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Edison issues flash on Ocean Wilsons Holdings (OCN): Strong FY23 results with strategic review in FY24

Retrieved on:

Wednesday, April 10, 2024

Ocean Wilsons Holdings’ (OCN’s) FY23 results highlight a robust performance from the Brazilian subsidiary Wilson Sons, as well as growth from the investment portfolio.

Key Points:

Ocean Wilsons Holdings’ (OCN’s) FY23 results highlight a robust performance from the Brazilian subsidiary Wilson Sons, as well as growth from the investment portfolio.
Our forecasts are under review following the announcement but, prior to this, we valued OCN at 2,564p/share, which implies it is currently trading at a 48% discount.
The portfolio benefitted from strong growth in some of the largest technology companies that are held within various funds.
The strategic review remains ongoing, but Friday’s statement outlines an expectation that it will be complete in 2024.

Ocwen Financial Announces Intention to Rebrand as Onity™ Group

Retrieved on:

Wednesday, April 3, 2024

Culture, Name, PALM, Annual general meeting, PHH, Investment, OCN, Marketing

WEST PALM BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced plans to change its name to Onity Group Inc. The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024.

Key Points:

WEST PALM BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced plans to change its name to Onity Group Inc.
The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024.
Subject to shareholder approval, the Company expects to formally change its name to Onity Group Inc. and begin trading on the NYSE under the stock symbol “ONIT” in June 2024.
The Company believes its new name reflects the capabilities of a hard-working team with a can-do attitude and problem-solving culture.

Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors

Retrieved on:

Tuesday, April 2, 2024

Advisory board, Risk management, Woman, Risk, Business, Partnership, PALM, American City Business Journals, Annual general meeting, University, Shareholder, Senior, Most, San Francisco Bay Area, OCN, Management

WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of Claudia J. Merkle to its Board of Directors (“Board”), effective April 1, 2024.

Key Points:

WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of Claudia J. Merkle to its Board of Directors (“Board”), effective April 1, 2024.
“We are very pleased to welcome Claudia to the Ocwen Board,” said Glen A. Messina, Chair, President and CEO of Ocwen.
“Claudia is an accomplished and well-respected mortgage industry executive with deep public company experience.
In 2021, Ms. Merkle was named one of the Most Influential Women in the Bay Area by the San Francisco Business Times.

CURE Media Group and Oncology Nursing News Announces the 2024 Extraordinary Healer® Award Finalists

Retrieved on:

Friday, March 15, 2024

This award honors oncology nurses whose compassion and expertise improve the lives of their patients.

Key Points:

This award honors oncology nurses whose compassion and expertise improve the lives of their patients.
The award presentations and winner announcement will be held on April 24, 2024 during the Oncology Nursing Society's Annual Congress at The Walter E. Washington Convention Center in Washington, DC.
The finalists for the 2024 Extraordinary Healer award are:
Jessica McDade, B.S.N., RN, OCN.
For more information on the 2024 Extraordinary Healer event and to register, please visit the event page .

HD Nursing Recognizes National Patient Safety Awareness Week, Celebrates Notable Achievements in Fall and Pressure Injury Prevention

Retrieved on:

Monday, March 11, 2024

Professional Services, Nursing, Health, Data Analytics, Hospitals, Managed Care, RN, CVP, Culture, CSSBB, CCRN, Pressure, Face, Home, Communication, OE, Patient, CNS, DNP, APRN, Doctor of Philosophy, Teaching hospital, Mercy Hospital, MSN, BSN, Clinical nurse specialist, Heart, Hospital, Patient safety, Safety, HD, ICU, FAAN, OCN, CQA, ONC

In observance of National Patient Safety Awareness Week (March 10-16, 2024), HD Nursing , the leading patient safety solution that combines predictive analytics with individualized fall and pressure injury prevention, is pleased to highlight its recent positive benchmarks, underscoring the top-down commitment to advancing patient safety.

Key Points:

In observance of National Patient Safety Awareness Week (March 10-16, 2024), HD Nursing , the leading patient safety solution that combines predictive analytics with individualized fall and pressure injury prevention, is pleased to highlight its recent positive benchmarks, underscoring the top-down commitment to advancing patient safety.
Celebrating Fall Prevention at UT Southwestern: In 2018, William P. Clements Jr. University Hospital and Zale Lipshy Pavilion both implemented the HD Nursing Fall Prevention Program.
“These positive benchmarks underscore the effectiveness of our Falls Prevention Program and the unwavering commitment of healthcare providers to prioritize patient safety.
As we mark National Patient Safety Awareness Week, these achievements inspire us to continue pioneering innovative solutions that make a meaningful impact on healthcare outcomes."

