Ocwen Financial Corporation News
Wall Street Ends Lower as Crude Slumps, French Election Looms
Wall Street ends Friday with slight losses as uncertainty over the upcoming French election keeps investors on edge, while crude oil endured another sharp drop.
Stocks Mostly Lower as French Election Raises Uncertainty, Crude Slides Below $50
Stocks are mostly lower on Friday as positive earnings from industry leaders including General Electric and Visa could not fully distract from geopolitical concerns stemming from the upcoming French election.
Stocks Decline as French Election Raises Uncertainty
Stocks are mostly lower on Friday as positive earnings from industry leaders including General Electric and Visa could not fully distract from geopolitical concerns stemming from the upcoming French election.
AmEx Kicks Off Wall Street Rally, Mnuchin Tax Comments Keep it Going
Positive earnings from Dow component American Express brings a spring to Wall Street's step on Thursday and drives the bulk of gains on benchmark indexes.
Closing Bell: Ocwen Financial Loses Half Its Value; Nasdaq Sets New Record
Wall Street ended at session highs and the Nasdaq scored a new record.
Stocks Solidly Higher as Amex Earnings Fuel Good Vibes Over Reporting Season
Stocks rise Thursday as positive earnings from Dow Jones Industrial Average component American Express do most of the work for benchmark indexes.
Citi's focus on new home loans spurs $982M sale of servicing rights
The New York-based banking giant said it is exiting the servicing industry by 2018, a move that comes amid a pullback by many of its peers since the financial crisis.
A look back at wilbur ross' biggest deals
The man nominated by Donald Trump to be Secretary of Commerce is known as a 'vulture' investor who has capitalized on struggling industries.
Ocwen Financial (OCN) Stock Soaring on Q3 Results
Ocwen Financial (OCN) reported a third-quarter profit, while analysts expected a loss.
Ocwen Financial (OCN) Stock Spikes on Q2 Revenue Beat
Ocwen Financial (OCN) stock is soaring on Thursday afternoon following the company’s better-than-anticipated second quarter revenue.
Breaking News
Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand
The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.
Economist El-Erian Sees Strong Chance for Recession
But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
What Happens to Your Credit Card When Interest Rates Rise
With interest rates soaring, credit card consumers may be in for a shock