On Thursday, Corelogic Inc (NYSE:CLGX)’s shares inclined 0.21% to $38.54.
Corelogic Inc (CLGX) released its April 2015 National Foreclosure Report which shows that the foreclosure inventory declined by 24.9 percent and accomplished foreclosures declined by 19.8 percent from April 2014. There were 40,000 accomplished foreclosures nationwide in April 2015, down from 50,000 in April 2014, representing a decrease of 65.8 percent from the peak of accomplished foreclosures in September 2010, according to CoreLogic data.
Accomplished foreclosures are an indication of the total number of homes actually lost to foreclosure. Since the financial crisis began in September 2008, there have been about 5.7 million accomplished foreclosures across the country, and since homeownership rates peaked in the second quarter of 2004, there have been about 7.8 million homes lost to foreclosure.
As of April 2015, the national foreclosure inventory comprised of about 521,000 homes, or 1.4 percent, of all homes with a mortgage contrast with 694,000 homes, or 1.8 percent, in April 2014.
CoreLogic, Inc. provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific. The company operates through two segments, Technology and Processing Solutions and Data & Analytics (D&A). The Technology and Processing Solutions segment offers property tax monitoring, flood zone certification and monitoring, credit services, mortgage loan administration and production services, lending solutions, mortgage-related business process outsourcing, technology solutions and compliance-related services.
Baidu Inc (ADR) (NASDAQ:BIDU)’s shares gained 1.05% to $206.77.
VisionChina Media Inc. (VISN), China’s largest out-of-home digital television advertising network on mass transportation systems and the leading provider of urban mass transit Wi-Fi, recently declared the signing of a definitive Equity Subscription Agreement (the “Agreement”) for about US$11.5 million of Series A equity for Shenzhen Qianhai VisionChina Mobile Interactive Co., Ltd. Qianhai Mobile is a merged associate[1] of the Company engaged in the research, development and operation of mass transit Wi-Fi networks and the provision of mobile Internet value-added services in the PRC. The transaction was led by Beijing Baidu Netcom Science Technology Co., Ltd., a merged associate of Baidu Inc. (BIDU) and also comprised of Guangdong Zhongke Baiyun New Industry Venture Investment Co., Ltd. and Dongguan Zhongke Zhongguang Venture Investment Co., Ltd., both of which are reputable national private equity investors in the PRC. The transaction is subject to customary closing conditions.
As part of the transaction, Qianhai Mobile and Baidu have reached a Business Cooperation Agreement to jointly develop and monetize mobile app distribution and other mobile passenger services powered by Baidu Map.
As of date of this press release, VisionChina Media, through its Qianhai Mobile associate, has secured exclusive concession rights for bus Wi-Fi services in 18 cities across China, counting Shanghai, Shenzhen, Guangzhou and Tianjin, covering about 35,000 buses. Presently, Qianhai Mobile provides free Wi-Fi Internet services on about 15,000 buses under the brand name “VIFI,” spanning over 7.5 million commuters and providing over 3 million Wi-Fi service sessions per day. The Company will use the proceeds from this transaction to pursue additional concession rights and further expand its Wi-Fi network infrastructure to solidify its leading position in this market.
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.
At the end of Thursday’s trade, Discovery Communications Inc.(NASDAQ:DISCA)‘s shares dipped -0.81% to $32.96.
Velocity, a division of Discovery Communications Inc. (DISCA).
Velocity declared the creation of Drive Smart, a national advocacy campaign encouraging and raising awareness for safe driving practices. Joining forces with Mothers Against Drunk Driving® (MADD) and TeenDrive365: In School, Drive Smart is intended to assist save lives by stopping drunk, drugged and distracted driving through a mix of partner initiatives, on-air messages, online content, social media outreach and consumer facing events.
Through VelocityDriveSmart.com the network is urging viewers to take the Drive Smart pledge: to never drive under the influence of alcohol or drugs; to drive free of distractions from phones, friends, food and more; and to protect themselves and loved ones. For every pledge received Velocity is committing a donation to MADD, whose mission is to end drunk driving, to assist fight drugged driving, to support the victims of those violent crimes and to prevent underage drinking. Velocity is also the national media sponsor for Walk Like MADD®, the organization’s signature fundraising event used to raise awareness and funds to assist eliminate drunk driving. Last year Walk Like MADD events raised nearly three million dollars to support MADD’s community programs and victim services at no charge to victims and survivors of drunk and drugged driving crashes.
According to the most recent data accessible from the National Highway Traffic Safety Administration (NHTSA), 3,154 people were killed in motor vehicle crashes involving distracted drivers in 2013 and about 424,000 people were injured. NHTSA also stated that in 2013 10,076 people were killed in alcohol-impaired driving crashes, an average of one fatality every 52 minutes, and another 290,000 people were injured. Alcohol-impaired-driving fatalities accounted for 31 percent of the total motor vehicle traffic fatalities in the United States (NHTSA). About 20 percent of drivers tested positive for at least one drug in 2014, up from 16.3 percent in 2007, and more than 15 percent of drivers tested positive for at least one illegal drug, up from 12 percent in 2007 (NHTSA).
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. It owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
Ascena Retail Group Inc (NASDAQ:ASNA), ended its Thursday’s trading session with 0.64% gain, and closed at $15.70.
Lane Bryant is a wholly-owned partner of Ascena Retail Group, Inc. (ASNA). Lane Bryant is excited to declare that renowned Ready to Wear designer Christian Siriano will be creating a limited-edition line exclusively for the specialty sized retailer. The collection is set to hit stores Spring 2016, and will be sold under the Christian Siriano for Lane Bryant label.
Christian Siriano combines old-school glamour with a modern whimsical twist using beautiful tailoring and intricate detailing. A member of the CFDA since 2013, Christian brings a fresh point of view to American sportswear. Christian Siriano will be the fourth designer partnership for Lane Bryant joining the successful Isabel Toledo, Sophie Theallet and Lela Rose collections.
Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of apparel for women, and tween girls and boys. It operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines segments. The company offers apparel, accessories, footwear, intimates, wear-to-work, and casual sportswear; and lifestyle products, such as bedroom furnishings and electronics, in addition to social occasion apparel, career wear, dressy apparel, and active wear.
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