BUZZ-PHH Corp: Adds to share buyback program

Thu Nov 5, 2015 1:50pm EST
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** Mortgage lending and car leasing company's shares up nearly 17.4 pct at $17.11 - its biggest intra-day gain

** Company to start share repurchases of up to $100 mln and also to extend its prior authorization for up to $250 mln

** Reports Q3 core loss per share of 61 cents, compared with a loss of $1.19 a year earlier

** More than 1.2 mln shares traded, nearly twice their 25-day moving avg

** Up to Thursday's close, stock had fallen 39 pct this year