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Stock Market & Financial Investment News

News Breaks
June 24, 2014
08:30 EDTDLLR, CSH, ZION, EZPW, AEA, FCFS, PNCDOJ 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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March 3, 2015
10:01 EDTZIONOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Bacterin (BONE) initiated with a Buy at H.C. Wainwright... Cognizant (CTSH) initiated with a Buy at Argus... Comerica (CMA) initiated with a Neutral at UBS... Delphi Automotive (DLPH) initiated with a Neutral at Northcoast... Dunkin' Brands (DNKN) initiated with a Neutral at UBS... Easterly Government Properties (DEA) initiated with an Outperform at RBC Capital... Fifth Third (FITB) initiated with a Buy at UBS... Hilton (HLT) initiated with an Outperform at RBC Capital... KeyCorp (KEY) initiated with a Neutral at UBS... Ligand (LGND) initiated with a Buy at CRT Capital... M&T Bank (MTB) initiated with a Neutral at UBS... MPLX (MPLX) initiated with a Hold at Evercore ISI... Marriott (MAR) initiated with an Outperform at RBC Capital... Nexvet Biopharma (NVET) initiated with an Outperform at JMP Securities... Regions Financial (RF) initiated with a Neutral at UBS... Shell Midstream (SHLX) initiated with a Buy at Evercore ISI... Starwood (HOT) initiated with a Sector Perform at RBC Capital... Sunoco Logistics (SXL) initiated with a Hold at Evercore ISI... Syneron Medical (ELOS) initiated with a Buy at Brean Capital... Tesoro Logistics (TLLP) initiated with a Buy at Evercore ISI... Valero Energy Partners (VLP) initiated with a Buy at Evercore ISI... Vista Outdoor (VSTO) initiated with a Buy at CRT Capital... Zions Bancorp (ZION) initiated with a Sell at UBS.
07:09 EDTZIONZions Bancorp initiated with a Sell at UBS
Target $25.
March 2, 2015
12:09 EDTEZPWEZCORP names Mark Ashby as CFO
EZCORP announced that Mark Ashby has been appointed CFO. Ashby has more than 30 years of finance and business experience, serving in a variety of senior financial management and operational roles. Ashby joins EZCORP from Myer Holdings Limited, Australia's largest department store group, where he served as CFO for seven years.
February 27, 2015
20:32 EDTCSHCash America management to meet with Sterne Agee
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09:58 EDTZIONOn The Fly: Analyst Upgrade Summary
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06:12 EDTZIONZions Bancorp upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Zions Bancorp to Outperform due to "cheap" valuation and several paths to improving fundamentals. Price target is $31.
February 24, 2015
16:32 EDTEZPWEZCORP acquires 12 pawn stores in Texas for $16.75M in cash and stock
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February 20, 2015
10:01 EDTCSHOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Advanced Drainage (WMS) initiated with an Outperform at Boenning & Scattergood... Arctic Cat (ACAT) initiated with a Hold at BB&T... Ardmore Shipping (ASC) initiated with an Accumulate at Global Hunter... Baltic Trading (BALT) initiated with a Speculative Buy at Global Hunter... Cash America (CSH) initiated with a Buy at Jefferies... Costamare (CMRE) initiated with an Accumulate at Global Hunter... DHT Holdings (DHT) initiated with a Buy at Global Hunter... Danaos (DAC) initiated with a Neutral at Global Hunter... Diana Containerships (DCIX) initiated with a Neutral at Global Hunter... Diana Shipping (DSX) initiated with a Neutral at Global Hunter... Euronav NV (EURN) initiated with a Buy at Global Hunter... Forest City (FCE.A) initiated with a Neutral at Citigroup... Fox Factory (FOXF) initiated with a Hold at BB&T... Frontline (FRO) initiated with an Accumulate at Global Hunter... Global Ship Lease (GSL) initiated with a Neutral at Global Hunter... GrubHub (GRUB) initiated with an Overweight at Barclays... Jazz Pharmaceuticals (JAZZ) initiated with an Outperform at BMO Capital... Kinder Morgan (KMI) reinstated with an Overweight at Barclays... Liberty Broadband (LBRDA) initiated with an Outperform at FBN Securities... Liberty Interactive (QVCA) initiated with a Sector Perform at FBN Securities... Liberty Media (LMCA) initiated with an Outperform at FBN Securities... MEI Pharma (MEIP) initiated with a Buy at BofA/Merrill... Navios Acquisition (NNA) initiated with a Buy at Global Hunter... Polaris Industries (PII) initiated with a Buy at BB&T... Raven (RAVN) initiated with an Equal Weight at Stephens... Scorpio Bulkers (SALT) initiated with a Speculative Buy at Global Hunter... Scorpio Tankers (STNG) initiated with an Accumulate at Global Hunter... Seaspan (SSW) initiated with a Neutral at Global Hunter... Star Bulk Carriers (SBLK) initiated with a Speculative Buy at Global Hunter... Tsakos Energy (TNP) initiated with a Buy at Global Hunter... U.S. Concrete (USCR) initiated with an Overweight at Stephens.
05:37 EDTCSHCash America initiated with a Buy at Jefferies
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February 18, 2015
11:04 EDTCSHCash America management to meet with Sterne Agee
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