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Tag: company

Business

First Republic Bank asks Lazard for help with strategic options assessment

Affumby AffumMarch 21, 20230

First Republic Bank FRC 29.47% strengthens his ranks of advisors as the troubled lender tries to stay afloat and plan for a post-crisis future amid …

Business

2 Things That Make Rivian Stock Behave Like Meta-Stocks

Affumby AffumMarch 20, 20230

Font size Rivian’s enterprise value lags behind other EV start-ups Lucid, Polestar and Fisker. Kevin Dietsch/Getty Images Stock in electric truck startup Rivian Automotive trading …

Business

Here’s what happens with the IRS after you file your taxes

Affumby AffumMarch 20, 20230

Jonathan Amy, a 74-year-old semi-retired neurologist in McLean, Virginia, is still awaiting a refund of nearly $10,000 on his 2020 taxes. His accountant filed his …

Business

The critical role of smaller banks in the economy means that distress increases the risk of recession

Affumby AffumMarch 19, 20230

Main Street businesses and American households are likely to find it more difficult to get a loan because of the turmoil in the banking sector, …

Business

Despite the market volatility, private investors went on a bargain hunt. These are the stocks they picked up, says Vanda.

Affumby AffumMarch 18, 20230

Turbulent financial markets, while the failure of three US banks and uncertainty about one major European bank continue to play a role, did not deter …

Business

‘I feel like a sucker’: I bought shares for $18 after an IPO. The insurer’s brokerage had a price target of $30. It fell under $1. How could they be so wrong?

Affumby AffumMarch 17, 20230

I bought a stock when it went public last year. A large brokerage firm was the underwriter and had a $30 price target on the …

Business

Opinion: Buffett likes cash dividends and here’s why you should too – plus 8 higher yielding stocks to get you started.

Affumby AffumMarch 17, 20230

In this uncertain stock market, one all-weather investment tactic is particularly sensible: treasury stocks that pay attractive dividend yields. “Dividends are paid out all the …

Business

Lumen debt exchange shows company plans to ‘fight it out’ amid investor doubts

Affumby AffumMarch 16, 20230

Lumen Technologies Inc. offers to execute a debt swap in what one analyst sees as management’s attempt to “fight it out” amid growing doubts about …

Business

T-Mobile buys Mint Mobile from Ryan Reynolds in a $1.35 billion deal

Affumby AffumMarch 15, 20230

Ryan Reynolds used his celebrity and wit to build Mint Mobile into a low-cost competitor in the overcrowded wireless business. Mr. Reynolds, co-owner of Mint …

Business

Where can I keep cash amid banking jitters? The same rules apply, say financial advisers

Affumby AffumMarch 15, 20230

Rising interest rates and stock market volatility over the past year have given extra allure to the high-yield savings accounts and certificates of deposit that …

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