Regional bank turmoil rattles investors, Apple beats on top and bottom lines, Kenvue starts trading

Regional bank turmoil rattles investors, Apple beats on top and bottom lines, Kenvue starts trading



What is closing time here at Yahoo Finance? Okay, you caught up on some of the biggest headlines of the day. Regional banks tumbling again today, among them Pacific Western, which says in a statement it is for potential asset sales adding, it has been approached by several potential partners and investors. And shares of First Horizon's Bank after it merged its merger agreement with TD Bank with Scraft because of regulatory hurdles. The ongoing turmoil with regional banks rattled investors with all three of the major indices closing lower. Shana. An apple releasing its second quarter results after the market closed. The tech giant beating on both the top and bottom lines.

It also announced it would boost its share buyback plan by up to 90 billion. We're looking at gains of just about 1% in extended trading. And finally Johnson & Johnson spin-off Ken View started trading today. It is the largest IPO since 2021. Ken View brands include the childhood names like Tylenol, Band-Aid and Listerine. Shares opened at $25.53 a share.

You see it getting a big pop there. And that opening number right above that initial price of $22 a share, it ended the day more than 20% higher, closing at $26.90 a share.



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