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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....
WPP-owned advertising agency seeks to tap trend for seeking medical information on social media
...$40mn of funding and you’re going to be able to increase product lines, and better revenues mean the company fundamentals will go up’,” said Mark Basile, a lawyer at The Basile Law Firm, who has used New York...
...The rate of new home construction also rose more than expected in February, jumping 10.7 per cent above the previous month to an annualised pace of more than 1.52mn....
...The pace of new home construction in the US fell in March to its lowest level since August 2023, but low inventory of existing homes continued to underpin demand for new builds....
...Economic data: New monthly residential construction is expected to have increased in February to an annualised pace of 1.42mn units, from about 1.3mn in January, according to economists polled by Reuters...
...“This won’t be the last of these stories,” said Adelaide Polsinelli, a longtime New York City broker and vice-chair at Compass....
Success of biosimilars in lowering prices will depend on decisions from powerful pharmacy benefit managers
...But a New York listing would do little to solve Wood’s woes. Given its £971mn market value, it is not clear what US index it would get into....
...Social media platform Reddit has picked the New York Stock Exchange as the venue for its long-delayed stock market debut, according to two people familiar with the plans, a victory for the exchange in its...
...The stock closed at $50.44 after trading began on Thursday at the New York Stock Exchange under the ticker RDDT, up 48 per cent from its IPO price of $34 a share....
...Although demand for construction equipment remained strong in North America, sales declined in Latin America, Europe and Asia....
...Then came the 1,046ft Chrysler Building, whose architect William Van Alen shrewdly concealed a 185ft spire within its tower until the final stages of construction....
...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...
...Construction spending: Data from the US Census Bureau is expected to show spending increased by 0.2 per cent in January, compared with a 0.9 per cent increase in December, according to economists polled...
...Handler’s remaining shares in New York-based Jefferies are worth more than $800mn. Bloomberg in 2021 estimated his net worth at more than $1bn....
...Copper is an important metal in the construction and manufacturing industries, and is vital for the green energy and electric vehicle sectors because of its ability to conduct electricity....
...Friday afternoon share price moves to note on the New York Stock Exchange include Applied Materials, Dropbox and Vulcan Materials: Applied Materials rose 7.3 per cent, making the semiconductor the top-performer...
...ESG Shareholder proposals Citigroup agrees to disclose green financing ratio Despite the backlash to environmental and social shareholder proposals, the New York City comptroller Brad Lander — who oversees...
...The Boise plant, which is under construction, should start chip production in 2026, while the two New York factories will come online in 2028 and 2029, respectively, senior US administration officials said...
Potential sale comes after Apollo’s $26bn offer was rebuffed
...The rate of new home construction in the US fell in January to its lowest level since August, while demand for new homes strengthened from a year earlier due to the lack of existing properties for sale....
...Shares in NYCB were down about 2 per cent by Wednesday lunchtime in New York....
...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...
...New residential construction project permits also fell sharply last year, according to the Partnership for New York City, down 55 per cent in the final quarter of 2023 from the same quarter of 2022....
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