Items Tagged with 'NYSE'

ARTICLES

  • NYSE parent company ICE acquires MERS

    ICE buys remaining stake in mortgage registry
    Intercontinental Exchange, the parent company of the New York Stock Exchange, is now also the parent company of MERSCORP Holdings, as the companies announced Friday that ICE has acquired all of MERS.
    Read More
  • Walter Investment could be booted from NYSE for low stock price, market cap

    Nonbank receives delisting notice after market cap stays well below $50 million
    On July 14, 2017, Walter Investment Management Corp. disclosed that it received a notice from the New York Stock Exchange after the company’s shares closed at an average price of less than $1 for a consecutive 30 trading-day period. Walter’s stock closed at $0.77 that day, and since then, things haven’t gotten any better. In fact, they’ve gotten much worse – so much so that Walter is now at risk of being kicked off the NYSE.
    Read More
  • Walter Investment hit with NYSE warning after shares stay below $1

    Shares traded at less than $1 for one month
    On Dec. 5, 2016, Walter Investment Management Corp.’s stock closed at $7.35. Since then, the nonbank’s stock dropped precipitously. So much so, in fact, that the stock is now trading well below $1 and the NYSE issued a warning stating the company is no longer in compliance with the stock exchange’s rules.
    Read More
  • [Video] HUD Secretary Ben Carson rings NYSE closing bell

    In honor of National Homeownership Month
    U.S. Department of Housing and Urban Development Secretary Ben Carson is continuing to promote National Homeownership Month this week. In honor, Carson, along with his family, toured the floor of the NYSE exchange and had the honor ringing Monday’s closing bell. Check out the article for a full video of the event.
    Read More
  • loanDepot CEO explains IPO cancellation

    "IPO continues to be an option"
    loanDepot Chairman and CEO Anthony Hsieh published a company blog to explain his thoughts on pulling its IPO, saying, "Unlike other IPO candidates, we’re already moving forward with our plans because of our capital reserves and the investor confidence we’ve earned beyond the IPO market. And while an IPO continues to be an option, perhaps one day in the future, it’s not a necessity."
    Read More
  • Stonegate CEO departure could lead to delisting warning from NYSE

    Majority of company’s board of directors are not independent
    The abrupt departure of Stonegate Mortgage Founder and CEO Jim Cutillo could have Stonegate in a bit of hot water with the New York Stock Exchange, as the majority of its board of directors are no longer independent. The problem: This is in direct violation of NYSE rules.
    Read More
  • Ocwen faces delisting from New York Stock Exchange

    Is the HLSS situation the iceberg that sinks Ocwen?
    The calendar may say that it’s officially Spring, but Ocwen Financial’s winter of discontent is nowhere close to being over. Now, the bank is facing delisting from the New York Stock Exchange because of its continued delays in filing its 2014 annual report.
    Read More