New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 12, 2013
16:36 EDTOCN, ASPSAltisource Solutions enters letters of intent to buy some Ocwen units
Altisource Portfolio (ASPS) said it has entered into non-binding letters of intent with Ocwen Financial (OCN) to acquire certain fee-based businesses related to Ocwen's recently acquired Homeward Residential Holdings mortgage servicing and origination business platform and Ocwen's anticipated purchase of the mortgage servicing platform from Residential Capital for a combined purchase price of $218.6M. In connection with the proposed transactions, Altisource and Ocwen will execute a five-year extension until 2025 of certain existing services agreements.
News For ASPS;OCN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2015
08:05 EDTASPSAltisource reports Q1 adjusted EPS 56c, consensus 40c
Reports Q1 revenue $207.8M, consensus $225.57M.
April 20, 2015
09:02 EDTOCNOcwen discloses amendment to Senior Secured Term Loan Facility
Subscribe for More Information
April 14, 2015
09:13 EDTOCNOn The Fly: Pre-market Movers.
UP AFTER EARNINGS: JPMorgan Chase (JPM), up 1%... Johnson & Johnson (JNJ), up marginally... Triangle Petroleum (TPLM), up 4.2%... Fastenal (FAST), up 5%. ALSO HIGHER: Brainstorm Cell Therapeutics (BCLI), up 13.5% after announcing that it will present NurOwn Phase 2a clinical data at the Academy of Neurology annual meeting... Builders FirstSource (BLDR), up 7.2% after being upgraded to Buy from Hold at Stifel... Solazyme (SZYM), up 7.5% after announcing a strategic agreement with Flotek (FTK)... Cleveland BioLabs (CBLI), up 6.8% after receiving funding recommendation from the Department of Defense... Nordic American Tanker (NAT), up 3.2% after raising quarterly dividend to 38c from 22c... Ocwen (OCN), up 3.8% after reporting preliminary fiscal 2014 results. DOWN AFTER EARNINGS: Wells Fargo (WFC), down just under 1%. ALSO LOWER: Norfolk Southern (NSC), down 5.8% after being downgraded to Hold from Buy at TD Securities... RXi Pharmaceuticals (RXII), down 14.3% after filing to sell $20M of common stock and warrants... Arrowhead Research (ARWR), down 4.5% after being downgraded to Hold from Buy at Jefferies.
07:43 EDTOCNOcwen up 2.3% after reporting preliminary FY14 results
Subscribe for More Information
07:43 EDTOCNOcwen expects to be profitable in FY15
Subscribe for More Information
07:42 EDTOCNOcwen reports preliminary FY14 EPS ($4.18), may not compare to consensus 92c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use