Latest Encore Capital Group Inc (ECPG) Headlines
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Encore Capital Group, Inc. Announces Upcoming Investor Day on June 5
PR Newswire - Fri Mar 07, 8:15AM CST
Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, announced today that it will host its eighth annual investor day on Thursday, June 5, 2014, in New York City, following the conclusion of business at its annual meeting of stockholders. Presentations by Encore's management team are scheduled to begin at approximately 10:00 a.m. Eastern Time and conclude by 11:45 a.m. Eastern Time. Due to space limitations, registration is required to attend the investor day. Registration requests should be sent by e-mail and will be processed in the order in which they are received. During the course of these presentations, the Company may disclose material developments affecting its business and financial performance.
Encore to Offer Senior Notes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 12:50PM CST
Encore Capital Group, Inc. is offering $125 million aggregate principal amount of convertible senior secured notes.
Encore Capital Group, Inc. Prices Private Placement of Convertible Senior Notes
PR Newswire - Thu Mar 06, 7:53AM CST
Encore Capital Group, Inc. (NASDAQ: ECPG) (the "Company") yesterday priced $140,000,000 aggregate principal amount of 2.875% convertible senior notes due 2021 (the "notes") to be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be the Company's senior unsecured obligations, and will be fully and unconditionally guaranteed on a senior unsecured basis by Midland Credit Management, Inc., a wholly owned subsidiary of the Company. The size of the offering was increased from the previously announced aggregate principal amount of $125,000,000. In connection with the offering, the Company has granted the initial purchasers an option to purchase up to an additional $21,000,000 aggregate principal amount of such notes to cover sales in excess thereof.
Encore Capital Group, Inc. Announces Private Placement of Convertible Senior Notes
PR Newswire - Wed Mar 05, 6:23AM CST
Encore Capital Group, Inc. (NASDAQ: ECPG) (the "Company") today announced that it intends to offer, subject to market and other conditions, $125,000,000 aggregate principal amount of convertible senior notes due 2021 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be the Company's senior unsecured obligations, and will be fully and unconditionally guaranteed on a senior unsecured basis by Midland Credit Management, Inc., a wholly owned subsidiary of the Company. In connection with the offering, the Company expects to grant the initial purchasers an option to purchase up to an additional $18,750,000 aggregate principal amount of such notes to cover sales in excess thereof. The notes will be convertible, subject to satisfaction of certain conditions and during certain periods, into cash, shares of the Company's common stock or a combination of cash and shares of the Company's common stock, at the Company's election.
Encore Capital Group to Present at the Raymond James 35th Annual Institutional Investors Conference
PR Newswire - Fri Feb 28, 8:15AM CST
Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced today that Paul Grinberg, its Executive Vice President and Chief Financial Officer, will be making a presentation to the investment community at the Raymond James 35th Annual Institutional Investors Conference to be held in Orlando, FL on Tuesday, March 4, 2014 at 7:30 a.m. Eastern Time. A webcast and copy of the presentation will be made available at the Company's website in the Investors section at investors.encorecapital.com. During the course of this presentation, the Company may disclose material developments affecting its business and financial performance.
3 Stocks Spiking on Big Volume
at The Street - Thu Feb 27, 5:00AM CST
Unusual volume can signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
Encore Capital Beats on Q4 Earnings, Lags Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 26, 1:20PM CST
Encore Capital Group Inc. reported fourth-quarter 2013 operating earnings of $1.01 per share
Encore Capital Group Takes Controlling Stake in Refinancia
PR Newswire - Tue Feb 25, 3:10PM CST
Encore Capital Group, Inc. (Encore), an international specialty finance company (NASDAQ: ECPG), today announced that it has taken a controlling stake in Refinancia, a leading debt purchaser in Colombia and Peru. Encore purchased 51 percent of the company in December 2013.
Encore Capital Group Agrees to Acquire Controlling Interest in Grove Capital Management
PR Newswire - Tue Feb 25, 3:10PM CST
Encore Capital Group, Inc. (Encore), an international specialty finance company (NASDAQ: ECPG), today announced that it has entered into an agreement to take a controlling stake in Grove Capital Management (Grove), an investment group that purchases credit portfolios and has a focus on UK insolvencies and Spanish assets. The transaction, which is subject to regulatory approval, is expected to close late in the first quarter or early in the second quarter of 2014.
