Beacon Equity issues Trading Overview for Citigroup Inc.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, October 16, 2009 ) DALLAS, Texas - BeaconEquity.com announces an investment report featuring financial company Citigroup Inc. (NYSE: C).
The investment report on Citigroup Inc. (NYSE: C) should be of particular interest to other financial companies: Bank of America Corp. (NYSE: BAC), Wells Fargo & Company (NYSE: WFC) and JPMorgan Chase & Company (NYSE: JPM).
It is available at: http://www.beaconequity.com/i/C
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Citigroup Inc. (C) is a financial services company, providing financial products and services to consumers, businesses and governments in approximately 140 countries. The Company's financial services include consumer, corporate and investment banking, as well as securities brokerage and asset management.
In the report, the analyst notes:
“On October 9, the Company signed an agreement to sell Phibro LLC to Occidental Petroleum Corp. for approximately $250 million. Primarily, Phibro's assets include cash, marketable securities and liquid commodities positions.
“Phibro's mean pre-tax earnings between 1997 and 2003 totaled approximately $200 million annually, while earnings between years 2004 and 2008 reached an average of $370 million per annum. Since 1997, Phibro's reported profitable earnings in four out of five quarters. … The deal is expected to be completed by the end of 2009 and become part of Occidental Petroleum's mainstream business of liquid natural gas production, power, pipeline and other businesses.”
To read the entire report visit: http://www.beaconequity.com/i/C
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
The investment report on Citigroup Inc. (NYSE: C) should be of particular interest to other financial companies: Bank of America Corp. (NYSE: BAC), Wells Fargo & Company (NYSE: WFC) and JPMorgan Chase & Company (NYSE: JPM).
It is available at: http://www.beaconequity.com/i/C
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Citigroup Inc. (C) is a financial services company, providing financial products and services to consumers, businesses and governments in approximately 140 countries. The Company's financial services include consumer, corporate and investment banking, as well as securities brokerage and asset management.
In the report, the analyst notes:
“On October 9, the Company signed an agreement to sell Phibro LLC to Occidental Petroleum Corp. for approximately $250 million. Primarily, Phibro's assets include cash, marketable securities and liquid commodities positions.
“Phibro's mean pre-tax earnings between 1997 and 2003 totaled approximately $200 million annually, while earnings between years 2004 and 2008 reached an average of $370 million per annum. Since 1997, Phibro's reported profitable earnings in four out of five quarters. … The deal is expected to be completed by the end of 2009 and become part of Occidental Petroleum's mainstream business of liquid natural gas production, power, pipeline and other businesses.”
To read the entire report visit: http://www.beaconequity.com/i/C
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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