Fidelity National planning Black Knight IPO

Posted December 26, 2014 / No comments

In what constitutes a “Back to the Future” moment for Fidelity National, the company is planning an initial public offering of stock in its subsidiary, Black Knight Financial Services. If approved, the company would trade on the New York Stock Exchange under the ticker symbol “BKFS.” Source: Housing Wire

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Morningstar: True cost of Ocwen settlement far exceeds $150 million

Posted December 26, 2014 / No comments

If Ocwen Financial thought that its regulatory troubles were over now that it settled with the New York Department of Financial Services for $150 million, the beleaguered company has another thing coming. The increased regulatory scrutiny and loss of its chairman could cripple Ocwen’s growth, according to Morningstar. Source: Housing Wire

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U.S. holiday sales show steady growth: MasterCard

Posted December 26, 2014 / No comments

(Reuters) – The 2014 holiday season showed steady growth over the last year on strong demand for jewelry and women’s apparel, according to data published by MasterCard Advisors SpendingPulse, which tracks customer spending during the holiday season….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want

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Holiday Retail Sales Online Rise 16 Percent – Bloomberg

Posted December 26, 2014 / No comments

Holiday Retail Sales Online Rise 16 Percent Bloomberg Amazon.com Inc. (AMZN) and other Web retailers sold more products than ever this holiday season, boosted by early promotions and investments in delivery systems that helped avoid the widespread shipping snags of last year. Online shopping is on pace to … and more »…(read more) Forward this article via

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