cb

Citi Beats on Third-Quarter Financial Results

Citi Beats on Third-Quarter Financial Results

On Thursday, Citigroup Inc (NYSE: C) announced its financial results for the third quarter of 2017. Both earnings and revenue beat previous estimates.According to the company, revenue increased 2% from $17.8 billion for the same period last year to ..

American International Group Expects Losses After Natural Disasters

American International Group Expects Losses After Natural Disasters

According to Reuters, American International Group Inc. (NYSE: AIG) announced that it expects to book pre-tax losses of about $3 billion in the third quarter related to natural disasters, hurricanes Harvey, Maria and Irma. American International Gro..

VIX Hits Record Lows

VIX Hits Record Lows

The stock markets are extremely choppy at present. The VIX or the CBOE Volatility Index dipped to scrape 8.84 on July 26. The number is its lowest point in the stock market's history. The VIX, which is utilized to measure concern in Standard &am..