In the wake of New York Community Bancorp Inc.'s ( NYSE:NYCB ) investor conference held on Thursday morning, the company's stock faces tumultuous times as several brokerages slash their price targets. The event shed light on the challenges NYSE:NYCB faces, including the dilution of common shareholders and a significant reduction in dividends.
Analysts at...
In the wake of a tumultuous week marked by a significant downturn in New York Community Bancorp ( NYSE:NYCB ) shares, investors found a glimmer of hope as CEO Thomas Cangemi and other insiders embarked on a notable buying spree. The move, which saw more than 200,000 shares snapped up by key figures within the company, served as a beacon of confidence amidst the...
