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Stock Market & Financial Investment News

News Breaks
June 24, 2014
09:04 EDTADSAlliance Data's Canadian loyalty business signs new agreement with Sobeys
Alliance DatA announced its Canadian coalition loyalty business signed a new cross-Canada, long-term agreement with Sobeys, a wholly-owned subsidiary of Empire Company Limited, a Canadian company with annual sales in excess of C$19B. Under the terms of the agreement, Sobeys-owned banners in Atlantic Canada, Quebec, Western Canada and northwestern Ontario remain sponsors in the AIR MILES Reward Program. The new cross-Canada agreement replaces previous agreements with Sobeys, as well as Canada Safeway.
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February 17, 2015
07:33 EDTADSAlliance Data reports January private label charge offs $42.4M
Reports January private label average receivables $10.92M, up 32% YoY. Reports January net charge-offs as a percentage of average receivables 4.7%. Reports January delinquency rate 4.2% vs 4% in December.

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