. A telephonic replay of the conference call will be available until March 22, 2022, by dialing (402) 977-9140 and entering the passcode, 22015507. The liv
- 03/01/2022
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New Strong Sell Stocks for February 16th
- NLY, GNK, and CTRN have been added to the Zacks Rank #5 (Strong Sell) List on February 16, 2022
- 02/16/2022
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Citi Trends (CTRN) Gains But Lags Market: What You Should Know
- In the latest trading session, Citi Trends (CTRN) closed at $45.84, marking a +1.37% move from the previous day.
- 02/09/2022
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Apparel Category Shimmers Bright in Holiday Season: 4 Buy Stocks
- Retailers such as Tilly's (TLYS), Zumiez (ZUMZ), Citi Trends (CTRN) and Genesco (GCO) channelized their strength to provide consumers with a seamless shopping experience in the holiday season.
- 01/21/2022
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Citi Trends (CTRN) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Citi Trends (CTRN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/07/2022
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Is Citi Trends (CTRN) a Suitable Stock for Value Investors?
- Is Citi Trends (CTRN) a great pick from the value investor's perspective right now? Read on to know more.
- 01/06/2022
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Citi Trends to Present at 2022 ICR Conference
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today announced that the Company will be presenting at the 2022 ICR Conference on Monday, January 10, 2022 at 9:30 a.m. ET. The Company will be represented at the conference by David Makuen, Chief Executive Officer; Lisa Powell, Executive Vice President and Chief Me
- 01/05/2022
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4 Profitable Stocks to Boost Returns Using Net Income Ratio
- FLGT, LGO, CTRN, and TGH have been selected as the top picks with a high net income ratio.
- 01/04/2022
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How Much Upside is Left in Citi Trends (CTRN)? Wall Street Analysts Think 81%
- The consensus price target hints at an 81% upside potential for Citi Trends (CTRN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 12/28/2021
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Why You Shouldn't Bet Against Citi Trends (CTRN) Stock
- Citi Trends (CTRN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 12/27/2021
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Citi Trends (CTRN) Sees Hammer Chart Pattern: Time to Buy?
- Citi Trends (CTRN) has been struggling lately, but the selling pressure may be coming to an end soon.
- 12/23/2021
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Here is Why Growth Investors Should Buy Citi Trends (CTRN) Now
- Citi Trends (CTRN) possesses solid growth attributes, which could help it handily outperform the market.
- 12/22/2021
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Find Strong Stocks for 2022 with Return on Equity
- Today, we utilized a Zacks screen to help find highly-ranked stocks that have proven they can turn assets into profits.
- 12/21/2021
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5 Stocks With Solid Net Profit Margin to Enrich Your Portfolio
- Let's take a look at the five top-ranked stocks - TMST, OSS, FNF, CTRN and MODV - with stellar net profit margins for a winning portfolio.
- 12/21/2021
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New Strong Buy Stocks for December 17th
- ASO, CTRN, ETD, FNKO, and OXM have been added to the Zacks Rank #1 (Strong Buy) List on December 17th.
- 12/17/2021
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Citi Trends: Trending Higher, With New Growth Strategy
- Citi Trends: Trending Higher, With New Growth Strategy
- 12/15/2021
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Is Citi Trends (CTRN) Outperforming Other Retail-Wholesale Stocks This Year?
- Here is how Citi Trends (CTRN) and The Children's Place (PLCE) have performed compared to their sector so far this year.
- 12/10/2021
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New Strong Buy Stocks for December 8th
- ACLS, BERY, CTRN, FLGT, and GMS have been added to the Zacks Rank #1 (Strong Buy) List on December 8, 2021
- 12/08/2021
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Here is Why Growth Investors Should Buy Citi Trends (CTRN) Now
- Citi Trends (CTRN) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/06/2021
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Citi Trends, Inc. (CTRN) CEO David Makuen on Q3 2021 Results - Earnings Call Transcript
- Citi Trends, Inc. (CTRN) CEO David Makuen on Q3 2021 Results - Earnings Call Transcript
- 11/30/2021
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Bears are Losing Control Over Citi Trends (CTRN), Here's Why It's a 'Buy' Now
- Citi Trends (CTRN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
- 11/30/2021
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Citi Trends (CTRN) Surpasses Q3 Earnings and Revenue Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of 114.58% and 5.15%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/30/2021
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Citi Trends (CTRN) Stock: Why The Price Increased Today
- The stock price of Citi Trends, Inc. (NASDAQ: CTRN) increased by over 5% pre-market today. This is why it happened.
- 11/30/2021
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Citi Trends Stock Gains After Q3 Beat, Raised FY21 Outlook
- Citi Trends Inc (NASDAQ: CTRN) reported third-quarter FY21 sales growth of 14.5% year-on-year, to $227.96 million, beating the analyst consensus of $220.67 million. EPS of $1.03 beat the analyst consensus of $0.45.
- 11/30/2021
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Recap: Citi Trends Q3 Earnings
- Citi Trends (NASDAQ:CTRN) reported its Q3 earnings results on Tuesday, November 30, 2021 at 06:45 AM. Here's what investors need to know about the announcement.
- 11/30/2021
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Has Citi Trends (CTRN) Outpaced Other Retail-Wholesale Stocks This Year?
- Here is how Citi Trends (CTRN) and Darden Restaurants (DRI) have performed compared to their sector so far this year.
- 11/24/2021
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Wall Street Analysts Predict a 52% Upside in Citi Trends (CTRN): Here's What You Should Know
- The mean of analysts' price targets for Citi Trends (CTRN) points to a 51.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 11/24/2021
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Citi Trends (CTRN) Stock Sinks As Market Gains: What You Should Know
- Citi Trends (CTRN) closed at $91.18 in the latest trading session, marking a -0.56% move from the prior day.
- 11/23/2021
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Earnings Preview: Citi Trends (CTRN) Q3 Earnings Expected to Decline
- Citi Trends (CTRN) 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.
- 11/23/2021
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Citi Trends Sets Date for Third Quarter 2021 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the third quarter of 2021 before the market opens on Tuesday, November 30, 2021. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (303) 223-0117. A telephonic replay of the conference call will be available until December 7, 2021, by dialing (402) 977-9140 and entering the passcode, 21998877. The
- 11/16/2021
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5 Well-Known Red-Hot Small-Cap Stocks Have Massive Upside Potential
- The massive run of the major indexes has been stunning over the past 18 months, and the wealth generated by it has been a huge positive for many Americans.
- 11/04/2021
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Look Beyond Earnings, Bet on 4 Stocks With Rising Cash Flows
- Achieving profit is, no doubt, a company's goal, but having a healthy cash flow is imperative to a company's existence, development and success.
- 10/18/2021
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5 Apparel Stocks to Buy for the Upcoming Holiday Season
- People have finally started spending on clothing and apparel, helping stocks of Hibbett Sports (HIBB), The Gap (GPS), and Tapestry, Inc. (TPR).
- 10/11/2021
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Is Citi Trends (CTRN) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/01/2021
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Improve Your Portfolio Amid Fall Volatility with this ROE Stock Screener
- Investors with long-term horizons should try to stay constantly exposed to the market. Today we look at how to find highly-ranked stocks that have proven they can turn assets into profits amid the volatility.
