— The battered regional bank stock dropped 10% before the bell, with the potential to again weigh on the broader banking sector. First Republic on Monday reported that its deposits dropped 40% to $104.5 billion in the first quarter, and the stock lost nearly half its value Tuesday.
— Shares jumped 14% in early morning trading after PacWest said it has seen deposit inflows over the past month. The regional bank said deposits fell more than 16% during the first quarter to roughly $28.2 billion, but that it has added about $1.8 billion in deposits since March 20, when it last updated investors. It saw $700 million in deposits in April. On Tuesday, PacWest also
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Stocks making the biggest moves midday: First Republic Bank, PepsiCo, Fiserv and moreThese are the stocks posting the largest moves in midday trading.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »
Stocks making the biggest moves midday: Fox, Albemarle, First Republic and moreFox's Class A and B shares were each down almost 4% on news that host Tucker Carlson has left the network, days after Fox News settled its defamation lawsuit.
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Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more3M said it would cut about 6,000 positions to focus on high-growth markets, such as automotive electrification and home improvement.
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U.S. stocks open lower as investors digest First Republic earnings, wait for Big Tech resultsU.S. stocks opened lower Tuesday as investors weigh First Republic Bank’s quarterly results and wait for Big Tech earnings to be released after the market’s...
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »
Stocks Fall After First Republic Earnings Revive Banking WorriesDisappointing earnings from companies including First Republic Bank and UPS helped interrupt a weekslong stretch of market calm on Tuesday
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »