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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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September 22, 2014
08:01 EDTRMRegional Management appoints Jody Anderson as president and COO
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September 19, 2014
07:11 EDTFCFSFirst Cash Financial management to meet with FBR Capital
Meetings to be held in California/Santa Fe September 23-25 hosted by FBR Capital.
September 16, 2014
14:14 EDTRMRegional Management downgraded to Neutral from Buy at Sidoti
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