PacWest Bancorp shares tumbled 44% in extended trading on Wednesday following a report that the bank is weighing a sale. The regional bank has been assessing options, including a breakup or a capital raise, according to a Bloomberg report citing sources familiar.
The shares of man
“The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the fallout from recent bank failures, wait on the resolution of a political standoff over the U.S. debt ceiling, and monitor the course of inflation.
The unanimous decision lifted the U.S. central bank's benchmark overnight interest rate to the 5.00%-5.25% range, the Fed's tenth co
Hey there,
I came into a decent amount of money recently and would like to invest around $25k-30k into the market. I obviously know to take this advice with a grain of salt, however, I've come to trust reddit over the years (writing that sentence just seems ridiculous lol) and am curious for your opinions.
About me; I know next to nothing about the market -- I'd like to invest into something I really don't have to pay too much attentio
Like Peloton, Etsy and Zoom, Crocs saw its business boom during the early days of the coronavirus pandemic. The company’s aesthetically questionable but easily slipped-on clogs were the perfect footwear for Americans puttering around their homes, gardens and kitchens during quarantine.
But while many people got off their exercise bikes, cut back on D.I.Y. arts projects and resumed in-person meetings as a sense of normalcy returned to the world, they have
Hello, Im trying to sell stock in walmart for my grandparents but they ignored a letter saying the shares would be took if they didn't claim the account or something (back in november). I've rang up computershare and they said they've been taken by the state of delaware. They then gave me a number to ring and ask how to retrieve them but the number is invalid. Does anyone have any idea, im completely clueless about any of this.
Thanks.
US ambulatory network SurgCenter has grown to be arguably one of the largest Orthopedic outpatients network in the US.
Its original founding principal owner, just personally forked out over US$10 million to buy a discounted stake in Australian company Mesoblast. Amongst Mesoblast's four main present product pathways at the FDA, is a treatment for Chronic Lower Back Pain - its a poor title as more specifically, its an injectable stem cell therapy for D
I have recently been attempting to sell off stock. I was notified of a buyout which I decided to take advantage of because of the gain in price.
I was notified by the exchange services that I had X amount of stock and that it would cost Y amount for the paperwork. I had no certificates so I had to pay based on the X amount of stock I was holding.
I paid the fees and did all the paperwork. When I got the payout, it was far less than promised. When I
Hello all,
Following on from the fallout of SVB, FRC etc, I think that now could be a fantastic time to buy some distressed stocks in the sector. SCHW is particularly catching my eye.
I was wondering if anyone could share a good process to research a bank? Sure, the common practices apply such as checking balance sheets and cash flows, but other important metrics such as CET rations and AOCI also exist here.
Thanks😁
Good morning traders and investors of the r/stocks sub! Welcome to FOMC Rate Decision Day and a frrrrrrrresh start! Here are your pre-market stock movers & news on this Wednesday, May the 3rd, 2023-
Stock futures rise slightly as investors await Fed rate decision: Live updates
U.S. stock futures rose Wednesday
Phreesia, Inc. ($PHR) has caught the attention of fourteen brokerages that are covering the company. These brokerages have rated the shares of Phreesia with an average recommendation of “Moderate Buy,” with two investment analysts giving a hold recommendation and ten issuing a buy recommendation on the company. With such high ratings from experienced financial advisors in the industry, Phreesia appears to be worth considering as a solid investment.
Furthe