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Cantor Fitzgerald Remains Bullish Ahead of Splunk's (SPLK) 1Q Report
May 21, 2015 8:47 AM EDTCantor Fitzgerald maintains a Buy rating and $90 price target on Splunk (NASDAQ: SPLK) leading up to its 1Q16 results. Analyst Brian White believes that Splunk will at least meet his 1Q revenue estimate of $120.9m, and EPS estimate of ($0.04). Splunk is scheduled to report 1Q earnings on May... More
Citigroup (C) Settles with U.S. DOJ, Fed Over FX Rigging Allegations; Will Pay ~$1.66B
May 20, 2015 10:05 AM EDTCitigroup (NYSE: C) announced that it has entered into settlements with the United States Department of Justice (DOJ) and the Board of Governors of the Federal Reserve System (Fed) to resolve investigations into Citis foreign exchange business.
The settlement with the DOJ includes a guilty plea by Citicorp, a subsidiary of Citigroup Inc., to a violation of the Sherman Antitrust Act and fine of $925 million. The settlement with the Fed includes the entry of a cease and desist order and a... More
