News
This Stock Is the Big Winner in the Collapse of First Republic Bank
Life comes at you fast in a banking crisis. Megabank JPMorgan Chase (NYSE: JPM) acquired First Republic Bank in a fast-moving auction just hours after the Federal Deposit Insurance Corporation
JPMorgan Chase Expects the First Republic Deal to Boost Profit by $500 Million. But That Seems Conservative
JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, recently purchased most of the assets of First Republic (NYSE: FRC) from the Federal Deposit Insurance Corp. (FDIC) after First
89% of Warren Buffett's $347 Billion Portfolio Is Invested in Only 11 Stocks
For longtime investors, there's perhaps no bucket-list event that tops attending Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) annual shareholder meeting in Omaha, Nebraska. The annual meeting
Fifth Third Bank Surprises Louisville and Charlotte Families on Fifth Third Day with Gift of College Savings
Fifth Third Bank, National Association, surprised 94 newborns and their families for being born on a special day: 5/3. Babies born across 17 hospitals in the Charlotte and Louisville areas on
First Horizon Is No Longer Getting Acquired -- Shares Are Tanking
Shares of the roughly $80 billion asset First Horizon (NYSE: FHN), based in Memphis, Tennessee, treaded nearly 40% down as of 10:14 a.m. ET today after it and Toronto-Dominion Bank (NYSE: TD)
Why Doesn't Berkshire Hathaway Pay a Dividend?
In the nearly 60 years since Warren Buffett took control of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the company has produced excellent returns -- and a big part of it has to do with several
A Recession May Be Looming: 4 Things the Smartest Investors Are Doing Right Now
For months, economists have debated the likelihood of a recession. While the future is still uncertain, more experts are expecting it to happen in the relatively near future.
Officials at the
Progressive (PGR) Q1 2023 Earnings Call Transcript
Image source: The Motley Fool.
Progressive (NYSE: PGR)Q1 2023 Earnings CallMay 03, 2023, 9:30 a.m. ET
Doug Constantine
Source Fool.com
Warren Buffett's Big AI Bet
Sometimes it's better to be lucky than good. But the true greats like Warren Buffett are both. His holding company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) began buying shares of iPhone maker
Swiss Re reports a first-quarter net income of USD 643 million
EQS-News: Deutsche Wohnen SE Publishes Preliminary Results for 3M 2023
EQS-News: Vonovia makes a solid start into the new financial year with a healthy core business and sells properties to CBRE Investment Management for €560 million
EQS-News: Vonovia SE: 1,350 residential units to be sold to CBRE Investment Management for a total of ca. EUR 560m
EQS-Adhoc: Vonovia SE and Deutsche Wohnen SE sell 5 assets with 1,350 residential units to CBRE Investment Management
BlackRock Tasked With Cleaning Up Banking Mess
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BlackRock, the
Wells Fargo Bank Increases Prime Rate to 8.25 Percent
Wells Fargo Bank, N.A., said today it is increasing its prime rate to 8.25 percent from 8.00 percent, effective tomorrow, May 4, 2023.
This press release features multimedia. View the full
Here's the Real Reason JPMorgan Chase Wanted to Buy First Republic
Recently, JPMorgan Chase (NYSE: JPM) acquired most of the assets and certain liabilities from First Republic (NYSE: FRC), which was seized by state regulators and placed into receivership under the
3 Top Canadian Bank Stocks to Buy in May
The U.S. banking sector was rocked by a string of bank failures in 2023, shaking the confidence of investors and bank customers alike. If you are looking for investment opportunities in the fallout
Why Ventas Stock Rallied More Than 10% in April
Shares of Ventas (NYSE: VTR) jumped 10.8% in April, according to data provided by S&P Global Market Intelligence. The healthcare real estate investment trust's (REIT) rally came despite some mixed
EQS-News: Annual General Meeting of Hannover Rück SE adopts all proposed resolutions
Wells Fargo & Company Announces Common Stock Dividend
Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.30 per share, payable June 1, 2023, to stockholders of record on May 5
Wells Fargo and T.D. Jakes Group Announce Ten-Year Strategic Partnership to Build Inclusive Communities
Wells Fargo & Company (NYSE: WFC) and the T.D. Jakes Group, which includes T.D. Jakes Real Estate Ventures, LLC (TDJREV), TDJ Enterprises (TDJE) and T.D. Jakes Foundation (TDJF), today announced a