- 09/28/2021
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5 Broker-Friendly Stocks to Buy Amid the Current Market Crisis
- Investors should add broker-friendly stocks like Best Buy (BBY), Peabody Energy (BTU), Citi Trends (CTRN), Caleres (CAL) and Commercial Metals (CMC) to their respective portfolios for handsome returns.
- 09/23/2021
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5 Smaller Beaten-Down Stocks with Strong Growth Potential
- Not all share price dips make sense. So when other indications are positive, we can use any dips to accumulate shares.
- 09/22/2021
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5 Stocks to Buy on a Rebounding Apparel Market
- People have finally started spending on clothing and apparel, helping stocks of The Gap (GPS), Foot Locker (FL) and The TJX Companies (TJX).
- 09/21/2021
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3 Reasons Growth Investors Will Love Citi Trends (CTRN)
- Citi Trends (CTRN) could produce exceptional returns because of its solid growth attributes.
- 09/20/2021
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3 Reasons to Buy Retail Stocks Now
- Retail stocks are ripe for the picking.
- 09/16/2021
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Are Investors Undervaluing Citi Trends (CTRN) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/14/2021
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5 Stocks With Increasing Cash Flows to Enhance Your Portfolio
- Cash indicates a company's true financial health. It holds the key for its existence, development and success.
- 09/14/2021
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5 Top-Ranked Stocks With Impressive Net Profit Margins
- Here are five top-ranked stocks with impressive net profit margins that can contribute toward making a solid portfolio.
- 09/10/2021
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Citi Trends: More Upside With Earnings Trending In The Right Direction
- Citi Trends reported Q2 results that beat market estimates highlighted by strong growth and firming profitability. Management has guided for higher full-year EPS and is moving forward with a national expansion with new store openings.
- 09/04/2021
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3 Reasons Why Growth Investors Shouldn't Overlook Citi Trends (CTRN)
- Citi Trends (CTRN) could produce exceptional returns because of its solid growth attributes.
- 09/03/2021
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Forget Bargains, Play 5 Stocks with Rising P/E Instead
- Forget undervalued stocks, there is room for upside even in stocks with rising P/E.
- 09/02/2021
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Citi Trends (CTRN)
- Citi Trends (CTRN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/30/2021
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New Strong Buy Stocks for August 27th
- CTRN, EHC, HMC, PPC, and MNTX have been added to the Zacks Rank #1 (Strong Buy) List on August 27, 2021.
- 08/27/2021
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Look Beyond Profit, Buy These 4 Stocks With Increasing Cash Flows
- Cash provides flexibility to a company with respect to business decisions and potential investments, as well as the fuel to drive its growth engine.
- 08/27/2021
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Citi Trends, Inc. (CTRN) CEO David Makuen on Q2 2021 Results - Earnings Call Transcript
- Citi Trends, Inc. (CTRN) CEO David Makuen on Q2 2021 Results - Earnings Call Transcript
- 08/24/2021
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Investors Cheer Citi Trends' Q2 Earnings Beat, Raised FY21 Outlook
- Citi Trends Inc (NASDAQ: CTRN) reported second-quarter FY21 sales growth of 29.8% compared to Q2 FY19, to $237.3 million, beating the analyst consensus of $227.21 million. The company reported operating results for Q2 2021 relative to Q2 2019 to provide a normalized comparison of performance since Q2 2020 included significant favorable one-time expense reductions related to COVID-19.
- 08/24/2021
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Citi Trends (CTRN) Q2 Earnings and Revenues Surpass Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of 189.36% and 4.44%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/24/2021
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Citi Trends Announces Strong Second Quarter 2021 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today reported results for the second quarter ended July 31, 2021. Financial Highlights – 13 week second quarter ended July 31, 2021 The Company is reporting operating results for Q2 2021 relative to Q2 2019 to provide a more normalized comparison of performance sin
- 08/24/2021
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Analysts Estimate Citi Trends (CTRN) to Report a Decline in Earnings: What to Look Out for
- Citi Trends (CTRN) 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.
- 08/17/2021
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Citi Trends Sets Date for Second Quarter 2021 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the second quarter of 2021 before the market opens on Tuesday, August 24, 2021. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (303) 223-0120. A telephonic replay of the conference call will be available until August 31, 2021, by dialing (402) 977-9140 and entering the passcode, 21996408. The li
- 08/10/2021
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Citi Trends Announces Black History Makers Winners
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today announced the grant winners of its Black History Makers program. In January 2021, CITIcares powered by Citi Trends, launched its Black History Makers program to honor Black entrepreneurs who are making an impact in their communities. To increase awareness of B
- 06/16/2021
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New Strong Sell Stocks for June 15th
- CTRN, SI, ADMP, ISBA, and DGICA have been added to the Zacks Rank #5 (Strong Sell) List on June 15, 2021
- 06/15/2021
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4 Buy-Rated Stocks to Pick With Impressive Cash Flow Growth
- Cash is the lifeblood of any business, and provides vitality and strength to a company.
- 06/11/2021
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Citi Trends Announces Next Steps Under Its Capital Return Program
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today announced the authorization of a new share repurchase program. After careful analysis of its cash position coming out of a record first quarter of 2021 and keeping in step with its recent capital allocation strategy, inclusive of store growth opportunities, in
- 06/02/2021
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Bet on These 4 Stocks With Rising Cash Flows to Scoop Big Gains
- Cash indicates a company's true financial health. It is the key to its existence, development and success.
- 05/27/2021
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Citi Trends (CTRN) CEO, David Makuen on Q1 2021 Results - Earnings Call Transcript
- Citi Trends (CTRN) CEO, David Makuen on Q1 2021 Results - Earnings Call Transcript
- 05/25/2021
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Citi Trends (CTRN) Surpasses Q1 Earnings Estimates
- Citi Trends (CTRN) delivered earnings and revenue surprises of 11.38% and -0.01%, respectively, for the quarter ended April 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/25/2021
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Citi Trends Announces Record First Quarter 2021 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today reported results for the first quarter ended May 1, 2021. Financial Highlights – 13-week first quarter ended May 1, 2021 Total sales increased 145.8% to $285.4 million compared to $116.1 million in Q1 2020; total sales increased 39.2% compared to Q1 2019 Compa
- 05/25/2021
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6 Top Ranked Stocks With Impressive Net Profit Margins
- Let's take a look at the six top ranked stocks with impressive net profit margins for an enriching portfolio.
- 05/24/2021
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What Makes Citi Trends (CTRN) a Good Fit for "Trend Investing"
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Citi Trends (CTRN) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 05/19/2021
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5 Apparel Stocks to Buy as Restrictions Get Relaxed Further
- People have finally started spending on clothing and apparel which is helping stocks like Levi Strauss. (LEVI), American Eagle Outfitters (AEO) and Citi Trends (CTRN).
- 05/19/2021
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Citi Trends (CTRN) Earnings Expected to Grow: Should You Buy?
- Citi Trends (CTRN) 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.
- 05/18/2021
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Can U.S. Small Businesses Maintain Optimism in 2021?
- A large number of small-cap stocks have skyrocketed so far this year. Several of them have more upside left for 2021.
- 05/14/2021
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E-Commerce Continues to Help Retail Sales: 5 Stocks to Buy
- E-commerce has been helping the retail sector since the coronavirus outbreak. Retailers with a strong online presence like Levi Strauss (LEVI) and Citi Trends (CTRN) are likely to benefit in the near term.
- 05/11/2021
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Boost Your Portfolio With These 4 Rising Cash-Flow Backed Stocks
- Cash is a company's lifeblood, measure of resiliency and indicator of its true financial health.
