New User:

Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
January 29, 2015
09:32 EDTWRLDWorld Acceptance downgraded to Neutral from Buy at Sidoti
Subscribe for More Information
06:31 EDTWRLDWorld Acceptance reports Q3 EPS $2.01, consensus $2.19
Subscribe for More Information
06:16 EDTCSHCash America board announces share repurchase authorization of up to 4M shares
Subscribe for More Information
06:15 EDTCSHCash America board increases dividend by 43% to 5c
Cash America reported that the board, at its regularly scheduled quarterly meeting, increased the cash dividend amount to 5c per share on common stock outstanding. The newly declared dividend represents a 43% increase in the company’s previous quarterly dividend of 3.5c per share paid each quarter since the first quarter of 2007. The dividend will be paid at the close of business on February 25, 2015 to shareholders of record on February 11, 2015.
06:14 EDTCSHCash America sees FY15 EPS cont ops 80c-$1.10, consensus $1.23
Sees FY15 adjusted EBITDA $110M-$125M
06:13 EDTCSHCash America sees Q1 EPS cont ops 20c-30c, consensus 34c
Subscribe for More Information
06:12 EDTCSHCash America reports Q4 adjusted EPS 29c, may not be comparable to consensus 44c
Reports Q4 revenue $289.44M, consensus $299.81M
January 28, 2015
09:59 EDTFCFSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:00 EDTFCFSFirst Cash Financial downgraded to Neutral from Buy at Janney Capital
Subscribe for More Information
January 27, 2015
06:18 EDTFCFSFirst Cash Financial: 2015 earnings expectations tempered by foreign exchange
Subscribe for More Information
06:16 EDTFCFSFirst Cash Financial to add 75-90 new stores in 2015
Subscribe for More Information
06:16 EDTFCFSFirst Cash Financial sees FY15 EPS $2.75-$2.90, consensus $3.18
The guidance assumes approximately 20c-23c of earnings per share drag, net of tax, for fiscal 2015 due to the full year impact of an assumed exchange rate of 14.6 Mexican pesos / U.S. dollar for 2015, as compared to the actual rate of 13.3 in 2014. Full year earnings per share expectations are also impacted by approximately 18c-21c per share in additional income tax expense in 2015 due to an expected increase in the effective tax rate to a normalized range of 31% to 32% for fiscal 2015, compared to 27% in 2014. Fiscal 2015 estimates are further tempered by expected declines in earnings from payday lending operations of approximately 4c per share, net of tax.
06:15 EDTFCFSFirst Cash Financial says FY15 revenue to be generated from core pawn operations
Subscribe for More Information
06:13 EDTFCFSFirst Cash Financial announces 2M stock buyback authorization
06:13 EDTFCFSFirst Cash Financial reports Q4 EBITDA from cont ops up 11%
Fourth quarter same-store core revenues in the company's pawn stores were up 4% compared to the prior-year period and resulted from an 8% increase in Mexico offset by a 2% decrease in the U.S. Revenue from non-core wholesale scrap jewelry operations decreased 25% in the fourth quarter. The gross margin on scrap jewelry sales was 14% for the fourth quarter. Pawn loans outstanding at year end increased by 15% in Mexico, 4% in the U.S. and 8% over the prior year. On a same-store basis, pawn loans increased 4% in Mexico, as loan growth remained strong in the interior markets, partially offset by slower growth in certain mature markets. Same-store pawn loans were down 5% in the U.S., attributable to the slightly lower than expected seasonal demand in the fourth quarter and strategic reductions of pawn balances in many acquired locations where the Company has been optimizing pawn lending practices and reducing loan to value ratios in order to improve long-term pawn yield and retail sales margins.
06:10 EDTFCFSFirst Cash Financial reports Q4 EPS 94c, consensus 98c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use