{"id":35323,"date":"2015-04-29T09:37:33","date_gmt":"2015-04-29T13:37:33","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=35323"},"modified":"2015-04-29T09:37:33","modified_gmt":"2015-04-29T13:37:33","slug":"home-loan-servicing-solutions-ltd-nasdaqhlss-delisted","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/home-loan-servicing-solutions-ltd-nasdaqhlss-delisted-35323","title":{"rendered":"Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) &#8211; Delisted"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Home Loan Servicing Solutions Ltd (NASDAQ:HLSS)<\/strong> traded at $0.67 in the last trading session compared to the closing of $17.18 in the previous trading session. This devaluation is not the result of a violent crash in the exchange, just that the stock is trading ex-dividend now from Aril 28th. A cash dividend of $16.613 was paid on April 27th and that is now perfectly reflected on the current trading price.\u00a0 The dividend yield is obviously very large at 1159.72% and the total liquidating distribution stands at nearly $1.2 billion.<\/p>\n<p style=\"text-align: justify;\">Home Loan Servicing Solutions Ltd (NASDAQ:HLSS), a finance company, includes <strong>McGraw Hill Financial Inc (NYSE:MHFI)<\/strong> and <strong>American Express Company (NYSE:AXP)<\/strong> and a few more. The company has announced last week that NASDAQ has sent a notice of delisting to it. According to the letter, pursuant to the discretionary authority of the Listing Qualifications Staff under Listing Rule 5101, the delisting will be effective at the opening of business on April 29, 2015. The company has no intention of appealing against the Staff\u2019s decision.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/04\/HLSS.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\" size-full wp-image-35324 aligncenter\" src=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/04\/HLSS.jpg\" alt=\"HLSS\" width=\"642\" height=\"472\" srcset=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/04\/HLSS.jpg 642w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/04\/HLSS-300x221.jpg 300w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2015\/04\/HLSS-75x55.jpg 75w\" sizes=\"(max-width: 642px) 100vw, 642px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">The Distribution amount having been paid, Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) will now file a proxy statement regarding a proposed merger of a subsidiary of New Residential Investment Corp with the company. The shareholders of the company are supposed to receive $0.704059 per share or approximately $50 million upon the consummation o the proposed merger and all shares of Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) will be cancelled automatically.<\/p>\n<p style=\"text-align: justify;\">Technically, the stock started to show signs of weakness even before 2014, with the series of lower highs and lower lows getting firmly established. The downtrend never hinted at any reversal and long back had crashed to $10 levels from $21 in just 4 weeks. The delisting makes the technical or any analysis immaterial now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) traded at $0.67 in the last trading session compared to the closing of $17.18 in the previous trading session. [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":35325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[4264,11326,9867,11327,4265,9868],"stock_ticker":[],"class_list":["post-35323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-american-express-company-nyseaxp","tag-home-loan-servicing-solutions-ltd-nasdaqhlss","tag-mcgraw-hill-financial-inc-nysemhfi","tag-nasdaqhlss","tag-nyseaxp","tag-nysemhfi","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) - Delisted - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/home-loan-servicing-solutions-ltd-nasdaqhlss-delisted-35323\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) - Delisted - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) traded at $0.67 in the last trading session compared to the closing of $17.18 in the previous trading session. 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