Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
SVB is Now In the Hands of the FDIC
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Blk04L" data-source="post: 16888794" data-attributes="member: 48574"><p><a href="https://www.cnbc.com/2023/03/13/stocks-making-the-biggest-moves-premarket-ilmn-frc-sgen-more.html" target="_blank">Stocks making the biggest moves premarket: Illumina, First Republic, Seagen and more</a></p><p></p><p><a href="https://www.cnbc.com/quotes/" target="_blank">PacWest Bancorp</a>, <a href="https://www.cnbc.com/quotes/WAL/" target="_blank">Western Alliance Bancorp</a></p><p>— Regional lenders PacWest Bancorp’s shares fell by more than 40% while Western Alliance’s stock fell by more than 51%, with both banks stinging from the closure of Silicon Valley Bank and Signature Bank. In an attempt to calm investors, both <a href="https://www.reuters.com/business/finance/first-republic-western-alliance-calm-contagion-worries-svb-meltdown-2023-03-10/" target="_blank">banks said on Friday</a> that their liquidity and deposits remained strong.</p><p></p><p><a href="https://www.cnbc.com/quotes/BAC/" target="_blank">Bank of America</a></p><p></p><p>, <a href="https://www.cnbc.com/quotes/JPM/" target="_blank">JP Morgan</a>, <a href="https://www.cnbc.com/quotes/C/" target="_blank">Citigroup</a></p><p>— Shares of major banks saw significant losses in early market trading, after the closure of two major banks has spread fear among investors and pushed <a href="https://www.cnbc.com/2023/03/12/regulators-unveil-plan-to-stem-damage-from-svb-collapse.html" target="_blank">regulators to further clamp down on risks</a> associated with the bank closures. Bank of America lost 4.2%, JP Morgan shed about 1.4%, and Citi was down 2.25%.</p><p></p><p><a href="https://www.cnbc.com/quotes/SCHW/" target="_blank">Charles Schwab</a></p><p></p><p>— Shares declined by more than 6.6% before the bell. Citi <a href="https://www.cnbc.com/2023/03/13/citi-upgrades-schw-says-recent-selloff-opens-a-promising-entry-point.html" target="_blank">upgraded the stock to buy from neutral</a>, however, saying the company’s 23% decline over the last two trading days gives it a “compelling” risk-reward ratio. Citi expects near-term revenue and earnings headwinds from rising funding costs and continued client cash sorting, which it believes are already reflected in the current stock price.</p><p></p><p><a href="https://www.cnbc.com/quotes/PNC/" target="_blank">PNC</a></p><p></p><p>— Shares lost nearly 5.2% early Monday morning after the bank <a href="https://www.cnbc.com/2023/03/12/pnc-decides-not-to-bid-on-silicon-valley-bank-as-regulators-struggle-to-find-rescue-buyers.html" target="_blank">decided against bidding</a> on Silicon Valley Bank as regulators struggle to find buyers for the failed bank.</p></blockquote><p></p>
[QUOTE="Blk04L, post: 16888794, member: 48574"] [URL="https://www.cnbc.com/2023/03/13/stocks-making-the-biggest-moves-premarket-ilmn-frc-sgen-more.html"]Stocks making the biggest moves premarket: Illumina, First Republic, Seagen and more[/URL] [URL='https://www.cnbc.com/quotes/']PacWest Bancorp[/URL], [URL='https://www.cnbc.com/quotes/WAL/']Western Alliance Bancorp[/URL] — Regional lenders PacWest Bancorp’s shares fell by more than 40% while Western Alliance’s stock fell by more than 51%, with both banks stinging from the closure of Silicon Valley Bank and Signature Bank. In an attempt to calm investors, both [URL='https://www.reuters.com/business/finance/first-republic-western-alliance-calm-contagion-worries-svb-meltdown-2023-03-10/']banks said on Friday[/URL] that their liquidity and deposits remained strong. [URL='https://www.cnbc.com/quotes/BAC/']Bank of America[/URL] , [URL='https://www.cnbc.com/quotes/JPM/']JP Morgan[/URL], [URL='https://www.cnbc.com/quotes/C/']Citigroup[/URL] — Shares of major banks saw significant losses in early market trading, after the closure of two major banks has spread fear among investors and pushed [URL='https://www.cnbc.com/2023/03/12/regulators-unveil-plan-to-stem-damage-from-svb-collapse.html']regulators to further clamp down on risks[/URL] associated with the bank closures. Bank of America lost 4.2%, JP Morgan shed about 1.4%, and Citi was down 2.25%. [URL='https://www.cnbc.com/quotes/SCHW/']Charles Schwab[/URL] — Shares declined by more than 6.6% before the bell. Citi [URL='https://www.cnbc.com/2023/03/13/citi-upgrades-schw-says-recent-selloff-opens-a-promising-entry-point.html']upgraded the stock to buy from neutral[/URL], however, saying the company’s 23% decline over the last two trading days gives it a “compelling” risk-reward ratio. Citi expects near-term revenue and earnings headwinds from rising funding costs and continued client cash sorting, which it believes are already reflected in the current stock price. [URL='https://www.cnbc.com/quotes/PNC/']PNC[/URL] — Shares lost nearly 5.2% early Monday morning after the bank [URL='https://www.cnbc.com/2023/03/12/pnc-decides-not-to-bid-on-silicon-valley-bank-as-regulators-struggle-to-find-rescue-buyers.html']decided against bidding[/URL] on Silicon Valley Bank as regulators struggle to find buyers for the failed bank. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
SVB is Now In the Hands of the FDIC
Top