Market Updates: Citigroup (NYSE:C), Exxon Mobil (NYSE:XOM), United Technologies (NYSE:UTX), Visa (NYSE:V)
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Shares of Citigroup (NYSE:C) rose more than 1% in preopen trade on Thursday ahead of the company chief executive officer’s address to a financial services conference in New York. Late Wednesday, the Financial Times newspaper reported that Citi CEO Vikram Pandit will suggest the core business’s earnings could reach as much as $20 billion in a few years. The report said the CEO will not make a specific estimate, but will detail the bank’s strategy and earnings potential. –MarketWatch
Exxon Mobil (NYSE:XOM) will be holding its annual meeting.
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