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Citigroup beats Q2 estimates, raises dividend by 100%

Investment banking and financial services corporation Citigroup Inc (NYSE: C) reported its fiscal 2017 second-quarter results that surpassed analysts’ expectations. However, the investors have not rewarded the stock so far. The 3% y-o-y decline in the net income is one

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Underweight rating and EU investigation turn GE bearish

In the last week of April, diversified industrial giant General Electric (NYSE: GE) reported a swing to profit on a non-GAAP basis in the first-quarter of 2017, compared to a non-GAAP net loss in the similar period last year. However,

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Cisco turns bearish on issuing poor FY17 outlook

On the basis of a decline in public sector business and headwinds faced by the company, we had forecasted a decline in the share price of Cisco. We took an interest to take a short position in Cisco Systems Inc.

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