OCN up +2.14% percent Today $OCN High is at 21.14
Post# of 87
Posted On: 11/17/2014 1:47:00 PM
OCN up +2.14% percent Today $OCN High is at 21.14 and the Low 20.56 with current volume of 391,836.
Recent News posted below.
Ocwen Financial Corp OCN other info.
http://investorshangout.com/Ocwen-Financial-Corp-OCN-52175/
OCN Ocwen Financial Corp Recent Headline News
Earnings Look Back: Ocwen Financial Is Down 11.1% Since Reporting Quarterly Results 2 Weeks Ago (OCN)
Comtex SmarTrend(R) - 1 hr 44 mins ago
When Ocwen Financial (NYSE:OCN) reported earnings 18 days ago on October 30th, 2014, analysts, on average, expected the company to report earnings of $0.60 on sales of $541.8 million. The company actually reported EPS of $0.50 on sales of $515.8 million, missing EPS estimates by $0.10 and missing revenue estimates by $26.0 million. Since the company's report, shares of Ocwen Financial have fallen from $23.16 to $20.60, representing a loss of 11.1% in the past 18 days.
OCN: 21.27 (+0.67)
Today's Dead Cat Bounce Stock Is Ocwen Financial (OCN)
at The Street - Mon Nov 17, 9:36AM CST
Trade-Ideas LLC identified Ocwen Financial (OCN) as a "dead cat bounce" (down big yesterday but up big today) candidate
OCN: 21.27 (+0.67)
Tracking Seth Klarman's Baupost Group Holdings - Q3 2014 Update
John Vincent - at Seeking Alpha - Mon Nov 17, 9:14AM CST
OCN: 21.27 (+0.67), KOS: 9.49 (-0.17), KIN: 8.90 (+0.16), VSAT: 66.36 (-1.25), RFMD: 13.48 (-0.09), EBAY: 54.98 (+0.62), TQNT: 22.42 (-0.18), IDIX: 24.50 (+0.05), SEMI: 17.45 (+0.02), VRTV: 47.16 (+1.01), THRX: 13.23 (unch), TBPH: 17.53 (+0.05), IMOS: 21.16 (-0.73), ELOS: 10.00 (-0.29), MU: 32.18 (-0.44), AR: 52.52 (+0.01), NCQ: 0.71 (+0.02), PBF: 27.36 (+0.27), LNG: 71.75 (-0.11), ATRA: 24.00 (+0.83), KERX: 15.27 (+0.06), NG: 2.90 (+0.02), AOI: 1.85 (unch), FWP: 21.77 (-0.62), BYD: 11.61 (-0.45), ALDW: 17.45 (+0.32), SUNE: 16.55 (-0.38), MRK: 59.70 (+0.63), AVEO: 0.97 (+0.03), AIG: 53.98 (+0.08)
Solid Confidence Numbers; Ocwen Signposts; Shorting QQQ: Best of Kass
at The Street - Sun Nov 16, 3:59PM CST
In highlights from his trading diary of the past week, Doug Kass discusses consumer confidence, Ocwen's unsettled deal with Wells Fargo and why he's shorting the Nasdaq.
NFLX: 383.36 (-2.68), AMZN: 322.01 (-5.81), QQQ: 102.98 (-0.24), EBAY: 54.98 (+0.62), OCN: 21.27 (+0.67), FB: 74.18 (-0.70), WFC: 53.40 (+0.05), GOOGL: 547.46 (-7.73), FDN: 61.64 (-0.56), TWTR: 40.88 (-0.97), PCLN: 1,166.41 (-6.55), BABA: 114.24 (-0.86)
Ocwen, Wells Fargo MSR-Related Deal Terminated - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 14, 5:43PM CST
On Thursday, Wells Fargo & Co. (WFC) and Ocwen Financial Corp. (OCN) mutually cancelled the deal entered in Jan 2014 under which Ocwen was to buy residential mortgage-servicing rights (MSRs) on 1,84,000 loans with total principal balance of about $39 billion from Wells Fargo.
