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PacWest Bancorp s plan to sell $2 6 billion real estate loans calms investors

PacWest Bancorp s shares climbed 13% in premarket trading on Tuesday, extending gains from the previous session after the bank s plan to sell $2.6 billion worth of its loan portfolio to build. | May 23, 2023

Trending: Broadcom, Apple Extend Chip-Supply Deal

14:02 EDT Broadcom is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Apple said it is extending its chip-supply agreement. | May 23, 2023

China stocks extend losses on disappointing economic recovery

China stocks slipped on Wednesday, extending losses from the previous session following disappointing economic data for April, prompting some economists to downgrade the country s growth forecasts. . | May 17, 2023

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