Latest news with #C
Yahoo
5 days ago
- Business
- Yahoo
Here's What to Expect From Citigroup's Next Earnings Report
With a market cap of $154.3 billion, Citigroup Inc. (C) is a global financial services holding company that manages about 200 million customer accounts across more than 160 countries. It operates through five segments: Services; Markets; Banking; U.S. Personal Banking; and Wealth, offering a broad range of financial products to individuals, businesses, and governments. The New York-based company is expected to unveil its fiscal Q2 2025 earnings results before the market opens on Tuesday, Jul. 15. Before the event, analysts anticipate the U.S. bank to report a profit of $1.68 per share, up 10.5% from $1.52 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. In the last reported quarter, Citigroup exceeded the consensus EPS estimate by 6.5%. Ditch Big Tech and Buy These 3 Popular Stocks in 2025 Instead Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect Citigroup to report EPS of $7.36, up 23.7% from $5.95 in fiscal 2024. Looking ahead, EPS is projected to grow 26.8% year-over-year to $9.33 in fiscal 2026. Shares of Citigroup have increased 37.8% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 12.1% rise and the Financial Select Sector SPDR Fund's (XLF) 26.3% return over the same period. Shares of Citigroup rose 1.8% on Apr. 15 after the bank reported better-than-expected Q1 2025 results. Total revenue increased 3% year-over-year to $21.6 billion, and EPS came in at $1.96, beating Wall Street's estimates. Net income rose to $4.1 billion, driven by lower expenses and higher revenues. Strong performance across all five business segments, particularly 12% growth in both Markets and Banking revenues and a 24% jump in Wealth revenues, boosted investor confidence. Analysts' consensus view on Citigroup's stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 22 analysts covering the stock, 11 recommend "Strong Buy," four "Moderate Buys," and seven suggest "Hold." This configuration is slightly less bullish than three months ago, with 12 analysts suggesting a "Strong Buy." As of writing, C is trading below the average analyst price target of $85.91. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Newsweek
24-06-2025
- Science
- Newsweek
Mysterious Space Signal Traced to Long-Dead NASA Satellite
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A brief but extremely powerful radio signal thought to have coming from deep space has now been traced to a dead NASA satellite in Earth orbit. Relay 2 was one of a pair of experimental communications satellites, the first launched in 1962 and the second in 1964. The signal from the decommissioned satellite was picked up in June last year—and it lasted less than 30 nanoseconds. Despite the fleeting nature of the burst, the Australian Square Kilometre Array Pathfinder (ASKAP) radio telescope. managed to trace it back to its origin. Radio signals from space are not an uncommon occurrence; in fact, telescopes pick up signals all the time coming from pulsars, black holes, massive galaxies, stars and various other cosmic phenomena. But far from being from a distant cosmic source, researchers determined that the fast radio burst (FRB) actually came from the 60's satellite in Earth orbit. Relay 2 satellite pictured by NASA. Relay 2 satellite pictured by NASA. NASA Relay 2 operated for just over a year and a half, at which point the only facility equipped to communicate with it—the Mojave Desert Ground Station—was retasked to a different satellite program. The transponders onboard Relay 2 stopped responding to radio signals in June 1967, after which point the satellite went silent—until last June. According to the researchers, Relay 2 did not miraculously come back online to send a signal to Earth. Instead, they believe that either an electrostatic discharge (ESD) or a plasma discharge following a micrometeoroid impact could have set off the burst. "Our observation opens new possibilities for the remote sensing of ESD, which poses a serious threat to spacecraft, and reveals a new source of false events for observations of astrophysical transients", the researchers say. With limited fuel capacity and subject to wear and tear caused by outer space, satellites don't last forever. But what happens to them after they stop working? The National Environmental Satellite, Data, and Information Service, says that satellites orbiting closer to Earth are typically de‑orbited to burn up in Earth's atmosphere within 25 years, as per the "25‑year rule." However, this is only allowed when operators can show that the probability of injury or property damage is less than 1 in 10,000. When this is not the case, a controlled de-orbit directs the satellite into a remote ocean area, known as the "Spacecraft Cemetery". Satellites that lack sufficient fuel for re‑entry are sent into a graveyard orbit, where their instruments and subsystems are shut down, the remaining fuel is depleted and they are left to orbit indefinitely. Do you have a science story to share with Newsweek? Do you have a question about space? Let us know via science@ James, C. W., Deller, A. T., Dial, T., Glowacki, M., Tingay, S. J., Bannister, K. W., Bera, A., Bhat, N. D. R., Ekers, R. D., Gupta, V., Jaini, A., Morgan, J., Jahns-Schindler, J. N., Shannon, R. M., Sukhov, M., Tuthill, J., & Wang, Z. (2025). A nanosecond-duration radio pulse originating from the defunct Relay 2 satellite.