GS: 190.36 (+0.38), JPM: 60.45 (+0.17), OCN: 21.27 (+0.67), WFC: 53.40 (+0.05), MS: 35.66 (-0.03)
NYSE stocks posting largest percentage decreases
AP - Fri Nov 14, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
HTZ: 22.16 (+0.47), TCI: 12.35 (+0.35), OCN: 21.27 (+0.67), AVD: 11.97 (+0.05), OPWR: 16.27 (-0.03), PBYI: 215.24 (-0.98)
Cooperman unloads Ocwen stake; Wells deal cancellation mulled
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 2:43PM CST
ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67), RESI: 19.22 (+0.68), NSM: 28.65 (-0.05), HLSS: 19.00 (+0.08)
Primary Fixed Rate Mortgage Yields Drop 0.01% And Mortgage Servicing Values Close Mixed This Week
Donald van Deventer - at Seeking Alpha - Fri Nov 14, 12:44PM CST
CBG: 32.44 (+0.04), BBT: 37.31 (-0.12), PRU: 83.91 (-0.07), MTGE: 19.80 (+0.06), OCN: 21.27 (+0.67), C: 53.46 (+0.08), AGNC: 23.08 (+0.21), BAC: 17.10 (-0.04), WFC: 53.40 (+0.05), KEY: 13.24 (-0.11), NLY: 11.48 (+0.04), JPM: 60.45 (+0.17), USB: 43.78 (+0.05), NSM: 28.65 (-0.05), STI: 39.41 (-0.15), WAC: 16.60 (+0.01), PNC: 87.27 (-0.14), PHH: 23.57 (-0.32)
Carl Icahn Activist Project Hertz Takes A Tumble
at The Street - Fri Nov 14, 12:34PM CST
NII Holdings Inc (OTCMKTS:NIHDQ), Uranium Energy Corp. (NYSEMKT:UEC) and Pandora Media Inc (NYSE
) reached the middle of the day with noteworthy gains this Friday. In the red today are Abengoa Yiel...
HTZ: 22.17 (+0.48), P: 20.38 (-1.13), OCN: 21.27 (+0.67), ABY: 28.00 (+1.13)
Ocwen Financial (OCN) Stock Lower Today After Canceled Wells Fargo Deal
at The Street - Fri Nov 14, 10:16AM CST
Shares of Ocwen Financial (OCN) are down after it was reported that the company won't buy the rights to service $39 billion in mortgages for Wells Fargo.
OCN: 21.27 (+0.67)
Ocwen down 6.7% as Wells servicing deal officially nixed
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 6:34AM CST
OCN: 21.27 (+0.67), WFC: 53.40 (+0.05)
Business Highlights
By The Associated Press - AP - Wed Nov 12, 4:41PM CST
___
JPM: 60.45 (+0.17), ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67)
Subprime services company abandons disputed fees
By JEFF HORWITZ - AP - Wed Nov 12, 4:07PM CST
WASHINGTON (AP) — A company with ties to the nation's largest overseer of subprime mortgages announced under pressure Wednesday it will stop collecting controversial insurance fees from homeowners whose properties were under foreclosure. The announcement came three months after The Associated Press highlighted its business practices.
JPM: 60.45 (+0.17), ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67), WFC: 53.40 (+0.05)
Altisource Portfolio plummets after discontinuing lender place insurance
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 10:29AM CST
ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67), RESI: 19.22 (+0.68), AAMC: 480.10 (-0.90), HLSS: 19.00 (+0.08)
Watch for Ocwen Financial to Potentially Pullback After Gaining 4.92% Yesterday
Comtex SmarTrend(R) - Tue Nov 11, 4:08PM CST
Ocwen Financial (NYSE:OCN) traded in a range yesterday that spanned from a low of $22.04 to a high of $23.93. Yesterday, the shares gained 4.9%, which took the trading range above the 3-day high of $21.97 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
OCN: 21.27 (+0.67)
Ocwen Financial (OCN) Rises on Report Top Financial Regulator Could Step Down
at The Street - Tue Nov 11, 3:47PM CST
Shares of Ocwen Financial (OCN) climbed Tuesday after Bloomberg reported Benjamin Lawsky, a top financial regulator investigating the company, could step down to take a job in the private sector.
OCN: 21.27 (+0.67)
Specialty servicers on the move as Lawsky looks to be exiting
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 9:55AM CST
OCN: 21.27 (+0.67), NSM: 28.65 (-0.05), PFSI: 15.25 (-0.26), WAC: 16.60 (+0.01)
Falling Earnings Estimates Signal Weakness Ahead for Ocwen Financial (OCN) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Nov 11, 7:35AM CST
Ocwen Financial (OCN) has witnessed a significant price decline in the past four weeks, and it has lately seen significant negative earnings estimate revisions as well.
