FORT WORTH, Texas—-Cash America International, Inc. announced today that net income for the third quarter of 2008 was $18,925,000 after incurring a variety of one time and unusual items during the quarter which lowered reported net income.
Shares of Ameriprise Financial Inc. fell sharply in trading Wednesday after Keefe, Bruyette & Woods downgraded its rating for the company to “Market Perform” from “Outperform.”
Shares of Discover Financial Services fell along with the broader market Wednesday as investors worried about the potential of a deep economic slowdown.
Sallie Mae, the nation’s largest student lender, said Wednesday it lost $159 million in the third quarter as strains in the credit markets pushed its funding costs higher.
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