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

2023-05-23 09:41:57 ET Stock index futures moved lower just before the market open on Tuesday morning, spurred by lawmakers' failure to make progress in discussions about raising the debt ceiling. Declines were relatively modest, with the Nasdaq Composite leading the way lower with a dr...

2023-05-23 08:29:22 ET CohBar ( CWBR ) +100% Enter into Definitive Merger Agreement to Advance an Innovative Late-stage Clinical Immuno-oncology Pipeline of Therapies to Overcome Resistance to Cancer Immunotherapy. HeartCore Enterprises ( HTCR ) +59% Q1 earnings call rel...

2023-05-22 16:18:58 ET PacWest Bancorp (NASDAQ: PACW) was having a very good day Monday, as its stock price was up about 21.6% as of 2:50 p.m. ET. It had been up as much as 24.8% on the day. The stock was trading at about $7 per share at that time, down roughly 69% year to date. ...

2023-05-22 12:02:32 ET Gainers: Greenhill & Co. ( GHL ) +117% on takeover talks . Ohmyhome ( OMH ) +16% . Upstart Holdings ( UPST ) +15% . Netcapital ( NCPL ) +13% . PacWest Bancorp ( PACW ) +12% on loans deal . ...

2023-05-22 08:24:39 ET PacWest Bancorp ( NASDAQ: PACW ) stock climbed 7.2% in Monday premarket trading after the regional lender agreed to sell a portfolio of 74 real estate construction loans with a principal balance of around $2.6B to a subsidiary of real-estate investment fir...

2023-05-20 09:00:00 ET Summary John's retirement accounts generated a total of $2,215.32 of dividend income for April 2023 vs. $1,958.89 of dividend income for April 2022. John's Traditional IRA had a balance of $347.4K as of April 30, 2023, vs. $362.5K on April 30th, 2022. The es...

2023-05-18 15:02:41 ET Fitch Ratings downgraded its long-term issuer default rating for PacWest Bancorp ( NASDAQ: PACW ), which has seen its stock sink after the March bank failures, to junk status (BB+) from investment grade (BBB-), according to a Thursday release. The move was...

2023-05-18 13:27:23 ET Shares of many bank stocks rallied this week after being sold off heavily last week. Banks got a lift along with the broader market on news that debt ceiling discussions were progressing, but there was also industry-specific and company-specific news. Shares of th...

2023-05-18 08:22:22 ET Alimera Sciences ( ALIM ) +46% jumps 48% on deal with EyePoint for eye disorder therapy Yutiq. Infobird  ( IFBD ) +38% . WANG & LEE GROUP ( WLGS ) +35% . Eltek  ( ELTK ) +28% Q1 earnings call release ...

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. ...