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Stock Market & Financial Investment News

News Breaks
June 24, 2014
08:30 EDTEZPW, AEA, FCFS, PNC, DLLR, CSH, ZIONDOJ pushing on with payment-processing probe despite critics, WSJ says
Attorney General Eric Holder said he will bring more cases against banks and payment-processing companies as part of the "Operation Choke Point" probe that has been opposed by political critics and a group representing short-term lenders, said The Wall Street Journal. A previously disclosed DOJ memo showed the agency has opened civil investigations into 10 banks and payment processors as part of "Operation Choke Point," and some banks, including Zions Bancorp (ZION) and PNC Financial (PNC), have disclosed they are subject to the probe in regulatory filings, the report said. Advance America (AEA) and the Community Financial Services Association of America, a trade group representing short-term lenders, filed a lawsuit against bank regulators, alleging that a federal crackdown on their industry represents an abuse of the government's authority. Other publicly traded payday lenders include Cash America (CSH), First Cash Financial (FCFS), EZCORP (EZPW), and DFC Global (DLLR), though the Journal's story did not mention any of these companies by name. Reference Link
News For ZION;PNC;AEA;CSH;FCFS;EZPW;DLLR From The Last 14 Days
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July 2, 2015
10:00 EDTZIONOn The Fly: Analyst Downgrade Summary
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07:13 EDTZIONZions Bancorp downgraded to Market Perform from Outperform at Raymond James
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June 26, 2015
10:00 EDTZIONOn The Fly: Analyst Upgrade Summary
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06:51 EDTZIONZions Bancorp upgraded to Outperform from Neutral at Credit Suisse
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