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Citigroup shares gain the most in three weeks on Wednesday, $18.9 billion in capital payouts planned over a period of 12 months

June 29, 2017 8:08 am
According to a statement by Citigroup Inc (C), it intends to re-purchase common stock worth $15.6 billion during the upcoming 12 months. Additionally, the fourth-largest bank in the United States by assets plans to double its quarterly dividend to $0.32 per share, with total payout on capital reaching $18.9 billion. Citigroup shares closed higher for […] Read more

Commodity Market: Pivot Levels for Thursday (June 29th 2017)

June 29, 2017 6:19 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.747 R2 – $16.766 R3 (Range Resistance – Sell) – $16.786 R4 (Long Breakout) – $16.845 R5 (Breakout Target 1) – $16.914 R6 (Breakout Target 2) – $16.943 S1 – $16.707 S2 – $16.688 S3 (Range Support – Buy) – $16.668 S4 (Short Breakout) – […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (June 27th 2017)

June 27, 2017 6:00 am
USD/CHF R1 – 0.9729 R2 – 0.9734 R3 (Range Resistance – Sell) – 0.9739 R4 (Long Breakout) – 0.9753 R5 (Breakout Target 1) – 0.9770 R6 (Breakout Target 2) – 0.9777 S1 – 0.9719 S2 – 0.9714 S3 (Range Support – Buy) – 0.9709 S4 (Short Breakout) – 0.9695 S5 (Breakout Target 1) – 0.9678 […] Read more

General Motors shares gain for a second session in a row on Friday, hundreds of lawsuits related to faulty ignition switch to be settled

June 26, 2017 8:29 am
According to a June 23rd court filing, General Motors Company (GM) has agreed to settle lawsuits by 203 plaintiffs in relation with problematic ignition switches in some of the companys models. Due to such an issue, vehicles engines could stall, while airbags may not be deployed in case of a collision. General Motors shares closed […] Read more