Shares of Realogy Holdings Corp., owner of brokerage brands Coldwell Banker and Century 21, fell the most on record after the company reported a slowdown in sales that it expects to persist this year as the U.S. housing recovery cools. Realogy Holdings Corp (NYSE:RLGY) shares after opening at $39.40 moved to $39.78 on last trade day and at the end of the day closed at $39.04. Company price to sales ratio in past twelve months was calculated as 1.08 and price to cash ratio as 24.18. Realogy Holdings Corp (NYSE:RLGY) showed a negative weekly performance of -7.05%.
Ocwen Financial Corp (NYSE:OCN) had its price objective decreased by Oppenheimer from $56.00 to $48.00 in a report released on Friday, AR Network reports. Oppenheimer currently has an outperform rating on the stock. Ocwen Financial Corp (NYSE:OCN) shares fell -2.37% in last trading session and ended the day on $33.73. OCN return on equity ratio is recorded as 18.80% and its return on assets is 4.70%. Ocwen Financial Corp (NYSE:OCN) yearly performance is -9.30%.
CIT Group Inc. (NYSE:CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, on 30 April announced that CIT Real Estate Finance provided a $36 million senior secured loan to Kushner Companies, a diversified real estate company headquartered in New York City. CIT Group Inc. (NYSE:CIT) shares moved down -2.27% in last trading session and was closed at $42.28, while trading in range of $42.19 – $43.05. CIT Group Inc. (NYSE:CIT) year to date (YTD) performance is -18.72%.
On April 16, 2014, the Board of Directors (the “Board”) of Intrexon Corporation (NYSE:XON) accepted the resignation of Thomas D. Reed from his position as director. Dr. Reed will continue to serve as Chief Science Officer of the Company. To fill the vacancy on the Board left by Dr. Reed’s resignation and upon recommendation of its Nominating and Governance Committee, the Board appointed James S. Turley as a non-employee director of the Company effective April 16, 2014. Intrexon Corp (NYSE:XON) weekly performance is -3.28%. On last trading day company shares ended up $18.00. Intrexon Corp (NYSE:XON) distance from 50-day simple moving average (SMA50) is -26.54%. Analysts mean target price for the company is $31.75.