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Company News for Jan 17, 2022

Zacks Equity Research
·1-min read

  • Citigroup Inc.’s C shares fell 1.3% after the company’s fourth-quarter 2021 net profit declined 24% year over year.    

  • BlackRock Inc.’s BLK 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 FRC 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 rose 1.3 % after the company raised monthly prices for its streaming service in the United States and Canada.


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Zacks Investment Research