Key Developments: Altisource Asset Management Corp (AAMC.A)

AAMC.A on American Stock Exchange

222.04USD
17 Apr 2015
Change (% chg)

$-10.94 (-4.70%)
Prev Close
$232.98
Open
$233.27
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$233.27
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$222.04
Volume
5,872
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3,403
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$1,103.70
52-wk Low
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Latest Key Developments (Source: Significant Developments)

Altisource Residential Corp announces new asset management agreement with Altisource Asset Management Corp,
Tuesday, 31 Mar 2015 04:26pm EDT 

Altisource Residential Corp:Enters into new asset management agreement with Altisource Asset Management Corp.  Full Article

Altisource Asset Management Corp announces appointment of george ellison as chief executive officer; ashish pandey becomes executive chairman
Thursday, 19 Feb 2015 04:45pm EST 

Altisource Asset Management Corp:Says appointment of George G. Ellison as Chief Executive Officer.Ellison succeeds AAMC's current CEO, Ashish Pandey.Effective upon Ellison's appointment, Pandey became AAMC's Executive Chairman.  Full Article

Altisource Asset Management Corp announces William C. Erbey will step down as Chairman of the board; appoints Ashish Pandey as New Chairman
Monday, 22 Dec 2014 09:19am EST 

Altisource Asset Management Corp:Announced that William C. Erbey is stepping down from his position as Director and Chairman of Board of Directors of the Company, effective Jan. 16, 2015.Company also announced that Ashish Pandey, Chief Executive Officer, has been appointed Chairman, effective Jan. 16, 2015.Says Erbey, who has been Chairman since inception, is stepping down in connection with the Consent Order entered into by Ocwen Financial Corporation with the New York Department of Financial Services.  Full Article

Altisource Asset Management Corp announces CFO change - Form 8-K
Thursday, 9 Oct 2014 04:53pm EDT 

Altisource Asset Management Corp:Says on Oct. 8, 2014, it appointed Robin N. Lowe, as chief financial officer.Says on Oct. 8, 2014, it re-designated and appointed Kenneth D. Najour as chief accounting officer.  Full Article

Altisource Asset Management Corp announces pricing of private placement of convertible preferred stock
Monday, 17 Mar 2014 08:35am EDT 

Altisource Asset Management Corp:Enters into agreement to sell 250,000 shares of new Series A Convertible Preferred Stock to Luxor Capital Group, LP and other institutional investors for aggregate net proceeds of $250 mln.Transaction is expected to close on or about March 18.Intends to use proceeds from this transaction to repurchase shares of its common stock and for other corporate purposes.Holders of shares of Series A Preferred Stock will not be entitled to receive dividends with respect to the Series A Preferred Stock.Shares of Series A Preferred Stock are convertible into shares of common stock of AAMC at conversion price of $1,250 per share of common stock.  Full Article

Altisource Asset Management Corp declares dividend
Monday, 21 Oct 2013 08:00pm EDT 

Altisource Asset Management Corp:Says it has declared a dividend of $0.10 per share to its stockholders.  Full Article

Altisource Asset Management Corp announces transfer of listing to NYSE MKT
Monday, 9 Sep 2013 08:00pm EDT 

Altisource Asset Management Corp:Says it has received authorization from the New York Stock Exchange to transfer the listing of its common stock to the NYSE MKT.Expects to begin trading on the NYSE MKT on Sept. 12, 2013.Says until the transfer is complete, AAMC's common stock will continue to be quoted on the OTCQX.  Full Article

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