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Schlumberger’s stock gains as profit tops expectations, to offset a revenue miss18/10/2024
Procter & Gamble’s stock gains as profit beat, steady outlook offset a sales miss18/10/2024
CVS Health’s stock tumbles 10.5% after company again lowers guidance and names new CEO18/10/2024
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Verisk estimates insured losses to onshore property from Hurricane Milton will range from $30 billion to $50 billion16/10/2024
Ingram Micro sets IPO terms, which could value the IT company at $5.4 billion15/10/2024
Albertsons’ stock climbs on Q2 earnings and revenue beat15/10/2024

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Citi’s Big Turnaround Hinges on This Lagging Business

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Citi’s Big Turnaround Hinges on This Lagging Business

February 4, 2024

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The collapse of the wealth-management business is one reason why Citi’s stock is stuck in a deep slump and CEO Jane Fraser is under pressure to boost profits.

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