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New York Community Bancorp posts 4Q loss

WESTBURY, N.Y. _ New York Community Bancorp Inc. on Wednesday reported a fourth-quarter loss of $404.8 million, after reporting a profit in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. New York Community Bancorp shares have declined roughly 9 percent since the...
Source: The Associated Press