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Company News for Jan 17, 2022

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  • Citigroup Inc.’s (C - Free Report) shares fell 1.3% after the company’s fourth-quarter 2021 net profit declined 24% year over year.    
  • BlackRock Inc.’s (BLK - Free Report) shares dropped 2.2% after the company reported fourth-quarter 2021 revenues of $5.11 billion, missing the Zacks Consensus Estimate of $5.21 billion.
  • Shares of First Republic Bank tumbled 4.2% after the company’s fourth-quarter 2021 non-interest expenses jumped nearly 30% year-over-year to $866 million.
  • Shares of Netflix Inc. (NFLX - Free Report) rose 1.3 % after the company raised monthly prices for its streaming service in the United States and Canada.

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consumer-discretionary finance