Another Plummet for New York Community Bancorp (NYSE:NYCB) – TipRanks.com – TipRanks
One might have thought the worst was behind bank stock New York Community Bancorp (New York Stock Exchange: New York CB). Unfortunately, some people may be wrong. New York Community shares fell another 42% in afternoon trading on Wednesday, even as trading was suspended following new reports suggesting the bank was desperately searching for cash. […]
Another Downgrade Hits New York Community Bancorp (NYSE:NYCB), Shares Recover Anyway – TipRanks.com – TipRanks
New York Community Bancorp (New York Stock Exchange: New York CB) Shares soared nearly 15% in the final minutes of trading Friday, despite criticism from analysts and a credit downgrade. On Thursday, NYCB suffered its third straight credit downgrade, as Morningstar joined the frenzy of credit cuts started by Moody’s and taken over by Fitch. […]