PacWest Bancorp stock was up 3% in premarket trades on Thursday, as upward momentum continued with most bank stocks.
KeyCorp’s second-quarter profit fell to $250... PacWest Bancorp stock was up 3% in premarket trades on Thursday, as upward momentum continued with most bank stocks. KeyCorp’s second-quarter profit fell to $250 million, or 27 cents a share, from $504 million, or 54 cents a share in the year-ago quarter. The results included 9 cents a share to build up allowances.Revenue fell 11% to $1.6 billion, below the analyst target of $1.62 billion.Hovde Group analysts reiterated their high-conviction outperform rating on the stock, and hiked their price target by $5 to $65 a share.
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TikTok introduces passkey login for iOS users and joins big tech companies into an allianceForgetting your password can be a real hassle, especially when you're in a rush to get something done. And let's not forget the frustration of being locked out of your social media account. Well, TikTok has some good news for its iOS users—it's rolling out passkeys for login.
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