New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 1, 2013
07:37 EDTOCNOcwen in lead ot buy Ally Bank mortgage collection rights, Reuters reports
Ocwen Financial Corp. (OCN) is the leading candidate to buy a portfolio of mortgage collection rights from Ally Bank valued at about $1B, sources say, reports Reuters. Reference Link
News For OCN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 4, 2015
10:31 EDTOCNOptions with decreasing implied volatility
Subscribe for More Information
May 1, 2015
10:00 EDTOCNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CVR Refining (CVRR) upgraded to Neutral from Underperform at Credit Suisse... Cash America (CSH) upgraded to Outperform from Market Perform at JMP Securities... Chipotle (CMG) upgraded on positive catalysts at BMO Capital... Cypress Semiconductor (CY) upgraded to Strong Buy from Buy at Needham... Energy Transfer Equity (ETE) upgraded to Strong Buy from Outperform at Raymond James... Expedia (EXPE) upgraded to Outperform from Sector Perform at RBC Capital... Immersion (IMMR) upgraded to Buy from Hold at Ascendiant... Integra LifeSciences (IART) upgraded to Outperform from Market Perform at Wells Fargo... Key Energy (KEG) upgraded to Neutral from Reduce at Global Hunter... Limelight Networks (LLNW) upgraded to Buy from Neutral at B. Riley... Live Nation (LYV) upgraded followin strong core results at Stifel... Mosaic (MOS) upgraded to Outperform from Sector Perform at RBC Capital... Ocwen (OCN) upgraded to Buy from Neutral at Sterne Agee CRT... Pacific Biosciences (PACB) upgraded to Outperform from Market Perform at William Blair... Pinnacle Financial (PNFP) upgraded to Buy from Hold at Sandler O'Neill... SPX Corp. (SPW) upgraded to Overweight from Neutral at JPMorgan... Titan International (TWI) upgraded to Buy from Hold at Feltl... Ultra Petroleum (UPL) upgraded to Market Perform from Underperform at Raymond James... United Insurance (UIHC) upgraded to Outperform from Market Perform at Keefe Bruyette... Western Union (WU) upgraded to Outperform from Market Perform at Wells Fargo... Zayo Group (ZAYO) upgraded to Strong Buy from Outperform at Raymond James.
09:12 EDTOCNOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Ocwen Financial (OCN), up 13.7%... Century Aluminum (CENX), Expedia (EXPE), up 6.1%... FireEye (FEYE), up 5.6%... Agnico Eagle Mines (AEM), up 3%... Gilead Sciences (GILD), up 2.9%... CVS Health (CVS), up 1.4%. ALSO HIGHER: EnerNOC (ENOC), up 26.5% after announcing collaboration with Tesla (TSLA)... Tesla up 1.2% after announcing Tesla Energy and partnerships... Cyberark (CYBR), up 2.9% after FireEye reported quarterly results... Cyberark (CY), up 2.5% after being upgraded to Strong Buy from Buy at Needham. DOWN AFTER EARNINGS: LinkedIn (LNKD), down 19.2%... Pixelworks (PXLW), down 7.5%... Cooper Tire (CTB), down 6.2%... JDS Uniphase (JDSU), down 3.2%... First Solar (FSLR), down 2.4%. ALSO LOWER: Tetralogic (TLOG), down 10.3% after 6.25M share Spot Secondary priced at $4.00.
07:07 EDTOCNOcwen upgraded to Buy from Neutral at Sterne Agee CRT
April 30, 2015
19:01 EDTOCNOn The Fly: After Hours Movers
UP AFTER EARNINGS: Ellie Mae (ELLI), up 10%... Ocwen Financial (OCN), up 9%... athenahealth (ATHN), up 8.5%... Expedia (EXPE), up 4.5%... Skyworks Solutions (SWKS), up 3.7%... Eastman Chemical (EMN), up 2.4%... Nektar Therapeutics (NKTR), up 1.4%... FireEye (FEYE), up 2%. ALSO HIGHER: Monsanto (MON), up 3.6% following a Bloomberg report that the company approached Syngenta (SYT) about a takeover... Altera (ALTR), up 4.4% following a Reuters report that Intel (INTC) has a standstill pact set to end in June. DOWN AFTER EARNINGS: LinkedIn (LNKD), down 21.3%... Hutchinson Technology (HTCH), down 15.3%... Insulet (PODD), down 13.9%... Accuray (ARAY), down 14%... Constant Contact (CTCT), down 9.9%... Trimble Navigation (TRMB), down 6.6%... First Solar (FSLR), down 4.4%... JDS Uniphase (JDSU), down 3%... BioMarin (BMRN), down 1.8%... Visa (V), down 1.6%.
17:38 EDTOCNOcwen says adjusted base case book value per share $12.88
Subscribe for More Information
17:32 EDTOCNOcwen says expects to be profitable in 2015 and beyond
Subscribe for More Information
17:08 EDTOCNOcwen reports Q1 preliminary EPS 27c, consensus 13c
Reports Q1 revenue $510.4M, consensus $488.00M.
April 29, 2015
15:53 EDTOCNOcwen, Assurant agree to $140M settlement in class-action, HousingWire says
Subscribe for More Information
07:25 EDTOCNOcwen discloses motion seeking final approval of settlement reached in 2014
In a regulatory filing, Ocwen disclosed that on April 27, a motion seeking final approval of a proposed settlement Ocwen Financial Corporation reached in 2014, related to a class action lawsuit concerning Lender Placed Insurance was filed with the United States District Court for the Southern District of Florida. Under the proposed settlement, a claims administration process will be set up whereby borrowers who were charged for LPI and either paid all or a portion of the charge or still owe the charge can submit a claim for settlement benefits. The company established a reserve for its portion of the settlement during the third quarter of 2014, and believes that it is adequately reserved. The company decided to settle this matter to avoid prolonged and distracting litigation. The company does not admit any liability or wrongdoing with respect to this matter. The company believes the settlement is in the best interests of the company and its borrowers, employees and shareholders. The company remains committed to full compliance with all legal and regulatory requirements and helping homeowners.
April 20, 2015
09:02 EDTOCNOcwen discloses amendment to Senior Secured Term Loan Facility
Subscribe for More Information

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