Several matter pinch shares of Citigroup Inc. (NYSE:C) [Trend Analysis], as shares moving up 1.50% to $55.45 with a share volume of 24.49 Million. Citi has inked a definitive contract to sell CitiFinancial Canada, Inc. to an investor group led by J.C. Flowers & Co. LLC and associates, and Värde Partners. The transaction is predictable to close in the first half of 2017 and is subject to regulatory authorization s and other customary closing conditions. Terms of the transaction were not revealed. Citi does not expect the financial terms of the transaction to be material to its earnings.
“CitiFinancial Canada is a leading community-based lender in Canada,” stated Francesco Vanni d’Archirafi, CEO of Citi Holdings. “We are especially happy that the entire business, comprising all 1,300 employees, is included in the transaction.” With USD $1.9 billion (CAD $2.5 billion) of assets and over a quarter of a million active consumers, CitiFinancial Canada operates 217 branches across Canada. In addition to personal lending and mortgage solutions, CitiFinancial Canada offers retail financing programs to many of Canada’s top retailers. The stock is going forward its 52-week low with 61.92% and moving down from its 52-week high price with -0.04%. The float short ratio was 1.02%, as compared to sentiment indicator; Short Ratio was 1.48.
Methanex Corporation (NASDAQ:MEOH) [Trend Analysis] luring active investment momentum, shares a decrease -1.44% to $37.75. Methanex Corporation (NASDAQ:MEOH) reported that its BOD has reported a quarterly dividend of US$0.275 per share that will be payable on December 31, 2016 to holders of ordinary shares of record on December 17, 2016.
Methanex is a Vancouver-based, publicly traded firm and is the world’s largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the NASDAQ Global Market in the U.s.under the trading symbol “MEOH”. The total volume of 813242 shares held in the session was surprisingly higher than its average volume of 767.24 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -53.50%, and looking additional price to next year’s EPS is 336.20%. While take a short look on price to sales ratio, that was 1.79.