Citigroup Inc. (NYSE:C) has hired Brian McCullough as Asia-Pacific financial institutions group head. Citigroup Inc. (NYSE:C) Hires New Head The company said in an official statement made yesterday that it has hired Brian McCullough as the Managing Director at its Asia-Pacific financial institutions group. The recruitment has been considered as part of improving the capital structure after the global regulatory changes. McCullough, the newly hired Managing Director, will be reporting to Simon Yoo and Jing Zhao, co-heads of Citigroup Inc. (NYSE:C)'s Asia Pacific financial institutions group. Citigroup Inc. (NYSE:C) shares were at 4.45 at the end of the last day’s trading. There’s been a -4.4% movement in the stock price over the past 3 months. Citigroup Inc. (NYSE:C) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.15 Zack’s Rank: 1 out of 15 in the industry
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Saturday, March 19, 2011
Citigroup Inc. (NYSE:C) Hires New Head
9 Stocks Increasing Dividends Last Week
Stock dividend information this week was led by networking products giant Cisco Systems, Inc. (NASDAQ: CSCO) . The belle of the ball during the 1990s dot-com boom, Cisco stock went from 9 cents a share to over $77 a share (nearly 86,000%!) — but CSCO didn't budge when it came to paying a dividend. Now more than a decade since the dot-com bust, and with the shares trading at a 52-week low, the "Cisco Kid" has finally decided to spread the wealth. This dividend payout is way overdue for Cisco , but as the old adage goes — better late than never. Of course, Cisco wasn't the only company making payout headlines. Here are the details on CSCO and eight other stocks increasing dividends last week. First, the specifics on Cisco (NASDAQ: CSCO ). Last week the company announced its first-ever payout, declaring a quarterly cash dividend of 6 cents per share. The dividend will be payable on April 20 to shareholders of record as of March 31. Based on recent pricing around $17, Cisco's dividend payout represents an annual yield of 1.4%. Cisco CEO Frank Calderoni commented on the move saying, "As the role of the network expands across the IT sector, Cisco's leadership position in the markets we serve is strong, and the time is right for Cisco stock to pay our first-ever cash dividend. This dividend complements our leading position, and is an important part of our commitment to bring value to shareholders." Related Article: 3 Pros & 3 Cons of Cisco Stock Hewlett-Packard Co. (NYSE: HPQ ) is another tech stock making dividend ways. HP's announcement that it will raise its dividend for the first time in over a decade. The new payout is a whopping 50% increase in the amount of its regular quarterly dividend to 12 cents per share. The increase in the amount of the dividend will be effective when the HP board of directors declares its next dividend, which is expected in May. The company's previously announced dividend, payable on April 6 for stockholders of record on March 16, will not be increased and will remain at 8 cents per share. HP made the announcement as part of its "strategy day" meeting between CEO Leo Apotheker and Wall Street analysts. HP intends to go to the "public cloud," by selling services over the Internet that allow people to rent space on servers and to run websites. Air Products & Chemicals (NYSE: APD ) also increased its dividend. Air Productsis a leader in the industrial gas industry, and its products are used in a variety of applications including medical devices. Last month, APD scrapped plans to buy rival Airgas Inc. (NYSE: ARG ), so instead it has used its cash to increase dividends and repurchase shares. The new quarterly dividend of 58 cents represents an 18% increase over the current payout. The dividend will be paid on May 9 to shareholders of record on April 1. APD has repurchased about $350 million worth of shares so far this year. Ashland, Inc. (NYSE: ASH ) increased its dividend too. The specialty chemicals company announced that it would increase its annual dividend to 70 cents per share from its current annual rate of 60 cents per share beginning with the June 15 dividend payout. The company also said its board approved a $400 million stock repurchase program.
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Spot gold and Spot Silver Prices;Gold Coins and Contract Gold, Silver Review; Precious Metal Investing News March 19th, 2011
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The dollar fell versus the euro during yesterday’s trading session and precious metal gold and silver prices moved higher. It was an up and down week in the market with index composites and precious metal rates drifting on either side of break even but ultimately closing the last session of the week in the green. Gold futures for April delivery rose higher yesterday by $11.90 or .8 percent to finished the day at 1416.10 per ounce. After hours trending revealed the spot gold and spot silver prices were moving in a positive direction. Gold and silver prices continue to trend in a positive direction this morning. Spot silver per kilo is moving higher by 32.05 at 1133.54 and spot silver per ounce is higher by 1.00 at 35.26. Spot gold per gram is higher by .45 at 45.59 and spot gold per kilo is higher by 451.40 at 45591.04. The average price range of the American Gold Eagle Bullion Coins is posting between 1460.58 through 1532.84. The Canadian Gold Maple is posting an average range of 1463.30 through 1532.84. Safe haven assets are likely to move in a positive direction over the weekend and into the beginning of the upcoming trading week. Political unrest and violence in Libya will push anxieties higher and investors will gravitate more towards the safe haven appeal of precious metals. Author: Camillo Zucari
Top 10 U.S.-Listed Chinese Stocks of the Week: CAEID, DQ, APWR, MY, FTLK, LFT, YGE, TSL, WH, GRRF (Mar 19, 2011)
week. China Architectural Engineering, Inc. (NASDAQ:CAEID) is the 1st
best-performing stock last week in this segment of the market. It was up 14.74%
for the past week. Its price percentage change was -32.71% year-to-date. Daqo
New Energy Corp. (NYSE:DQ) is the 2nd best-performing stock last week in this
segment of the market. It was up 13.06% for the past week. Its price percentage
change was 26.97% year-to-date. A-Power Energy Generation Systems, Ltd.
