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Shares of embattled mortgage servicer Ocwen Financial surge as much as 20% Thursday after an update shows the company is on firmer financial footing than many investors may have thought.
It may look like an odd time for an IPO of an energy MLP, but demand for units of Columbia Pipeline Partners is expected to be strong.
The plunge in oil prices has made blue-chips like Exxon Mobil and Chevron look tempting, but their shares haven't fallen nearly as far as tiny Madalena Energy,
Shares of Fannie Mae and Freddie Mac fell Tuesday after an Iowa court threw out a shareholder lawsuit against the U.S.
U.S. banks like Bank of America and Morgan Stanley have effectively been nationalized with regulations forcing them to hold more cash while shrinking their loan books, argues analyst Dick Bove.
Brazil's oil giant looks like a risky bet, but one analyst sees 'a very interesting special situation where the shares could potentially more than double over the next three years.'
InfraREIT, the first-ever initial public offering of a REIT in the utility sector, may be trying to claim credit for taxes it doesn't pay.
Petrobras disputed a hedge fund's claim that it is in default and said it would negotiate with creditors if future financial statements are late.
Fannie Mae and Freddie Mac shares were rallying Wednesday after a judge ruled against the U.S. government in a widely followed lawsuit brought by Fairholme Capital Management.
Big banks including Bank of America, JPMorgan Chase and Wells Fargo are ceding mortgage market share allowing nonbank lenders such as Freedom Mortgage and Quicken Loans to move in.