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Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and more

These are the stocks posting the largest moves in midday trading.

Published 15 March 2023
Categorised as Finance News

Larry Fink: BlackRock is not the ‘environmental police’

In his annual letter, CEO Larry Fink said BlackRock’s recognition of the import of climate risk on finance does not make the company a political chess piece.

Published 15 March 2023
Categorised as Finance News

One of the best ways to figure out what the Fed will do next is to look at regional bank stocks

Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding interest rates.

Published 15 March 2023
Categorised as Finance News

Mohamed El-Erian says the Fed’s credibility is at stake as financial accidents spread

The chief economic advisor at Allianz said the Fed’s credibility is on the line, as a wipeout of Credit Suisse shares adds to a growing crisis.

Published 15 March 2023
Categorised as Finance News

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.

Published 15 March 2023
Categorised as Finance News

Financial shares fall as Credit Suisse becomes latest crisis for the sector

Wells Fargo, Citigroup and key regional bank stocks were among the names under pressure on Wednesday.

Published 15 March 2023
Categorised as Finance News

Larry Fink says more bank seizures could come, but it’s too early to know how widespread crisis is

BlackRock CEO Larry Fink said the banking crisis brought on by the collapse of Silicon Valley Bank could spread and worsen.

Published 15 March 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more

Shares of Credit Suisse and several other European banks were halted from trading as prices plummeted.

Published 15 March 2023
Categorised as Finance News

Retail egg prices fell in February — but the price drop may not last long

The average retail price of eggs fell in February for the first time in months but may rise again as Easter approaches, experts said.

Published 15 March 2023
Categorised as Finance News

Credit Suisse shares slide 21%, trading halted after Saudi backer rules out further assistance

Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day as the bank’s biggest backer says it can’t provide more financial help.

Published 15 March 2023
Categorised as Finance News

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