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Stock Market & Financial Investment News

News Breaks
July 16, 2014
07:19 EDTNSM, WAC, HLSS, PFSINationstar, 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).
News For NSM;WAC;HLSS;PFSI From The Last 14 Days
Check below for free stories on NSM;WAC;HLSS;PFSI the last two weeks.
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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.

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