Benzinga's Top #PreMarket Gainers
Ocwen Financial Corp. (NYSE: OCN) shares gained 32.13% to $8.39 in the pre-market trading session following the announcement of California settlement. Ocwen Financial shares tumbled on Friday.
Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) shares jumped 19.77% to $25.50 in pre-market trading after dropping 10.77% on Friday.
MeadWestvaco Corporation (NYSE: MWV) gained 11.03% to $50.01 in pre-market trading. Rock-Tenn Company (NYSE: RKT) and MeadWestvaco agreed to a $16 billion merger. MeadWestvaco also reported upbeat earnings for the fourth quarter.
Home Loan Servicing Solutions, Ltd. (NASDAQ: HLSS) shares surged 9.01% to $15.00 in pre-market trading after declining 10.36% on Friday. Compass Point downgraded Home Loan Servicing Solutions from Neutral to Sell and lowered the price target from $18.00 to $10.00..
Rock-Tenn Company (NYSE: RKT) shares rose 2.40% to $64.50 in pre-market trading. Rock-Tenn Company and MeadWestvaco agreed to a $16 billion merger. Rock-Tenn also reported better-than-expected earnings for the fiscal first quarter.
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