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Stocks in News : Newmont Mining Corporation (NYSE:NEM), Ocwen Financial Corp. (NYSE:OCN), Wells Fargo & Company (NYSE:WFC), FireEye, Inc. (NASDAQ:FEYE), Waters (NYSE:WAT)

Stocks in News : Newmont Mining Corporation (NYSE:NEM), Ocwen Financial Corp. (NYSE:OCN), Wells Fargo & Company (NYSE:WFC), FireEye, Inc. (NASDAQ:FEYE), Waters (NYSE:WAT)
Written by
Charles Donlon
Published on
October 24, 2014
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Once again Newmont Mining Corp. and its employees pledged more than $2 million to local charities through the Legacy Fund. Newmont recently completed its fifth annual Legacy Fund Employee Giving Campaign. About 2,300 Newmont employees pledged $1.095 million and the company will match those donations dollar for dollar for a total of $2.19 million for 2015, said Mary Korpi, director of external relations for Newmont’s Nevada operations. Newmont Mining Corporation (NYSE:NEM) in last trading activity moved down -2.61% to close at $22.00. Company weekly performance is -3.17% while its quarterly performance stands at -12.46%. Newmont Mining Corporation (NYSE:NEM) is -21.49% away from its 52 week high. Ocwen Financial Corp. (NYSE:OCN) on Oct. 21 issued the following update to its earlier statement addressing a letter it received from the New York Department of Financial Services (“DFS”) related to erroneously dated borrower correspondence: “Ocwen wishes to correct its statement in a press release earlier today that 283 borrowers in New York received letters with incorrect dates. Ocwen is aware of additional borrowers in New York who received letters with incorrect dates but does not yet know how many such letters there were. Ocwen is continuing its investigation into these matters. We are working with and fully cooperating with DFS and the Monitor to address their concerns.” On last trading day Ocwen Financial Corp. (NYSE:OCN) increased 2.47% to close at $19.51. Its volatility for the week is 12.09% while volatility for the month is 5.57%. OCN's sales growth for past 5 years was 32.90% and its EPS growth for past 5 years was 48.00%. Ocwen Financial Corp. (NYSE:OCN) monthly performance is -27.53%. This week's Charlotte Business Journal lists the area's largest conventional and government-backed mortgage lenders, ranked by 2013 total mortgage amount secured by area properties. Wells Fargo & Co. tops both lists, with $286 million in government-backed loans and $1.2 billion in conventional loans for Charlotte-area home purchases and refinancing deals.On last trading day Wells Fargo & Company (NYSE:WFC) increased 0.86% to close at $50.60. Its volatility for the week is 1.34% while volatility for the month is 1.78%. WFC's sales growth for past 5 years was 6.20% and its EPS growth for past 5 years was 40.90%. Wells Fargo & Company (NYSE:WFC) monthly performance is -2.93%. FireEye Inc (NASDAQ: FEYE) is approaching a strong resistance line. A break of 30.82 would continue the momentum of its uptrend with a short term target at 36.85. The Relative Strength Index is moving higher, which is a sign of growing strength in the stock. Also the MACD is giving a positive indication. FEYE will move quickly, so keep it on your screen on Wednesday. FireEye, Inc. (NASDAQ:FEYE) has 2.80% insider ownership while its institutional ownership stands at 69.70%. In last trading activity company's stock closed at $30.88. Lecorpio, the leader in cloud-based Intellectual Property (IP) management and analytics, today announced that Waters Corporation has selected Lecorpio's intellectual asset management solution to unify its IP program and provide analytics to drive better business decisions. On Thursday shares of Waters Corporation (NYSE:WAT) closed at $107.34. Company's sales growth for last 5 years was 3.90% and EPS growth for next 5 years is recorded as 9.67%.

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