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Stock Market & Financial Investment News

News Breaks
November 16, 2012
05:48 EDTHLSSHome Loan Servicing upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Home Loan Servicing citing valuation and the company's dividend increase. The firm maintains a $19.25 price target for shares.
News For HLSS From The Last 14 Days
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July 17, 2014
07:42 EDTHLSSHome Loan Servicing reports Q2 adjusted EPS 58c, consensus 55c
Reports Q2 adjusted revenue $194,253, consensus $188.65M. Reports Q2 GAAP revenue $98.53M. Reports Q2 adjusted servicing fee revenue $185.69M.
July 16, 2014
07:19 EDTHLSSNationstar, Walter Investment downgraded to Underperform at Wells Fargo
Wells Fargo downgraded both Nationstar (NSM) and Walter Investment (WAC) to Underperform from Market Perform and reduced its sector weighting for Mortgage Servicers to Underweight from Market Weight after its cash flow analysis pointed to share downside. Wells also highlights the continued regulatory issues for the space. The firm lowered its price target range for Nationstar shares to $25-$27 from $29-$32 and for Walter to $22-$24 from $27-$32. Wells keeps Buy ratings on Home Loan Servicing (HLSS) and PennyMac (PFSI).

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