On Monday, in the course of current trade, Shares of Citigroup Inc (NYSE:C), climbed 0.60%, and is now trading at $58.28.
Citi has hired Stephen Roti as Managing Director and Global Head of Corporate Equity Derivatives (CED). In this position, Mr. Roti will be responsible for the overall strategy for originating high value added CED transactions and will lead the marketing and education efforts with business partners in Investment Banking, Capital Markets Origination, and Citi Private Bank. He will be based in New York and report to James Boyle, Global Head of Equity Derivatives, Tyler Dickson, Global Head of Capital Markets Origination and Andres Recoder, Global Head of Corporate Sales and Client Solutions.
Mr. Roti brings more than 20 years of structuring and origination of equity related products to Citi counting equity derivatives, convertibles, and hybrid securities. He will join the Bank from Nomura where he was Head of Equity Capital Markets for the Americas. Before Nomura, he served at Barclays Investment Bank, where he was Global Head of Equity Linked Origination in New York.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
During an Afternoon trade, Shares of Axcelis Technologies Inc (NASDAQ:ACLS), climbed 3.74%, and is now trading at $3.33.
Axcelis Technologies, declared financial results for the second quarter ended June 30, 2015. Recent highlights comprise:
- Revenues of $78.4 million, a 7% enhance over the first quarter.
- Operating profit of $7.2 million, a 108.5% enhance over the first quarter.
- Improved gross margin to 34.6% from 31.9% in the first quarter.
- Raised cash and cash equivalents to $78.1 million from $74.5 million in the first quarter.
The Company stated second quarter revenue of $78.4 million, contrast to $73.3 million for the first quarter of 2015. Operating profit for the quarter was $7.2 million, contrast to $3.4 million for the first quarter. Net income for the quarter was $5.9 million, or $0.05 per share. This compares to net income for the first quarter of 2015 of $1.9 million, or $0.02 per share. Cash and cash equivalents was $78.1 million at June 30, 2015, contrast to $74.5 million on March 31, 2015.
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. It provides offers a line of high energy, high current, and medium current implanters for all application requirements.
Finally, Celanese Corporation (NYSE:CE), gained 0.62% Monday.
Celanese Corporation, declared that Chris Jensen, chief financial officer, will address investors at the Jefferies Industrials Conference on Tuesday, August 11, 2015, at 3:20 p.m. Eastern time.
Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide.
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