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Pacwest stock tanked, then soared, on the same takeover news

The deal was bad news for the California bank's shares, until it was less bad....

July 26, 2023, 11:10 am

Pacwest shares soar after merger with rival banc of california

Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-...

July 26, 2023, 10:00 am

Science applications (saic) grabs $91m contract from navair

Science Applications (SAIC) wins a $91 million deal from the U.S. Naval Air Systems Command under which...

July 26, 2023, 8:40 am

Tmgm becomes chelsea’s apac partner in a multi-year deal

Jurasek commented: This new relationship aligns our shared commitment to innovation and we look forward to building this partnership and introducing T...

July 26, 2023, 8:07 am

Banc of california and pacwest bancorp deal well received by the market

In a significant development in the banking sector, Banc of California (NYSE:BANC) and PacWest Bancorp have announced their intention to merge, formin...

July 26, 2023, 7:59 am

Pacwest (pacw) & banc of california (banc) soar on merger deal

PacWest (PACW) and Banc of California (BANC) announce an all-stock merger deal....

July 26, 2023, 7:55 am

Tc energy (trp) sells pipeline stake to gip in a $3.9b deal

TC Energy (TRP) plans to sell a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission systems to Global Infrastructure Partners...

July 26, 2023, 7:55 am

Ups-teamsters deal threatens to keep inflation elevated

The tentative agreement reached by UPS and the Teamsters on Tuesday includes substantial pay increases for workers, threatening to keep inflation elev...

July 26, 2023, 7:11 am

Midaxo builds strong momentum during first half of 2023

Major Product Update, Continued Customer Growth, and New Funding Demonstrate Accelerating Opportunity for Corporate...

July 26, 2023, 7:07 am

Alibaba cloud to support meta ai model for chinese users. why it's a big deal.

The surprise move will allow businesses and developers in China to use the open-source artificial intelligence....

July 26, 2023, 4:58 am

Pacwest stock soars on $1.1 bln buyout deal

PacWest Bancorp's shares rose nearly 38% in premarket trading on Wednesday, a day after smaller rival Banc of California agreed to buy the lender for ...

July 26, 2023, 4:47 am

Sandridge's accretive acquisition confirms improved capital allocation

SandRidge Energy has increased its working interest in 26 wells in the Northwest Stack play, producing a net 500 boe/d with 30% oil. The purchase pric...

July 26, 2023, 2:09 am

Dow jones newswires: nextpoint strikes restructuring deal to sell assets

NextPoint Financial has reached a restructuring deal to sell assets and substantially reduce its debt. ...

July 25, 2023, 11:59 pm

Why irobot stock fell today

iRobot has a deal in place to be acquired by Amazon, but it has taken longer than expected to close. Th...

July 25, 2023, 8:34 pm

Nextpoint strikes restructuring deal to sell assets

NextPoint Financial NACQF, +11.36% has reached a restructuring deal to sell assets and substantially re...

July 25, 2023, 7:59 pm

Banc of california and pacwest to merge, raise $400 million in equity

Banc of California and PacWest Bancorp will merge in an all-stock deal to create a bank with $36 billio...

July 25, 2023, 6:00 pm

Why ups stock couldn't deliver for investors on tuesday

The logistics powerhouse agreed to a tentative labor deal. The Teamsters' high praise for the arrangeme...

July 25, 2023, 5:12 pm

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 j...

July 25, 2023, 5:09 pm

The us treasury auctions off $43 billion of five-year notes at a high yield of 4.17%

High yield 4.17%WI level at the time of the auction 4.166%Tail 0.4 basis points vs a six-month average of -0.7 basis pointsBid to cover 2.60X versus s...

July 25, 2023, 5:03 pm

Amazon lowers price for roomba maker irobot after deal faces antitrust scrutiny

Amazon has dropped its price per share for robot vacuum maker iRobot after the companies faced pushback from regulators in the U.S. and in Europe....

July 25, 2023, 4:25 pm


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