- 05/10/2021
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Is Citi Trends (CTRN) a Solid Growth Stock? 3 Reasons to Think " Yes "
- Citi Trends (CTRN) could produce exceptional returns because of its solid growth attributes.
- 05/06/2021
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6 Top-Ranked Stocks to Pick With Stellar Net Profit Margins
- Here are the six best-performing stocks with impressive net profit margins that can contribute toward making an enriching portfolio.
- 05/06/2021
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5 Stocks With Recent Price Strength Amid Strong Recovery
- Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like GNK, ESEA, NMM, BSET and CTRN have a high chance of carrying the momentum forward.
- 04/29/2021
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6 Top-Ranked Stocks With Impressive Net Profit Margins
- Let's take a look at these six top-ranked stocks with solid net profit margins for a winning portfolio.
- 04/21/2021
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Can Citi Trends (CTRN) Run Higher on Rising Earnings Estimates?
- Citi Trends (CTRN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 04/20/2021
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Here's Why Citi Trends (CTRN) is a Great Momentum Stock to Buy
- Does Citi Trends (CTRN) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/20/2021
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Is Citi Trends (CTRN) a Solid Growth Stock? 3 Reasons to Think " Yes "
- Citi Trends (CTRN) could produce exceptional returns because of its solid growth attributes.
- 04/19/2021
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Retail Sales Jump to a 10-Month High: 5 Solid Stocks to Buy
- The retail sector is trying to get back on its feet and the new round of stimulus has given people more spending power, which is helping companies like L Brands (LB), WilliamsSonoma (WSM) and Levi Strauss & Co. (LEVI)
- 04/16/2021
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Citi Trends Provides Business Update
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends primarily for African American and Latinx families in the United States, today provided a business update. Business Update Total sales for the first quarter through April 3, 2021 increased 77.2% compared to the same period in the prior year, and 36.3% compared to the same period in 2019, exceeding internal expectations. Comparable store sales for the first
- 04/14/2021
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5 Apparel Stocks to Buy as Industry Tries to Bounce Back
- The apparel industry took a bad hit from the pandemic but things are finally looking up that is helping companies like Levi Strauss (LEVI) and Boot Barn Holdings (BOOT)
- 04/12/2021
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Week 15 MDA Breakout Stocks - April 2021: Short-Term Picks To Give You An Edge
- Two new breakout stocks for Week 15 of 2021 with better than 10% short-term upside potential. This past week 2 of 4 stocks beat 10% in less than 5 days with CAMT peaking at +10.3% and HIMX +15.7%. The 2 Dow picks gained over +6.7%.
- 04/10/2021
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Citi Trends' (CTRN) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Citi Trends, Inc. (CTRN).
- 04/01/2021
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Citi Trends (CTRN) is a Great Momentum Stock: Should You Buy?
- Does Citi Trends (CTRN) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 03/24/2021
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Top Ranked Momentum Stocks to Buy for March 22nd
- Top Ranked Momentum Stocks to Buy for March 22nd
- 03/22/2021
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Earnings Estimates Rising for Citi Trends (CTRN): Will It Gain?
- Citi Trends (CTRN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 03/18/2021
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Citi Trends, Inc. (CTRN) CEO David Makuen on Q4 2020 Results - Earnings Call Transcript
- Citi Trends, Inc. (CTRN) CEO David Makuen on Q4 2020 Results - Earnings Call Transcript
- 03/16/2021
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Citi Trends Announces Fourth Quarter & Fiscal 2020 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today reported results for the fourth quarter and full year ended January 30, 2021. Financial Highlights – 13-week fourth quarter ended January 30, 2021 Total sales increased 19.4% to $251.9 million compared to $211.0 million in the fourth quarter of 2019 Comparable store s
- 03/16/2021
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Citi Trends Sets Date for Fourth Quarter and Full Year 2020 Earnings Release and Conference Call
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2020 before the market opens on Tuesday, March 16, 2021. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2935. A telephonic replay of the conference call will be available until March 23, 2021, by dialing (402) 977-9140 and entering the passcode, 2199055
- 03/02/2021
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Citi Trends Provides Fourth Quarter Business Update
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today provided a fourth quarter and full year 2020 business update. Fourth Quarter and Full Year 2020 Business Update Total sales for the fourth quarter ended January 31, 2021 are estimated to increase 19.4% to $251.9 million compared to $211.0 million in the fourth quarter
- 02/18/2021
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CITIcares Powered by Citi Trends Launches Black History Makers
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American families in the United States, today announced the launch of its Black History Makers program to honor Black entrepreneurs who are making an impact in their communities. Encouraging Black business owners to apply for one of the ten $5,000 grants to be made by Citi Trends and designed to help further their business,
- 01/28/2021
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Citi Trends Announces 2020 Holiday Sales Results and Updates Long-term Strategic Plan
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today announced results for its holiday selling period. Total sales for the nine-week period ended January 2, 2021 increased 12.9% to $192.5 million compared with $170.5 million in the same period of 2019 and comparable store sales increased 10.3% versus 3.6% in the same pe
- 01/12/2021
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5 Retailers Trading With Low Price-Sales Ratio
- According to the GuruFocus All-In-One Screener, a Premium feature, the following retailers were trading with low price-sales ratios as of Jan. 07.
- 01/07/2021
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Citi Trends Announces Next Steps Under Its Capital Return Program
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American families in the United States, today announced the authorization of a new share repurchase program and provided an update on the status of the previous share repurchase program. New Share Repurchase Program Authorization The Company's board of directors today announced the authorization of another $30 million share
- 12/22/2020
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Citi Trends, Inc. (CTRN) CEO David Makuen on Q3 2020 Results - Earnings Call Transcript
- Citi Trends, Inc. (CTRN) CEO David Makuen on Q3 2020 Results - Earnings Call Transcript
- 12/01/2020
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Citi Trends Announces Third Quarter 2020 Results
- SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American families in the United States, today reported results for the third quarter ended October 31, 2020. Financial Highlights – 13-week third quarter ended October 31, 2020 Total sales increased 8.8% to $199.1 million compared to $183.1 million in the third quarter of 2019 Comparable store sales increased 6.3%; the fift
- 12/01/2020
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Silver price set to soar according to Citi and Goldman Sachs
- Goldman Sachs has thrown some petrol on the silver fire, recommending investors dump the US dollar and buy the metal instead.
- 10/23/2020
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Goldman Sachs Takes Citigroup Stock Off Its ‘Conviction List’
- The bullish case for Citigroup, while still intact, has been complicated in recent weeks as the bank was recently hit with a $400 million fine after regulators deemed the bank’s risk management controls inadequate.
- 10/22/2020
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Gilead’s Sales Will Slip Even With Remdesivir, Says Analyst
- Citigroup analyst Mohit Bansal rates Gilead stock at Buy but lowered his target price to $75 from $80. He sees two more years of revenue decline.
- 10/22/2020
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STMicro sees more sales growth in fourth-quarter despite Huawei ban
- STMicro sees more sales growth in fourth-quarter despite Huawei ban
- 10/22/2020
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Analisi di prezzo: oro, petrolio e argento | Invezz
- I prezzi dell'oro hanno oscillato in un intervallo ristretto oggi a 1.900$ l'oncia. Citi ha fissato un obiettivo di prezzo di 40$ l'oncia per l'argento.
