(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some analysts remain focused on confidence-building measures taken by the lender after a tumble in its stock. NYCB’s shares closed down 0.2% at $4.89, after rising by more than 7% earlier in the session. The bank…
By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled back to levels last seen before the coronavirus pandemic struck, amid notable declines in the projected rises for a number of key spending areas. The Federal Reserve Bank of New…
By Noel Randewich (Reuters) – Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally fueled by optimism around artificial intelligence. The stock last traded up 21% at $139.65 after reaching as high as $164, 42% above its close on Friday. With Monday’s jump, Arm’s shares have gained more than…
By Seher Dareen and Arunima Kumar (Reuters) -U.S. oil producer Diamondback Energy said on Monday it would buy privately held rival Endeavor Energy Partners in $26 billion cash-and-stock deal that continues a rapid consolidation in the top U.S. shale oilfield. The combined company would be the third-largest oil and gas producer in the Permian Basin…
