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Stock Market & Financial Investment News

News Breaks
March 13, 2014
13:24 EDTFCFS, RM, DLLR, WRLD, CSHWorld Acceptance slides after disclosing government probe
Shares of World Acceptance (WRLD), which provides small loans to consumers, are tumbling after the company revealed that the Consumer Financial Protection Bureau had launched a probe of its business practices. WHAT'S NEW: World Acceptance reported earlier today in a filing that it was being investigated by the CFPB. The agency is trying to determine whether finance companies committed illegal acts involving marketing, offering, or extending credit, World Acceptance stated. The CFPB has sought documents from World Acceptance, and has requested that it answer questions as part of the probe, the company added. PRICE ACTION: In mid-afternoon trading, World Acceptance tumbled 18% to $80. Other companies in the sector declined, with Cash America (CSH) sliding 8% to $29.20, Regional Management (RM) sinking 6.5% to $26.25, DFC Global (DLLR) losing 2.25% to $8.70, and First Cash (FCFS) sinking 2.6% to $52.17.
News For WRLD;RM;CSH;DLLR;FCFS From The Last 14 Days
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November 24, 2014
10:00 EDTCSHOn The Fly: Analyst Downgrade Summary
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06:47 EDTCSHCash America downgraded to Market Perform from Outperform at JMP Securities
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November 20, 2014
16:06 EDTRMRegional Management appoints Michael R. Dunn as permanent CEO
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November 17, 2014
08:14 EDTWRLDWorld Acceptance initiated with a Buy at Sterne Agee
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