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10 things for investors to know about the first citizens-silicon valley bank deal

First Citizens Bancshares (NASDAQ: FCNCA ) stock opened higher by about 50% today after it was announced that First Citizens Bank had agreed to buy Si...

March 27, 2023, 11:39 am

Lebanon wakes up in two simultaneous time zones as government can't agree on daylight saving change

The disagreement has led to chaos and confusion for airports, businesses, and people across Lebanon....

March 27, 2023, 11:18 am

Cameco says to receive substantial refund of $300m from canada revenue agency

Cameco Corporation (TSX:CCO) told investors that the Canada Revenue Agency (CRA) has issued revised reassessments for the 2007 through 2013 tax years ...

March 27, 2023, 10:07 am

Here's why the u.s. had to sweeten terms to get the svb sale done

The winning bidder in the government's auction of Silicon Valley Bank's main assets got several concess...

March 27, 2023, 10:04 am

Alibaba shares climb after founder jack ma reportedly returns to china

Alibaba Group Holding Limited shares climbed after news broke that billionaire founder Jack Ma has reportedly returned to China, ending a stay overse...

March 27, 2023, 9:51 am

Saudi chairman of credit suisse's largest investor resigns

Ammar al-Khudairy stepped down less than two weeks after his comments set off a panic with the European lender's shareholders, prompting the Swiss...

March 27, 2023, 5:23 am

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....

March 27, 2023, 3:31 am

Can the government restore confidence in the banking industry?

Bank stocks are extremely volatile right now -- what will it take to calm the sector down?...

March 26, 2023, 7:11 am

Gdp growth in sub-saharan africa likely to slow in 2023

Inflation is expected to remain elevated longer in Sub-Saharan Africa than in other regions. The surge in global commodities prices in 2021 gave room ...

March 26, 2023, 6:00 am

U.s. weekly fundflows insight report: government-treasury funds set new weekly record with $8.3 billion in inflows

During Refinitiv Lipper's fund-flows week that ended March 22, 2023, investors were overall net purchasers of fund assets (including both conventional...

March 25, 2023, 8:33 am

Why exxonmobil stock was a drag on the market today

The crude oil price dropped notably on the last day of the week. Worries about the economy played a part in this, as did a pronouncement from a top U....

March 24, 2023, 9:34 pm

The 3 best hydrogen stocks to buy for the green energy revolution

Growing demand for renewable energy, supported by global government initiatives, is creating a potentia...

March 24, 2023, 6:03 pm

Instacart, doordash partner with white house in latest 'food is medicine' push

Finding healthy foods on an app might get a little easier. As part of the same initiative, the federal governm...

March 24, 2023, 1:38 pm

Here's why you should give tetra tech (ttek) stock a shot now

Tetra Tech (TTEK) benefits from growth in water and environmental programs in its government Services G...

March 24, 2023, 12:13 pm

Melco resorts: easing restrictions and government license provide tailwinds

The company posted weak results in Q4, but the performance improved sequentially. Melco is one of the six companies to be awarded a 10-year gaming con...

March 24, 2023, 1:17 am

Not just a fad: uncertainty makes case for gold etfs

Is the bank crisis really over? As quickly as it burst onto the scene, the bank discourse has quieted down following concerted...

March 23, 2023, 4:36 pm

Block calls hindenburg's claims inaccurate

Block Inc. shares tumbled after Hindenburg Research said it's betting on a decline in the stock, alleging the payments company led by Jack Dorsey f...

March 23, 2023, 2:44 pm

Bay area tech and biotech layoffs worsen, microsoft slashes more jobs

Tech and biotech layoffs have worsened in the Bay Area, a fresh round of cutbacks resulting from job cuts at tech titan Microsoft and genetic testing ...

March 23, 2023, 1:00 pm

Shotgun bank weddings like ubs and credit suisse are supposed to protect the financial system, but these rescues come with unseen risks

The global banking turmoil since Silicon Valley Bank's SIVB, -60.41% sudden collapse continues, despite an effort by...

March 23, 2023, 7:25 am

Is universal health services stock a bargain following hospital closure?

Closing down the 282-bed Desert Springs Hospital in Las Vegas hit UHS with a $57.6 million one-time charge. The end of...

March 23, 2023, 6:45 am


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