Orlando, FL -- (SBWIRE) -- 10/07/2013 -- 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 Citigroup Inc. (NYSE:C), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA).
Citigroup Inc. (NYSE:C) stock increased 1.53% to $49.14. Citi on Oct. 1 announced the launch of e for Education, a three-month initiative to raise funds for education-related nonprofits around the world. Beginning today and through December 31, Citi will donate funds to several charities based on a percentage of institutional client FX transaction volumes executed through its electronic trading platform, Velocity.
Additionally, the company on Sept. 25 said it agreed to pay $395 million to Freddie Mac to resolve claims of potential flaws in roughly 3.7 million mortgages it sold to the housing finance company from 2000 to 2012. Citigroup said the settlement also covers potential future claims arising from the loans bought by Freddie Mac, a large purchaser and guarantor of home loans.
Are investors worried about the recent updates with C? Find out with a free trend analysis HERE
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock dropped 2.02% to $4.84. ARNA’s stocks price target lowered to $4 from $5 at Credit Suisse on Sept. 30.
Additionally, the company announced that the company was scheduled to present a corporate overview, including a BELVIQ(®) (lorcaserin HCl) CIV launch update, at the NewsMakers in the Biotech Industry conference on Friday, September 27, 2013, at 11:30 a.m. Eastern Time (8:30 a.m. Pacific Time), at the Millennium Broadway Hotel in New York City.
Is ARNA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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