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Navigating Uncertainty: Markets React to Government Shutdown and Mixed Economic Signals
Stock Market News· 2025-10-02 05:07
U.S. stock markets navigated a turbulent Wednesday, October 1, 2025, as investors grappled with the implications of a federal government shutdown and a mixed bag of economic data. While major indexes initially faced headwinds, they largely managed to shake off early declines, with some even reaching new record highs by the close. The day's trading highlighted the ongoing resilience of certain sectors, particularly technology, even as broader economic uncertainties loom.Market Performance Recap: A Day of Res ...
Rocket Companies Closes $14.2 Billion Acquisition of Mr. Cooper
Prnewswire· 2025-10-01 19:50
"Homeownership is the bedrock of the American Dream. By combining mortgage servicing and loan origination, along with home search through Redfin, we are paving the path for Americans to own the dream," said Varun Krishna, CEO and Director of Rocket Companies. "Jay Bray and his team have built a technology- driven platform that is the backbone of Mr. Cooper, helping it scale to become the largest servicer in the country. By integrating Mr. Cooper's servicing strength with Rocket's origination capabilities an ...
Rocket Companies Announces the Expiration and Final Results of Exchange Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 6.500% Senior Notes Due 2029 and 7.125% Senior Notes Due 2032
Prnewswire· 2025-10-01 07:50
Accessibility StatementSkip Navigation DETROIT, Sept. 30, 2025 /PRNewswire/ --Â Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, announced today the expiration and final results of its previously announced offers to exchange and consent solicitations (collectively, the "Exchange Offers and Consent Solicitations") for the $750.0 million aggregate principal amount of outstanding ...
Rocket Companies Announces the Expiration and Final Results of Cash Tender Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 5.125% Senior Notes Due 2030 and 5.750% Senior Notes Due 2031
Prnewswire· 2025-10-01 07:50
Accessibility StatementSkip Navigation DETROIT, Sept. 30, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, announced today the expiration and final results of its previously announced tender offers and consent solicitations (collectively, the "Tender Offers and Consent Solicitations") for the outstanding (i) 5.125% Senior Notes due 2030 (the "2030 Notes") a ...
Rocket Companies Unusual Options Activity - Rocket Companies (NYSE:RKT)
Benzinga· 2025-09-30 03:01
Whales with a lot of money to spend have taken a noticeably bullish stance on Rocket Companies.Looking at options history for Rocket Companies (NYSE: RKT) we detected 18 trades.If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 27% with bearish.From the overall spotted trades, 5 are puts, for a total amount of $369,944 and 13, calls, for a total amount of $731,836.What's The Price Target?Based on the trading activity, it ...
Prediction: Rocket Companies Will Be My Best Investment in 2026. Here's Why.
The Motley Fool· 2025-09-30 02:22
The mortgage leader is giving investors several reasons to be optimistic.I own a few dozen stocks in my portfolio, and as someone who typically invests in dividend stocks, small-cap stocks, and rate-sensitive sectors like real estate, I'm generally optimistic about my portfolio in a falling-rate environment. The median expectation is for another four 0.25% Federal Reserve rate cuts over the next year, and this could certainly be a positive catalyst.However, one stock that I'm particularly excited about for ...
2 Top Stocks I Wouldn't Hesitate to Invest $1,000 In Right Now
Yahoo Finance· 2025-09-29 18:17
Key Points Rocket Companies has a massive opportunity to grow. PayPal's management team has ambitious growth plans. Both stocks could be volatile in the short-term. 10 stocks we like better than Rocket Companies › Let's be honest. The stock market is starting to look a little frothy at the current level. The average S&P 500 component has a P/E ratio that is about double the national average. But that doesn't mean that there aren't bargains to be found. Here are two companies in particular that de ...
Jim Cramer on Rocket Companies: “This One Has Already Gone Off”
Yahoo Finance· 2025-09-24 16:28
Rocket Companies, Inc. (NYSE:RKT) is one of the stocks Jim Cramer offered insights on. A caller asked whether this week’s rate cut and the likelihood of additional cuts could lead to a surge in it due to falling mortgage rates. Cramer replied: “Man, everyone’s kind of, here’s the problem, sir: Everyone’s kind of done that trade. I would much rather see you be in Wells, which is resting here at 80. Divide it by four and call it a $20 stock. I just think what matters is that Wells is the one at this point, ...
Rocket Companies Announces Delivery of Conditional Redemption Notice for Three Series of Senior Notes Issued by Nationstar Mortgage Holding Inc., and Post-Closing Reorganization Transactions
Prnewswire· 2025-09-23 05:00
DETROIT, Sept. 22, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, in connection with its pending acquisition of Mr. Cooper Group Inc. ("Mr. Cooper") (the "Mr. Cooper Acquisition"), today announced that Nationstar Mortgage Holdings Inc., a Delaware corporation and wholly-owned subsidiary of Mr. Cooper ("Nationstar"), delivered conditional notices of redemp ...