Roku's (NASDAQ: ROKU) earnings report left a lot to be desired for the streaming company. Revenue per user is falling despite a big jump in usage, and it seems there's little traction in the advertising business. Read More...
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Why did JPMorgan Chase buy First Republic out of receivership?
You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”
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