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Editorial Results (free)

1. New York Community Bancorp tries to reassure investors as stock continues to wobble -

NEW YORK (AP) — New York Community Bancorp tried to reassure investors Wednesday that it is financially sound, a day after the bank's credit rating got downgraded to "junk."

Shares of NYCB recovered from steep losses earlier in the day to close with a gain of 6.7%, but are still down nearly 57% over the past week, Last Wednesday, the bank reported significant losses on some commercial real estate loans and indicated it was struggling to digest last year's purchase of Signature Bank.

2. Ney, Varallo named ‘Celebration’ co-chairs -

Paul Ney, Waddey and Patterson, P.C., and Deborah Varallo, Varallo Public Relations, will serve as co-chairs of the 2011 Celebration of Mission to Service to be held on Wednesday, October 26, an event benefiting Catholic Charities of Tennessee, Inc. and St. Mary Villa Child Development Center.