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Stock Reports on Notable Large Cap Stocks by EpicStockPicks: Citigroup Inc., PFE, ORCL

Posted by admin 933 days ago (http://emailwire.com)
(EMAILWIRE.COM, November 4, 2010 ) New York, NY-Citigroup Inc. (NYSE:C) added 0.48% to $4.19 after the Bloomberg reported that The U.S. bank that's liquidating assets after its $45 billion bailout may sell about $570 million of investments with buyout firm CVC Capital Partners Ltd.

The intraday range of the stock was $4.15-$4.19. The stock is up more than 26% year-to-date.


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Pfizer Inc. (NYSE:PFE) went up 0.80% to $17.59 on about 50.43 million shares after the company reported its third quarter earnings 2010, with revenues at $16.2 billion, an increase of 39% compared with $11.6 billion in previous year. The net income reported was of $866.0 million; a decrease of 70% compared with $2.9 billion in the previous year and reported diluted EPS of $0.11, a decrease of 74% compared with $0.43 in previous year.

The company is expecting revenues between $65.2 and $67.7 billion and diluted EPS between $1.58 and $1.73 for 2012.

The stock opened at $17.51and has a 52-week range of $14-$20.36. In the past one month of trading sessions, the stock went up more than 2%.

Oracle Corporation (NASDAQ:ORCL) fell 1.13% to $29.20. Yesterday, the company announced that is has agreed to acquire Art Technology Group, Inc., through a cash merger for $6.00 per share, or approximately $1.0 billion. The transaction is expected to close by early 2011.

At today`s closing market price, the market capitalization of the company stands at $146.79 billion.

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732-229-0668
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Source: EmailWire.Com

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