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$3.51
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At Close: Jun 29, 2023
Why Are Stocks Down Today?
01:42pm, Tuesday, 25'th Apr 2023
Stocks are well in the red this afternoon ahead of a number of important Big Tech earnings reports. The S&P 500, Dow 30 and Nasdaq Composite are each down by around 1% so far.
First Republic (FRC) Q1 Earnings Beat, Deposits Fall 40%
01:40pm, Tuesday, 25'th Apr 2023
Higher funding costs hurt First Republic's (FRC) Q1 NII and margin. While elevated provision impedes bottom-line growth, lower expenses and higher fee income are offsetting factors.
First Republic Bank exploring up to $100 bln in asset sales - Bloomberg News
01:02pm, Tuesday, 25'th Apr 2023
Troubled lender First Republic Bank is exploring an asset sale of up to $100 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Investors file suit against First Republic and KPMG for alleged misrepresentations
12:54pm, Tuesday, 25'th Apr 2023
The Hollywood, Calif., police officers' pension fund has filed a lawsuit in federal court against First Republic Bank and its auditor, KPMG, that alleges the bank misled investors about the strength o
Case-Shiller Shrinking but Q1 Earnings Better: MCD, PEP, GE, etc.
12:11pm, Tuesday, 25'th Apr 2023
Pre-market futures are slightly in the red ahead of the open on plenty to digest in early trading hours.
Home Prices Rise at Slower Rate in February
12:11pm, Tuesday, 25'th Apr 2023
Home Prices Rise at Slower Rate in February.
First Republic Bank, Transocean – Two Heavily Shorted Stocks Down Significantly In Early Session On Tuesday
12:07pm, Tuesday, 25'th Apr 2023
The SPDR S&P 500 ETF SPY traded in a very tight range last week, leaving traders perplexed with regard to near-term market momentum. On Tuesday morning, however, the S&P has softened up slightly, and
First Republic Bank's shares plunge as it admits more than $100bn of withdrawals
11:54am, Tuesday, 25'th Apr 2023
Shares in First Republic Bank have tumbled to a new record low after the troubled US regional lender admitted last month's banking crisis sparked a customer deposit flight of more than $100bn.
First Republic Bank Shows Scale Of Losses After Banking Crisis, Plunges On Stock Market
10:24am, Tuesday, 25'th Apr 2023
It's shaken confidence in the embattled regional banking sector and raised concerns that we haven't seen the last of bank runs and collapses.
First Republic Shares Sink 27% After Earnings
10:19am, Tuesday, 25'th Apr 2023
First Republic Bank shares fell sharply Tuesday, a day after it reported first-quarter results that showed a deposit hemorrhage that was worse than expected.
First Republic's $100 bln deposit flight jolts investors, gloom drags regional banks
09:57am, Tuesday, 25'th Apr 2023
First Republic Bank faces an uphill challenge to regrow its business after losing more than half of its deposits, analysts said on Tuesday, as shares sank 29% in early trade to hit a record low follow
First Republic shares plunge as deposit outflows reignite regional bank fears
09:43am, Tuesday, 25'th Apr 2023
First Republic shares dropped like a stone on Tuesday morning after less-than-positive first quarter earnings sent investors running from the regional bank. Shares were down 29% at the open to hit $11
FRC Stock Alert: Does First Republic's Plunge Mean a Crash Is Coming?
09:35am, Tuesday, 25'th Apr 2023
First Republic Bank (NYSE: FRC ) stock fell over 20% overnight after reporting it lost $100 billion in customer deposits last month. The company earned $229 million, $1.24 per share, on revenue of $1.
Recession fears, First Republic's first-quarter results send Treasury yields even lower in U.S. trading, led by 2-year rate
09:33am, Tuesday, 25'th Apr 2023
The 2-year Treasury yield fell 9 basis points to 4.048% Tuesday morning on growing recession risks and worse-than-expected first-quarter results from First Republic Bank. Yields on 1-year bills throug
First Republic, KPMG are sued for concealing bank's risks
09:13am, Tuesday, 25'th Apr 2023
First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest rates threatened its business model by prompting an exodus of deposit
