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CITIGROUP INC.

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Citigroup : U.S. judge sets hearing in Argentina bond case over Citi subpoena

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08/29/2014 | 05:16pm EDT
Argentina's Economy Minister Kicillof speaks during a news conference in Buenos Aires

NEW YORK (Reuters) - A U.S. judge overseeing litigation by Argentina and creditors who did not participate in the country's past debt restructurings on Friday scheduled a hearing to assess whether Citigroup Inc should be forced to comply with a subpoena.

U.S. District Judge Thomas Griesa in New York scheduled a hearing for Sept. 10 at 2:30 p.m. EDT following a request by a lawyer for Elliott Management's NML Capital Ltd, a creditor suing over Argentine bonds that have been in default since 2002.

(Reporting by Nate Raymond in New York; Editing by Meredith Mazzilli)

Stocks mentioned in the article
ChangeLast1st jan.
CITIGROUP INC. 1.04% 63.91 Delayed Quote.22.76%
EURO / ARGENTINE PESO (EUR/ARS) -0.12% 60.991 Delayed Quote.41.28%
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Financials (USD)
Sales 2019 73 873 M
EBIT 2019 31 386 M
Net income 2019 17 232 M
Debt 2019 -
Yield 2019 3,00%
P/E ratio 2019 8,37x
P/E ratio 2020 7,58x
Capi. / Sales2019 1,95x
Capi. / Sales2020 1,91x
Capitalization 144 B
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Technical analysis trends CITIGROUP INC.
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 80,85  $
Last Close Price 63,91  $
Spread / Highest target 65,9%
Spread / Average Target 26,5%
Spread / Lowest Target -18,6%
EPS Revisions
Managers
NameTitle
Michael Louis Corbat Chief Executive Officer & Director
James Anthony Forese President & CEO-Institutional Clients Group
John C. Dugan Chairman
John C. Gerspach Chief Financial Officer
Anthony M. Santomero Independent Director
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