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Saturday 18 July 2015
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Pre-Market News Analysis on: Ocwen Financial (NYSE:OCN), United Parcel Service, (NYSE:UPS), T-Mobile US (NYSE:TMUS), Santander Consumer Holdings (NYSE:SC)

On Thursday, Ocwen Financial Corp (NYSE:OCN)’s shares declined -0.99% to $10.05.

The NAACP Florida State Conference and Ocwen Financial Corporation (OCN) hosted a “Assist & Hope for Homeowners” event on Saturday, June 20, which offered Florida homeowners in need the opportunity to receive in-person, individualized advice and mortgage solutions.

Homeowners had the opportunity to meet with Ocwen Home Retention Agents, who talk abouted loan modification options to make their mortgage payments more manageable, potentially saving their home from foreclosure. United States Department of Housing and Urban Development (HUD) approved financial counselors were also in attendance providing financial counseling and assisting homeowners with the necessary paperwork.

Homeowners had the opportunity to meet with Ocwen Home Retention Agents, who talk about loan modification options to make their mortgage payments more manageable, potentially saving their home from foreclosure. United States Department of Housing and Urban Development (HUD) approved financial counselors were also in attendance providing financial counseling and assisting homeowners with the necessary paperwork.

Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset administration services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio comprises conventional, government insured, and non-agency loans.

United Parcel Service, Inc. (NYSE:UPS)’s shares gained 0.27% to $97.20.

UPS (UPS) declared the induction of 26 Canadian drivers into its elite “Circle of Honor.” The group, in a class by themselves, has achieved 25 years of safe driving.

Collectively, the 7,878 worldwide UPS drivers have logged more than 8.5 billion kilometers and more than 221,000 years of safe driving through their careers. That’s enough kilometers to travel to Mars and back 36 times.

In addition to the new inductees, UPS Canada drivers Robert Avis, Doug Coxon, and Karl Peter reached a milestone of 38 years of safe driving. All three drivers have been recognized as Canada’s longest serving employees and members of the prestigious Circle of Honor who have delivered millions of packages throughout their career with no-at-fault accidents.

UPS drivers worldwide are among the safest on the roads, logging more than 4.8 billion kilometers per year and delivering more than 4 billion packages safely. Before ever making a delivery, all UPS drivers are taught safe driving methods through the company’s defensive driving platform and the training continues throughout their careers.

Collectively, the 7,878 worldwide UPS drivers have logged more than 8.5 billion kilometers and more than 221,000 years of safe driving through their careers. That’s enough kilometers to travel to Mars and back 36 times.

In addition to the new inductees, UPS Canada drivers Robert Avis, Doug Coxon, and Karl Peter reached a milestone of 38 years of safe driving. All three drivers have been recognized as Canada’s longest serving employees and members of the prestigious Circle of Honor who have delivered millions of packages throughout their career with no-at-fault accidents.

UPS drivers worldwide are among the safest on the roads, logging more than 4.8 billion kilometers per year and delivering more than 4 billion packages safely. Before ever making a delivery, all UPS drivers are taught safe driving methods through the company’s defensive driving platform and the training continues throughout their careers.

At the end of Thursday’s trade, T-Mobile US Inc (NYSE:TMUS)‘s shares surged 0.88% to $38.97.

T-Mobile US Inc (TMUS) promised to take on a wireless industry that’d grown too fat to give a damn about its customers. Since then, the Un-carrier™ has eliminated the worst of the carrier abuses with an aggressive drumbeat of industry-rocking moves—and Americans have responded by making T-Mobile America’s fastest growing wireless company. But the company isn’t stopping there. T-Mobile is rolling out a series of epic updates to some of its wildly popular Un-carrier moves this summer and calling it ‘Un-carrier Amped!’ So today, the company kicked things off in a big way by amping up Un-carrier 2.0, its groundbreaking JUMP!® program, and introducing the industry’s lowest monthly cost to get an iPhone 6 when you trade-in your smartphone.

T-Mobile US, Inc., together with its auxiliaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, such as smartphones, tablets, and other mobile communication devices, in addition to accessories, which are manufactured by various suppliers. It offers services, devices, and accessories through its owned and operated retail stores, in addition to through its Websites.

Santander Consumer USA Holdings Inc (NYSE:SC), ended its Thursday’s trading session with -1.06% loss, and closed at $26.20.

Santander Consumer USA Holdings Inc (SC) declared a broad reorganization of its Board of Directors, counting the appointment of four new independent SHUSA directors and the creation of the position of Lead Independent Director.

The new independent SHUSA directors will be Alan Fishman, Chairman of Ladder Capital; Thomas S. Johnson, former Chairman and CEO of GreenPoint Capital; Catherine Keating, CEO of Commonfund; and Richard Spillenkothen, former head of banking supervision at the Federal Reserve Board and former director of Deloitte & Touche LLP.

The new independent SHUSA directors will be Alan Fishman, Chairman of Ladder Capital; Thomas S. Johnson, former Chairman and CEO of GreenPoint Capital; Catherine Keating, CEO of Commonfund; and Richard Spillenkothen, former head of banking supervision at the Federal Reserve Board and former director of Deloitte & Touche LLP.

Santander Consumer USA Holdings Inc., a specialized consumer finance company, provides vehicle finance and unsecured consumer lending products in the United States. The company’s vehicle finance products and services comprise retail installment contracts, vehicle leases, and dealer loans.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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