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
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 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
RTX to take up to 60 days to fix each GTF engine with contamination issue
(Reuters) -RTX Corp will need up to 60 days to inspect and fix each GTF engine used on Airbus jets
2023-07-26 03:47
Mark Zuckerberg Faces House Judiciary Vote on Contempt of Congress Citation
Republicans on the House Judiciary Committee are preparing a contempt citation against Meta Chief Executive Officer Mark Zuckerberg
2023-07-26 03:46
Banc of California in talks to buy PacWest Bancorp - WSJ
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
2023-07-26 02:57
Verizon profit beats on lower costs, surprise rise in wireless users
By Samrhitha A (Reuters) -Verizon beat quarterly profit estimates on Tuesday on the back of lower costs and a surprise
2023-07-26 02:54
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:54