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Wall Street Breakfast

PacWest Confirms Sale Talks

Thu, 04 May 2023

Description

Banking conditions have improved; pause decision not yet made: Powell press conference (00:48) PacWest Bancorp (PACW) confirms sale talks following stock plunge (2:18). J&J (JNJ) spinout Kenvue (KVUE) raises $3.8B through upsized IPO, making it largest of year (08:06).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Restaurant M&A: Darden Restaurants to acquire Ruth's Hospitality in $715M dealApollo-led group nears acquisition of Arconic for $30 a share - WSJJ&J talc bankruptcy judge pushes both sides into settlement talksIcahn Enterprises falls for second day amid short call; Icahn net worth dropped $3B on Tuesday (update)United Airlines outlines aims to hire 50,000 workers by close of 2025Mike Fay Investing Group leader of BlockChain ReactionPacWest Bancorp Plummets On Renewed Solvency Concerns

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