Arbor Realty Shares Drop After Short Seller Alleges Fraud
Shares of Arbor Realty Trust Inc., a lender to apartment buildings, dropped as much as 6% after Viceroy Research accused the firm of fraud in its latest report.
Shares of Arbor Realty Trust Inc., a lender to apartment buildings, dropped as much as 6% after Viceroy Research accused the firm of fraud in its latest report.
Private credit managers are bracing for an uptick in stress across corporate America as higher interest rates for longer mean some companies will struggle with their debt loads.
Equinix Inc.’s biggest rally in 15-years is squeezing short-sellers who piled into bets against the stock.
Federal Reserve Bank of San Francisco President Mary Daly said interest rates are currently restraining the economy, but it may take “more time” to return inflation to their goal.
California regulators rejected PG&E Corp.’s proposal to spin off and sell a minority stake of its power generation business to raise funds for its operations.
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