financetom
Business
financetom
/
Business
/
New York Community Bancorp Shares Jump After Fitch Affirms Ratings
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
New York Community Bancorp Shares Jump After Fitch Affirms Ratings
Mar 7, 2024 7:45 AM

10:26 AM EST, 03/07/2024 (MT Newswires) -- New York Community Bancorp ( NYCB/PU ) shares jumped more than 12% in recent Thursday trading after Fitch Ratings affirmed the long- and short-term issuer default ratings of the company BB+ and B, respectively.

Fitch said its affirmation followed the company's announcement on Wednesday of a $1.05 billion capital investment by Liberty Strategic Capital, Hudson Bay Capital, Reverence Capital Partners, Citadel Securities and other investors.

Trading volume stood at nearly 68 million shares, versus a daily average volume of 32.5 million.

Price: 3.84, Change: +0.38, Percent Change: +10.98

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mitsubishi plans to invest $27 billion over next 3 years to drive growth
Mitsubishi plans to invest $27 billion over next 3 years to drive growth
Apr 2, 2025
TOKYO (Reuters) -Japanese trading house Mitsubishi Corp ( MSBHF ) said on Thursday it planned to invest at least 4 trillion yen ($27 billion) over the next three years to drive growth and aimed to lift its net profit to 1.2 trillion yen in the 2027/28 financial year. Unveiling its new three-year management strategy starting this month, Mitsubishi ( MSBHF...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Nintendo Switch 2 to launch in June with $449.99 price tag
Nintendo Switch 2 to launch in June with $449.99 price tag
Apr 2, 2025
TOKYO (Reuters) -Nintendo ( NTDOF ) said it will launch its Switch 2 gaming device on June 5, with the long-anticipated successor to its hit hybrid home-portable Switch retailing for $449.99. The Kyoto based-company on Wednesday announced more details about the Switch 2 after a reveal in January. Analysts expect a smooth transition to the new device, which has upgraded...
Mitsubishi plans to invest $27 billion over next 3 years to drive growth
Mitsubishi plans to invest $27 billion over next 3 years to drive growth
Apr 2, 2025
TOKYO, April 3 (Reuters) - Japanese trading house Mitsubishi Corp ( MSBHF ) said on Thursday it planned to invest at least 4 trillion yen ($27 billion) over the next three years to drive growth and aimed to lift its net profit to 1.2 trillion yen in the 2027/28 financial year. Unveiling its new three-year management strategy starting this month,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved