Ocwen Financial Corp (NYSE:OCN), the biggest non-bank servicer of US mortgages, is aiming to sell as much as $1bn of a new type of debt this year to help finance its future growth. But Ocwen may face an uphill battle to sell the new breed of bonds, which are backed by its mortgage servicing rights, after pricing its first such deal last week amid growing regulatory scrutiny over the company’s rapid expansion. Ocwen Financial Corp (NYSE:OCN) stock opened at $37.47 in last trading session, and closed at $39.00, trading in the range of $37.11 – $39.48. The stock showed a positive weekly performance of 3.04%.
First Niagara Financial Group Inc. (NASDAQ:FNFG) saw a big move last session, as the company’s shares fell nearly 11% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $55.80 to $67.83 in the past one-month time frame. First Niagara Financial Group Inc. (NASDAQ:FNFG) shares closed at $8.82 on last trade day, by gaining 1.26%. Stock 52 week range is $7.83 – $11.34. Company’s market capitalization is $3.12 billion.
People’s United Financial (NASDAQ:PBCT) was upgraded by stock analysts at EVA Dimensions LLC from a “hold” rating to an “overweight” rating in a report issued on Wednesday, Stock Ratings News reports. People’s United Financial, Inc. (NASDAQ:PBCT) stock advanced 1.00% and finished the last session at $14.20. The EPS of the stock remained 0.74. Company’s market capitalization is $4.36 billion.
Hudson City Bancorp, Inc. (NASDAQ:HCBK) stock has an average recommendation of Hold with an average target price of $ 9.14. Hudson City Bancorp, Inc. (NASDAQ:HCBK) stock opened at $9.21 in last trading session and closed at $9.34. The 52 week range of the stock is $7.67 – $9.79 and the day range was $9.18 – $9.39.