Turquoise Hill Resources Ltd (NYSE:TRQ) said on January 19 that the concentrator at the Oyu Tolgoicopper and gold mine in Mongolia has resumed full production following a fire in December. Releasing its 2014 production figures, the company, which owns some 66 percent of Oyu Tolgoi, also said it had produced 148,400 tonnes of copper and 589,000 ounces of gold in concentrates last year – in line with company forecasts. On Tuesday shares of Turquoise Hill Resources Ltd. (NYSE:TRQ) closed at $3.01. Company’s sales growth for last 5 years was 104.30%.
Citigroup Inc. (NYSE:C) announced that it lent $9.2 billion to U.S. small businesses in 2014. Since 2012, Citi has lent small businesses $28 billion, a more than 50 percent increase from the previous three-year period over which time the bank lent small businesses $18.4 billion. The 2014 tally comes a year after Citi surpassed the three-year $24 billion commitment it made in 2011 in conjunction with the U.S. Small Business Administration (SBA) to provide access to lending and capital that would speed economic recovery. Citigroup Inc. (NYSE:C) in last trading activity fell -1.19% to close at $48.31. Company weekly performance is 2.22% while its quarterly performance stands at -6.72%. Citigroup Inc. (NYSE:C) is -15.17% away from its 52 week high.
Analysts at Brean Capital set a $17.00 target price on shares of Sequential Brands Group (NASDAQ:SQBG) stock in a research report issued to clients and investors on Monday. The firm currently has a a “buy” rating on the stock. On last trading day Sequential Brands Group, Inc. (NASDAQ:SQBG) fell -2.67% to close at $11.67. Its volatility for the week is 5.40% while volatility for the month is 5.64%. SQBG’s sales growth for past 5 years was -6.80% and its EPS growth for past 5 years was 12.80%. Sequential Brands Group, Inc. (NASDAQ:SQBG) monthly performance is -9.39%.
Apple Inc (NASDAQ:AAPL) quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70% rise in China sales, powering the company to the largest profit in corporate history. The company sold 74.5 million iPhones in its fiscal first quarter ended Dec. 27, while many analysts had expected fewer than 70 million. Revenue rose to $74.6 billion from $57.6 billion a year earlier. On Tuesday shares of Apple Inc. (NASDAQ:AAPL) closed at $109.14. Company’s sales growth for last 5 years was 33.60% and EPS growth for next 5 years is recorded as 11.97%.
On January 21, New York Stock Exchange-listed Chinese social networking firm Renren Inc. (NYSE:RENN) said that it has invested US$40 million in California-based stock trading website Motif Investing to assist the company in its international expansion, according to a company announcement. Renren Inc. (NYSE:RENN) in last trading activity moved down -1.54% to close at $2.55. Company weekly performance is -1.16% while its quarterly performance stands at -25.22%. Renren Inc. (NYSE:RENN) is -46.76% away from its 52 week high.