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All Quiet On The Market Front: Dow, S&P 500, Nasdaq Virtually Flat
Wednesday, November 12, 2014 - 5:38pm | 996U.S. stocks were little changed on Wednesday in another quiet trading session due to a lack of catalysts to move stocks. Economic data showed wholesale inventories rose more than expected in September. Looking forward to Thursday, retail giant Wal-Mart will report earnings before market open...
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Ocwen Investigated For Self-Dealing, At Homeowners' And Investors' Expense
Wednesday, April 23, 2014 - 3:27pm | 1173Benjamin Lawsky, New York’s first Superintendent of Financial Services, is wading further into the muck that is Ocwen Financial Corporation's (NYSE: OCN) mortgage servicing practices. On Monday Lawsky sent Ocwen a letter demanding explanations for business practices that appear to be self-...
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Piper Jaffray Reiterates Overweight Rating On ASPS
Tuesday, April 19, 2011 - 8:48am | 141Piper Jaffray is reiterating its Overweight rating on Altisource Portfolio Solutions (NASDAQ: ASPS) following new that Ocwen Financial (NYSE: OCN) is one of two bidders on the Goldman Sachs mortgage servicing portfolio, Litton Loan. Says Piper Jaffray, in its report, “We believe the Litton...
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Piper Jaffray Comments On Strong Near-Term Growth Ahead For Altisource Portfolio Solutions
Monday, March 7, 2011 - 9:46am | 166In a report published by Piper Jaffray, Altisource Portfolio Solutions (NASDAQ: ASPS) has strong near-term growth ahead. Piper Jaffray reported that it reiterates its OW rating on ASPS following recent travel with management. “Since its spin from OCN, ASPS has successfully executed on its main...
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Piper Jaffray Highlights ASPS Shares
Thursday, January 20, 2011 - 8:38am | 111Piper Jaffray is highlighting Altisource Portfolio Solutions (NASDAQ: ASPS) shares for '11 due to: “1) Increased confidence in our 4Q10 and full-year '11 revenue growth (due to HomEq portfolio ramp, unwinding of foreclosure backlog, and approval for CA title license). “2) ASPS's push into mortgage...