Home Loan Servicing Solutions Under Fire From SEC in Ocwen Dealings

The U.S. Securities and Exchange Commission (SEC) charged Home Loan Servicing Solutions Ltd. (HLSS) for making material misstatements regarding the handling of related party transactions and the value of its ...
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Nearly Half of Americans Have No Savings

In response to a recent survey question asking people how much money they had in a savings account, some 28% said “zero.” Nearly 21% more had no savings account at ...
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SEC Charges Florida Firm With Defrauding Investors

The U.S. Securities and Exchange Commission (SEC) announced fraud charges against a Florida-based investment adviser and his company. Arthur F. Jacob and Innovative Business Solutions (IBS) are under the regulatory ...
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GMS Files for IPO

GMS has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). There were no details or terms regarding pricing in ...
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Do Diesel Cars Have a Future After VW Scandal?

Just about everyone agrees that Volkswagen is going to get hit hard following revelations that the company’s diesel cars had been rigged to cheat on emissions tests. But there are ...
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Merrill Lynch Makes 3 Key Changes to US 1 List in Oil and REITs

Many firms have their own version of a "focus list" of top Buy-rated stocks for their clients. The Merrill Lynch US 1 List is effectively the same thing as the ...
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Does Another Spending Cut Improve Outlook for Petrobras?

Petroleo Brasileiro S.A. (NYSE: PBR) announced Tuesday morning that it is cutting its spending plan for the current fiscal year from $28 billion to $25 billion and its 2016 spending ...
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American Farmland Sets Terms for IPO

American Farmland Company has filed an amended S-11 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. In the filing 12 million units are being ...
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The Real Driving Force Behind Pepsi’s Earnings Gains

PepsiCo Inc. (NYSE: PEP) reported its third-quarter financial results before the markets opened on Tuesday and one key analyst has already weighed in on the company. For 24/7 Wall St.’s ...
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IMF Confirms Slower Global GDP Growth Targets in 2015 and 2016

When Christine Lagarde of the International Monetary Fund (IMF) spoke last week, it had all the hallmarks of a precursor to a downgrade of the IMF's global growth targets. Now ...
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Is Freeport Giving In to Carl Icahn?

The more things change, the more they stay the same. In mid-2013, Freeport-McMoRan Inc. (NYSE: FCX) completed a $20 billion acquisition of two oil and gas companies, one of which ...
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What to Expect From Yum Earnings

Yum! Brands Inc. (NYSE: YUM) is scheduled to report its third-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $1.07 in EPS ...
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Why Sarepta Deserves Praise for Capital Raise Despite Stock Drop

Sarepta Therapeutics Inc. (NASDAQ: SRPT) is continuing to have an amazing year in 2015, despite the broad markets lagging. The company’s most recent move is a strategic masterpiece, considering the ...
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US Trade Deficit Grew Handily in August

The reading on international trade, known as the U.S. trade deficit to those who have been watching the reading since the 1980s and 1990s, came in at -$48.3 billion in ...
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Warren Buffett Gets Into Cybersecurity Insurance

If there is a way to make a dollar or two off of secular trends, chances are high that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) may be interested ...
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