First Republic Bank on verge of takeover by FDIC: report
The Federal Deposit Insurance Corporation is preparing to place First Republic under receivership imminently, a person familiar with the matter said Friday, sending ...
Tag: stocks
Bed Bath & Beyond to file bankruptcy within days due to financial struggles
Bed Bath & Beyond Inc. is getting ready to file for bankruptcy as early as this weekend, as the embattled ...
American Airlines’ weak profit forecast sends rivals’ stocks tumbling
Airline stocks tumbled Wednesday after American Airlines issued a lackluster outlook that appeared to amplify fears that travel demand, which ...
US earnings set to be weakest since COVID-19 pandemic, Goldman strategists warn
Goldman Sachs strategists are predicting the most dismal earnings season since the height of the COVID-19 pandemic this quarter as ...
Short sellers target TD Bank with $3.7B in bearish bets
Short sellers are betting that Canada-based lender Toronto-Dominion Bank — better known as TD — will be the next firm ...
Credit Suisse, UBS shares drop after Swiss probe into merger
Credit Suisse and UBS shares fell on Monday after Switzerland’s federal prosecutor opened an investigation into the emergency merger of the two lenders. ...
Republic First Bancorp confused for First Republic bank
Investors have been mistakenly dumping their stakes in Republic First Bancorp this month – all because they confused it with ...
Nikola shares hit record low on plan to raise $100M
Shares of Nikola hit a record low on Friday after the electric truck maker said it plans to sell shares ...
Michael Burry ‘wrong to say sell’ as Nasdaq 100 enters bull market
“Big Short” hedge fund boss Michael Burry admitted he was “wrong” after delivering an ominous warning urging investors to dump ...
Dow gains as investors weigh bank risks, Fed rate-hike pause
The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit Suisse helped ...
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