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Stock Market & Financial Investment News

News Breaks
March 13, 2014
13:24 EDTWRLD, RM, CSH, DLLR, FCFSWorld 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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October 16, 2014
06:20 EDTFCFSFirst Cash Financial sees FY14 EPS in low end of $3.00-$3.15, consensus $3.00
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06:05 EDTFCFSFirst Cash Financial reports Q3 EPS 68c, consensus 68c
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October 8, 2014
10:00 EDTRM, CSHOn The Fly: Analyst Initiation Summary
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07:18 EDTRMRegional Management initiated with an Underperform at Macquarie
Target $16.
07:18 EDTCSHCash America initiated with a Neutral at Macquarie
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