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Track Citigroup in real time with a live news feed covering Citigroup stock news, official press releases, company announcements, and an archive of historical Citigroup news. ...more
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8:46 AM | Tuesday | Jun 2, 2026
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Shares in easyJet PLC (LSE:EZJ) climbed 3.5% after Citi estimated that the airline's aeroplane fleet could be worth double the recent share price. The US investment bank said the company's aircraft assets should help underpin the share price as takeover speculation continues, following the Castlelake announcement that it was exploring a potential bid.
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Shares in easyJet PLC (LSE:EZJ) climbed 3.5% after Citi estimated that the airline's aeroplane fleet could be worth double the recent share price. The US investment bank said the company's aircraft assets should help underpin the share price as takeover speculation continues, following the Castlelake announcement that it was exploring a potential bid.
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Rosebank Industries PLC (AIM:ROSE), the industrial turnaround vehicle run by former Melrose executives, has attracted 'buy' ratings from both Jefferies and Citi as the two banks resume coverage following the completion of its acquisitions of MW Components and CPM, transforming the company from a single-asset story into a group of three US industrial businesses. Jefferies reinstated coverage with a buy rating and 470p target price, implying 35% upside from the current share price of 347p, while Citi resumed with a buy and a 450p target, both banks anchoring their cases on the margin improvement potential across the newly enlarged portfolio.
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The stablecoin debate is no longer primarily about crypto. It is about banking power.
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Diageo PLC (LSE:DGE and British American Tobacco PLC (LSE:BATS) are among Citi's preferred consumer stocks heading into the summer, with the bank also expecting brewers and pub operators to benefit from improving trading conditions and this year's FIFA World Cup, which starts in just over two weeks. In spirits, Citi said Diageo could continue to recover after recently reaffirming its guidance for the 2026 financial year and accelerating strategic changes under chief executive Dave Lewis.
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Tesco PLC (LSE:TSCO) is expected to report slower first-quarter sales growth next month as the supermarket group laps a period of unusually strong weather-driven demand, according to analysts at Citi. The investment bank trimmed its forecast for the FTSE 100 grocer's UK like-for-like sales growth in Q1 of the current financial year to 2.2% from 4%, below market expectations of about 3%.
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Compare how expense ratios, yield, and portfolio concentration set these two banking ETFs apart, revealing key factors for cost-conscious investors.
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Micron could realistically have much more room to run.
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While many investors have focused heavily on the artificial intelligence trade lately, the banking industry has quietly performed well too. One commonly used proxy of the industry's performance is the Invesco KBW Bank ETF NASDAQ: KBWB.
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JPM and other major U.S. banks cleared Fed and FDIC review of 2025 living wills, easing regulatory concerns and boosting confidence.
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Legacy European airlines are trimming their summer schedules more aggressively as elevated fuel prices broaden the scope of network cuts, though Citi said the adjustments remain small enough to support near-term pricing power. The broker said early summer 2026 growth on legacy carrier networks remains minimal, ranging from a 0.1% decline to a 0.7% increase in the second quarter, accelerating to growth of between 1.6% and 4.
7% in the third quarter.
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