Megabank stocks rise in premarket as Pfizer deal boosts underwriting

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks for the largest U.S. banks rose in premarket trades on Wednesday, amid an uptick in underwriting activity following a $31 billion debt offering from...

Stocks for the largest U.S. banks rose in premarket trades on Wednesday, amid an uptick in underwriting activity following a $31 billion debt offering from pharmaceutical giant Pfizer Inc. PFE. Bank of America Corp. ‘s BAC BofA Securities unit, Citigroup Inc. C, Goldman Sachs Group Inc. GS and J.P. Morgan Chase & Co. JPM are joint lead managers and joint book-running managers for the Pfizer offering, which consisted of eight tranches priced between 4.45% and 5.34%.

... Stocks for the largest U.S. banks rose in premarket trades on Wednesday, amid an uptick in underwriting activity following a $31 billion debt offering from pharmaceutical giant Pfizer Inc. PFE . Bank of America Corp. ‘s BAC BofA Securities unit, Citigroup Inc. C , Goldman Sachs Group Inc. GS and J.P. Morgan Chase & Co. JPM are joint lead managers and joint book-running managers for the Pfizer offering, which consisted of eight tranches priced between 4.45% and 5.34%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple is bigger than the whole market for small caps again. Here's what it means for investorsThe Big Tech stock overtook the combined cap of 2,000 small stocks.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market news today: Stocks mixed on debt ceiling progressUS stocks trade mixed as investors assess progress on debt ceiling talks
Source: BusinessInsider - 🏆 729. / 51 Read more »