FRESNO, Calif.--(BUSINESS WIRE)--Community West Bancshares (NASDAQ: CWBC), Fresno, California, parent company of Community West Bank and United Security Bancshares (NASDAQ: UBFO), parent company of United Security Bank, Fresno, California, announced today that they had signed a definitive merger agreement pursuant to which the companies will combine in an all-stock merger transaction. Following the merger of United Security Bancshares with and into Community West Bancshares, United Security Ban. ...

Uniform Labs, a blockchain infrastructure company founded by former Standard Chartered, UniCredit and other digital banking executives, has put its institutional liquidity protocol Multiliquid into production following build, audit and testing phases, the company said in a press release Wednesday. Multiliquid is designed to allow institutions to swap instantly, around the clock, between blue-chip tokenized money market funds and stablecoins, aiming to remove the days-long redemption lags and liquidity con ...

Core Viewpoint - The analyst has assigned a hold rating to Diageo PLC (DGEAF) in June, indicating a desire for more signs of recovery in the core spirits segment before making further investment decisions [1]. Company Analysis - The investment approach focuses on identifying undervalued companies with long-term growth potential, emphasizing a blend of value investing principles and long-term growth [1]. - The strategy involves purchasing quality companies at a discount to their intrinsic value and holding them to allow for compounding of earnings and shareholder returns [1].

Core Viewpoint - The focus is on creating a portfolio that emphasizes growth and dividend income, aiming for an easy retirement through compounding dividend income and growth [1]. Group 1: Investment Strategy - The investment strategy is centered around generating monthly dividend income that increases through reinvestment and annual raises [1]. Group 2: Personal Position - The individual has a beneficial long position in STWD shares, indicating confidence in the stock's performance [1].

The Depository Trust & Clearing Corporation (DTCC) has partnered with Digital Asset Holdings and the Canton Network to enable the tokenization of DTC-custodied U.S. Treasury securities. DTCC said this is its first move toward making DTC-custodied assets available on-chain, as traditional financial institutions continue to explore regulated, scalable blockchain applications. Earlier this month, the U.S. Securities and Exchange Commission cleared the way for DTCC to advance its expansion into blockchain-ba ...

Core Viewpoint - Shares of Netflix have declined nearly 30% from their all-time highs due to a disappointing third-quarter performance and speculation regarding the company's potential acquisition of Warner Bros. [1] Company Summary - Netflix's stock performance has been negatively impacted, with a drop of close to 30% from peak levels [1] - The company reported a tough third-quarter result, contributing to the decline in share price [1] - There are reports indicating that Netflix is considering acquiring Warner Bros., which may influence future strategic direction [1] Industry Summary - The video streaming industry is facing challenges, as evidenced by Netflix's recent performance [1] - The potential acquisition of Warner Bros. could signify a shift in competitive dynamics within the streaming sector [1]

Netflix stock (NASDAQ: NFLX) surged in pre-market trading on Wednesday after Warner Bros. Discovery's (WBD) board officially recommended that shareholders accept Netflix's $82.7 billion acquisition of... ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

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The September inflation reading of 3% represents moderate price growth, which is above the Federal Reserve's long-term target of 2% but well below the elevated rates seen in 2022 and early 2023. ...