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PHH Tumbles 16%, Withdraws Prior Guidance
Monday, April 11, 2016 - 2:37pm | 294Read More...Shares of PHH Corporation (NYSE: PHH) plunged more than 16 percent on Monday after the company withdrew its prior financial guidance and announced changes to its private label client relationship. PHH said Merrill Lynch Home Loans indicated its intent to move the origination of new applications...
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Memories Of March Return As Momentum Stocks Hit Hard
Tuesday, July 8, 2014 - 4:49pm | 1900Read More...U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...
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Market Wrap For May 21: Fed's Minutes Support Wednesday's Bull Run
Wednesday, May 21, 2014 - 4:37pm | 2652Read More...U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...
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Barron's Recap (11/24/12): Trouble in Tea Land
Saturday, November 24, 2012 - 1:22pm | 840Read More...This weekend in Barron's online: the prospects for Hain Celestial, Atlantic City, PPH and European stocks, as well as a look at jazz from HBO's Treme. Cover Story "Unnaturally Good" by Bill Alpert. Organic food company Hain Celestial (NASDAQ: HAIN) has built a small empire through two decades of...