- 10/21/2020
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Análisis del precio del oro, el petróleo y la plata | Invezz
- Las materias primas se negocian hoy en un rango estrecho, ya que los inversionistas esperan ansiosamente noticias de los EE.UU. relacionadas con el nuevo plan de estímulo. Si bien el oro y el petróleo se negocian en un rango estrecho, los precios de la plata han logrado importantes ganancias esta semana. El precio del oro debería subir con un acuerdo de estímulo Los precios del oro se mantuvieron en un rango estrecho hoy por encima de los 1,900 dólares por onza antes de la fecha límite para un acuerdo sobre un nuevo plan de estímulo para el coronavirus en los
- 10/21/2020
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Astoria Citi Bike Expansion Starts To Take Shape
- The city's bike-share network is expanding further into Astoria. A new map released Monday shows what that could look like.
- 10/20/2020
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IBM Stock Slides as Analysts Find Trouble ‘Under the Hood’ in Q3 Earnings
- Profits in the quarter were weaker than expected when adjusted for currency and tax rates, Morgan Stanley analyst Katy Huberty says, adding that free cash flow also disappointed.
- 10/20/2020
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ACC share price: CLSA, Citi to BofA - Here is what brokerage reports are saying after results declaration
- CLSA and Citi believe that the company's Q3 results were above their estimates.
- 10/20/2020
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Texan by Nature Recognizes American Campus Communities as Conservation and Sustainability Leader
- Texan by Nature (TxN), a Texas-led conservation non-profit founded by former First Lady Laura Bush, today announced American Campus Communities (ACC)
- 10/20/2020
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Payton Planar: Hitting All Cylinders In Spite Of The Pandemic
- Despite the 5-15% decline in the analog semi industry in H1 of 2020, Payton Planar managed to grow its revenues by 9% and its operating profit by 15%.
- 10/19/2020
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Amazon Prime Day Was a Success. How Big of a Success Is Open to Question.
- Amazon changed the language in its annual Prime Day wrap-up news release, and for the first time didn’t claim that it was the company’s “biggest shopping day...
- 10/19/2020
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Citi : Appointed by Emles Advisors to Provide Securities Services for New Family of ETFs | MarketScreener
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Stocks making the biggest moves in the premarket: Concho Resources, Halliburton, AstraZeneca & more
- The stocks making the biggest moves in premarket trading include Concho Resources, Halliburton, AstraZeneca, and more.
- 10/19/2020
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Citi Launches “True Name” Feature with Mastercard Across the U.S.
- Today, Citi announced that it is offering transgender and non-binary people the ability to use their chosen name on eligible credit cards. This launch
- 10/19/2020
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Citigroup: A Compelling Opportunity (NYSE:C)
- Citi is in a quasi crisis mode and it is not just the pandemic. The latest worry is the Fed and OCC consent orders.
- 10/17/2020
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The 'I'm An Accountant' Stock Market, And Sentiment Results (NYSE:WFC)
- Earnings results for the banks could not have been much better. TENS of BILLIONS of loan loss reserves will be coming back to banks (as earnings) in coming quarters as the economy continues to recover.
- 10/16/2020
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Amazon Prime Day 2020 May Have Disappointed. Here’s the Hint.
- Citi analyst Jason Bazinet noted that this year’s post-Prime Day press release didn’t include the claim that the event was the biggest day ever for shopping on the e-commerce site.
- 10/16/2020
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IBM earnings: Chief executive’s first big move will be more scrutinized than the numbers
- International Business Machines Corp.'s recently announced plan to spin off its datacenter outsourcing business and anything it can add to that will likely...
- 10/16/2020
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Taiwan Semiconductor Tops Earnings Expectations, Driven by 5G and IoT
- Citi analyst Roland Shu repeated his Buy rating on the shares Thursday morning.
- 10/15/2020
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Fastly Stock Is 25% Off. Some See a Bargain, Others Say ‘I Told You So.’
- Fastly stock had a ferocious rally before an equally ferocious selloff. What analysts are saying.
- 10/15/2020
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Veterans on Wall Street (VOWS) Announces Tenth Annual Veteran Symposium
- Military veterans, spouses and corporate hiring managers are invited to virtually attend the 10th Annual Veterans on Wall Street (VOWS) Symposium on N
- 10/15/2020
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Citi nomme Gaëtan Cochard au poste de Corporate Bank Head for West & Central Africa (WCA)
- Citi annonce la nomination de Gaëtan Cochard au poste de Corporate Bank Head for West & Central Africa (WCA) avec effet immédiat. Gaëtan assumera ce rôle en plus de sa fonction actuelle de resp…
- 10/14/2020
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Citigroup Keeps Tripping Over Itself, But Trades At An Undemanding Valuation (NYSE:C)
- While core earnings looked good relative to expectations due to lower provisioning expense, Citi had a lackluster pre-provision profit performance.
- 10/14/2020
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A day in the life of a data analytics graduate at Citi’s Innovation Lab
- Wondering what to expect from employers as a data science graduate? Karishma Chandrakumar shares her experience of her first year at Citi.
- 10/14/2020
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Covid Is Making a Comeback. The Stock Market Is Watching.
- Big bank earnings show resilience in the face of the pandemic, early voting surges with less than three weeks before the election, Eli Lilly coronavirus therapy study halted, and other news to start your day.
- 10/14/2020
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Apollo Hospital and Dr Reddy's Labs share prices: Citi raises target, says pharma and healthcare in sweet spot
- Citi believes improved pharma sector fundamentals have driven valuation above its 10 year mean.
- 10/14/2020
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Citigroup Earnings Review: Short Of Impressive (NYSE:C)
- Citigroup reported third-quarter earnings and topped Wall Street's expectations, but the results were far from pristine.
- 10/14/2020
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PayPal Extends 'Buy Now, Pay Later' Credit Facility To UK Shoppers
- PayPal Holdings Inc (NASDAQ: PYPL) on Wednesday extended consumer credit facilities in the United Kingdom with its newly launched “PayPal Pay in 3” scheme. The...
- 10/14/2020
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JPMorgan, Citi profits improve amid signs of recovery
- CHARLOTTE, N.C. (AP) — Two of the nation's biggest banks — JPMorgan Chase and Citigroup — said Tuesday that their profits improved markedly over the summer, as the U.S. economy tried to bounce back from the coronavirus shutdowns that were imposed earlier this year. Even so, both New York banks warned that much uncertainty remains about where the U.S. economy is headed, and top bank executives bluntly said there is a need for another economic stimulus package to keep the economy from slipping into recession again. “A good, well-designed stimulus package will simply increase the chance we get better outcomes," said JPMorgan's Chairman and CEO Jamie Dimon in an conference call with reporters. Both Citi and JPMorgan set aside fewer funds to cover potentially bad loans, contributing to the improvement in their third-quarter results. These loan-loss reserves, as they are known, are funds banks put aside when borrowers stop paying on their loans or there are economic signals that show a potential for more loans to go bad. In the first months of the pandemic, banks set aside tens of billions of dollars to guard against bad loans as state and local economies came to a halt and millions of workers were laid off. Citi itself reserved about $15 billion over the first two quarters of 2020. But in the third quarter, many cities and states started reopening their economies in phases — restaurants were allowing diners to sit outside and businesses brought limited numbers of workers back to the offices, among other actions. Many economic indicators have markedly improved since the pandemic shutdowns of April and May. For instance, unemployment, albeit still high, is down from historic records earlier in the year. This has led a good number of investors and economists to predict that — at least economically — the worst...
