FRC News and Press, FIRST REPUBLIC BANK From 05/02/23

2023-05-02 05:36:15 ET Treasury Secretary Janet Yellen confirmed that the United States could see an unprecedented default as early as June 1, 2023. In a letter to the US Congress, Yellen urged lawmakers to raise the debt ceiling, and argued, After reviewing recent federal...

2023-05-01 23:53:08 ET Summary My portfolio, built specifically for my retirement ~20 years from now, features growth, dividends, and risk stocks for a happy retirement. Great performances by Arrowhead Pharmaceuticals and Meta propelled my portfolio again to all-time highs and mar...

Axon Enterprise Set to Join S&P 500; STAG Industrial to Join S&P MidCap 400 Axon Enterprise Set to Join S&P 500; STAG Industrial to Join S&P MidCap 400 PR Newswire NEW YORK , May 1, 2023 /PRNewswire/ -- S&P MidCap 400 constituent Axon Ente...

2023-05-01 17:45:47 ET Bitcoin ( BTC-USD ) sank to below $27K in Monday late afternoon trading amid speculation that JPMorgan's ( JPM ) takeover of First Republic Bank ( FRC ) could help contain the regional banking crisis. The largest cryptocurrency by market cap retreate...

2023-05-01 17:28:35 ET STAG Industrial ( NYSE: STAG ) jumped 6.7% after hours Monday on word that the stock would be moving into the S&P MidCap 400 index. That's a ripple effect from Axon Enterprise's ( NASDAQ: AXON ) promotion to the S&P 500. Axon, with a ...

2023-05-01 16:02:56 ET Ahead of crucial news due out later in the week, Wall Street largely moved sideways on Monday. Investors held their fire with key earnings reports and the Federal Reserve's next interest rate decision set to be announced in the coming days. The Nasdaq Composite ( ...

2023-05-01 14:55:33 ET Q2 Holdings ( NYSE: QTWO ) disclosed that failed regional lender First Republic Bank ( NYSE: FRC ) is a customer of Q2 and accounted for around 2.5% of its total revenue for the year ended Dec. 31, 2022, according to an SEC filing dated Monday. ...

2023-05-01 14:50:44 ET Summary JPMorgan Chase & Co. once again takes the lead when things go wrong. The purchase of First Republic Bank may have been a bargain, but it is not without risk. This could be the beginning of a new financial crisis. History repeats its...

2023-05-01 13:10:00 ET Summary CashFlow Hunter returns to discuss launching his new Investing Group, Catalyst Hedge Investing. Coinbase not evolving from early mover status in crypto; Bitcoin a solution looking for a problem. 3M not a difficult short, dividend at risk. Spe...

2023-05-01 12:58:33 ET The FDIC took over First Republic Bank (NYSE: FRC) , and sold it to JPMorgan Chase (NYSE: JPM) in a deal that came together over the weekend, giving JPMorgan a lot of wealthy (and profitable) new banking relationships. Does the deal make it worth buyin...