PACW News and Press, PacWest Bancorp From 05/18/23

2023-05-18 04:12:29 ET Summary Scion Asset Management, run by famed investor Michael Burry, submitted its 13-F report lately. The investment company heavily bought into battered U.S. regional bank stocks. 13-F disclosures can tell investors where the smart money flows. ...

2023-05-18 01:21:44 ET Summary We dive under the hood of one of the most influential hedge fund managers in the world, analyzing Scion Asset Management's moves based on their first quarter 13F filing. The report highlights that U.S. equity-based assets under management have increa...

2023-05-17 12:01:12 ET Gainers: National Western Life Group ( NWLI ) +40% on strategic alternatives review . SelectQuote ( SLQT ) +33% on executives buying shares. PacWest Bancorp ( PACW ) +19% on Western Alliance update . Harbor Cus...

2023-05-17 11:01:30 ET Shares of bank stocks are rallying today after Western Alliance Bancorporation (NYSE: WAL) issued a positive update on its deposit trends this morning. Shares of Western Alliance traded more than 10% higher as of 10:20 a.m. ET today. Meanwhile, shares of ...

2023-05-17 08:29:00 ET Smart for Life ( SMFL ) +37% . Sunrise New Energy  ( EPOW ) +32% FY earnings call release Eightco Holdings  ( OCTO ) +22% Signs Inventory Management Agreement with Prominent Electronics Distributo GD Culture Group&#x...

2023-05-16 18:13:12 ET Summary 13-F filings for Q1 came out earlier this week, offering a wealth of information about what stocks big-name investors are buying and selling. Of all of the 13-Fs, Michael Burry's are consistently among the most interesting. Burry appears to have ...

2023-05-16 13:16:00 ET Summary We have had now, officially, 4 U.S. Bank failures with First Republic, Silicon Valley, Silvergate and Signature Bank. We have PacWest, Western Alliance and Zions are the next banks that are in discussion to be on the brink. During the pandemic, b...

2023-05-16 05:16:42 ET Regional bank stocks got some rare love on Monday as traders gave some confidence to a sector that has been under a shadow since March. PacWest ( NASDAQ: PACW ) rose 18% after falling 21% last week, while other regionals like Zions Bancorporation (...

2023-05-16 02:05:00 ET Summary After a mixed week of results, S&P 500 EPS growth for Q1 2023 falls slightly from last week, now set to come in at -2.5%. Potential earnings surprise this week: boohoo group. Retailers out in full force this week: HD, LOW, TGT, WMT, TJX, ROST...

2023-05-15 07:40:05 ET Stock futures tracked to the topside on Monday morning after Wall Street’s averages finished lower last week. At the moment, Nasdaq futures ( NDX:IND ) picked up 0.2% , the S&P futures ( SPX ) gained 0.3% , and the Dow ...