April 6 (Reuters) - Bank holding company PacWest Bancorp said on Thursday it would buy CU Bancorp in a cash-and-stock deal valued at about $705 million.
PacWest offered 0.5308 of its share and $12 in cash for each CU Bancorp share, the companies said. (Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
As top growth stocks like Nvidia fall below key moving averages, keep in mind these proven rules for when to sell stocks.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
While more older boomers tend to have a pension, a looming wave of younger retirees are about to strain the economy and Social Security.
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
A measure of calm was returning after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
(Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, leading a sharp decline among technology stocks with exposure to artificial intelligence.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits City‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapIsrael Reported to Have Launched Retaliatory Strike on IranThe maker