Citigroup Inc (NYSE:C) won a major relief on 4th June when a Federal appeals court ruled that the trail judge had overstepped his conferred authority, when in 2011, he had summarily rejected a $285 million settlement deal which had been arrived at between the Securities and Exchange Commission and the lawyers of Citigroup Inc (NYSE:C) with respect to allegations of promoting toxic mortgage deals at the expense of investor interest. Citigroup Inc (NYSE:C) net profit margin is 26.80% and weekly performance is 2.86%. On last trading day company shares ended up $48.93. Analysts mean target price for the company is $58.31. Citigroup Inc (NYSE:C) distance from 50-day simple moving average (SMA50) is 3.11%.
Itau Unibanco Holding SA (ADR) (NYSE:ITUB) was gaining 4.7% to $14.48 Friday as speculation Brazilian President Dilma Rousseff facing a runoff election after the October election rises. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) shares advanced 4.14% in last trading session and ended the day on $14.40. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) quarterly performance is 6.51%.
On May 14, Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) one of the leading financial groups in the Mexican financial system, posted that financial results for the three-month period ending March 31, 2014. Reported net income for the quarter was Ps.3, 259 million, representing YoY and QoQ decreases of 30.9% and 46.9%, respectively. Comparable net income in 1Q14 decreased 27.0% YoY and increased 8.9% sequentially. Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) was closed at $13.30, while trading in range of $13.20 – $13.46. Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) year to date (YTD) performance is -2.49%.
Bancolombia SA (ADR) (NYSE:CIB) declared a special dividend on Friday, June 6th, AnalystRatingsNetwork reports. Shareholders of record on Thursday, June 26th will be given a dividend of 0.4078 per share on Friday, July 11th. The ex-dividend date of this dividend is Tuesday, June 24th. Bancolombia SA (ADR) (NYSE:CIB) ended the last trading day at $57.63. Company weekly volatility is calculated as 2.12% and price to cash ratio as 1.29. Bancolombia SA (ADR) (NYSE:CIB) showed a positive weekly performance of 3.41%.
UBS AG (NYSE:UBS) and Goldman Sachs Group Inc. both say that Brazil will probably win its sixth World Cup title next month. They have opposing calls on the market’s reaction. While Goldman cites historical data for past winners to predict a victory for the national team will spark a rally for Brazilian stocks, UBS said in a report that local politics mean a defeat could spur gains by further eroding the popularity of President Dilma Rousseff’s government. UBS AG (NYSE:UBS) net profit margin is 25.20% and weekly performance is 0.75%. On last trading day company shares ended up $20.28. Analysts mean target price for the company is $21.39. UBS AG (NYSE:UBS) distance from 50-day simple moving average (SMA50) is -0.53%.
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