Important News for Haliburton, Citigroup and Texas Instruments (NYSE:HAL),(NYSE:C),(NYSE:TXN)
Today’s news includes Halliburton Company (NYSE:HAL) being ranked a buy according to Zack’s, Citigroup Inc. (NYSE:C) is No. 1 Card Issuer, and Texas Instruments upgraded.
Halliburton (NYSE: HAL) continues to profit from increased activity in the unconventional natural gas and oil basins in the US as well as strong international growth in Russia, Asia Pacific, and Latin America. Growth and Income: The company is expected to grow its earnings per share 36.2% in 2010, 30.3% in 2011, and 13.0% over the long term. Its trailing 12-month return on equity is 14.2%. The stock also offers investors a dividend yield of 1.2%. This Zacks #2 Rank stock trades at 17x 2010 consensus EPS estimates and 13x 2011 consensus EPS estimates. – Zack’s
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Citi (NYSE:C) today announced that it has been ranked as the number one Corporate bank card issuer in the U.S. by The Nilson Report. The ranking, based on transaction volume, places Citi well ahead of its nearest competitors. “We have continued to make great strides in the U.S. corporate card market,” said Hubert JP Jolly, Citi’s Global Head of Commercial Cards. “Even during the recent downturn, we continued to win business and have seen a substantial increase in the number of transactions flowing through our systems.” With a host of online, customizable, reporting tools and integrated solutions, Citi Commercial Cards offer clients a comprehensive package that takes program and report management to a higher level, providing a superior quality business intelligence engine --supporting the need for consolidated data and card-level administration and information. Citi’s commercial card programs increase control and transparency, offering greater visibility into what and where organizations are spending. – Business Wire
Texas Instruments Incorporated (NYSE:TXN) was raised to Outperform from Market Perform at Raymond James. Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide.
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