(NASDAQ:APWR) is the 3rd best-performing stock last week in this segment of the
market. It was up 12.55% for the past week. Its price percentage change was
-3.11% year-to-date. China Ming Yang Wind Power Group Ltd (NYSE:MY) is the 4th
best-performing stock last week in this segment of the market. It was up 11.83%
for the past week. Its price percentage change was -9.57% year-to-date. Funtalk
China Holdings Ltd. (NASDAQ:FTLK) is the 5th best-performing stock last week in
this segment of the market. It was up 11.48% for the past week. Its price
percentage change was 1.06% year-to-date. Longtop Financial Technologies Ltd
(ADR) (NYSE:LFT) is the 6th best-performing stock last week in this segment of
the market. It was up 9.95% for the past week. Its price percentage change was
-7.79% year-to-date. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the
7th best-performing stock last week in this segment of the market. It was up
9.81% for the past week. Its price percentage change was 16.70% year-to-date.
Trina Solar Limited (ADR) (NYSE:TSL) is the 8th best-performing stock last week
in this segment of the market. It was up 9.57% for the past week. Its price
percentage change was 13.36% year-to-date. WSP Holdings Limited (NYSE:WH) is the
9th best-performing stock last week in this segment of the market. It was up
8.59% for the past week. Its price percentage change was 3.73% year-to-date.
China GrenTech Corporation Limited (ADR) (NASDAQ:GRRF) is the 10th
best-performing stock last week in this segment of the market. It was up 8.54%
for the past week. Its price percentage change was 7.86% year-to-date.
9 Stocks Increasing Dividends Last Week
Systems, Inc. (NASDAQ: CSCO) . The belle of the ball during the 1990s dot-com
boom, Cisco stock went from 9 cents a share to over $77 a share (nearly
86,000%!) but CSCO didn't budge when it came to paying a dividend. Now more
than a decade since the dot-com bust, and with the shares trading at a 52-week
low, the "Cisco Kid" has finally decided to spread the wealth. This dividend
payout is way overdue for Cisco , but as the old adage goes better late than
never. Of course, Cisco wasn't the only company making payout headlines. Here
are the details on CSCO and eight other stocks increasing dividends last week.
First, the specifics on Cisco (NASDAQ: CSCO ). Last week the company announced
its first-ever payout, declaring a quarterly cash dividend of 6 cents per share.
The dividend will be payable on April 20 to shareholders of record as of March
31. Based on recent pricing around $17, Cisco's dividend payout represents an
annual yield of 1.4%. Cisco CEO Frank Calderoni commented on the move saying,
"As the role of the network expands across the IT sector, Cisco's leadership
position in the markets we serve is strong, and the time is right for Cisco
stock to pay our first-ever cash dividend. This dividend complements our leading
position, and is an important part of our commitment to bring value to
shareholders." Related Article: 3 Pros & 3 Cons of Cisco Stock Hewlett-Packard
Co. (NYSE: HPQ ) is another tech stock making dividend ways. HP's announcement
that it will raise its dividend for the first time in over a decade. The new
payout is a whopping 50% increase in the amount of its regular quarterly
dividend to 12 cents per share. The increase in the amount of the dividend will
be effective when the HP board of directors declares its next dividend, which is
expected in May. The company's previously announced dividend, payable on April
6 for stockholders of record on March 16, will not be increased and will remain
at 8 cents per share. HP made the announcement as part of its "strategy day"
meeting between CEO Leo Apotheker and Wall Street analysts. HP intends to go to
the "public cloud," by selling services over the Internet that allow people
to rent space on servers and to run websites. Air Products & Chemicals (NYSE:
APD ) also increased its dividend. Air Productsis a leader in the industrial gas
industry, and its products are used in a variety of applications including
medical devices. Last month, APD scrapped plans to buy rival Airgas Inc. (NYSE:
ARG ), so instead it has used its cash to increase dividends and repurchase
shares. The new quarterly dividend of 58 cents represents an 18% increase over
the current payout. The dividend will be paid on May 9 to shareholders of record
on April 1. APD has repurchased about $350 million worth of shares so far this
year. Ashland, Inc. (NYSE: ASH ) increased its dividend too. The specialty
chemicals company announced that it would increase its annual dividend to 70
cents per share from its current annual rate of 60 cents per share beginning
with the June 15 dividend payout. The company also said its board approved a
$400 million stock repurchase program.