OCN: 21.27 (+0.67), PFSI: 15.25 (-0.26), TSLX: 17.75 (+0.10), HLSS: 19.00 (+0.08)
Recent News posted below.
Ocwen Financial Corp OCN other info.
http://investorshangout.com/Ocwen-Financial-Corp-OCN-52175/
OCN Ocwen Financial Corp Recent Headline News
Earnings Look Back: Ocwen Financial Is Down 11.1% Since Reporting Quarterly Results 2 Weeks Ago (OCN)
Comtex SmarTrend(R) - 1 hr 44 mins ago
When Ocwen Financial (NYSE:OCN) reported earnings 18 days ago on October 30th, 2014, analysts, on average, expected the company to report earnings of $0.60 on sales of $541.8 million. The company actually reported EPS of $0.50 on sales of $515.8 million, missing EPS estimates by $0.10 and missing revenue estimates by $26.0 million. Since the company's report, shares of Ocwen Financial have fallen from $23.16 to $20.60, representing a loss of 11.1% in the past 18 days.
OCN: 21.27 (+0.67)
Today's Dead Cat Bounce Stock Is Ocwen Financial (OCN)
at The Street - Mon Nov 17, 9:36AM CST
Trade-Ideas LLC identified Ocwen Financial (OCN) as a "dead cat bounce" (down big yesterday but up big today) candidate
OCN: 21.27 (+0.67)
Tracking Seth Klarman's Baupost Group Holdings - Q3 2014 Update
John Vincent - at Seeking Alpha - Mon Nov 17, 9:14AM CST
OCN: 21.27 (+0.67), KOS: 9.49 (-0.17), KIN: 8.90 (+0.16), VSAT: 66.36 (-1.25), RFMD: 13.48 (-0.09), EBAY: 54.98 (+0.62), TQNT: 22.42 (-0.18), IDIX: 24.50 (+0.05), SEMI: 17.45 (+0.02), VRTV: 47.16 (+1.01), THRX: 13.23 (unch), TBPH: 17.53 (+0.05), IMOS: 21.16 (-0.73), ELOS: 10.00 (-0.29), MU: 32.18 (-0.44), AR: 52.52 (+0.01), NCQ: 0.71 (+0.02), PBF: 27.36 (+0.27), LNG: 71.75 (-0.11), ATRA: 24.00 (+0.83), KERX: 15.27 (+0.06), NG: 2.90 (+0.02), AOI: 1.85 (unch), FWP: 21.77 (-0.62), BYD: 11.61 (-0.45), ALDW: 17.45 (+0.32), SUNE: 16.55 (-0.38), MRK: 59.70 (+0.63), AVEO: 0.97 (+0.03), AIG: 53.98 (+0.08)
Solid Confidence Numbers; Ocwen Signposts; Shorting QQQ: Best of Kass
at The Street - Sun Nov 16, 3:59PM CST
In highlights from his trading diary of the past week, Doug Kass discusses consumer confidence, Ocwen's unsettled deal with Wells Fargo and why he's shorting the Nasdaq.
NFLX: 383.36 (-2.68), AMZN: 322.01 (-5.81), QQQ: 102.98 (-0.24), EBAY: 54.98 (+0.62), OCN: 21.27 (+0.67), FB: 74.18 (-0.70), WFC: 53.40 (+0.05), GOOGL: 547.46 (-7.73), FDN: 61.64 (-0.56), TWTR: 40.88 (-0.97), PCLN: 1,166.41 (-6.55), BABA: 114.24 (-0.86)
Ocwen, Wells Fargo MSR-Related Deal Terminated - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 14, 5:43PM CST
On Thursday, Wells Fargo & Co. (WFC) and Ocwen Financial Corp. (OCN) mutually cancelled the deal entered in Jan 2014 under which Ocwen was to buy residential mortgage-servicing rights (MSRs) on 1,84,000 loans with total principal balance of about $39 billion from Wells Fargo.
