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Microsoft & Alphabet Post Strong Quarterly Earnings

Microsoft & Alphabet Post Strong Quarterly Earnings

Microsoft reported strong third quarter results for fiscal 2021 with revenues up 19% YoY to $41.7bn and EPS at $2.03, up 45% in the same period. Revenues grew across all divisions with their Intelligent Cloud segment jumping 26% to $15.1bn, driven mainly by a 50%...

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Citigroup Raises $5.5bn Via Three Trancher

Citigroup Raises $5.5bn Via Three Trancher

Citigroup raised $5.5bn via a three-part offering. It raised: $500mn via a 4NC3 Floating Rate Note (FRN) at SOFR + 66.9bp as compared to initial guidance of SOFR equivalent $2bn via a 4NC3 bond at a yield of 0.981%, 17bp inside initial guidance of T+80bp area $3bn via...

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