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Stock Market & Financial Investment News

News Breaks
April 2, 2014
08:06 EDTDLLRDFC Global sees Q3 preliminary pro forma EPS 0c-4c, consensus 12c
Sees Q3 preliminary total consolidated revenue $248M-$252M, consensus $269.93M. The company said, "The company reduces its guidance for FY14 to adjusted EBITDA between $151M-$156M as compared to its previous range of between $170M-$200M. The company is also reducing its FY14 diluted pro forma operating earnings guidance, which excludes any non-operating and unusual charges and considers a pro forma effective income tax rate from operations of 38.0%, to between 4c-12c per share from the company’s previous range between 35c-80c per share. FY14 EPS consensus 48c." The new ranges of guidance reflect principally the revenue and expense effects of the transition in the U.K. to a new regulatory environment, including the Handbook of Rules and Guidance published on February 28 by the Financial Conduct Authority, which became the principal regulator of the company’s consumer credit sector effective April 1. The new ranges also consider continued unfavorable trends in the value of the Canadian dollar with respect to the U.S. currency, in addition to the decrease in gold commodity prices.
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September 10, 2014
09:06 EDTDLLRHertz appoints Christian J. Cunningham as Chief Human Resources Officer
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09:06 EDTDLLRHertz appoints Christian J. Cunningham as Chief Human Resources Officer
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