Citigroup Inc. (NYSE:C) [Trend Analysis] plunged reacts as active mover, shares a decrease -0.42% to traded at $47.03 and the percentage gap among open changing to regular change was -0.44%. Citi, acting through Citibank N.A., has been designated by Solvay SA (“Solvay”), a leading international chemical and advanced materials firm, as depositary bank for its Level 1 American Depositary Receipt (ADR) programme, which trades on the US over-the-counter (OTC) marketplace under the symbol “SOLVY”. Each ADR represents 1/10 of an ordinary share.
Solvay’s ordinary shares are listed and trade on Euronext Brussels and Paris under the symbol “SOLB”. Maria Alcon-Hidalgo, Head of Corporate Treasury & Insurance, commented, “Solvay’s recent acquisition of US-based Cytec has established the Group as the world’s second largest player in aerospace composite materials, boosting our customized solution offerings in lightweighting and supporting our ambition to lead in sustainable chemistry. Additionalmore, Cytec has strengthened Solvay’s presence in the US and we look forward to leverage Citi’s large network to enhance our visibility and access to investors in the region.” The firm past twelve months price to sales ratio was 2.38 and price to cash ratio remained 0.21. As far as the returns are concern, the return on equity was recorded as 6.70% and return on investment was 8.30% while its return on asset stayed at 0.80%. The firm has total debt to equity ratio measured as 0.88.
Crane Co. (NYSE:CR) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.81% to close at $62.50 with the total traded volume of 176100 shares. Salesforce.com Inc.’s yearly Dreamforce consumer conference, set to blanket downtown San Francisco next week, will be an unusual blend of business, technology, entertainment, philanthropy and personal empowerment.
The conference, which is the world’s largest tech get-together sponsored by a single firm, will be an expression of the business-software provider’s socially conscious corporate culture and the idiosyncratic character… The firm has institutional ownership of 69.70%, while insider ownership included 0.90%. Its price to sales ratio ended at 1.33. CR attains analyst recommendation of 1.90 with week performance of 1.26%.