New York Community Bancorp CEO Cangemi Steps Down

The beleaguered regional lender named Executive Chair Alessandro DiNello as president and CEO. 


 
HPE's stock is tumbling after a steep decline in revenue

Hewlett Packard Enterprise Co.'s stock fell more than 5% in after-hours trading Thursday after the company posted a steep drop in quarterly revenue but improved earnings. 


 
Dell's big quarter, fueled by surge in AI-server demand, sends stock soaring 15%

Dell Technologies Inc.'s stock jumped 15% in extended trading Thursday after the company put up quarterly results that eclipsed Wall Street's expectations. It also announced a 20% increase in its annual cash dividend, to $1.78 per share 


 
Autodesk's stock rises on fourth-quarter results, sales outlook

Shares of Autodesk Inc. rose after hours on Thursday after the developer of 3-D design software reported fiscal fourth-quarter results that topped expectations. 


 
Fisker in Talks With 'Large Automaker;' To Cut Jobs

Talks with an unidentified automaker could include an investment in the company, a joint development, and North American manufacturing, the company said. 


 
Chemical Giant Chemours Suspends Top Executives, Opens Accounting Probe

The Teflon maker's shares plunged 31% after its CEO and finance chief were put on administrative leave. 


 
J.B. Hunt Sets Leadership Succession, Names Simpson as CEO

The freight heavyweight said CEO John Roberts III will become executive chairman this year on the retirement of Kirk Thompson. 


 
Activist Ancora Brings Scars from Freight Campaigns to Norfolk Southern Proxy Fight

Activist investor Ancora Holdings is deploying a playbook in its proxy battle at Norfolk Southern honed during other freight-sector campaigns, in particular its failed push to streamline the nation's largest freight broker, C.H. Robinson Worldwide. 


 
Best Buy's stock jumps after profit beat, as gaming growth offsets smartphone weakness

Best Buy's stock got a nice bump Thursday, after the retailer reported quarterly results that beat expectations, as growth in gaming sales helped offset continued pressure on other consumer electronics sales, including smartphones and tablets. 


 
Canada Antitrust Watchdog to Expand Probe Into Google's Advertising Practices

Canada's antitrust watchdog said it is expanding its four-year probe into Google's online advertising practices, with a focus on whether the company engages in predatory pricing.


(END) Dow Jones Newswires

02-29-24 1715ET