... Print. * Dow, S&P 500 hovering near all-time highs. * Facebook off on plan to offer shares; results lift Oracle. * U.S.
Also cash flow from operations for the last nine months is about $3 billion. These guys are not short of cash. And also this: Our principal purpose for selling shares in this offering is to obtain additional capital.
Previously (ETSLTOTL) owned U.S. home sales declined for the third consecutive month in November to the lowest level of the year as rising mortgage rates and a limited supply of properties discouraged buyers.
Ocwen Financial Corp. will provide $2 billion in principal reductions to underwater borrowers, as well as refund $125 million to almost 185,000 borrowers who lost their homes to foreclosure, under a settlement announced Thursday that resolves allegations ...
The company said Thursday that it is looking to either spin off or sell Red Lobster as part of its plan to boost value for its shareholders.