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...New York Community Bancorp and its chief risk officer parted ways shortly before the regional US lender reported larger than expected losses from real estate lending that hammered the bank’s stock....
...Apple has said that, from next month, it will disable access to the web apps in the EU....
...New York Community Bancorp shares shed a quarter of their value on Friday after the regional lender disclosed it had replaced its chief executive and identified “material weaknesses” in internal controls...
...Shares of New York Community Bancorp plunged on Wednesday after the lender that bought failed Signature Bank in the middle of last year’s regional banking turmoil cut its dividend to boost its capital and...
...The 44 per cent collapse in New York Community Bancorp’s share price this week is a reminder of how tough navigating these two roadblocks will be....
...Apple has been offering rare discounts to bolster demand, and chief executive Tim Cook has made several trips to China since the easing of pandemic restrictions, visiting suppliers, officials and Apple employees...
...New York Community Bancorp, with $115bn or so in assets, is having serious problems, and the broad market (here represented by the S&P 1500) indifferent: Admittedly the regional bank index is underperforming...
...But Apple has performed very badly (down 8 per cent to the market’s 11 per cent gain) and Tesla horrendously (down 30 per cent): Tesla’s performance may be worse, but it is not as worrying as Apple’s, from...
...New York Community Bancorp shares fell 38% on Wednesday, partly on worries about the bank’s exposure to commercial real estate....
...Epic largely lost a high-profile legal case against Apple in the US....
...Where’s Apple’s ChatGPT? Where’s its . . . uh, Motorola StarTAC? Apple has no product in foldables (1% of market, used to be 20%), and there appears to be no obvious AI strategy. 7....
...(Ethan Wu) Apple lawsuits: different this time?...
...Some of those costs are immediate and obvious, and they directly affect Apple’s own customers: Apple inflates the price for buying and using iPhones while preventing the development of features like alternative...
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...The DoJ case against Apple will turn on whether it can show the company has monopoly power in the smartphone market — and whether its evidence is similarly deemed strong enough to show that Apple deliberately...
...Apple’s mammoth buyback programme could be one casualty. In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
...Shares in New York Community Bancorp meanwhile fell by a quarter on Friday after the regional lender delayed its annual report, saying it had found material weaknesses in the internal controls that guide...
...Apple’s ebitda margin last year was 34 per cent. Tesla’s was 9 per cent. So was GM’s. Cutting costs is also a priority for Apple as sales growth slows....
...This came after workers in Apple retail outlets accused the company of “intimidation tactics to deter organising”, claims denied by Apple....
Regional lender’s shares plunge 40% but recover following news of a deal to shore up its finances
...Apple, however, is so far missing out on much of that broader industry recovery....
Industry earnings weighed down by one-off charges to replenish federal deposit insurance after regional banking crisis
...Research, pointing to Apple’s decision to stop disclosing iPhone unit sales in 2018....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...“I should have done some work on Apple,” he lamented on CNBC’s Squawk Box last year....
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