Florida Cancer Specialists & Research Institute Shares Pharmacy Expertise To Advance Medically Integrated Oncology Care

Retrieved on:

Wednesday, April 3, 2024

FORT MYERS, Fla., April 3, 2024 /PRNewswire/ -- Florida Cancer Specialists & Research Institute, LLC (FCS) leaders and pharmacy experts will share insights and best practices in specialty pharmacy operations and dispensing that are contributing to positive patient outcomes at the NCODA 2024 Spring Forum in Dallas. The focus of the multi-day gathering, "Driving Optimal Strategies for Patient Care in Medically Integrated Oncology," is on the vital role of pharmacy involvement throughout the entire cancer care continuum.

Key Points:

The focus of the multi-day gathering, "Driving Optimal Strategies for Patient Care in Medically Integrated Oncology," is on the vital role of pharmacy involvement throughout the entire cancer care continuum.
"Our Rx To Go team members continue to set the standard of excellence for medically-integrated oncology pharmacy and support services," said FCS President & Managing Physician Lucio Gordan, MD .
"They are well-equipped to contribute top-tier knowledge to help steer the future of oncology care."
NCODA is a globally recognized not-for-profit organization dedicated to building a patient-centered, medically integrated community of health care providers whose focus is to innovate the continuity of cancer care so that every patient receives the maximum benefit from their cancer treatment.

PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer

Retrieved on:

Monday, March 11, 2024

PALM, Fannie Mae, Ocwen, OCN, STAR, Transition, PHH, Housing, Airline

WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2023 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition.

Key Points:

WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae’s 2023 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition.
PHH has earned STAR Performer recognition for three consecutive years.
STAR Performer recognition is reserved for top performing servicers within one or more of three STAR Performer categories: General Servicing, Solution Delivery, and Timeline Management.
“We’re honored to be recognized by Fannie Mae’s STAR program for excellence in mortgage servicing,” said Scott Anderson, Executive Vice President and Chief Servicing Officer of PHH Mortgage.

American Oncology Network Announces Leaders Participating in ACCC’s Annual Meeting & Cancer Center Business Summit

Retrieved on:

Thursday, March 7, 2024

AON, RN, MSN, OCN, CSSBB, MBA, MHA, Summit, Annual, Business intelligence, ACCC

FORT MYERS, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- American Oncology Network (AON) (Nasdaq: AONC) is pleased to announce its leaders who participated in the Association of Cancer Care Centers (ACCC) 50th Annual Meeting & Cancer Center Business Summit.

Key Points:

FORT MYERS, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- American Oncology Network (AON) (Nasdaq: AONC) is pleased to announce its leaders who participated in the Association of Cancer Care Centers (ACCC) 50th Annual Meeting & Cancer Center Business Summit.
The Summit’s purpose was to analyze innovative solutions to cancer care challenges.
“The Summit lays the groundwork to dive into pressing issues that face cancer care while exploring innovative solutions to the challenges that face our industry.
I am confident that our leaders made significant contributions to the discussions and inspired fellow industry peers.”
For more information about AON, visit www.AONcology.com .

Ocwen Financial Announces Full Year and Fourth Quarter 2023 Results

Retrieved on:

Tuesday, February 27, 2024

OCN, Growth, ROE, Depression, GAAP, MSR, UPB, Grew, FY, Chair, Pharmaceutical industry

Glen A. Messina, Chair, President and CEO of Ocwen, said, “In the fourth quarter we delivered another sequential quarter increase in adjusted pre-tax income, driven by our servicing segment, culminating in strong full year 2023 results in terms of both adjusted pre-tax income and adjusted ROE.

Key Points:

Glen A. Messina, Chair, President and CEO of Ocwen, said, “In the fourth quarter we delivered another sequential quarter increase in adjusted pre-tax income, driven by our servicing segment, culminating in strong full year 2023 results in terms of both adjusted pre-tax income and adjusted ROE.
Our industry-leading servicing cost and operating performance, combined with our special servicing capabilities, positioned us to execute on opportunistic asset management transactions that were accretive to earnings.
A live audio webcast and slide presentation for the call will be available by visiting the Shareholder Relations page at www.ocwen.com .
Participants can access the conference call by dialing (888) 886-7786 or (416) 764-8658 approximately 10 minutes prior to the call.

Ocwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 Results

Retrieved on:

Tuesday, February 20, 2024

OCN, PALM, Ocwen, Mobile phone

WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, February 27, 2024 at 8:30 a.m. (ET) to review the Company’s fourth quarter and full year 2023 operating results.

Key Points:

WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, February 27, 2024 at 8:30 a.m. (ET) to review the Company’s fourth quarter and full year 2023 operating results.
You can access the conference call by dialing (888) 886-7786 or (416) 764-8658 approximately 10 minutes prior to the call.
Participants can also access the conference call through a live audio webcast available from the Shareholder Relations page at www.ocwen.com under Events and Presentations.
An investor presentation will accompany the conference call and be available by visiting the Shareholder Relations page at www.ocwen.com prior to the call.