Shocking | Lender Processing Services Inc. Stock Downgraded (LPS)

From TheStreet:

NEW YORK (TheStreet) — Lender Processing Services (NYSE:LPS) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself.

They go on to say why the stock was downgraded here…

Funny they forgot to mention the 60 Minutes Story, the Sanctions from the BK Judge or the Cease and Desist letter…

Guess they missed that…


4 Responses to “Shocking | Lender Processing Services Inc. Stock Downgraded (LPS)”
  1. Jim A says:

    Hey, fraud can be a very successful business model, until everybody knows exactly how to find it rub the nose of judge in it.

  2. Ginger says:

    Does LPS do ANYTHING else besides creating and processing fraudulent documents? Seriously, does it?

  3. l vent says:

    Downgraded because they are a business model of complete fraud. All they do is create and process fraudulent documents to cover up for the Origination Fraud and the Securties Fraud, all scams. They are just more perps for the real culprits hiding behind the scenes of the entire scheme/scam ,the Origination Fraudsters, who are the GSE’s FANNIE/FREDDIE. The originators of the WALL STREET CON GAME.

  4. Mary says:

    ROFL. Well duh.

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