Ocwen Financial Corporation (NYSE:OCN), on 26 January has responded to a letter from lawyers representing BlueMountain Capital Management, LLC, a purported holder of notes issued by HLSS Servicer Advance Receivables Trust, by addressing the allegations in the letter directly with the indenture trustee, Deutsche Bank National Trust Company. Ocwen intends to vigorously defend itself against the allegations in the letter. On Friday shares of Ocwen Financial Corp. (NYSE:OCN) closed at $6.12. Company’s sales growth for last 5 years was 32.90% and EPS growth for next 5 years is recorded as 4.00%.
Gulf Resources, Inc. (NASDAQ:GURE) announced that the company has found natural gas resources under its bromine well in Sichuan area. Gulf Resources, Inc. (NASDAQ:GURE) in last trading activity moved up 49.15% to close at $1.76. Company weekly performance is 44.27% while its quarterly performance stands at 23.08%. Gulf Resources, Inc. (NASDAQ:GURE) is -45.00% away from its 52 week high.
Research analysts at Maxim Group lowered their price target on shares of Glori Energy (NASDAQ:GLRI) from $6.00 to $4.50 in a report released on Friday. The firm currently has a “buy” rating on the stock. Maxim Group’s target price suggests a potential upside of 38.46% from the company’s current price. On last trading day Glori Energy, Inc. (NASDAQ:GLRI) moved up 1.90% to close at $3.22. Its volatility for the week is 8.84% while volatility for the month is 9.98%. Glori Energy, Inc. (NASDAQ:GLRI) monthly performance is -19.90%.
The El Segundo, California-based company Mattel, Inc. (NASDAQ:MAT) posted quarterly earnings of $149.9 million, or $0.44 per share, compared to $369.2 million, or $1.07 per share, in the year-earlier quarter. Mattel, Inc. (NASDAQ:MAT) has 0.20% insider ownership while its institutional ownership stands at 91.80%. In last trading activity company’s stock closed at $26.90.
Oneida Financial Corp. (NASDAQ: ONFC), has announced fourth quarter operating results. Net income for the three months ended December 31, 2014 was $294,000 or $0.04 diluted earnings per share, compared to $1.6 million or $0.23 diluted earnings per share, for the three months ended December 31, 2013. On last trading day Oneida Financial Corp. (NASDAQ:ONFC) moved down -0.32% to close at $13.17. Its volatility for the week is 0.79% while volatility for the month is 1.49%. ONFC’s sales growth for past 5 years was -3.50% and its EPS growth for past 5 years was 41.30%. Oneida Financial Corp. (NASDAQ:ONFC) monthly performance is 1.84%.