Shares of Citigroup fell today, after the Fed rejected its proposal to raise its dividend and buy back $6 billion worth of stock based on the results of the Fed's CCAR round of banking stress tests. Citigroup had conducted its own analysis, and was confident that it would pass, but while its liquidity was well above acceptable levels, the structure for the way the bank projects losses was not up to the Fed's standards.
In this segment of Thursday's Investor Beat, host Chris Hill and Motley Fool analyst David Hanson take a look at Citigroup and CEO Michael Corbat, to decide how heavily he should be blamed for the surprising denial, and what this means for Citigroup from here.
Then, shares of lululemon athletica were on the rise today, after the company's Q4 results came in better than expected. Same-store sales were down, however. The company's CEO came out and called this an "investment year." Meanwhile, Yum! Brands subsidiary Taco Bell rolled out its breakfast offerings today, the waffle taco chief among them. Wall Street was not impressed, however, with the stock selling off slightly today. Chris and David discuss lululemon's plans for the future, and whether or not breakfast will be a game changer at Taco Bell.
And finally, David takes a look at CONSOL Energy. The Motley Fool recently posted a series of articles pitting one stock against another for which is the better buy, in a bracket-style competition in the spirit of March Madness, with winners decided by reader votes. Surprisingly, this lesser-followed coal stock is running away with the tournament. David takes a look into this business to discuss why he's watching today.
Chris Hill has no position in any stocks mentioned. David Hanson has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Lululemon Athletica. The Motley Fool owns shares of Bank of America and Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.