Altisource Portfolio Solutions SA

Omega Advisors trimmed its position in SandRidge Energy (SD) this month. It holds 32,162,580 shares, a 6.63% stake, via an amended 13G filing this month.

Omega’s Leon Cooperman criticized Altisource’s poor capital allocation plan for its $200-million share buyback when the stock was trading at $104.

Omega Advisors added to its position in Altisource Portfolio Solutions this month. It holds 2,257,451 shares, an 11.14% stake, via an amended 13G filing.

Omega Advisors’ top holdings at end of third quarter were American International Group (AIG), Citigroup (C), SiriusXM (SIRI), and Chimera Investment (CIM).

Altisource Asset Management’s primary business is to provide asset management and certain corporate governance services to institutional investors.

Altisource Portfolio Solutions and its subsidiaries are a premier marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries.

In 3Q14, BJ’s total revenues increased 9.7% to $206.5 million and net income rose 77.7% to $6.5 million.

RCAP, which has a ~$1.24 billion market cap, is an investment firm that focuses on the retail investor.

Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.

Recently, Yahoo shares went higher after third quarter earnings and revenue beat analyst estimates. Third quarter profit rose to $6.77 billion.

Melco’s net revenue for the second quarter of 2014 was $1.19 billion, down approximately 7% year-over-year.

As of the end of 2Q14, Luxor Capital’s U.S. long portfolio was worth $5 billion, slightly down from $5.07 billion in 1Q14.