Citigroup Inc (NYSE:C) have not been very good. It is one of the banks who are facing problems and probes in its foreign exchange business. The probes are linked with the alleged market manipulation and conspiracy among traders. These probes are coming at a time when Citigroup was rated as the world’s second biggest FX firm by Euromoney magazine’s poll. Citigroup Inc (NYSE:C) shares after opening at $50.53 moved to $50.58 on last trade day and at the end of the day closed at $50.16. Company price to sales ratio in past twelve months was calculated as 2.41. Citigroup Inc (NYSE:C) showed a positive weekly performance of 2.49%.
General Electric Company (NYSE:GE) has filed an IPO to spin off its consumer credit segment. The company has been trying to reduce its reliance of GE Capital for quite some time to focus majorly on manufacturing segment. GE Capital is has been major earner for the group bring almost half the group revenues. The segment ran into the trouble during recession as it was highly dependent on consumer loans and risky commercial loans. Even today GE Capital accounts to over 30% of group’s revenue; segment reported revenue of $44.1 Billion in year 2013 while revenue for year 2012 was $45.3 Billion and $48.3 Billion for 2011. The company has also renamed the business which handles the credit cards for stores like Wal-Mart Stores, Inc.(NYSE:WMT) to “Synchrony Financial” in a filing with Securities and Exchange Commission, SEC. General Electric Company (NYSE:GE) shares fell -0.31% in last trading session and ended the day on $25.62. General Electric Company (NYSE:GE) return on equity ratio is recorded as 10.40% and its return on assets is 2.00% General Electric Company (NYSE:GE) yearly performance is 14.48%.
AT&T Inc. (NYSE:T) is delivers quality services in wireless segment and becomes the most reliable 4g LTE network in the U.S. Recently, the Company is the first carrier to deliver Samsung’s Galaxy family of devices to consumers in the U.S. AT&T Inc. (NYSE:T) shares moved down -0.32% in last trading session and was closed at $34.61, while trading in range of $ 34.61 – 35.03. AT&T Inc. (NYSE:T) year to date (YTD) performance is -1.56%.
EMC Corporation (NYSE:EMC) has maintained its market leading position in the data storage systems arena over the last decade. In recent years, the company has cemented its top spot with a growing share in the external disk storage market. According to IDC estimates, EMC’s market share in the storage hardware segment is over 30%, which is about two-and-a-half times that of its nearest competitor, NetApp (NTAP), at 13%. The global storage hardware market (external storage as well as the overall market) witnessed a slight decline in sales during 2013, attributable to the fast growing adoption of software-defined storage, which reduced dependence on pure hardware. With the increasing popularity of cloud-based storage solutions and Software-Defined Data Centers (SDDC), storage companies need to shift their focus toward developing suitable hardware that can be integrated with software-based solutions. EMC Corporation (NYSE:EMC) weekly performance is -0.91%. On last trading day company shares ended up $27.33. EMC (EMC:NYSE) distance from 50-day simple moving average (SMA50) is 5.15%. Analysts mean target price for the company is $29.31.
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