October 23, 2008
Sallie Mae CEO hoping for credit thaw (AP)
The chief executive of Sallie Mae said Thursday that despite government assistance, continued stress in the credit markets and the tough economy continue to weigh on the nation’s largest student lender.
Cash America declares dividend of 3.5 cents (AP)
Cash America International Inc. on Thursday said its board declared a quarterly dividend of 3.5 cents. The payday lender and pawn shop operator said the dividend is payable Nov. 19 to shareholders of record on Nov. 5.
Cash America narrows 2008 outlook range (AP)
Payday lender and pawn shop operator Cash American International Inc. on Thursday narrowed its 2008 profit outlook, and offered a fourth-quarter guidance range mostly above Wall Street expectations.
Cash America 3Q profit down, but beats Street view (AP)
Payday lender and pawn shop operator Cash America International Inc. on Thursday said its third-quarter profit fell 8 percent as expenses rose, but adjusted results topped Wall Street expectations.
Ahead of the Bell: Analyst bullish on Sallie Mae (AP)
Friedman, Billings, Ramsey & Co. analyst Matt Snowling reiterated an “Outperform” rating on Sallie Mae Thursday, after the student lender said its loss narrowed in the third quarter.
GCA to Showcase New Cashless Gaming and Dynamic Marketing Technologies at G2E Expo in Las Vegas, November 18-20 (Business Wire)
LAS VEGAS—-GCA, the wholly owned subsidiary of Global Cash Access Holdings, Inc. , will showcase new developments in cashless gaming technology and its dynamic marketing solutions for gaming operators at G2E, the Global Gaming Expo scheduled to take place in Las Vegas November 18 - 20.
World Acceptance Corporation Reports Second Quarter Results (PR Newswire)
World Acceptance Corporation today reported a 16.8% increase in gross loan balances, a 14.4% increase in revenues, a 1.9% increase in net income and an 8.3% increase in diluted earnings per share for its second fiscal quarter ended September 30, 2008, compared with the corresponding quarter of the prior fiscal year.