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Saudi national bank chair quits after comments helped push credit suisse into tailspin
The chairman of Credit Suisse's largest shareholder helped trigger a calamitous drop in share price when he ruled out pumping more cash into the ailin...
Amazon: buy the new age of margin expansion
Profit margins at Amazon have struggled over the past few years. The company has been investing aggressively in boosting delivery speeds for its onlin...
Nasdaq bear market: 2 growth stocks billionaires are buying hand over fist
Some wealthy money managers invested in Datadog and Zscaler throughout the Nasdaq bear market. Datadog is a leader in several verticals of the observa...
Ftcs: grossly profitable companies, yet short on value, not a buy
FTCS is a solid quality-centered fund I attempt to cover at least on a quarterly basis. Since my December 2022 article, the fund has declined by about...
Xrt: i see value in buying the weakness
Retail has had a volatile start to 2023. Over the longer term, its performance has also been weak compared to the broader market. There are valid reas...
How first republic's courtship of the wealthy led to meltdown
First Republic Bank became the epicenter of the U.S. regional banking crisis after the wealthy clients it courted to fuel its breakneck growth started...
Credit agricole launches china m&a and investment banking business
Credit Agricole , France's second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the ...
Chinese commerce minister in talks with apple boss tim cook
Chinese commerce minister Wang Wentao met Apple CEO Tim Cook on Monday and exchanged views on the company's development in China, the commerce ministr...
Is hartford financial stock fairly priced?
Hartford Financial's stock (NYSE: HIG) has lost approximately 13% YTD as compared to the 3% rise in the S&P500 index over the same period....
Growing 90%, raleigh-based first citizens buys assets of silicon valley bank
Can a North Carolina-based bank hold into Silicon Valley Bank's customers?...
Saudi national bank chair resigns just days after credit suisse comments sparked sell-off
Al-Khudairy's resignation comes days after his comments fueled investor panic and contributed to a selloff in the shares of embattled lender Credit Su...
Regions financial: looking quite solid
Regions Financial has seen a solid 2022, not been hurt by huge deposit outflows. The bank looks quite alright from a deposit base point of view amidst...
Perma-fix: hanford site cleanup offers enormous tailwind
Perma-Fix has more than tripled off its 52-week low, but I believe the stock could triple again. The company's core business has recovered from Covid ...
Disney: it's bob iger vs. hollywood
Disney's mandate is to cut costs and bring its streaming unit to profitability. Bob Iger will need to address, first and foremost, above-the-line cont...
Salesforce says elliott will not nominate directors to board
Salesforce Inc said on Monday activist investor Elliott Management Corp has decided to not proceed with director nominations to the board of the cloud...
Why i think jepi will outperform schd
JEPI and SCHD are popular income-yielding ETFs. I think JEPI will outperform SCHD for 4 key reasons: JEPI has greater exposure to the market index vs ...
Zim integrated: 12% discount to cash value
ZIM's key operating metrics have deteriorated amid a slump in container spot rates. The container company, however, has no debt, substantial cash, and...
Lebanon wakes up in two simultaneous times zones as government can't agree on daylight savings change
The disagreement has led to chaos and confusion for airports, businesses, and people across Lebanon....
European banks shares rise after svb deal
European bank stocks rose for the first time in nearly a week on Monday, bouncing from last week's declines, after a buyer emerged for large parts of ...
Helium one global limited posts interim results, looks ahead to sourcing drill rig for rukwa
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) booked a loss of US$1.9mln in the six months to December 2022, broadly flat on the US$1.8mln loss booked ...
Southwest airlines: buy on strong demand and unlikely chance of another meltdown
The entire airline industry is forecasting a strong demand environment for 2023. Southwest Airlines has a stronger balance sheet than legacy carriers ...
Tharisa plc secures us$130mln debt facility with socgen and absa
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) has secured a US$130mln debt facility with Société Générale and Absa Bank Limited. The facility has a 4...
First citizens bank takes over collapsed lender silicon valley bank
North Carolina-based lender First Citizens Bank has sealed a deal to buy collapsed lender Silicon Valley Bank, taking on US$56bn (£46bn) of customer ...
Alibaba co-founder jack ma returns to china
The billionaire's trip home after a year away comes as Beijing winds down a tech crackdown that hit entrepreneurs' confidence....
Anglo asian mining reckons garadag potential at 300,000 tonnes of copper
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has confirmed that it has the potential to produce over 300,000 tonnes of copper from its Garadag porphyry...
Qqq: next leg lower approaching
The Fed is still committed to the 2% inflation target. Thus, the Fed-induced recession is likely imminent, with the banking crisis acting as the major...
U.s. mid-tier lenders shares rise in frankfurt after svb deal
The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged for large chunks of embattled Silicon Valle...
Canadian overseas petroleum complete refinancing
Canadian Overseas Petroleum Limited (LSE:COPL, CSE:XOP) told investors it has successfully completed its US$14.8mln convertible bond refinancing, and,...
Immupharma: us partner has submitted lupuzor phase ii/iii trial protocol
ImmuPharma PLC (AIM:IMM, OTC:IMMPF) has said its partner Avion Pharmaceuticals has submitted the phase II/III clinical protocol for Lupuzor to the Fo...
Novartis gets positive result from breast-cancer drug trial
Novartis AG said Monday that a trial evaluating breast-cancer drug Kisqali met its primary endpoint during an interim analysis....
Allergy therapeutics doses first patients with peanut allergy vaccine
Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF), the commercial-stage biotech company, has started administering its groundbreaking short-course peanut...
Verona's ensifentrine: a promising novel treatment for copd patients
Verona Pharma's ensifentrine is a first-in-class, inhaled, dual inhibitor of the enzymes PDE3 and PDE4, targeting both bronchodilation and inflammatio...
First citizens bank inks deal to acquire silicon valley bank's loans and deposits
First Citizens Bank will purchase about $72 billion of Silicon Valley Bank's assets at a discount of $16.5 billion....
Vcit: why you should accumulate this fund in an economic downturn
VCIT owns a portfolio of intermediate-term investment-grade corporate bonds. The fund should outperform its treasury fund peers in the same category i...
Chairman of saudi national bank who sparked turmoil for credit suisse resigns: report
Ammar Al Khudairy, the chairman of Saudi National Bank 1180, +0.98% , has reportedly resigned and will be replaced by the bank's chief executive offic...
