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Stock Market & Financial Investment News

News Breaks
March 22, 2013
12:07 EDTELN, HUM, OCN, WPRT, DG, THRXOptions with increasing implied volatility: THRX WPRT HUM DG OCN ELN
News For THRX;WPRT;HUM;DG;OCN;ELN From The Last 14 Days
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January 25, 2015
14:24 EDTOCNOcwen settles dispute with California for $2.5M
On Friday evening, the California Department of Business Oversight-DBO announced a $2.5M settlement with Ocwen Loan Servicing, over the firm’s failure for more than a year to provide loan information needed by the DBO to assess Ocwen’s compliance with state mortgage lending laws.“The Department is committed to supporting a fair and secure financial services marketplace for all California consumers,” said DBO Commissioner Jan Lynn Owen. “This settlement allows us to move forward and ensure that Ocwen is meeting its obligations under the law.” Under the consent order agreement, the DBO will select an independent, third-party auditor, paid for by Ocwen, whose duties will include ensuring Ocwen provides the DBO all the information it has requested from loan files. Ocwen also will pay $2.5M in penalties and cover the DBO’s administrative costs associated with the case. The settlement also prohibits Ocwen from taking on any new California customers until the DBO determines the firm can fully respond in a timely manner to future requests for information, and the DBO will drop its effort to suspend Ocwen’s license to operate in California. Filed Oct. 3, the formal accusation grew out of Ocwen’s conduct during a routine regulatory examination and will now be withdrawn. Shares of Ocwen were up over 27% in after hours trading on Friday to $8.08. Reference Link
January 23, 2015
16:32 EDTOCNOn The Fly: Closing Wrap
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14:01 EDTOCNOcwen, Home Loan Servicing slide after BlueMountain claims default event
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13:28 EDTOCNOcwen Financial volatility increases on wide price movement
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07:46 EDTDGDollar General CEO stays until 2016, may seek smaller acquisitions, Reuters says
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05:58 EDTOCNOcwen implied volatility of 150 at upper end of index mean range
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January 22, 2015
09:43 EDTDGActive equity options trading
Active equity options trading according to Track Data: AAPL DG ABX AMZN FXCM LVS FFIV INFI SD
09:25 EDTDGFamily Dollar shareholders approve Dollar Tree merger
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09:24 EDTDGFamily Dollar shareholders approve Dollar Tree merger
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09:24 EDTDGDollar General says focused on core business
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09:24 EDTDGDollar General says 'well positioned' for sustainable growth
09:23 EDTDGDollar General says Rick Dreiling to continue as chairman and CEO
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09:22 EDTDGDollar General says Rick Dreiling to continue as chairman and CEO
09:21 EDTDGFamily Dollar holders approve Dollar Tree deal, Bloomberg reports
Family Dollar (FDO) shareholders approved today the buyout offer from Dollar Tree (DLTR), Bloomberg reports.
06:05 EDTDGFamily Dollar investors expected to approve Dollar Tree deal, NY Post reports
Family Dollar (FDO) investors are poised to approve Dollar Tree's (DLTR) $8.5B cash and stock takeover offer at a meeting today, The New York Post reports. Reference Link
January 21, 2015
05:59 EDTOCNOcwen implied volatility of 152 at upper end of index mean range
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January 20, 2015
10:45 EDTOCNOptions with increasing implied volatility
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09:01 EDTOCNOcwen says Erbey's decision to resign not due to disagreements with company
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08:50 EDTOCNAltisource downgraded at Sterne Agee
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07:43 EDTOCNAltisource CEO doubts California's case against Ocwen, NY Post says
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