Encore Capital Group Announces Fourth Quarter and Full Year 2013 Financial Results; Diversifies and Expands Global Footprint
PR Newswire - Tue Feb 25, 3:05PM CST
Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2013. In a series of related announcements, the Company stated that it has acquired a controlling interest in Refinancia, a debt buyer and market share leader in Colombia and Peru, and has entered into an agreement to acquire a controlling interest in Grove, a leader in the purchasing and servicing of Individual Voluntary Arrangements, or IVAs, in the U.K.
Encore Introduces New Board Chair and Directors, Announces Senior Executive Promotions
PR Newswire - Mon Feb 24, 3:30PM CST
Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, announced today the appointment of Willem Mesdag as non-executive board chairman of the board and Laura Olle and Richard Srednicki as new directors. Additionally, the company announced the promotion of Ashish Masih, Jim Syran and Manu Rikhye to Executive Vice President positions.
Silicon Valley's Job Market Gaining Momentum Through First Quarter Of The New Year!
PR Newswire - Thu Feb 20, 3:45AM CST
West Valley Staffing Group, a leading provider of Comprehensive Solutions, announces positive results of the latest Silicon Valley Economic Forecast Survey. Silicon Valley employers from all industry sectors are seeing improving hiring trends through the first quarter of the year, and into 2014.
Encore Capital Group, Inc. to Announce Fourth Quarter and Full Year 2013 Results on February 25th
PR Newswire - Mon Feb 10, 3:05PM CST
Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full year of 2013 on Tuesday, February 25, 2014, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time to discuss the reported results.
Encore Capital Group Announces Expansion in U.K. through Purchase of Marlin Financial Services by Cabot Credit Management
PR Newswire - Mon Feb 10, 3:00AM CST
Encore Capital Group, Inc. (Encore) an international specialty finance company (NASDAQ: ECPG), today announced that its subsidiary, U.K.-based Cabot Credit Management (Cabot), has acquired Marlin Financial Group (Marlin), a leader in the U.K. debt purchasing market, for a cash purchase price of £295 million (approximately $481 million). The transaction was fully financed by debt incurred by Cabot. Encore acquired a controlling stake in Cabot in July 2013.
Tackling The Preparedness Challenge: Bentley University Study Identifies Solutions For Millennials' Success In The Workplace
PR Newswire - Wed Jan 29, 8:00AM CST
The Bentley Preparedness Survey, conducted on the University's behalf by KRC Research, surveyed more than 3,000 business recruiters and managers, high school and college students, recent college graduates, parents, and educators on the "why, what and how" behind the millennial generation's challenges in the 21st century workforce. The survey of nine audiences identified a number of solutions to alleviate the preparedness problem and found high levels of agreement among different stakeholders on those solutions. But the study also highlights a lack of consensus in how stakeholders actually define preparedness and views vary on which skills are needed.
Discover Financial Shares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 02, 12:58PM CST
On Dec 31, 2013, shares of Discover Financial Services reached a new 52-week high of $56.20.
Encore Capital Group Launches Global Corporate Social Responsibility Program
PR Newswire - Tue Dec 17, 1:00PM CST
Encore Capital Group, Inc. (NASDAQ: ECPG), a leading provider of debt recovery solutions for consumers and property owners across a broad range of assets, has announced its new global philanthropic corporate social responsibility (CSR) program. The company's CSR efforts will focus on economic empowerment and helping consumers and communities that are most in need take control of their financial futures through better education, job training and basic support services.
Encore Capital Group Earnings In Retrospect: Up 1.7% in the Last 18 Days (ECPG)
Comtex SmarTrend(R) - Mon Nov 25, 8:38AM CST
When Encore Capital Group (NASDAQ:ECPG) reported earnings two weeks ago on November 7th, 2013, analysts, on average, expected the company to report earnings of $0.94 on sales of $213.6 million. The company actually reported EPS of $1.02 on sales of $235.6 million, beating EPS estimates by $0.08 and beating revenue estimates by $22.0 million. Since the company's report, shares of Encore Capital Group have risen from $45.92 to $46.68, representing a gain of 1.7% in the past 18 days.
Discover Allies with Smartlink - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 15, 1:00PM CST
Direct banking and payment services company, Discover Financial Services has entered into a strategic alliance with Smartlink Card Service JSC.
Is A Short Squeeze Ahead for Encore Capital Group, Inc. (ECPG)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Nov 12, 5:57AM CST
Is A Short Squeeze Ahead for Encore Capital Group, Inc. (ECPG)?