The Star
22-06-2025
- Entertainment
- The Star
Rising star singer Camila Cabello's Aug 12 concert in Singapore cancelled
Camila Cabello's concert in Singapore has been cancelled due to an unexpected scheduling conflict. -- PHOTO: CAMILA_CABELLO/INSTAGRAM via The Straits Times/ANN SINGAPORE (The Straits Times/ANN): Bad news for American pop star Camila Cabello's fans in Singapore and also its close neighbours. The 28-year-old singer will not be performing at The Star Theatre on Aug 12 as part of her Yours, C tour. The show has been cancelled due to an unexpected scheduling conflict, according to a message on the website of 'Fans who have purchased tickets will receive a full refund from Ticketmaster through the original payment method,' the ticketing platform said. 'It could take up to 40 business days for refunds to be processed.' The concert would have been Cabello's first in Singapore. She is due to perform in Kaohsiung, Taiwan, on Aug 14, as part of the Yours, C tour. She will also perform in Osaka, Tokyo, Jakarta and Bangkok in August as part of the line-ups of several music festivals. She is currently scheduled to perform in Le Barcares, France, on June 28 as part of Les Deferlantes Sud de France, as well as perform in Paris on June 30 as part of the Yours, C tour. Cabello has also cancelled some of her performances in June – in Marbella, Spain, as part of the Starlite Occident Festival; and in Madrid and Barcelona, also in Spain, as part of Alma Occident Festival. She has enjoyed a successful solo career after leaving American girl group Fifth Harmony in 2016. Her hits include Havana (2017), featuring American rapper Young Thug, and Senorita (2019), her duet with former boyfriend, Canadian singer Shawn Mendes. Cabello's latest album C, XOXO was released in June 2024. - The Straits Times/ANN
Straits Times
22-06-2025
- Entertainment
- Straits Times
Singer Camila Cabello's Aug 12 concert in Singapore cancelled
Camila Cabello's concert in Singapore concert has been cancelled due to an unexpected scheduling conflict. PHOTO: CAMILA_CABELLO/INSTAGRAM SINGAPORE - Bad news for American pop star Camila Cabello's fans in Singapore. The 28-year-old singer will not be performing at The Star Theatre on Aug 12 as part of her Yours, C tour. The show has been cancelled due to an unexpected scheduling conflict, according to a message on the website of 'Fans who have purchased tickets will receive a full refund from Ticketmaster through the original payment method,' the ticketing platform said. 'It could take up to 40 business days for refunds to be processed.' The concert would have been Cabello's first in Singapore. She is due to perform in Kaohsiung, Taiwan, on Aug 14, as part of the Yours, C tour . She will also perform in Osaka, Tokyo, Jakarta and Bangkok in August as part of the line-ups of several music festivals. She is currently scheduled to perform in Le Barcares, France, on June 28 as part of Les Deferlantes Sud de France, and perform in Paris on June 30 as part of the Yours, C tour. Cabello has also cancelled some of her performances in June - in Marbella, Spain, as part of the Starlite Occident Festival; and in Madrid and Barcelona, also in Spain, as part of Alma Occident Festival. She has enjoyed a successful solo career after leaving American girl group Fifth Harmony in 2016. Her hits include Havana (2017), featuring American rapper Young Thug, and Senorita (2019), her duet with former boyfriend, Canadian singer Shawn Mendes. Cabello's latest album C, XOXO was released in June 2024. Join ST's WhatsApp Channel and get the latest news and must-reads.
Yahoo
21-06-2025
- Sport
- Yahoo
📊 Latest group standings: Flamengo, Bayern, Boca in the Copa
Four more games continued the second round of the first phase of the FIFA Club World Cup, on Friday (20). The matches were valid for groups C and D of the tournament. Benfica did their homework and THRASHED Auckland City, who, with two defeats, is already eliminated. Advertisement Later, Flamengo showed its strength and PUT Chelsea ON THE ROPES to secure early qualification and first place in Group D. The Rubro-Negro achieved the feat thanks to Espérance's victory over Los Angeles, who also ended up eliminated. Finally, in a DUEL OF CONTINENTAL GIANTS, Bayern Munich beat Boca Juniors and also secured qualification. Remember that the first tiebreaker in the FIFA Club World Cup is the DIRECT CONFRONTATION. Then, the goal difference. 📆 Check the schedule for the last round of the group stage (24/06) Group C 16h (Brasília time) - Benfica x Bayern Munich 16h (Brasília time) - Auckland City x Boca Juniors Group D 22h (Brasília time) - Espérance x Chelsea 22h (Brasília time) - Los Angeles FC x Flamengo 📊 See the updated table of the FIFA Club World Cup (groups C and D) This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here. 📸 Megan Briggs - 2025 Getty Images
