Tuesday, May 10, 2011

Even More Analyst Commentary on Citigroup's Reverse Split (C; XLF)Citigroup

From MarketBeat who appear to enjoy the CitiBeat:
More on that reverse split for Citigroup that went into effect Monday, from a couple analysts.
Jason Goldberg, Barclays Capital: Following the reverse stock split, C stated its intention to reinstate a quarterly dividend of $0.01 in 2Q11. While a nominal amount, we view it as positive symbolic gesture. We expect it to be more active in returning capital to shareholders starting next year....MORE
May 9 
More Analyst Commentary on Citigroup's Reverse Stock Split (C)
May 6 
UPDATED: Ahead of Today's Stock Split: Citigroup Gets an Upgrade From Morgan Stanley, Dick Bove Says it Could Triple (C)

Mar. 21 
Dick Bove on Citigroup's Revese Split: "...Poorly Thought Out..." (C)