New York Community Bancorp encounters a steep 17% drop in share price following a junk status downgrade by Fitch Ratings and Moody’s, marking a drastic shift for a former regional banking outperformer.

Snowflake Inc. is facing a class action lawsuit spearheaded by Pomerantz LLP. Investors affected by the alleged securities fraud and business practice discrepancies can contact the law firm for potential recovery.

Elbit Systems Ltd. anticipates a significant $52 million in non-cash expenses for Q4 of 2023, as the defense giant writes off assets and inventories from a non-performing subsidiary to realign with strategic goals.

Wall Street analysts spotlight Nvidia for its AI potential as Tesla and Rivian's electric vehicle pricing strategies invite cautious optimization.

Senior Vice President Matt McFarland at Kay Properties achieves a new milestone by raising over $550 million in equity, reinforcing the firm's leadership in the 1031 exchange and DST investment market despite real estate fluctuations.

In a game-changing financial move, Blackstone, Thomson Reuters Corp., and consortium partners divest a 4% stake in London Stock Exchange Group, signifying a significant reshuffle in the global financial sector.

BGO, backed by Sun Life Financial Inc., pledges $500 million to acquire single-family rental communities, indicating a game-changing approach to real estate investment.

In a strategic move to bolster domestic aluminum production and shield U.S. industries, the Department of Commerce imposes preliminary countervailing duties on select foreign aluminum extrusions.

Wells Fargo faces a class action lawsuit alleging racial discrimination in mortgage lending, as it seeks more time to rebut expert reports supporting the case. This legal battle highlights disparities in loan approvals for minority groups and the bank's history of regulatory scrutiny.

Despite the projected contraction in 2024, Bulgaria's construction sector is forecasted to rebound with substantial growth fueled by investments in infrastructure and renewable energy, as well as EU support for climate transition.