- 10/13/2020
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JPMorgan, Citigroup profits improve amid signs of recovery
- Many economic indicators have markedly improved since the pandemic shutdowns of April and May.
- 10/13/2020
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Citi execs silent on cost of risk overhaul
- CEO Michael Corbat and CFO Mark Mason dodged questions from analysts about how much time and money Citigroup expects to spend to address recent enforcement actions.
- 10/13/2020
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Citi Warns Of Pressure On Consumer Spending | PYMNTS.com
- Citigroup's Q3 earnings report indicated that things are looking a bit stronger than expected, as the firm showed early signs of stabilizing.
- 10/13/2020
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Citigroup Needs to Spend Money to Make Money
- The bank has a lot of big tasks ahead as it seeks to get out of Washington’s penalty box. Investors would do well not to be overly concerned about exactly how much it will cost.
- 10/13/2020
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Delta Descends, Banks Backslide as Earnings Season Leaves Stock Markets Mixed | The Motley Fool
- It's no surprise which part of the market is doing best.
- 10/13/2020
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JPMorgan, Citigroup profits improve amid signs of economic recovery
- Two of the nation's biggest banks JPMorgan Chase and Citigroup said Tuesday that their profits improved markedly over the summer
- 10/13/2020
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JP Morgan et Citi déjouent les pronostics
- Les deux banques américaines ont réduit très significativement leurs provisions pour risque de crédit au troisième trimestre et publié des résultats au-dessus des consensus des analystes.
- 10/13/2020
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JPMorgan, Citi profits improve amid signs of recovery
- Two of the nation’s biggest banks _ JPMorgan Chase and Citigroup _ say their profits improved markedly over the summer, helped by notable gains in the U.S. economy after the coronavirus economic shutdowns from earlier this year
- 10/13/2020
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JPMorgan, Citi profits improve amid signs of recovery
- CHARLOTTE, North Carolina (AP) — Two of the nation's biggest banks — JPMorgan Chase and Citigroup — said Tuesday that their profits improved markedly over the summer, as the U.S. economy tried to...
- 10/13/2020
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Ardian Acquires 50% Ownership Stake in ANGUS Chemical Company
- Ardian, a world leading private investment house, today announced that it has acquired a 50-percent ownership stake in ANGUS Chemical Company (“ANGUS”
- 10/13/2020
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Here are Monday's biggest analyst calls of the day: Apple, DraftKings, Snowflake, Twitter & more
- Here are the biggest calls on Wall Street on Monday.
- 10/12/2020
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Stock market live updates: Dow gains 250, Apple jumps 6%, Ford climbs on upgrade
- This is CNBC's markets live blog that will be updated throughout the day.
- 10/12/2020
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Citi Announced as Teach For All’s Global Learning Partner
- Citi today announced that it is working with Teach For All to enable cross border learning and sharing, and increase impact across the global network.
- 10/12/2020
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Survival of the fittest in Australia's wealth sector
- Two of Citi's top bankers detect growing optimism in the top echelons of the corporate sector, but say the huge wealth industry is poised for a shake-up.
- 10/11/2020
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Fintech Focus For October 12, 2020
- Quote Of The Day: The only impossible journey is the one you never begin. - Tony Robbins
Fintech Movers: The Science and Technology (S&T) Directorate, the research and...
- 10/11/2020
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Bank Of America Vs. JPMorgan Vs. Wells Fargo Vs. Citigroup: We Have A Winner
- The big four US banks show marked valuation differences that seem unwarranted on the P&L fundamentals.
- 10/09/2020
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Citi : Appointed Depositary Bank for Lixiang Education Holding Co., Ltd.'s Sponsored ADR Program | MarketScreener
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Zalando shares gain following raised guidance
- Shares in Zalando SE jumped in early trading Friday after the German e-commerce company raised 2020 guidance due to strong performance in the third quarter,...
- 10/09/2020
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Take Five: Banks, bottom lines, Brexit
- Take Five: Banks, bottom lines, Brexit
- 10/09/2020
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From an executive shakeup to a $400 million fine: Here's all you need to know about tumultuous times at Citigroup
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Citigroup's stock underperform as J.P. Morgan's long-time bullish analyst cuts rating
- Shares of Citigroup Inc. undefined edged 0.2% higher in afternoon trading Thursday, but underperformed their peers and the broader stock market, after J.P....
- 10/08/2020
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Citigroup pays $400-million U.S. fine, agrees to fix long-term lapses
- The Federal Reserve and Office of the Comptroller of the Currency said the country’s third-largest bank had for years failed to address the issues despite repeated warnings
- 10/08/2020
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Citigroup fined $400 million over ‘longstanding’ internal failures
- The feds slapped Citigroup with a $400 million fine after finding “serious and longstanding deficiencies” in the megabank’s internal practices. Regulators on Wednesday ordered Cit…
- 10/08/2020
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Get ready for a good earnings season for big U.S. banks
- The 12 largest U.S. banks are expected to post profits for the third quarter.
- 10/08/2020
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Stocks making the biggest moves in the premarket: IBM, Eaton Vance, Domino's Pizza, Coty & more
- The stocks making the biggest moves in premarket trading include IBM, Eaton Vance, Domino's Pizza, Coty, and more.
- 10/08/2020
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Here are Thursday's biggest analyst calls of the day: Tesla, Citi, Snowflake, Target, Roku & more
- Here are the biggest calls on Wall Street on Thursday.
- 10/08/2020
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Citigroup pays $400 million fine in US, agrees to draw up plans to fix long-term lapses
- The hefty penalty follows renewed public and regulatory scrutiny of Citi's operations after an
- 10/08/2020
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Exclusive: Telefonica explores 5 billion euro fibre expansion in Germany - sources
- Exclusive: Telefonica explores 5 billion euro fibre expansion in Germany - sources
- 10/08/2020
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Maccas, Woolworths, and Coles are the biggest Budget winners — their workers not so much
- Supermarket and fast-food giants could be the biggest beneficiaries of the government’s new wage subsidy for young people, with the hiring credits potentially reducing their wage liabilities for teenage workers by two-thirds.
- 10/07/2020
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Regulators Fine Citigroup $400 Million Over ‘Serious Ongoing Deficiencies’
- In a consent order agreed to by the New York bank’s board, the Federal Reserve faulted Citigroup for falling short in “various areas of risk management and internal controls.”
- 10/07/2020
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Citi Issues Statement in Response to Consent Orders From Regulators
- Citi issued the following statement in response to the Consent Orders issued today by the Federal Reserve Board and the Office of the Comptroller of the...
- 10/07/2020
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Federal regulators punish Citigroup for lax record keeping
- The Federal Reserve on Wednesday announced that it has launched a new enforcement action against Citigroup to correct several longstanding deficiencies.
- 10/07/2020
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Stock market live Wednesday: Dow jump 500 points, Trump urges for more fiscal aid, airlines rise
- This is CNBC's markets live blog that will be updated throughout the day.
- 10/07/2020
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Fog Networking Market 2020 - by Global Growth Prospects, Future Trends, Development Status, Opportunities, Leading Players with Regions Forecast to 2024
- Oct 07, 2020 (The Expresswire) --
The “Fog Networking Market” report provides coverage of current and emerging market trends, market drivers, and insights...
