-
EZCORP Terminates Proposed Transaction With Cash Converters
Tuesday, August 30, 2011 - 8:02am | 113EZCORP (NASDAQ: EZPW) announced today that it has terminated the Transaction Implementation Agreement with Cash Converters International Limited effective immediately. Under that agreement, which was originally announced in March, EZCORP would have, among other things, acquired a controlling...
-
Earnings Scheduled For August 30
Tuesday, August 30, 2011 - 2:47am | 289Barnes & Noble Inc (NYSE: BKS) is expected to report a FQ1 loss at $0.94 per share. Dollar General Corporation (NYSE: DG) is estimated to report its Q2 EPS at $0.48 on sales of $3.54 billion. The Bank Of Nova Scotia (NYSE: BNS) is projected to report its Q3 EPS at $1.13 on revenue of $4.33...
-
Dollar Financial Soaring 14% On Earnings
Friday, August 26, 2011 - 1:37pm | 212Dollar Financial Corp. (NASDAQ: DLLR) shares are soaring today, gaining more than 14% after the company reported better than expected earnings. The company changed its name from Dollar Financial Corp. to DFC Global Corp. on Wednesday and reported much better than expected earnings yesterday. The...
-
Jefferies Maintains Buy on DFC Global
Friday, August 26, 2011 - 8:52am | 106Jefferies is out with its report today on DFC Global (NASDAQ: DLLR), maintaining Buy. In its report, Jefferies writes, "DLLR posted adjusted 4Q'11 EPS of $0.46 versus Street and JEF estimates of $0.41. Results were driven by strong global revenues of $233.9M, an increase of 43% y/y. Management...
-
Dollar Financial Bid Higher on Earnings Beat, Positive Guidance
Thursday, August 25, 2011 - 3:54pm | 223Shares of Dollar Financial (NASDAQ: DLLR) are trading higher in the after-hours following the release of the company's Q4 earnings results. Currently, shares are bid $20.25, at $20.65; they ended the regular session lower by 2.25%, at $19.10. Dollar Financial reported Q4 EPS of $0.46 on revenues...
-
Earnings Scheduled For August 25
Thursday, August 25, 2011 - 3:00am | 586Krispy Kreme Doughnuts Inc (NYSE: KKD) is expected to report its Q2 EPS at $0.06 on revenue of $92.26 million. Hormel Foods Corporation (NYSE: HRL) is estimated to report its Q3 EPS at $0.35 on revenue of $1.87 billion. Shoe Carnival Inc (NASDAQ: SCVL) is projected to report its Q2 EPS at $0.30...
-
Dollar Financial Corp Changes Name to DFC Global Corp.
Wednesday, August 24, 2011 - 5:13pm | 156Dollar Financial (NASDAQ: DLLR) today announced that it has changed its legal name to DFC Global Corp. A new logo accompanies the change. The Company will continue to trade on the NASDAQ stock exchange under its current ticker symbol “DLLR”. Commenting on the name change, Jeff Weiss, the Company's...
-
Unexpected Earthquake Rocks the East Coast
Tuesday, August 23, 2011 - 2:38pm | 448Residents and employees throughout Washington DC and eastern Virginia experienced one of the scariest things in their lifetimes. A 5.9 magnitude earthquake with an epicenter about 87 miles southwest of DC occurred in the afternoon. Citizens dropped everything and had to evacuate their buildings...
-
Doug Kass Buying Financial Names
Tuesday, August 23, 2011 - 11:59am | 85Doug Kass tweeted that he is buying a bevy of financial names. He said that his new buys are General Electric (NYSE: GE), KKR Financial Holdings LLC (NYSE: KFN), SLM Corp (NYSE: SLM) and American Express (NYSE: AXP). Kass is a notorious bear, and is contributor to CNBC, as well as TheStreet.com.
-
Notable Call Options Activity in SLM
Monday, August 22, 2011 - 10:00am | 105Shares of SLM (NYSE: SLM) are higher on the session by 4.56%, currently trading at $13.31. The stock has been moving largely lower over the past two months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the October 2011 $17 call...
-
Credit Suisse Upgrading SLM Corp.
Monday, August 22, 2011 - 7:13am | 141Credit Suisse is upgrading shares of SLM Corp. (NYSE: SLM) to Outperform and is raising its price target to $18 from $16. In a note to clients, Credit Suisse writes, "Rates lower for longer is good. SLM earns "floor income" which benefits the company when prevailing interest rates move below the...
-
Benzinga's Top Upgrades
Monday, August 22, 2011 - 6:35am | 131Analysts at Auriga upgraded Hewlett-Packard Company (NYSE: HPQ) from “hold” to “buy.” HPQ's shares closed at $23.60 on Friday. Hewlett-Packard's PEG ratio is 0.70. Analysts at Credit Suisse upgraded SLM Corporation (NYSE: SLM) from “neutral” to “outperform.” SLM's shares closed at $12.73 on Friday...
-
Credit Suisse Upgrades SLM To Outperform, Raises PT To $18
Monday, August 22, 2011 - 5:15am | 28Credit Suisse has upgraded SLM Corporation (NYSE: SLM) from Neutral to Outperform and has raised the price target from $16 to $18.
-
Stocks To Watch This Week
Sunday, August 21, 2011 - 9:13am | 1022The US Equity market had another volatile week and stocks have struggled to attain new highs. Investors with exposure to gold and bonds have done well this month and I've reiterated a relative momentum ETF strategy that has capitalized on this trend by investing in GLD, IEF, TIP, and PCY. Now you...
-
Credit Acceptance Announces Completion of $75.0 Million Revolving Secured Warehouse Facility
Friday, August 19, 2011 - 3:00pm | 157Credit Acceptance Corporation (NASDAQ: CACC) announced today the completion of a $75.0 million revolving secured warehouse facility with an institutional investor. Under this facility, we will contribute loans to a wholly-owned special purpose entity and the SPE may borrow up to the lesser of 80...