#nyse:c

Citigroup (NYSE: C) shares rose pre-market on Friday as the bank’s first quarter 2023 financial report showed a strong operational performance. The Citigroup stock price was nearly 2% up in premarket trading, rising above $48. Citi shares rise after Q1 revenue beat Among the key metrics for the banking giant, first quarter 2023 net income was $4.6 billion, or earnings of $2.19 per share that came…

InvestorPlace: 3 Fintech Stocks to Buy After Monday’s Plunge

After a day of complete debacle on Wall Street where the S&P 500 fell over 3% and Apple (NASDAQ:AAPL) fell over 5%, it’s hard to conceive that anyone would want to look at any stocks from the long side. But this is what we’re doing today because there are quality stocks that got caught up in the headline trading. Specifically, fintech stocks like Visa (NYSE:V) MasterCard (NYSE:MA) and Square(NYSE:

C&J Energy Services, Inc. (NYSE:C) Files An 8-K Entry into a Material Definitive Agreement

C&J Energy Services, Inc. (NYSE:C) Files An 8-K Entry into a Material Definitive Agreement Item1.01 Entry into a Material Definitive Agreement. The description of the Rights Agreement included under Item 3.03 of this Current Report on Form 8-K is incorporated by reference herein. Item3.03 Material Modifications to Rights of Security Holders. On January6, 2017, the Board of Directors (the Board)…

Analyst Activity – Barclays PLC Raises Its Price Target On Citigroup (NYSE:C) to $70.00

Analyst Ratings For Citigroup (NYSE:C) Today, Barclays PLC raised its price target on Citigroup (NYSE:C) to $70.00 per share. There are 2 sell ratings, 8 hold ratings, 15 buy ratings on the stock. The current consensus rating on Citigroup (NYSE:C) is Buy (Score: 2.52) with a consensus target price of $57.60 per share, a potential 4.93% downside. Some recent analyst ratings include…

Analyst Activity – Barclays PLC Raises Its Price Target On Citigroup (NYSE:C) to $70.00

Analyst Ratings For Citigroup (NYSE:C) Today, Barclays PLC raised its price target on Citigroup (NYSE:C) to $70.00 per share. There are 2 sell ratings, 8 hold ratings, 15 buy ratings on the stock. The current consensus rating on Citigroup (NYSE:C) is Buy (Score: 2.52) with a consensus target price of $57.60 per share, a potential 4.93% downside. Some recent analyst ratings include…

AT&T Inc. (NYSE:T) and Citigroup Inc (NYSE:C) have ended a court case presented on grounds of whether the “AT&T Thanks” customer loyalty program impedes on  Citigroup trademark.

Citigroup took the matter to court to argue that the phrase used by AT&T violates the Citigroup trademark “thankyou” phrase. A Manhattan Federal Court filing on Monday stated that the two firms have decided to do away with the case and never to bring it up again. Citigroup filed the lawsuit against AT&T in June claiming that it owned the trademark since 2004. AT&T presented an argument that the US bank did not have monopoly over the word “Thanks” and asked the court to issue an order against the bank.

The decision to end the battle may help in maintaining the relationship between the two companies, which dates back to 1998, when the two have co-branded credit cards that are used by more than 1.7 million customers in the US. Jennifer Bombardier, a spokeswoman for Citigroup stated that the company decided to stop pursuing the lawsuit so that it can focus on a continued partnership with AT&T. The latter did not release any comments on the matter. The case was thrown out roughly 11 days after Citigroup’s request for a preliminary injunction was presented against the telecommunications firm was rejected by U.S. district Judge Katherine Forrest.

The Judge argued that Citigroup failed to show that “AT&T Thanks” would lead to confusion among customers or cause harm despite the similarities between the two slogans. The district judge’s decision also supported AT&T’s claim that Citigroup should not have monopoly over the word “thanks.” AT&T has also dropped its claims against the US bank.

The case is one of the many examples of firms looking to cash in on corporate lawsuits on very minor matters without considering the bigger picture such as their future partnerships and achievements. In this case, AT&T’s relationship with the bank will most likely not be as strong but only time will determine which course the mobile telecommunications firm will take.