PHH posts big loss in 2Q

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PHH posts another big loss in third quarter As outlined on Slide 14, our Servicing segment recorded a million pretax loss compared to a $14 million loss in the prior quarter and included a million post-acquisition phh pretax loss. In an unprecedented move, JPMorgan announced a settlement with the FHFA pertaining to sale of home loans and MBS.

Post Amazon had warned investors to expect a big loss in the third quarter and they got one on Thursday. The company saw a net loss of $0.95 per share on revenues of $20.58 billion. And Amazon had an operating loss of $544 million. That was worse than what analysts had been expecting – a loss of $0.74 per share on revenues of $20.84 billion.

‘No quick fixes’ as J.C. Penney posts big 2Q loss . Posted Aug 20, 2013.. – J.C. Penney Co. reported another big loss on a nearly 12 percent drop in revenue for the second quarter.

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Michael Carroll– RBC Capital Markets — Analyst But that was due to the 2Q activity. I guess if you’re looking. the best way to or the most common way to lose a tenant is the building is not big.

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J.C. Penney posts big 2Q loss on falling sales Home For the second quarter in a row, PHH Corp. posted a loss, driving the company deeper onto the negative side of the ledger for 2015. PHH reported a net loss attributable to PHH Corporation of $50 million which includes a $44 million pre-tax provision for legal and regulatory reserves.