How New York Community plans to make most of Flagstar acquisition.

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      EARNINGS New York Community Bancorp has already crossed off several items on its merger to-do list: It has formed an integration team, chosen a senior management team and selected the products and services that it will offer to customers. As for New York Community's second-quarter results, net income totaled $152 million, up 44.8% from last year's second quarter when the company recorded a loan-loss provision expense of $18 million. [Extracted from the article]
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