· Citigroup beat analysts’ expectations for profit and revenue on gains from the initial public offering of electronic bond trading platform Tradeweb.. The bank posted profit of $4.79 billion, or $1.95 per share, compared with the $1.80 estimate of analysts surveyed by Refinitiv. Revenue climbed 2% to $18.76 billion, exceeding the $18.5 billion estimate.
february home sales Rebound: 4 Stock to Buy Despite Fed Hike. Sales increased 1.1% from the year-ago level. This surge in existing-home sales (accounting for 90% of the market) after declining sales in the last two months indicates that competition will heat up during the traditional spring home-buying season.
Macy’s said earnings for the three months ending in March came in at 44 cents per share, down 8.3% from the same period last year but 11 cents ahead of the Street consensus forecast.
SIGTARP proves that some bankers aren’t too big to jail Special Offers on Disney Cruise Line Sailings as of 11/20/2017 The Disney cruise line blog The final set of special offers this week is Disney Cruise Line’s IGT/VGT promotion, available to everyone, for up to 20% off the prevailing rate for select Alaskan and up to 25% on select Bahamian, Baltic, Northern European, British Isles and Western Caribbean Cruises sailings.SIGTARP has already been involved in a number of significant financial institution investigations and appears poised to increase the scope of its activity. Contrary to popular belief, the agency’s mandate is not confined to those crimes which relate directly to the request for or use of Tarp funds.
· WASHINGTON (Reuters) – U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy was slowing down.
· After Tim Cook assured analysts in October that Apple was on track to beat that 74.5 million record, investor anxiety shifted to the March quarter, where last year’s post-Christmas sale of 61.2.
The company will next report results on May 16 before the bell. Analysts are looking for earnings of $1.02 per share on revenues of $124.4 billion. When the company last reported on February 19, earnings of $1.41 perby eight cents on a 1.9% rise in revenues.
The median sales price of new houses sold in November 2006 was $251,700, up from $243,800 in October; but the average sales price was down from $304,900 one month ago, reaching to $294,900, just.
Orders poured into American factories in March, putting manufacturing. after reporting a first-quarter profit that topped analysts’ estimates, as turbocharger sales benefited from a European auto.
Total existing-home sales in the U.S., which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1 percent to a seasonally adjusted annual rate of 5.33 million in March from a downwardly revised 5.07 million in February.
Home New Home Sales Beat Analyst Estimates;. according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.8 percent.