S&P 500

Citigroup: Stock Undeterred by a Hefty Tax Charge of $22 Billion

Citigroup: Stock Undeterred by a Hefty Tax Charge of $22 Billion As a global banking leader for more than 20 years, Citigroup, Inc. (NYSE: C) posted a net income (on an operating basis) of $15.8bn in 2017 with an EPS of $1.28, 12% higher from 2016. This was the first time since the financial crisis of 2008 where earnings are more than their expectations. The stock rallied to an all-time…

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GE: Trump’s Infrastructure Policies Favor Blue-Chips

General Electric is an American multinational conglomerate incorporated in New York. It offers a range of services from power and oil, gas and aviation to financial services and even software development. It is one of the original 12 companies listed on the Dow jones index and while it may have not been listed on the index continuously it currently features in the index. It was one of the earliest companies…