GS: 190.36 (+0.38), JPM: 60.45 (+0.17), OCN: 21.27 (+0.67), WFC: 53.40 (+0.05), MS: 35.66 (-0.03)
NYSE stocks posting largest percentage decreases
AP - Fri Nov 14, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
HTZ: 22.16 (+0.47), TCI: 12.35 (+0.35), OCN: 21.27 (+0.67), AVD: 11.97 (+0.05), OPWR: 16.27 (-0.03), PBYI: 215.24 (-0.98)
Cooperman unloads Ocwen stake; Wells deal cancellation mulled
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 2:43PM CST
ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67), RESI: 19.22 (+0.68), NSM: 28.65 (-0.05), HLSS: 19.00 (+0.08)
Primary Fixed Rate Mortgage Yields Drop 0.01% And Mortgage Servicing Values Close Mixed This Week
Donald van Deventer - at Seeking Alpha - Fri Nov 14, 12:44PM CST
CBG: 32.44 (+0.04), BBT: 37.31 (-0.12), PRU: 83.91 (-0.07), MTGE: 19.80 (+0.06), OCN: 21.27 (+0.67), C: 53.46 (+0.08), AGNC: 23.08 (+0.21), BAC: 17.10 (-0.04), WFC: 53.40 (+0.05), KEY: 13.24 (-0.11), NLY: 11.48 (+0.04), JPM: 60.45 (+0.17), USB: 43.78 (+0.05), NSM: 28.65 (-0.05), STI: 39.41 (-0.15), WAC: 16.60 (+0.01), PNC: 87.27 (-0.14), PHH: 23.57 (-0.32)
Carl Icahn Activist Project Hertz Takes A Tumble
at The Street - Fri Nov 14, 12:34PM CST
NII Holdings Inc (OTCMKTS:NIHDQ), Uranium Energy Corp. (NYSEMKT:UEC) and Pandora Media Inc (NYSE
) reached the middle of the day with noteworthy gains this Friday. In the red today are Abengoa Yiel... HTZ: 22.17 (+0.48), P: 20.38 (-1.13), OCN: 21.27 (+0.67), ABY: 28.00 (+1.13)
Ocwen Financial (OCN) Stock Lower Today After Canceled Wells Fargo Deal
at The Street - Fri Nov 14, 10:16AM CST
Shares of Ocwen Financial (OCN) are down after it was reported that the company won't buy the rights to service $39 billion in mortgages for Wells Fargo.
OCN: 21.27 (+0.67)
Ocwen down 6.7% as Wells servicing deal officially nixed
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 6:34AM CST
OCN: 21.27 (+0.67), WFC: 53.40 (+0.05)
Business Highlights
By The Associated Press - AP - Wed Nov 12, 4:41PM CST
___
JPM: 60.45 (+0.17), ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67)
Subprime services company abandons disputed fees
By JEFF HORWITZ - AP - Wed Nov 12, 4:07PM CST
WASHINGTON (AP) — A company with ties to the nation's largest overseer of subprime mortgages announced under pressure Wednesday it will stop collecting controversial insurance fees from homeowners whose properties were under foreclosure. The announcement came three months after The Associated Press highlighted its business practices.
JPM: 60.45 (+0.17), ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67), WFC: 53.40 (+0.05)
Altisource Portfolio plummets after discontinuing lender place insurance
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 10:29AM CST
ASPS: 51.71 (-0.05), OCN: 21.27 (+0.67), RESI: 19.22 (+0.68), AAMC: 480.10 (-0.90), HLSS: 19.00 (+0.08)
Watch for Ocwen Financial to Potentially Pullback After Gaining 4.92% Yesterday
Comtex SmarTrend(R) - Tue Nov 11, 4:08PM CST
Ocwen Financial (NYSE:OCN) traded in a range yesterday that spanned from a low of $22.04 to a high of $23.93. Yesterday, the shares gained 4.9%, which took the trading range above the 3-day high of $21.97 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
OCN: 21.27 (+0.67)
Ocwen Financial (OCN) Rises on Report Top Financial Regulator Could Step Down
at The Street - Tue Nov 11, 3:47PM CST
Shares of Ocwen Financial (OCN) climbed Tuesday after Bloomberg reported Benjamin Lawsky, a top financial regulator investigating the company, could step down to take a job in the private sector.
OCN: 21.27 (+0.67)
Specialty servicers on the move as Lawsky looks to be exiting
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 9:55AM CST
OCN: 21.27 (+0.67), NSM: 28.65 (-0.05), PFSI: 15.25 (-0.26), WAC: 16.60 (+0.01)
Falling Earnings Estimates Signal Weakness Ahead for Ocwen Financial (OCN) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Nov 11, 7:35AM CST
Ocwen Financial (OCN) has witnessed a significant price decline in the past four weeks, and it has lately seen significant negative earnings estimate revisions as well.
OCN: 21.27 (+0.67), PFSI: 15.25 (-0.26), TSLX: 17.75 (+0.10), HLSS: 19.00 (+0.08)
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