- 10/07/2020
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Citi Issues Statement in Response to Consent Orders From Regulators
- Citi issued the following statement in response to the Consent Orders issued today by the Federal Reserve Board and the Office of the Comptroller of t
- 10/07/2020
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Netflix Is The Future, But It Still Has A Lot Of Needed Growth Ahead (NASDAQ:NFLX)
- The pandemic was great for Netflix, the demand that was pulled forward is great for cash flow, but Netflix still needs to maintain its growth to compete with Disney's spending.
- 10/06/2020
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Citi Appointed as Depositary Bank for China Yangtze Power’s GDR Program
- Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by China Yangtze Power Co., Ltd. (“CYPC”) – one of the largest listed...
- 10/06/2020
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The best cash back credit card: Citi Double Cash with no annual fee
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Legal Momentum to Hold Twentieth Annual Aiming High Awards Luncheon
- NEW YORK, Oct. 6, 2020 /PRNewswire via COMTEX/ --
NEW YORK, Oct. 6, 2020 /PRNewswire/ -- Legal Momentum today announced the two 2020 individual honorees for...
- 10/06/2020
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4 Uncomfortable Charts For Shell Shareholders That Show That Full Recovery Is Unlikely (NYSE:RDS.A)
- The crash of Shell seems to be an opportunity for contrarian value investors. An issue is that profitability has been sub-par for years.
- 10/06/2020
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C-Tracks ETNs linked to the Miller/Howard MLP Fundamental Index, Series B (MLPE) To Pay Quarterly Coupon
- The C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental IndexTM, Series B (NYSE Arca: MLPE) will pay a quarterly...
- 10/06/2020
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Why now is the time to get more bullish on tech stocks, says Citi
- Now isn’t the time to abandon tech stocks, says our call of the day, from strategists at Citigroup.
- 10/06/2020
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Citi Awarded Mandate to Provide ETF Services for FinEx ETFs
- Citi has been awarded the mandate to provide ETF services for the full fund range of FinEx ETF, Russia’s first and leading exchange-traded fund issuer. Under...
- 10/06/2020
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AccessFintech Secures $20 Million in Series B Financing
- AccessFintech, the leading fintech company evolving the financial industry operating model through data and workflow collaboration, is pleased to announce...
- 10/06/2020
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AccessFintech Secures $20 Million in Series B Financing
- AccessFintech secures $20 million in Series B financing
- 10/06/2020
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Big Law Firms Prosper Despite Covid-Impaired Economy
- The most elite firms say they are on track for a record year, thanks to hot practice areas like restructuring and public-offerings work, and many are doling out extra money to lawyers this fall.
- 10/05/2020
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Commodities Week Ahead: Gold Ails, Oil Perks Up Seeing 'Recovering' Trump
- Commodities Analysis by Investing.com (Barani Krishnan/Investing.com) covering: XAU/USD, US Dollar Index Futures, Gold Futures, Brent Oil Futures. Read Investing.com (Barani Krishnan/Investing.com)'s latest article on Investing.com
- 10/05/2020
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Citi Trends, Inc. (NASDAQ:CTRN) Shares Sold by Two Sigma Advisers LP
- Two Sigma Advisers LP cut its position in Citi Trends, Inc. (NASDAQ:CTRN) by 18.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,622 shares of the company’s stock after selling 17,300 shares during the quarter. Two Sigma Advisers LP owned 0.74% […]
- 10/03/2020
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Citigroup Is Cheap As Chips; Still A Strategic Shift Can Unlock Massive Shareholder Value (NYSE:C)
- A perfect storm has hit the stock. The extraordinarily cheap valuation suggests it is a compelling buy.
- 10/02/2020
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Oxford Industries Inc. (OXM) Q2 2020 Earnings Call Transcript | AlphaStreet
- Oxford Industries Inc. (NYSE: OXM) Q2 2020 earnings call dated Sep. 03, 2020
- 10/01/2020
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The 10 best credit cards of October 2020
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Citi just invested $100 million in a program that provides training and mentorship to people without college degrees. Here's how it's boosting diversity at the firm.
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Citigroup's Ray McGuire turns to tech exec Charles Phillips as advisor for likely NYC mayoral campaign
- Citigroup executive Ray McGuire is turning to former Infor CEO Charles Phillips as an advisor for what appears to be a likely run for mayor of New York.
- 09/30/2020
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Citi Partners with Truvalue Labs to Enhance ESG Research Capabilities
- Citi today announced a collaboration with Truvalue Labs, the pioneer in AI-driven environmental, social, and governance (ESG) data, to accelerate its
- 09/30/2020
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Citigroup executive Ray McGuire seeks Wall Street leaders' support for likely NYC mayoral run
- Citigroup's Ray McGuire has recently huddled with several of his allies on Wall Street in a bid to gain their support for what appears to be a likely run for mayor of New York, sources say.
- 09/29/2020
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Manhattan Offices Are Nearly Empty, Threatening New York City’s Recovery
- Manhattan office employees are returning to work at a slower pace than those in most other major U.S. cities, raising the risk that New York faces a more protracted and painful recovery from the coronavirus pandemic than much of the rest of the country.
- 09/29/2020
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It Has Been Quite a Ride for This New Yorker
- When Joey Van Scyoc was furloughed from his sales job in May his entrepreneurial wheels began to spin, launching a bicycle-resale business.
- 09/29/2020
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The best credit cards for Amazon Prime Day
- Amazon Prime Day is coming this Oct. 13 and Oct. 14. Maximize on your savings by signing up for one of these credit cards now.
- 09/28/2020
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The Brief: Career impact bonds, Citi’s impact fund, decarbon8ing, Viamo’s low-tech alerts, bridging the city climate gap
- Greetings, Agents of Impact! Reshaping capitalism to drive real change. Sir Ronald Cohen joins ImpactAlpha’s David Bank in the third episode of SOCAP’s series highlighting Cohen’s book, Impact. The session, with Suzanne DiBianco of Salesforce and Franz Paasche of PayPal, will explore corporate venture capital, stakeholder accountability and “impact-weighted accounts.” And meet special guest, Vivienne
- 09/28/2020
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Devon Energy and WPX Energy to Combine in Merger of Equals
- WPX Energy (NYSE: WPX) & Devon Energy (NYSE: DVN) have entered into an agreement to combine in an all-stock merger of equals transaction.
- 09/28/2020
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Fixing the Racial Wealth Gap Could Add $5 Trillion to the Economy. Here’s Where to Start.
- The economic cost of racial inequalities has cost the United States $16 trillion over the past 20 years.
- 09/27/2020
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U.S. IPO Weekly Recap: Health And Tech Dominate The Calendar In An 11 IPO Week
- September activity remained high as 11 IPOs and eight SPACs went public this past week. The IPO market shows no signs of slowing with eight IPOs and 18 SPACS submitting initial filings.
- 09/26/2020
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Buy the dip in gold but not stocks, say Citi’s global strategists
- In their comprehensive look at markets, Citi's global asset allocation team doesn't expect the sailing to get any easier, as they fear for the coming U.S....
