New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 27, 2014
05:54 EDTACAS, OCNStocks with implied volatility movement; OCN ACAS
Stocks with implied volatility movement; Ocwen Financial (OCN) 69, American Capital (ACAS) 30 according to iVolatility.
News For OCN;ACAS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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
April 8, 2015
10:01 EDTACASAmerican Capital announces sale of Mirion Technologies for $750M
Subscribe for More Information
April 7, 2015
12:58 EDTOCNOn The Fly: Midday Wrap
Subscribe for More Information
09:23 EDTOCNOn The Fly: Pre-market Movers
Subscribe for More Information
April 6, 2015
17:43 EDTOCNOcwen says it still needs time to file 10-K
Subscribe for More Information
17:41 EDTOCNOcwen amends servicing pact with Home Loan Servicing Solutions
On April 6, Ocwen (OCN) Loan Servicing entered into Amendment No. 2 to Master Servicing Rights Purchase Agreement and Sale Supplements with HLSS Holdings, Home Loan Servicing Solutions (HLSS) and MSR-EBO Acquisition LLC , which Amendment is effective upon the consummation and closing of the purchase by the Buyer, directly and through HLSS Advances Acquisition Corp., of substantially all of the assets of HLSS. The Amendment revised terms of (i) the Master Servicing Rights Purchase Agreement, dated as of October 1, 2012, as amended by Amendment No. 1 to Master Servicing Rights Purchase Agreement and Sale Supplements, dated as of December 26, 2012 and (ii) certain sale supplements to the MSR Purchase Agreement . In consideration of Ocwenís consent to the assignment by HLSS to the Buyer of all HLSSís right, title and interest in, to and under the Original Agreements, the Amendment will, among other things impose a two year standstill on the rights of the HLSS Parties to replace Ocwen as named servicer.The Amendment also provides that Ocwen will sell to HLSS, on an exclusive and ďas isĒ basis, all economic beneficial rights to the clean-up call rights Ocwen is entitled to pursuant to servicing agreements that underlie Rights to MSRs owned by HLSS, for a payment upon exercise of 0.50% of the unpaid principal balance of all performing mortgage loans associated with the applicable clean up-call. In the event there is a future downgrade of Ocwen's S&P servicer rating below its current rating of "Average," Ocwen has also agreed to compensate Holdings for certain increased costs associated with its servicing advance financing facilities, including increased costs of funding, to the extent such costs are the direct result of such downgrade.

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