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NEW YORK, Nov. 14, 2017 /PRNewswire/ —
If you want a Stock Review on C, CMA, FRC, or MTU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Ahead of today’s trading session, DailyStockTracker.com shifts focus on four equities to see how they have fared at the close of the last trading session: Citigroup Inc. (NYSE: C), Comerica Inc. (NYSE: CMA), First Republic Bank (NYSE: FRC), and Mitsubishi UFJ Financial Group Inc. (NYSE: MTU). Companies in the Money Center Banks industry raise most of their funds from the domestic and international money markets, relying less on depositors for funds. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member’s area at: http://dailystocktracker.com/register/
On Monday, shares in New York-based Citigroup Inc. saw a slight decline of 0.36%, ending the day at $71.99. The stock recorded a trading volume of 13.49 million shares. The Company’s shares have advanced 5.91% over the previous three months and 21.13% since the start of this year. The stock is trading above its 200-day moving average by 10.87%. Moreover, shares of Citigroup, which provides various financial products and services for consumers, corporations, governments, and institutions worldwide, have a Relative Strength Index (RSI) of 43.58.
On October 16th, 2017, research firm Societe Generale downgraded the Company’s stock rating from ‘Hold’ to ‘Sell’.
On November 06th, 2017, Citigroup announced that Naveed Sultan, Global Head of Treasury and Trade Solutions, will present at the 2017 Bank of America Merrill Lynch Future of Financials Conference on November 14th, 2017. The presentation is expected to begin at approximately 10:45 a.m. ET. A live webcast will be available on the Company’s investor website. C complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=C
Shares in Dallas, Texas headquartered Comerica Inc. ended the day 2.68% higher at $76.94. A total volume of 2.19 million shares was traded, which was above their three months average volume of 1.58 million shares. In the last month and the previous three months, the stock has gained 1.84% and 6.95%, respectively. Additionally, the Company’s shares have advanced 12.96% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.10% and 7.24%, respectively. Furthermore, shares of Comerica, which through its subsidiaries, provides various financial products and services, have an RSI of 52.02.
On October 18th, 2017, research firm FBR & Co. reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $79 a share to $84 a share.
On November 08th, 2017, Comerica announced that Executive Vice President and Chief Accounting Officer Muneera S. Carr will be named chief financial officer, effective January 23rd, 2018. Ms. Carr will succeed David E. Duprey, Executive Vice President and CFO, who plans to retire on February 28th, 2018, after a 35-year tenure in the Financial Services industry. From January 23rd, 2018 to February 28th, 2018, Mr. Duprey will remain an Executive Vice President at the Company. The complimentary report on CMA can be downloaded at: http://dailystocktracker.com/registration/?symbol=CMA
First Republic Bank
At the close of trading on Monday, shares in California headquartered First Republic Bank finished 1.52% higher at $91.59. A total volume of 1.27 million shares was traded, which was above their three months average volume of 965,300 shares. The stock is trading below its 200-day moving average by 5.26%. Additionally, shares of the Company have an RSI of 33.86.
On November 06th, 2017, First Republic Bank announced that senior wealth managers Jeff Sherman, Art Karabelas, and Okita Sevi have joined First Republic Private Wealth Management. The advisors were each named Managing Director and Wealth Manager and will work at First Republic Investment Management in Boston. All three will provide portfolio management, retirement planning, and other wealth management services to individuals, families, businesses, nonprofits, and foundations. Sign up for your complimentary research report on FRC at: http://dailystocktracker.com/registration/?symbol=FRC
Mitsubishi UFJ Financial Group
Tokyo, Japan headquartered Mitsubishi UFJ Financial Group Inc.’s shares recorded a trading volume of 903,978 shares at the end of yesterday’s session. The stock closed the day 0.46% lower at $6.51. The Company’s shares have advanced 0.46% in the past month, 3.01% in the previous three months, and 5.68% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.80% and 1.05%, respectively. Additionally, shares of the Company have an RSI of 44.44.
On November 10th, 2017, MUFG Union Bank, N.A., a member of Mitsubishi UFJ Financial Group, announced its partnership with The Student Conservation Association to officially launch “MUFG Gives Back” volunteer month. On Saturday, November 04th, 2017, the duo kicked off the month by helping conserve public lands in Seattle and New York City. There are five additional events planned across the US. Get free access to your research report on MTU at: http://dailystocktracker.com/registration/?symbol=MTU
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