On 12 December Ocwen Financial Corp. (NYSE:OCN) announced the purchase of 1,705 delinquent FHA-insured loans with a principal balance of $253.1 million from Ginnie Mae pools (Ginnie Mae EBO Loans) for which Ocwen Loan Servicing, LLC, was already the servicer. Ocwen Financial Corp. (NYSE:OCN) in last trading activity decreased -3.76% to close at $14.32. Company weekly performance is -33.40% while its quarterly performance stands at -46.27%. Ocwen Financial Corp. (NYSE:OCN) is -74.80% away from its 52 week high.
On 17 December Kinross Gold Corporation (NYSE:KGC) has completed the sale of its interest in Aurelian Resources and the Fruta del Norte project to Fortress Minerals (TSXV:FST.H) for $240 million. Fortress is a member of the Lundin group of companies. On last trading day Kinross Gold Corporation (NYSE:KGC) moved up 3.33% to close at $2.79. Its volatility for the week is 6.21% while volatility for the month is 6.58%. KGC’s sales growth for past 5 years was 18.50% and its EPS growth for past 5 years was -15.80%. Kinross Gold Corporation (NYSE:KGC) monthly performance is -7.92%.
On 20 December Legg Mason Inc. (NYSE:LM) said Nelson Peltz’s Trian Fund Management got approval to buy as much as 13 percent of the firm’s outstanding shares after the activist investor stepped down from the board. On last trading day Legg Mason Inc. (NYSE:LM) decreased -0.11% to close at $54.45. Its volatility for the week is 1.67% while volatility for the month is 2.18%. LM’s sales growth for past 5 years was -4.00% and its EPS growth for past 5 years was 16.70%. Legg Mason Inc. (NYSE:LM) monthly performance is -3.66%.
On 3 December Church & Dwight Co. Inc. (NYSE:CHD) signed an agreement to acquire the assets of VI-COR, a manufacturer and seller of feed ingredients for dairy cows, beef cattle, poultry and other livestock, located in Mason City, Iowa. The VI-COR products are yeast-based feed ingredients for improving livestock digestive health and performance which complement our existing dairy nutrition business. Church & Dwight Co. Inc. (NYSE:CHD) has 0.20% insider ownership while its institutional ownership stands at 81.40%. In last trading activity company’s stock closed at $80.18.
On 10 December Xerium Technologies Inc. (NYSE:XRM) launched Hyperstar XLS roll cover technology. Hyperstar XLS is the latest addition to the industry leading Hyperstar XL family of roll covers. Hyperstar XLS is specifically engineered to provide a softer cover option for heavier coat weight applications in film presses. In addition, due to its unique design, this cover delivers superior wear resistance compared to other similar-hardness roll covers. Xerium Technologies Inc. (NYSE:XRM) has 5.40% insider ownership while its institutional ownership stands at 70.70%. In last trading activity company’s stock closed at $15.40.