Citigroup Inc. (NYSE:C) is warning investors it may miss a key profitability target after the Federal Reserve rejected the bank’s capital plan last month, people familiar with the matter say. Citigroup Inc (NYSE:C) stock performance was -1.19% in last session and finished the day at $46.55. Traded volume was 30.15million shares in the last session and the average volume of the stock remained 30.34million shares. The beta of the stock remained 2.00. Citigroup Inc (NYSE:C) insider ownership is 0.10%.
Morgan Stanley (NYSE:MS) is acting as the bookrunning manager for the offering and Global Hunter Securities, LLC is acting as co-manager of the offering. The Company also intends to grant the underwriters a 30-day option to purchase additional common shares representing up to 15% of the offered shares. Morgan Stanley (NYSE:MS) dropped -2.80 percent to $29.52 Monday on volume of 20.37million shares. The intra-day range of the stock was $29.09 to $30.38. Morgan Stanley (NYSE:MS) has a market capitalization of $58.23billion.
Analysts at Wells Fargo & Co. (NYSE:WFC) reiterated a “top pick” rating on shares of Illumina in a research note on Monday. Wells Fargo & Co (NYSE:WFC)’s stock on Apr 07, 2014 reported a decrease of -1.82% to the closing price of $48.66. Its fifty two weeks range is $36.19 -$50.49. The total market capitalization recorded $256.04billion. The overall volume in the last trading session was 19.65million shares. In its share capital, WFC has 5.25billion outstanding shares.
Analysts at JPMorgan Chase & Co. (NYSE:JPM) downgraded shares of New York Community Bancorp from a “neutral” rating to an “underweight” rating in a research note on Monday. On Monday, shares of JPMorgan Chase & Co. (NYSE:JPM) dropped -1.35% to close the day at $59.00. Company return on investment (ROI) is 6.80% and its monthly performance is recorded as -0.05%. JPMorgan Chase & Co. (NYSE:JPM) quarterly revenue growth is 0.63%.