Walter Investment Management (WAC) Tops Q2 EPS by 4c
- Stocks and yen struggle as tech troubles weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Walter Investment Management (WAC) Names New CEO
August 9, 2016 6:26 AM EDTWalter Investment Management (NYSE: WAC) announced that it has appointed Anthony Renzi as CEO.
Renzi will join in Q416.
About Anthony RenziAnthony Renzi most recently served as the Chief Operating Officer, Managing Director and Head of Operations for Citi's North America Retail Bank,... More
Walter Investment Management (WAC), New Residential (NRZ) Enter MSR Purchase and Sale Agreement
August 9, 2016 6:09 AM EDTNew Residential Investment Corp. (NYSE: NRZ) and Walter Investment Management Corp. (NYSE: WAC) announced an agreement (the Purchase Agreement) for the purchase and sale of approximately $35 billion UPB of seasoned conventional mortgage servicing rights (MSRs) for a purchase price of approximately $231 million.
In addition, New Residential, Walter and Walter Capital Opportunity, LP have agreed in principle for the purchase and sale of substantially all of the assets of Walter Capital Opportunity, LP and its subsidiaries (WCO), along with certain related assets owned by Walter, which, collectively, represent approximately $37 billion UPB... More