Must Reads: Citigroup Doesn't Want To Pay 10% On Its Preferred Shares

Citigroup's preferred shares may be called due to the use of the SOFR benchmark rate, making some of the preferred equit

Must Reads Citigroup Doesn't Want To Pay 10% On Its Preferred Shares  Citigroup's preferred shares may be called due to the use of the SOFR benchmark rate, making some of the preferred equity expensive. Citigroup's Q3 re... Continue Reading Sanofi Spins Off, Investors Spin Out (Rating Downgrade) Sanofi's Q3 2023 shows mixed results with net sales down 4.1% YoY, and operating income falling 11.2%. High-growth drugs Dupixent and Nexviazyme contr... Continue Reading Alstom: Remain Neutral After Cash Warning Alstom issued a cash warning and cut its full-year FCF guidance to negative €500-750 million. Moody's changed Alstom's credit outlook to negative, but... Continue Reading Capgemini: Underappreciated In Turbulent Market Capgemini has consistently reported better-than-average organic sales growth over the past several quarters. It has also been able to expand its margi... Continue Reading Toronto-Dominion Bank: No Disaster But Not A Buy Either TD Bank's Canadian P&C business is performing well despite concerns of a recession, with revenues and net income showing stability. There are risks on... Continue Reading Download the Seeking Alpha App! Like Must Reads? Try our other newsletters as well. This email was sent to you because you signed up to receive Must Reads. If you do not want to receive Must Reads emails, click here to unsubscribe. Sent by Seeking Alpha, 244 5th Ave, Suite 2705, New York, NY 10001