- 09/25/2020
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Citi Trends, Inc. (NASDAQ:CTRN) Shares Sold by AQR Capital Management LLC
- AQR Capital Management LLC lowered its stake in Citi Trends, Inc. (NASDAQ:CTRN) by 45.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 140,455 shares of the company’s stock after selling 114,784 shares during the quarter. AQR Capital Management LLC owned 1.32% of Citi Trends worth $2,840,000 […]
- 09/25/2020
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Racism cost US economy US$16 trillion over 20 years: Citigroup study
- NEW YORK (AFP) - Racial inequality has cost the US economy US$16 trillion (S$22 trillion) in wealth over the last two decades, Citigroup said in a report on Thursday (Sept 24).. Read more at straitstimes.com.
- 09/25/2020
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Alderson to become Mets' president if Cohen purchase OKed
- NEW YORK (AP) - Longtime baseball executive Sandy Alderson will return to the New York Mets as team president if Steve Cohen's purchase of the club is approved by Major League Baseball owners.
The 72-year-old Alderson is currently a senior adviser for the Oakland Athletics. He was the Mets' general manager from 2010-18 and stepped down after being diagnosed with cancer.
"If I am fortunate enough to be approved by Major League Baseball as the next owner of this iconic franchise, Sandy Alderson will become president of the New York Mets and will oversee all Mets baseball and business operations," Cohen said Thursday in a statement reported by the New York Post.
"Sandy is an accomplished and respected baseball executive who shares my philosophy of building an organization and a team the right way. I am excited to have Sandy in a key leadership role with the Mets if my purchase of the team is approved," Cohen said.
Former player agent Brodie Van Wagenen replaced Alderson as general manager and has overseen two losing seasons. Van Wagenen's future with Cohen in charge is uncertain.
"I've always had great respect for Sandy, and as I've said in the past, look forward to having more conversations with the incoming ownership group as the process unfolds," Van Wagenen said in a statement.
Cohen reached an agreement earlier this month to buy the Mets from the Wilpon and Katz families. The deal values the franchise at about $2.4 billion.
The billionaire hedge fund manager needs to be approved by at least 23 owners for the sale to be completed.
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More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
- 09/24/2020
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Citi report sees US$16t drag on US economy from racism
- [NEW YORK] Racial inequality has cost the US economy US$16 trillion in wealth over the last two decades, Citigroup said in a report on Thursday. Read more at The Business Times.
- 09/24/2020
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Citigroup says racism has cost US economy $16 trillion
- A Wall Street bank just put a price tag on racism in America, and it’s a steep one. New York-based megabank Citigroup found that the US economy has lost out on $16 trillion in growth over the last …
- 09/24/2020
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Racial inequality cost the economy $16 trillion over the last two decades, Citi finds
- Citi has put a figure to the economic cost of racial inequality.
- 09/24/2020
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Citi To Put Over $1B In Racial Wealth Equality | PYMNTS.com
- Citi is planning to take action to close the racial wealth gap through a program called Action for Racial Equity, which will help students, entrepreneurs and more.
- 09/23/2020
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Citi to dedicate more than $1 billion to initiative for closing the racial wealth gap
- Citi announced that it will invest more than $1 billion in four key areas that will help to close the racial wealth gap in America and create economic wealth for communities of color.
- 09/23/2020
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AOC calls out Wells Fargo CEO for ‘limited pool of Black talent’ comments
- CEO Charles Scharf has apologized for ‘my own unconscious bias’
- 09/23/2020
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Gold may hit record before year-end
- On US election risk, Citi warns.
- 09/23/2020
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Citi Enhances Middle Office Services with New Client Reporting Solution
- Citi has launched a new client reporting solution as the latest enhancement to its middle office services. The new reporting service is built on the i
- 09/23/2020
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Citi Private Bank Survey Finds Caution, Cash Conservation and COVID-19 Driving Investor Sentiment Into 2021 | | IT Business Net
- Results showed nearly half of respondents from major family offices expect under 5% total returns on their assets in the next year. NEW YORK--(BUSINESS WIRE)--Citi Private Bank today released results
- 09/22/2020
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General Motors, ViacomCBS, and 8 Other Cheap Stocks to Consider Buying
- If value investing comes back in vogue, so could one of the classic value strategies—buying stocks with low price/earnings multiples.
- 09/22/2020
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General Motors, Prudential, and 8 Other Cheap Big-Cap Stocks Worth a Look
- These companies, with a market value of $10 billion or more, have some of the lowest P/E ratios.
- 09/22/2020
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Results-driven Fraser just the ticket for fixing Citi, associates say
- Jane Fraser, who is poised to become the first woman to lead a major U.S. bank, possesses turnaround experience and strong interpersonal skills that make her well suited for mending fences with regulators and investors, according to present and former colleagues.
- 09/22/2020
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Citi Private Bank Survey Finds Caution, Cash Conservation and COVID-19 Driving Investor Sentiment Into 2021
- Citi Private Bank today released results from a survey led by the Private Capital Group, providing a rare insight into the thinking of some of the wor
- 09/22/2020
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CrowdStrike: Beyond Endpoints (NASDAQ:CRWD)
- CrowdStrike is positioning itself beyond the endpoint security space. Focusing on workloads will drive more growth opportunities.
- 09/21/2020
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Apple Will Win the Music Wars With New Service Bundles, Analyst Says
- Evercore ISI analyst Amit Daryanani repeated his Outperform rating on Apple shares, lifting his target for the stock price. Citi analyst Jim Suva wrote a...
- 09/21/2020
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Goodbye travel, hello temperature checks: Bankers adjust to a new work normal
- Bankers are now beginning to come back to the City in significant numbers, but working life is far from normal
- 09/21/2020
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Heartbreak Citi: Analysts Too Bullish (NYSE:C)
- Analysts love Citi, expecting 48% stock price appreciation. However, bullish analysts underestimate the cost of Citi's latest problem.
- 09/21/2020
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'Free money' for banks as investors pile into fractured gold market
- 'Free money' for banks as investors pile into fractured gold market
- 09/21/2020
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U.S. IPO Weekly Recap: Snowflake's IPO Breaks Records In A Diverse 15-IPO Week
- In the busiest week yet for the 2020 IPO market, 15 IPOs raised $8.7 billion. Snowflake took the spotlight, completing the largest software IPO ever and bagging the biggest billion-dollar pop in two decades.
- 09/19/2020
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BidaskClub Upgrades Citi Trends (NASDAQ:CTRN) to “Strong-Buy”
- Citi Trends (NASDAQ:CTRN) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday, BidAskClub reports. A number of other brokerages also recently commented on CTRN. ValuEngine raised Citi Trends from a “sell” rating to a “hold” rating in a research report on Friday, […]
- 09/19/2020
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Spain’s Biggest Banking Merger in Years May Be the Tip of Europe’s Iceberg, Says Citigroup
- Get ready for a wave of banking consolidation in Europe, says Citigroup.
- 09/18/2020
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Here are Friday's biggest analyst calls of the day: Home Depot, Beyond Meat, Dollar General,Tesla & more
- Here are the biggest calls on Wall Street on Friday.
- 09/18/2020
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Citigroup : New Citi Impact Fund Announces First Investments | MarketScreener
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Citigroup: The Path To A Double, Part 2 (NYSE:C)
- Citi is often derided as a near-basket case with a bad history and a messy business structure that doesn't work.
- 09/18/2020
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Citigroup Has to Answer an Important Question for Investors -- and Regulators | The Motley Fool
- The bank made a $900 million error last month. Now, it's going to have to prove that it has dealt with the failures that allowed it to occur.
