Key Developments: Altisource Portfolio Solutions SA (ASPS.O)

ASPS.O on Nasdaq

47.54USD
19 Dec 2014
Price Change (% chg)

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$47.54
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Volume
500
Avg. Vol
481,050
52-wk High
$164.92
52-wk Low
$46.33

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Latest Key Developments (Source: Significant Developments)

Altisource Portfolio Solutions SA acquires Owners.com
Monday, 24 Nov 2014 08:29am EST 

Altisource Portfolio Solutions SA:Says it has acquired the Owners.com business to expand Altisource's growing position in the residential real estate industry.Says it purchased the company for $20 mln at closing and up to an additional $7 mln in potential consideration based on revenue earned in the two consecutive 12-month periods following closing.Says Owners.com's management and employees have joined Altisource.  Full Article

Altisource Portfolio Solutions SA completes acquisition of Mortgage Builder Software, Inc
Tuesday, 16 Sep 2014 01:50pm EDT 

Altisource Portfolio Solutions SA:Completes its acquisition of Mortgage Builder Software, Inc., a provider of mortgage loan origination and servicing software systems.Altisource had announced its intention to acquire the Detroit-based Mortgage Builder on July 21.  Full Article

Altisource Portfolio Solutions SA launches Wholesale One Cooperative
Thursday, 11 Sep 2014 10:02am EDT 

Altisource Portfolio Solutions SA:Launches Wholesale One, a new cooperative for the wholesale mortgage industry.Wholesale One will provide a platform for mortgage brokers, wholesale lenders and related vendors to provide quality loans to consumers nationwide.  Full Article

Altisource Portfolio Solutions SA to acquire Mortgage Builder Software Inc
Monday, 21 Jul 2014 12:30pm EDT 

Altisource Portfolio Solutions SA:To acquire Mortgage Builder Software Inc, a provider of mortgage loan origination and servicing software systems.Acquisition is expected to close within 30 days and is subject to customary closing conditions.  Full Article

Altisource Portfolio Solutions SA's Subsidiary To Acquire Equator
Wednesday, 21 Aug 2013 07:00am EDT 

Altisource Portfolio Solutions S.A. announced that its subsidiary has entered into a definitive agreement to acquire Equator, LLC (Equator), a provider of mortgage and real estate related SaaS solutions. The acquisition is valued at a base price of $70 million on closing with contingent earn out consideration of up to an additional $80 million over three years, subject to Equator achieving annual performance targets. The acquisition is expected to close within 30 days and is subject to customary closing conditions.  Full Article

BUZZ-U.S. Stocks on the Move-Viggle, Altisource Portfolio, Mellanox

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock indexes fell on Wednesday. The Dow Jones industrial average was down 0.26 percent at 17,569.11, the S&P 500 was down 0.22 percent at 2,035.18 and the Nasdaq Composite was down 0.06 percent at 4,657.981.

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