UPDATE 2-U.S. businesses swarm coronavirus bailout fund after days of confusion [Reuters (UK)]
FIRST REPUBLIC BANK (FRC)
Last first republic bank earnings: 4/14 06:50 am
Check Earnings Report
US:NYSE Investor Relations:
ir.firstrepublic.com
Company Research
Source: Reuters
Amid confusion, U.S. small business bailout program off to rocky start - Reuters 5 Min Read (Reuters) - A flood of loan applications from coronavirus-hit businesses inundated lenders on Friday as the U.S. government launched its $349 billion bailout fund for small and midsize companies amid widespread confusion about just how the program works. The Trump administration was still finalizing details, including the interest rate, as late as Thursday evening, leaving borrowers and lenders alike frustrated at the lack of information. “It’s not like you just snap your fingers and, ‘Oh, let’s start offering this brand new loan product where we just found out the interest rate yesterday,’” said Scott Pearson, a lawyer at Manatt, Phelps & Phillips who advises commercial and investment banks on compliance. “Any bank that’s able to offer loans today, they should get a medal.” The loan program, part of a $2 trillion economic rescue package, is aimed at businesses with fewer than 500 employees, a
Show less
Read more
Impact Snapshot
Event Time:
FRC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FRC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FRC alerts
High impacting FIRST REPUBLIC BANK news events
Weekly update
A roundup of the hottest topics