- 09/18/2020
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New Citi Impact Fund Announces First Investments
- Following the launch of the Citi Impact Fund, the company announced today its first four investments in “double bottom line” companies through the new
- 09/18/2020
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Citigroup employee who ran popular QAnon website put on paid leave
- Citigroup said it has placed an employee on paid leave after he was unmasked as the operator of a popular website linked with the conspiracy group QAnon.
- 09/17/2020
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Citigroup : Depositary Receipt Capital Raised in the First Half of 2020 Totaled $8.8 Billion | MarketScreener
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Parents struggle with remote learning while working from home: 'I'm constantly failing'
- Nearly half, 46%, of parents who are dealing with remote learning are concerned about their ability to continue working and caring for children at home this fall.
- 09/17/2020
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Citi : and Citi : Foundation Expand Global Job Skills-Building Initiative to Improve Employability and Economic Opportunity for Underserved Communities | MarketScreener
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Citi : Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients | MarketScreener
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Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients
- Citi has enhanced its securities services data services platform Citi VelocitySM Clarity by introducing an Integrated Reporting tool, expanding the un
- 09/17/2020
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How this millennial millionaire manages 15 credit cards and his No. 1 piece of advice for beginners
- Todd Baldwin has 15 credit cards, but uses them wisely. Here’s how he manages them and why he suggests you should get credit as early as possible.
- 09/16/2020
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Hut Group shares soar more than 30% on market debut in London’s biggest ever tech IPO
- The IPO of The Hut Group values the online health and beauty retailer at £4.5 billion ($7 billion).
- 09/16/2020
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The Hut Group shares soar 30% after bumper $7 billion London IPO
- The Hut Group is now trading on the London Stock Exchange after a $7 billion IPO.
- 09/16/2020
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FedEx Corporation (FDX) CEO Fred Smith on Q1 2021 Results - Earnings Call Transcript
- FedEx Corporation (NYSE:FDX) Q1 2021 Earnings Conference Call September 15, 2020 5:30 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Fred Smith - Chairman and Chief Executive Officer Brie Carere - Executive Vice President, Chief Marketing and Communications Officer Raj Subramaniam - President and Chief Operating Officer Alan Graf - Executive Vice President and Chief Financial Officer Don Colleran - President and Chief Executive Officer, FedEx Express Henry Maier - President and Chief Executive Officer, FedEx Ground John Smith - President and Chief Executive Officer, FedEx Freight Conference Call Participants Tom Wadewitz - UBS Jack Atkins - Stephens Inc.
- 09/16/2020
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Wall Street Continues to Rave About Nvidia’s Arm Deal. Here Are 5 Reasons Why.
- Nvidia’s focus on graphics processing seems to pair well with Arm’s intellectual property licensing business.
- 09/15/2020
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Citigroup’s ‘New’ Problems Make It Hard to Buy the Bull Case
- Given Citigroup’s recent trading, investors aren’t yet ready to buy the hope.
- 09/15/2020
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Billionaire hedge fund manager Cohen agrees to buy Mets
- NEW YORK (AP) - Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families.
The team announced the agreement on Monday. The deal is subject to the approval of Major League Baseball owners.
A Cohen entity would control 95% of the team, with the Wilpon and Katz families retaining the rest. The deal values the franchise at $2.4 billion to $2.5 billion.
Former major league star Alex Rodriguez and fiancee Jennifer Lopez also attempted to buy the team, but they dropped out of the bidding last month.
"I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets," Cohen said in a statement.
Cohen also entered negotiations to buy the Mets last year, but the deal fell apart in February. He bought an 8% limited partnership stake in 2012 for $40 million. The deal that failed to close would have seen him acquire an 80% controlling share in a transaction that valued the team at $2.6 billion.
The current Mets ownership group is headed by Fred Wilpon, brother-in-law Saul Katz and Wilpon's son Jeff, the team's chief operating officer.
Cohen first bought into the Mets when the team sought $20 million in minority investment stakes following the collapse of Bernard Madoff's Ponzi scheme, which heavily cost the Wilpons and their companies. The limited partnership shares were sold after a proposed $200 million sale of a stake of the Mets to hedge fund manager David Einhorn fell through in 2011.
The 64-year-old Cohen is CEO and president of Point72 Asset Management.
Cohen controlled SAC Capital Advisors, which in 2013 pleaded guilty to criminal fraud charges. SAC agreed to pay a $900 million fine and forfeit another $900 million to the federal government, though $616 million that...
- 09/15/2020
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Here are Tuesday's biggest analyst calls of the day: Netflix, Facebook, Alphabet, Nvidia & more
- Here are the biggest calls on Wall Street on Tuesday.
- 09/15/2020
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Citi Research Poaches Head Of ESG From M&G | Independent Newspapers Nigeria
- Citi Research has hired former head of responsible investment and ESG at M&G Investments Anita McBain, who joins the firm from 21 September. In her new role as managing director, head of EMEA ESG research, McBain will work closely with global teams to reinforce Citi’s research in ESG as related practices and themes “continue to […]
- 09/15/2020
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Citi to resume layoffs after pause during pandemic: reports
- Citi undefined is going to resume job cuts after a pause during the pandemic, according to reports from Bloomberg News and Financial Times citing a...
- 09/15/2020
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Opendoor, a Leading Digital Platform for Residential Real Estate, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia
- Opendoor Labs Inc. (“Opendoor” or the “Company”), the pioneer and market leader in iBuying, has entered into a definitive business combination agreeme
- 09/15/2020
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Billionaire hedge fund manager Cohen agrees to buy Mets
- NEW YORK (AP) - Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families.
The team announced the agreement on Monday. The deal is subject to the approval of Major League Baseball owners.
Sportico reported Cohen will own 95% of the team, with the rest staying with the Wilpon and Katz families. The deal reportedly values the franchise at about $2.4 billion.
Former major league star Alex Rodriguez and fiancee Jennifer Lopez also attempted to buy the team, but they dropped out of the bidding last month.
"I am excited to have reached an agreement with the Wilpon and Katz families to purchase the New York Mets," Cohen said in a statement.
Cohen also entered negotiations to buy the Mets last year, but the deal fell apart in February. He bought an 8% limited partnership stake in 2012 for $40 million. The deal that failed to close would have seen him acquire an 80% controlling share in a transaction that valued the team at $2.6 billion.
The current Mets ownership group is headed by Fred Wilpon, brother-in-law Saul Katz and Wilpon's son Jeff, the team's chief operating officer.
Cohen first bought into the Mets when the team sought $20 million minority investment stakes following the collapse of Bernard Madoff's Ponzi scheme, which heavily cost the Wilpons and their companies. The limited partnership shares were sold after a proposed $200 million sale of a stake of the Mets to hedge fund manager David Einhorn fell through in 2011.
The 64-year-old Cohen is CEO and president of Point72 Asset Management.
Cohen controlled SAC Capital Advisors, which in 2013 pleaded guilty to criminal fraud charges. SAC agreed to pay a $900 million fine and forfeit another $900 million to the federal government, though $616 million...
- 09/14/2020
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Iron ore price jumps to fresh 6-year high on China building boom - MINING.COM
- Iron price above $130 a tonne for the first time since January 2014 as construction leading indicator – excavator sales – surge 51%.
- 09/14/2020
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El Citi de Jane Fraser será líder en ASG... otra cosa serán las ganancias
- Deberá cimentar la ventaja del banco en temas sociales, ambientales y de gobernanza, y mejorar su baja rentabilidad
- 09/14/2020
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