NYCB restated recent quarterly earnings lower by $2.4 billion, formally replaced its CEO and delayed the release of a key annual report.
Schlagwort-Archiv: Markets
Shares of NYCB fall more than 20% after bank discloses ‚internal controls‘ issue, CEO change
The regional bank has been under pressure in recent months, in part due to concerns about its exposure to commercial real estate.
‚Ghosting‘ gets more common in the job market: It’s not a ‚passing fad,‘ report says
Job applicants and employers are increasingly ghosting each other, data suggests. That behavior may be unwise, according to career experts.
Daimler Truck surges 15% to new record on bumper earnings, buyback announcement
The German truck maker posted better-than-expected pre-tax earnings of $5.5 billion euros for 2023, up 39% on the previous year’s 4.4 billion.
Dell shares soar 15% after beating earnings expectations, cites rising demand for AI servers
Shares of Dell Technologies popped in extended trading Thursday after the company released fourth-quarter results.
Online trading platform Webull is set to go public via a $7.3 billion SPAC deal
The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the second half of the year.
Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally
The iShares Bitcoin Trust (IBIT) has already seen a record number of shares traded on Wednesday.
First Solar jumps on strong quarter, record backlog in rare bright spot for beaten-down renewable sector
First Solar is one of the few companies that has weathered the sharp downturn in the solar sector.
Geely-backed car tech company takes aim at Nvidia’s growing auto business
The electric car rush is creating demand for in-vehicle tech that companies from Nvidia to Huawei are chasing.
Paramount falls short of revenue expectations but posts surprise profit, strong streaming results
Paramount+ reached 67.5 million subscribers during the period, a net increase of 4.1 million, and recorded 69% revenue growth year over year.