Top 10 U.S.-Listed Chinese Stocks of the Week: CAEID, DQ, APWR, MY, FTLK, LFT, YGE, TSL, WH, GRRF (Mar 19, 2011)
Below are the top 10 best-performing U.S.-listed Chinese stocks for the past week.
China Architectural Engineering, Inc. (NASDAQ:CAEID) is the 1st best-performing stock last week in this segment of the market. It was up 14.74% for the past week. Its price percentage change was -32.71% year-to-date. Daqo New Energy Corp. (NYSE:DQ) is the 2nd best-performing stock last week in this segment of the market. It was up 13.06% for the past week. Its price percentage change was 26.97% year-to-date. A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR) is the 3rd best-performing stock last week in this segment of the market. It was up 12.55% for the past week. Its price percentage change was -3.11% year-to-date. China Ming Yang Wind Power Group Ltd (NYSE:MY) is the 4th best-performing stock last week in this segment of the market. It was up 11.83% for the past week. Its price percentage change was -9.57% year-to-date. Funtalk China Holdings Ltd. (NASDAQ:FTLK) is the 5th best-performing stock last week in this segment of the market. It was up 11.48% for the past week. Its price percentage change was 1.06% year-to-date.
Longtop Financial Technologies Ltd (ADR) (NYSE:LFT) is the 6th best-performing stock last week in this segment of the market. It was up 9.95% for the past week. Its price percentage change was -7.79% year-to-date. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the 7th best-performing stock last week in this segment of the market. It was up 9.81% for the past week. Its price percentage change was 16.70% year-to-date. Trina Solar Limited (ADR) (NYSE:TSL) is the 8th best-performing stock last week in this segment of the market. It was up 9.57% for the past week. Its price percentage change was 13.36% year-to-date. WSP Holdings Limited (NYSE:WH) is the 9th best-performing stock last week in this segment of the market. It was up 8.59% for the past week. Its price percentage change was 3.73% year-to-date. China GrenTech Corporation Limited (ADR) (NASDAQ:GRRF) is the 10th best-performing stock last week in this segment of the market. It was up 8.54% for the past week. Its price percentage change was 7.86% year-to-date.
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tdp2664
China Analyst
Top 10 U.S.-Listed Chinese Stocks of the Week: CAEID, DQ, APWR, MY, FTLK, LFT, YGE, TSL, WH, GRRF (Mar 19, 2011)
Update On ALZM
Well there you have it, last Friday’s alert on ALZM at $1.06 was about as easy as it gets. Wrapped this one up at $1.28 just before the close and late day run to $1.32. An easy 21% trade from $1.06 – $1.28. I sold because the volume is declining and I always lock in profits when I can, even if that means I leave some on the table which I may have. Thought about letting it ride another day, but hard to argue 21% in a few days time. Picked up two other positions today, watch my video breakdown on CHTL and I’ll detail the other trade tomorrow morning, getting late here in NY. Good night, Jason
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Spot gold and Spot Silver Prices;Gold Coins and Contract Gold, Silver Review; Precious Metal Investing News March 19th, 2011
metal gold and silver prices moved higher. It was an up and down week in the
market with index composites and precious metal rates drifting on either side of
break even but ultimately closing the last session of the week in the green.
Gold futures for April delivery rose higher yesterday by $11.90 or .8 percent to
finished the day at 1416.10 per ounce. After hours trending revealed the spot
gold and spot silver prices were moving in a positive direction. Gold and silver
prices continue to trend in a positive direction this morning. Spot silver per
kilo is moving higher by 32.05 at 1133.54 and spot silver per ounce is higher by
1.00 at 35.26. Spot gold per gram is higher by .45 at 45.59 and spot gold per
kilo is higher by 451.40 at 45591.04. The average price range of the American
Gold Eagle Bullion Coins is posting between 1460.58 through 1532.84. The
Canadian Gold Maple is posting an average range of 1463.30 through 1532.84. Safe
haven assets are likely to move in a positive direction over the weekend and
into the beginning of the upcoming trading week. Political unrest and violence
in Libya will push anxieties higher and investors will gravitate more towards
the safe haven appeal of precious metals. Author: Camillo Zucari
Google Alert - oil prices today
| ||
| Edible oils up on festive demand Business Standard PTI / New Delhi March 19, 2011, 15:14 IST Select edible oil prices rose up to Rs 100 per quintal in the wholesale oils and oilseeds market today on fresh buying by vanaspati mills and retailers for the festival season amid a firming global trend. ... See all stories on this topic » | ||
| Weekly Gold and Silver Report International Business Times April Crude oil futures traded as high as $103.66 per barrel today....Higher Crude prices are considered inflationary... Historically Gold and silver retain value better than most commodities Tuesday's Gold session covered a volatile $48.30 range as ... See all stories on this topic » |
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