NYCB faces tough choices on CRE loans, balance sheet diversification [Reuters]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.moodys.com/home/default.aspx
Company Research
Source: Reuters
The bank's new management has promised to unveil a turnaround plan this month after losses on CRE loans, NYCB's core business, sparked a rout that wiped nearly $6 billion off its market value and sparked ratings downgrades. Report this ad A led by former U.S. Treasury Secretary Steven Mnuchin's Liberty Strategic Capital has shored up the bank for the short-term, but it still needs to bolster its capital and shrink its exposure to the CRE sector, which has been hammered by higher interest rates. NYCB's future depends on the new management offloading some CRE loans and diversifying its balance sheet, said half a dozen analysts and investors. But with rivals also retreating from CRE, and private equity and other institutional buyers seeking steep discounts, good deals will be hard to come by, they said. "If you're a hedge fund or an asset manager, you know NYCB has to sell. So, you're going to factor that into your pricing," said Brian Graham, co-founder of financial services in
Show less
Read more
Impact Snapshot
Event Time:
MCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCO alerts
High impacting Moody's Corporation news events
Weekly update
A roundup of the hottest topics
MCO
News
- Compared to Estimates, Moody's (MCO) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Moody's Corporation (NYSE:MCO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Moody's Co. (NYSE: MCO) had its price target raised by analysts at Robert W. Baird from $405.00 to $414.00. They now have an "outperform" rating on the stock.MarketBeat
- UPDATE 1-UK supermarket Asda refinances over $4 bln of debt [Yahoo! Finance]Yahoo! Finance
- EMERGING MARKETS-Brazil's real leads Latin American FX higher as Fed calms rate hike fears [Yahoo! Finance]Yahoo! Finance
MCO
Earnings
- 5/3/24 - Beat
MCO
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/19/24 - Form 8-K
- MCO's page on the SEC website