NYCB jumps as CEO, board buy shares after $4B selloff
New York Community Bancorp gained on Friday after its chief executive officer and other insiders bought more than 200,000 shares...
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Demand for Ford commercial trucks exceeds supply
Demand for Ford's commercial vehicle division, Ford Pro, is exceeding supply as dealers “clamor” for inventory. “Dealers are clamoring...
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Regional equipment financiers face new capital challenges
Regional equipment finance companies are once again feeling pressures wrought by tightened credit markets and increased regulation following Silicon Valley...
Read moreDetailsNYCB stock turns positive after bank says deposits climbed
Shares of New York Community Bancorp, which touched a 27-year low on Tuesday, climbed after the company said deposits have...
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40% of dealers targeting M&A end up liquidating
Most dealership owners are ill-prepared to sell the business or retire and nearly half of dealerships close when the owner...
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Fed says banks tightened credit standards in fourth quarter
The Federal Reserve said US banks reported stricter credit standards in the fourth quarter, although the proportion of those tightening...
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California truck dealers invest in EV infrastructure
As pressure to increase commercial electrification grows across the trucking industry, California dealers and agencies continue to develop and invest...
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Cat Financial profit up 41% on higher financing rates
Cat Financial, the equipment financing arm of Caterpillar, reported a 2023 profit of $563 million, up 5% from 2022, spurred...
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