US Stock Gold Mining | Black Friday trade continues to explode! Demand for upgrades stimulates apple to regain the global market cap top spot; retail stocks walmart and costco reach new highs collectively.
The 'audit scandal' ends? Super Micro Computer soared nearly 29% overnight! After external review found no improper behavior, the company replaced its CFO; Advertising agencies The Trade Desk may merge with streaming platform Roku, with the former's stock price reaching a new high, while the latter surged 11% in one day.
Express News | Citigroup : KBW Raises to Outperform From Market Perform
Citigroup completes the spin-off of its Mexican institutions' banks and consumer businesses.
On December 3, Glonghui reported that Citigroup announced the completion of the separation of its institutional banking business in Mexico from its consumer, small, and medium-sized market businesses. After this split, two independent entities were formed: Grupo Financiero Citi México, which serves institutional clients, and Grupo Financiero Banamex, which focuses on consumer banking. This move is part of Citigroup's broader global strategy to streamline operations and focus on its core strengths. Citigroup CEO Jane Fraser stated that this split simplifies the bank's business and aligns with its long-term goals.
Wells Fargo Maintains Citigroup(C.US) With Buy Rating, Maintains Target Price $95
Express News | Foreign investment once again intensively raised target prices for assets in China.
KBW Upgrades Citigroup(C.US) to Buy Rating, Raises Target Price to $82