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The economy is doing well, but it's not strong in my view, says First Horizon CEO Bryan JordanFirst Horizon CEO Bryan Jordan joins 'Mad Money' host Jim Cramer to talk quarterly earnings.
Persons: it's, Bryan Jordan, Jim Cramer
The stock of Club holding Morgan Stanley (MS) dropped to $70 from $100 before bouncing back to $80 when interest rates recently peaked. Morgan Stanley and Schwab did nothing bad or shameful, but their multiples are shadows of their former selves. At least Morgan Stanley has a nice dividend yield of 4.25%. Key, Huntington, First Horizon, Morgan Stanley and Schwab are all good franchises that are regarded as cheap. The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.
Persons: It's, Huntington Bancshares, Stephen Steinour, Chris Gorman, Bryan Jordan, Morgan Stanley, That's, Charles Schwab, Schwab, We're, Macy's, Albert Bourla, Myers, Meyers, Eli Lilly, let's, Mills, Campbell Soup, WK Kellogg, McCormick, Neutrogena, Johnson, Edwards, Zimmer Biomet, Becton Dickenson, Baxter, BAX, Ford, Hess, Tesla, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dominion, Federal Reserve, Nordstrom, Pfizer, Bristol, Myers, Hostess Brands, Novo Nordisk, PepsiCo, Hershey, Brands, Spice, Johnson, Moderna, American Electric Power, Duke Energy, Motors, JetBlue, EOG Resources, ConocoPhillips, Exxon Mobil, Nvidia, Apple, Federal Trade Commission, CNBC, Santiago, Getty Locations: Huntington, Memphis, Tennessee, Toronto, United States, Celgene, Bristol, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst Horizon CEO: The banking system has reached a very strong and stable pointFirst Horizon CEO Bryan Jordan joins 'Squawk on the Street' to discuss how Jordan would characterize the quarter relative to earlier in the year, what's driving the company's deposit growth, and his thoughts on the current credit environment.
Persons: Bryan Jordan, Jordan, what's
First Horizon CEO Bryan Jordan goes one-on-one with Jim CramerFirst Horizon Chairman, President and CEO Bryan Jordan joins 'Mad Money' host Jim Cramer to talk regional banking, financials and more.
Persons: Bryan Jordan, Jim Cramer Organizations: Horizon
New York CNN —First Horizon and TD Bank have called off a $13 billion deal that would have formed America’s sixth-largest bank, adding to the turmoil sweeping the country’s regional lenders. But regional banks have been losing the confidence of investors and customers since the March collapse of Silicon Valley Bank and Signature Bank. On Monday, a third regional bank, First Republic, failed and JPMorgan purchased most of its assets. Other regional bank stocks have tumbled in recent days after First Republic’s failure. Customers had been moving their money to bigger banks, leaving some regional banks without the cash they need to pay for withdrawals.
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