Banc of California set to merge with rival PacWest
PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.
2023-07-26 04:51
Google rebounds from unprecedented drop in ad drop with a resurgence that pushes stock higher
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape
2023-07-26 04:49
Banc of California to buy troubled PacWest Bancorp, which came close to failing earlier this year
The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring
2023-07-26 04:47
Wells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program
SAN FRANCISCO--(BUSINESS WIRE)--Jul 25, 2023--
2023-07-26 04:46
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:26
Carlyle Offers iRobot a $200 Million Bridge Loan to Ride Out Antitrust Review
If all goes as planned — and it’s a real if — iRobot Corp. will be gobbled up
2023-07-26 04:23
Microsoft reports $20.1B quarterly profit as it promises to lead "the new AI platform shift"
Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share
2023-07-26 04:21
Microsoft beats quarterly revenue estimates
Microsoft on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from
2023-07-26 04:21
Visa posts higher quarterly profit on spending boost
(Reuters) -Payments processor Visa reported a jump in third-quarter profit on Tuesday, helped by resilient consumer spending despite tough economic
2023-07-26 04:20
GM to add battery module assembly to some North American EV plants
By Paul Lienert General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant
2023-07-26 03:59
McCarthy Ramps Up Talk of Potential Biden Impeachment
House Speaker Kevin McCarthy on Tuesday sent his strongest signal yet that Republicans could launch an impeachment inquiry
2023-07-26 03:59
Oklahoma attorney general joins lawsuit over tribal gambling agreements, criticizes GOP governor
Oklahoma's new Republican attorney general says he's stepping into an ongoing legal dispute over tribal gambling agreements signed by Gov. Kevin Stitt several years ago
2023-07-26 03:53