Finance

PacWest Sells Real Estate Loans. The Stock Rises. Source link

Text size PacWest shares were rising early Monday. Getty Images PacWest Bancorp , a regional lender that’s come under fire from investors amid market turmoil, was rising early Monday as it sold off real estate loans. The stock (ticker: PACW) was up 4% in the premarket. It’s down about 50% over the past month. PacWest … Read more

Stock Prices of Office Landlords Plummet as Short Sellers Pile In Source link

1 hour ago Greek Markets Rally After Conservatives Trounce Opponents in Elections By Chelsey Dulaney Source link

By Jane Lanhee Lee and Stephen Nellis SANTA CLARA, California (Reuters) – U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing. The center, which will be based in Sunnyvale, California, … Read more

Text size Micron competes in the memory-chip market with Samsung and SK Hynix. Courtesy of Micron Micron Technology shares fell on Monday following news it faces a ban on selling chips to some Chinese companies. It’s could be seen as one of the biggest retaliations so far by China against U.S. efforts to restrict exports … Read more

33 min ago Stocks to Watch Monday: Micron, Meta, JPMorgan By Ben Dummett , Reporter Source link

Text size Beijing banned Chinese companies from buying chip from Micron Technology. Photograph by Tomohiro Ohsumi/Bloomberg Stock futures traded flat Monday with time running out on the White House and House Republicans to reach an agreement to raise the U.S. debt ceiling. These stocks were poised to make moves Monday:  Micron Technology (MU) declined 5.7% in … Read more

(Bloomberg) — Don’t be fooled into believing that the rally in US stocks is the beginning of a new bull market, according to Morgan Stanley’s Michael Wilson. Most Read from Bloomberg Wilson, among the most bearish voices on Wall Street, says there’s too much evidence, both fundamental and technical, pointing to market problems ahead. He’s … Read more

can i get life insurance on my parents You may want to buy a life insurance policy covering your parents and naming you as a beneficiary if you expect a significant financial impact from their deaths. Insuring a parent’s life can pay for burial expenses, fund an inheritance, support a charity, cover children’s college costs … Read more