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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (83845)1/31/2024 10:19:20 AM
From: towerdog2 Recommendations

Recommended By
ajtj99
bull_dozer

  Read Replies (1) | Respond to of 96687
 
BANKING
New York Community Bancorp Inc.’s stock fell 37% Wednesday after it posted a surprise loss, built up its reserves and signaled trouble with two loans.

The bank also said it would cut its dividend by more than two-thirds to build up capital to meet regulatory requirements as a larger Category IV bank with assets of $100 billion to $250 billion.

msn.com

A rotten apple can spoil the barrel. I'm starting to build up some short positions.