New York Community Bancorp’s stock fell 6% in premarket trading after the lender reported a second-quarter loss and larger-than-expected charge-offs mostly on office and multi-family property loans that it doesn’t expect to be paid back.
Pool Corp. shares rose 2.4% in premarket trading Thursday after the swimming-pool equipment company reported better-than-expected second-quarter revenue and earnings.
At a time when home prices are hitting record highs, cities in the Midwest have emerged as an oasis of affordability.
ServiceNow has a “solidifying position as one of the few true AI beneficiaries in software,” an analyst says.
Organizations created decades ago for a student-loan system that no longer exists have maintained a foothold.
Citi sees building competitive and execution challenges for Lululemon, whose stock ranks among the S&P 500’s worst performers this year.
Royal Caribbean reported Thursday quarterly profit that beat expectations and raised its full-year outlook, citing continued strong demand for cruises into next year and increased onboard spending.
Shares of RTX Corp. rose 3.2% in premarket trades Thursday after the owner of Collins Aerospace Systems and Pratt & Whitney beat analysts’ top and bottom-line estimates and raised its full-year guidance.
