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Stock Market & Financial Investment News

News Breaks
July 14, 2014
07:06 EDTASPS, OCNAltisource Solutions pullback a buying opportunity, says Piper Jaffray
Piper Jaffray views the recent pullback in shares of Altisource Solutions (ASPS) as a buying opportunity. Piper says shares recently sold off 10% due to some concerns around Ocwen Financial's (OCN) Homeward origination business joining Ellie Mae's Total Quality Loan Program. Piper believes Altisource's relationship with Ocwen remains "very strong" and it reiterates an Overweight rating on the stock with a $156 price target.
News For ASPS;OCN From The Last 14 Days
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August 1, 2014
09:25 EDTOCNOcwen Financial downgraded to Neutral from Buy at Sterne Agee
Sterne Agee downgraded Ocwen Financial to Neutral to reflect lack of near-term new service wins ahead and limited mortgage origination growth. Price target lowered to $30 from $36.
09:11 EDTOCNOcwen Financial price target lowered to $36 from $45 at Sterne Agee
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06:13 EDTOCNOcwen Financial downgraded to Neutral from Buy at Citigroup
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July 31, 2014
07:43 EDTOCNOcwen Financial sees investing in RMBS where it is servicer in Q3
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07:42 EDTOCNOcwen Financial reports Q2 EPS 48c, consensus 79c
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July 24, 2014
07:25 EDTASPSAltisource reports Q2 EPS $2.45, consensus $1.79
Reports Q2 revenue $263.17M, consensus $240.67M.
July 21, 2014
12:15 EDTASPSAltisource acquires Mortgage Builder Software
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