PACWP News and Press, PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock Series A From 06/26/23

2023-06-26 10:30:45 ET Summary Three of the thirty largest US banks collapsed earlier this year, raising concerns about the stability of the broader banking sector. Upcoming Federal Reserve stress tests and Q2 earnings reports will provide insight into the health of banks and the ...

2023-06-07 10:00:00 ET Summary Bank of America has delivered exceptional results over the last decade. BAC stock has been caught up in the banking malaise and has lost almost 50% from the peak. We tell you how you can make the case for investing in the stock and why it is stil...

2023-06-03 07:27:26 ET Summary PacWest Bancorp experienced extreme volatility in May but has shown positive progress since my previous BUY recommendation. PACW sold a real estate loan portfolio to Kennedy Wilson, strengthening regulatory capital ratios but eroding common equity. ...

2023-06-03 01:00:00 ET Summary May 2023 saw a rebound for dividend-paying companies in the U.S. stock market, with an increase in firms raising dividends and a decrease in dividend-paying firms. However, our sampling found 37 announcements of reduced, cut, or suspended dividends, ...

2023-05-29 09:00:00 ET Summary U.S. equity markets hovered around nine-month highs this past week as surprisingly solid economic data and earnings reports offset pressures from hawkish central bank rhetoric and a debt ceiling stalemate. Posting its highest end-of-week close since ...

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...

2023-05-20 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...

2023-05-19 12:00:44 ET Gainers: United Insurance Holdings ( UIHC ) +11% . Alset ( AEI ) +9% . Magic Empire Global ( MEGL ) +7% . SelectQuote ( SLQT ) +6% . Atlanticus Holdings ( ATLC ) +4% . Losers: Netcapital ( ...

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...

2023-05-16 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...