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Stock Market & Financial Investment News

News Breaks
June 24, 2014
08:30 EDTFCFS, PNC, DLLR, CSH, ZION, EZPW, AEADOJ 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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May 20, 2015
18:01 EDTEZPWEZCORP receives written notice from NASDAQ
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17:45 EDTEZPWEZCORP sees preliminary Q2 net revenue $312M
The company said, "We anticipate that cash flow from operations and our cash on hand will be adequate to fund our contractual obligations, planned store growth, capital expenditures and working capital requirements during the remainder of the fiscal year. In addition, we expect to continue to obtain local financing to fund Grupo Finmart’s lending growth and our Mexican pawn growth."
May 19, 2015
07:13 EDTZIONBarclays to hold a conference
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07:08 EDTCSHWells Fargo to hold a conference
4th Annual Specialty Finance Conference is being held in New York on May 19.
May 12, 2015
17:31 EDTEZPWEZCORP to delay filing Form 10-Q
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14:13 EDTPNCBove says it may be time to buy bank stocks
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May 11, 2015
09:59 EDTPNCOn The Fly: Analyst Downgrade Summary
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08:42 EDTPNCPNC Financial downgraded to Neutral at Susquehanna
As reported previously, Susquehanna downgraded PNC Financial to Neutral from Positive citing valuation. The firm raised its price target on PNC shares to $102 from $100.
08:19 EDTZIONJefferies to hold a field trip
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06:54 EDTPNCPNC Financial downgraded to Neutral from Positive at Susquehanna
06:27 EDTCSHCash America management to meet with Jefferies
Meetings to be held in Los Angeles/ Newport Beach, CA May 11-12 hosted by Jefferies.

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