Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Vernon Hill, the former chair of UK retail lender Metro Bank, is asking a federal court to block a move by his boardroom adversaries to oust him as chair of a US bank called Republic First Bancorp. Hill was dismissed in 2007 from Commerce Bancorp in the US after a probe by a federal regulator into his dealings with related parties, including real estate transactions involving him and his relatives. In 2010, he established Metro Bank, the first high street bank to launch in the UK in more than a century.
First Republic Bank (FRC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.