Page 14 - Eric Compton News Today

Citigroup Inc beat estimates for third-quarter profit on Friday as its lending business benefited from a series of interest rate hikes by the Federal Reserve and offset weakness in other divisions

Morningstar has put together a list of the Top 10 dividend stocks that are widely held by its ultimate stock-pickers.

How do banks balance dividends, internal investment, and buybacks?

U.S. bank Citigroup said it will close its consumer and commercial banking businesses in Russia beginning this quarter

Get stock, fund, and ETF picks, plus personal finance advice, investing tips, and exclusive fund manager interviews. -- Chicago-based Morningstar, Inc. is a world-leading provider of independent investment research.

Citigroup, Stellantis, and GSK are among those left undervalued even after earnings rallies on solid results.

Executives say the economy is in good shape despite rising fears about recession.

Investors are saying goodbye to the U.S. stock market after suffering its worst first-half performance in 50 years, driven by inflation and recession fears.

Second-quarter bank earnings reports likely won’t be so hot, but then the outlook improves, Wells Fargo analysts said.

Conventional wisdom holds that bank stocks and exchange traded funds are positively correlated to rising interest rates.