On Friday, Shares of Ocwen Financial Corp (NYSE:OCN), gained 2.10% to $7.79.
The NAACP New York State Conference, in partnership with Ocwen Financial Corporation (OCN), declared its third local homeowner outreach event to assist struggling borrowers. The “Assist & Hope for Homeowners” event will be held on Saturday, September 26, 2015 in Uniondale, NY, and will offer New York homeowners the opportunity to meet with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development approved financial counselors to learn about loan modification programs, counting principal reductions, that can assist make their homes more affordable. This event for Ocwen customers follows successful events recently held in Chicago and Ft. Lauderdale where over 250 borrowers sought solutions.
In August 2015, New York State Comptroller Thomas P. DiNapoli issued a report on foreclosure activity in New York, finding that “trends in both new foreclosure filings and the total number of pending foreclosure cases indicate that the problem is far from resolved.” Specifically, the downstate area outside of New York City has practiced “the greatest number of pending foreclosures, and has practiced relatively rapid growth in the number of pending foreclosure cases over the past two years.”
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.
Shares of T. Rowe Price Group Inc (NASDAQ:TROW), declined -1.31% to $69.44, during its last trading session.
T. Rowe Price’s 2015 Parents, Kids & Money Survey revealed that having conversations with kids about money is critical to raising financially savvy kids. There is also a noteworthy benefit in letting kids experience money, and providing an allowance is one way to do that. Parents who combine conversations with experiential learning are most likely to have financially smart kids.
T. Rowe Price encourages parents to invest in their kids’ futures by talking to them about money matters weekly. To assist, the firm created MoneyConfidentKids.com, which provides free online games for kids, lessons for educators, and tips for parents focused on financial concepts such as aim setting, spending as compared to saving, inflation, asset allocation, and investment diversification.
Judith Ward, CFP, a senior financial planner at T. Rowe Price, explains, “It’s intuitive that talking to kids about money gives them financial knowledge. However, we were surprised to see the extent to which letting kids experience money may have an impact. While giving kids an allowance is one way to let them experience money, parents can also consider opening up a savings account for them or letting them use a debit or credit card, with some guardrails of course.
T.Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.
At the end of Friday’s trade, Shares of Cerner Corporation (NASDAQ:CERN), lost -1.61% to $59.83.
Glens Falls Hospital, a comprehensive integrated health care system in upstate New York, and Cerner, a global leader in health care technology, have formed a planned alignment to connect the health system onto one electronic health record (EHR). Cerner will extend its Millennium(R) EHR into the system’s ambulatory facilities, enhance clinical processes and health care delivery capabilities, and position the health system for future growth and advancement.
The improved partnership will assist enable the health system to deploy new capabilities to optimize resources and achieve efficiencies and cost savings by implementing one EHR across the organization.
“After evaluating all EHR suppliers, we decided that extending our use of Cerner Millennium to our ambulatory clinics and leveraging Cerner ITWorkssm gave us the best opportunity to deliver value and connect the health system,” said Dianne Shugrue, president and CEO of Glens Falls Hospital.
Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers in the United States and internationally.
Finally, Rackspace Hosting, Inc. (NYSE:RAX), ended its last trade with -1.68% loss, and closed at $30.52.
Rackspace Hosting, declared that Brigade, a startup building tools for people to express their civic identity, learn about their friends and neighbors and work toward common aims together, is using Rackspace OnMetal Cloud Servers powered by OpenStack. Cloud-like dedicated OnMetal servers allow Brigade to power its omnichannel app with speed, stability, and reliability.
Brigade uses the latest social and mobile technology to engage ordinary citizens in government through topics like issue advocacy and elections. The app assists people come together to declare their beliefs and values, get organized with likeminded people and take action together. Founded in June 2014, Brigade’s iOS, Android, and desktop apps were released into beta earlier this summer.
“As identity moves online and people spend more of their lives on digital mediums, Brigade aims to establish a network of tools that bring people together, assist them organize and have an impact on issues that they care about,” said Matt Mahan, CEO of Brigade. “We are passionate about consumer experiences and powering those experiences through technology. Rackspace shares the same passion for service and enthusiasm for our business, and we consider them an extension of our in-house IT team.”
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide.
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