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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.

Breaking News

Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat

"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.

Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns

Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.

Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks

"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.

General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory

GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.