Orlando, FL -- (SBWIRE) -- 09/25/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Windstream Corporation (NASDAQ:WIN), Citigroup Inc. (NYSE:C).
Windstream Corporation (NASDAQ:WIN) shares climbed 0.70% to $8.61. The company will hold a conference call at 7:30 a.m. CST on Nov. 7 to review the company's third-quarter earnings results.
Additionally, Jeff Gardner, president and chief executive officer of Windstream (WIN), will speak at 8:40 a.m. CDT on Wednesday, Sept. 25 at the Goldman Sachs 22nd Annual Communacopia Conference in New York.
Moreover, the company on Sept. 17 announced that it has been awarded a contract to provide voice, data, and Internet services for the U.S. Department of Veterans Affairs in its Region 4 area, encompassing 11 states in the northeastern United States. The contract is for a baseline amount of $12 million but can extend to as much as $20 million over five years.
Are investors worried about the recent updates with WIN? Find out with a free trend analysis HERE
Citigroup Inc. (NYSE:C) stock decreased 1.23% to $48.96. The company on Sept. 23 said it is eliminating about 1,000 jobs in its U.S. home mortgage business, making it the latest bank to lay off staff as higher interest rates cut into demand for new loans and refinancing. The bank is cutting about 8 percent of the 13,000 jobs in its mortgage division, with most of the cuts - about 760 - taking place in Las Vegas.
Banks including Wells Fargo & Co, JPMorgan Chase & Co and Bank of America have announced thousands of layoffs in their home lending units in recent weeks.
Additionally, A Citigroup Inc C.N. unit must pay $3.1 million to a Florida-based couple who alleged the firm did not properly supervise a broker who steered them to invest in a politician's real estate developments that later went broke, a securities arbitration panel has ruled on Sept. 16. The case is an example of the liabilities that brokerages can face when their advisers peddle investments privately, without the firm's knowledge. Securities industry rules prohibit the practice, known as "selling away."
Is C going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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