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Wedbush analyst David Chiaverini downgraded Citizens Financial Group ( NYSE: CFG ) on Tuesday to Neutral from Outperform due to the company's high exposure to consumer lending and the increased risks of a recession. With the Federal Reserve ratcheting up interest rates to slow the eco...
Summary 2022 represented a challenging year for the regional banks where their price performance didn’t offer a respite vs. the bear market hitting the major indices. The current wall of worry hanging over the banks will be resolved in 2023. Bank earnings are poised to accele...
Summary We've witnessed such a quick and sharp correction in the stock market that the S&P 500 nearly moved from bear-market to bull-market in a matter of weeks. Nonetheless, there are still plenty of signs suggesting that this rapid move isn't going to last much longer, therefore w...
Four in five plan to make portfolio changes in the New Year to reach financial goals Despite fears of an economic downturn, the vast majority of high- and ultra-high net worth Americans plan to spend the same amount or more in 2023 than they did in 2022, according to a new outlook stu...
As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its fourth quarter and full year 2022 earnings on January 17, 2023. The news release and supplemental materials will be available at http://investor.citizensbank.com . CFG management will host a live conference ca...
Growth strategy, focus on customer experience among areas cited Citizens Financial Group, Inc. (NYSE: CFG) has been named Bank of the Year 2022 for the U.S. by The Banker , an outlet of The Financial Times , as part of the magazine’s annual global banking awards. ...
Report details the latest in Citizens’ commitment to a more sustainable future Citizens today released its inaugural Climate Report , which aligns with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). This report details efforts underway ...
Research by Citizens, the largest U.S. HELOC originator, shows 77% of Millennials are likely to apply within next three years As interest rates continue upward, home equity lines of credit (HELOCs) remain a popular tool for U.S. homeowners looking to access a flexible bo...
Citizens and Military Warriors recognize first Hope4Heroes grant recipient Citizens today announced a $300,000 grant to empower veteran-owned small business in the Bronx, in partnership with Military Warriors Support Foundation (MWSF) and the Hope4Heroes program. The grant w...
The national Citizens Business Conditions Index™ (CBCI) rose to 56.1 in the third quarter, regaining momentum after a drop in second quarter economic sentiment prompted by inflation concerns. This quarter’s score extends the index’s streak to eight straight quarters...
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Corporate revenue rises as markets turn more favorable The national Citizens Business Conditions Index™ (CBCI) rose to 52.2 in the second quarter, pushing into expansionary territory after taking a step back at the beginning of the year. The reading above 50 indicates that econ...
2024-07-25 10:45:04 ET Avantor Inc. (AVTR) AVTR is trading UP for the last 5 days, and it at trading at $22.39 with volume of 6,161,926 and a one day change of $0.02 (0.07%). Avantor Inc. has a 52-week low of 16.63 and a 52-week high of $26.16. The business's 50-day moving average p...
2024-07-20 12:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...