Ocwen Financial (NYSE:OCN) reported quarterly earnings of $2.35 per share which beat the analyst consensus estimate of $1.05 by 123.81 percent. This is a 315.6 percent increase over losses of $(1.09) per share from the same period last year.
Shanghai Airport Facility In COVID Lockdown, Cargo Backlog Expected
Multiple logistics companies are reporting that authorities have suspended operations in a major warehouse at Shanghai Pudong International Airport because of a COVID outbreak, putting a halt to most freighter activity at China's largest cargo airport.