FRC News and Press, FIRST REPUBLIC BANK From 03/21/23

2023-03-21 12:48:20 ET Gainers: U.S. Xpress Enterprises ( USX ) +299% . Dermata Therapeutics ( DRMA ) +81% . First Republic Bank ( FRC ) +40% . Starbox ( STBX ) +36% . BigBear.ai ( BBAI ) +31% . Envirotech Vehicles ( EVTV ...

2023-03-21 12:07:11 ET Shares of several regional banks rose today as financial institutions struggling in the wake of the Silicon Valley Bank meltdown continued to try and work through their issues. Regulators also made more supportive comments this morning. First Republic 's (NY...

2023-03-21 12:00:00 ET Regional banks are a type of financial institution that provide banking services to customers within a specific geographic area. These banks are often more focused on serving local communities and may specialize in working with small businesses or individuals in the r...

2023-03-21 10:51:08 ET Summary Wells Fargo & Company remains a well-capitalized and strong bank, but margins are relatively modest. This is not too encouraging from a profitability point of view, as the company can only raise deposit rates in a limited manner without jeopardiz...

2023-03-21 09:59:20 ET Summary Berkshire Hathaway CEO Warren Buffett is reportedly in talks about investing in regional banks, reviving shattered buying sentiments. Berkshire is Ally Financial Inc.'s second-largest shareholder. A research firm speculated that Ally Financial could ...

2023-03-21 09:21:39 ET Armstrong World Industries ( NYSE: AWI ) on Tuesday was downgraded to Hold from an investment rating of Buy by analysts at Deutsche Bank. They said the maker of construction materials faces less demand for non-residential construction amid worries about th...

2023-03-21 08:27:19 ET The futures pointed to a higher start to Tuesday's trading. An early rally would build on gains posted the previous day, when Wall Street got a boost from easing fears about the banking system. Here are some stocks to watch on Tuesday: First Republic ( NYSE: ...

2023-03-21 07:34:54 ET Officials at the U.S. Treasury Department are reportedly studying ways to guarantee all bank deposits if tremors in the banking system spiral into a full-blown financial crisis. Authorities don't yet see full FDIC coverage as necessary, but they are exploring a le...

2023-03-21 07:25:25 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify First Republic ( FRC ) recovers from record low on new rescue plan (00:40). Judge allows suits over JPMorgan (JPM), Deutsche Bank ( DB ) ties w...

2023-03-21 05:35:38 ET After closing session at a record low on Monday, First Republic Bank ( NYSE: FRC ) has managed some recovery, climbing as much as 21% premarket on Tuesday. The rebound comes as investors swallow an aid proposal from JPMorgan ( JPM ) to stabilize th...