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Stock Market & Financial Investment News

News Breaks
December 12, 2012
17:18 EDTASPSAltisource Solutions reports form 10 registration for spin-offs effective
Altisource Portfolio Solutions S.A. announced that in connection with its proposed spin-offs of Altisource Residential Corporation and Altisource Asset Management Corporation the SEC has declared effective Residential's Registration Statement on Form 10. In addition, the SEC has completed its review of AAMC's Registration Statement on Form 10 that has become effective by rule. The New York Stock Exchange has authorized the listing of the Residential Shares on the NYSE. Residential will trade under the symbol "RESI" following the spin-off. FINRA and the OTCQX Market have authorized the quotation of the AAMC Shares on the OTCQX. AAMC will trade under the symbol "AAMC" following the spin-off. There is no current market for the Residential Shares or the AAMC Shares.
News For ASPS From The Last 14 Days
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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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July 14, 2014
07:06 EDTASPSAltisource 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.
July 11, 2014
12:31 EDTASPSAltisource Solutions names Barbara Goose as Global Chief Marketing Officer
Altisource Portfolio Solutions has named Barbara Goose global Chief Marketing Officer. An accomplished marketing executive who has overseen programs for General Motors, Dunkin' Donuts, Zipcar, Lenovo and many other brands, Goose will lead Altisource in building its brand and positioning it in the global market.

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