Citi (NYSE:C) Opens Securities Lending Office in Los Angeles (potential upside 57.1%)

Uploaded by FinancialNewsOnline on Jan 4, 2012

Citi (NYSE:C) announced the opening of a securities lending office in Los Angeles as part of its commitment to expand its OpenLend capabilities in key cities and regions around the globe.

Tim Douglas, Global Head of Securities Finance, Global Transaction Services, Citi said, "Client satisfaction is at the core of our OpenLend offering. Our new Los Angeles office will provide the on-the ground presence we need to deliver premier service and respond faster to our expanding client base."

Citigroup (NYSE:C) has potential upside of 57.1% based on a current price of $27.73 and an average consensus analyst price target of $43.57.

BlackRock (NYSE:BLK) Valuation Range Raised to $189-$202 From $172-$178 at Wells Fargo

Uploaded by FinancialNewsOnline on Jan 4, 2012

Wells Fargo (NYSE:WFC) increased its valuation range on BlackRock (NYSE:BLK) after raising its 2011 and 2012 EPS estimates for the company following the strong equity markets and fixed income markets performance in Q4.

The firm maintains an Outperform rating on BlackRock.

BlackRock (NYSE:BLK) has potential upside of 4.8% based on a current price of $178.92 and an average consensus analyst price target of $187.47.

Research in Motion (NASDAQ:RIMM) Likely to Name Barbara Stymiest as Chairman (potential upside 34.8%)

Uploaded by FinancialNewsOnline on Jan 4, 2012

Jefferies (NYSE:JEF) says its channel checks indicate Research in Motion (NASDAQ:RIMM) is likely to name RBC's Barbara Stymiest as Chairman.

The firm would view such an announcement positively and believes Stymiest will initiate a formal strategic review of the company. However, Jefferies continues to believe an outright sale of Research in Motion in the near-term is unlikely and keeps a Hold rating on the stock.

Research In Motion (NASDAQ:RIMM) has potential upside of 34.8% based on a current price of $15.04 and an average consensus analyst price target of $20.27.

USA - Michele Bachmann: "I have no regrets"

Uploaded by telegraphtv on Jan 4, 2012

Bachmann pulls out of White House race