CSH 24.05 Cash America International $CSH Hit a 52 week high of 25.24 Closing the day 09:45 at 24.05 -27.05 -52.94% With a day low of 23.18 and a total volume of 175,776.
CSH Recent Posts: http://investorshangout.com/Cash-America-Inte...CSH-50632/
CSH Cash America International Recent Headline News
Enova International Celebrates First Day of Trading on NYSE
PR Newswire - 2 hrs 10 mins ago
Enova International, Inc. (NYSE: ENVA), a leading online lending company, began trading today on the New York Stock Exchange (NYSE) under the ticker symbol "ENVA," following the completion of its spin-off from Cash America International, Inc. Enova was also added to the S&P SmallCap 600. Today's launch is being celebrated by more than 1,000 Enova employees in the Chicago area who share a vision of closing the gap between the loans offered by traditional lenders and the credit some working and middle-class borrowers throughout the world need, but are unable to obtain from those lenders.
CSH: 23.56 (-27.54)
Cash America Announces Completion of Spin-off of Online Business, Enova, into Separate Public Company and Retains Legacy Storefront Business
Business Wire - Thu Nov 13, 6:00AM CST
Cash America International, Inc. (NYSE: CSH) ("Cash America"
announced the successful completion of the spin-off of Enova International, Inc. ("Enova" , which will begin "regular way" trading today on the New York Stock Exchange ("NYSE" under the ticker symbol "ENVA." Cash America's board of directors began evaluating strategic alternatives for the possible separation of Enova in the spring of 2014, and in July it announced its intent to pursue the spin-off of Enova into a separate public company. The separation creates two companies oriented to serving the capital needs of consumers through distinctively different business models; one through a traditional storefront network and the other solely through the internet.
CSH: 23.56 (-27.54)
Cash America Earnings In Retrospect: Up 7.4% in the Last 18 Days (CSH)
Comtex SmarTrend(R) - Mon Nov 10, 8:49AM CST
When Cash America (NYSE:CSH) reported earnings two weeks ago on October 23rd, 2014, analysts, on average, expected the company to report earnings of $0.77 on sales of $490.5 million. The company actually reported EPS of $0.82 on sales of $472.2 million, beating EPS estimates by $0.05 and missing revenue estimates by $18.3 million. Shares of Cash America have climbed from $45.76 to $49.15, representing a gain of 7.4% since the company reported earnings 18 days ago.
CSH: 23.56 (-27.54)
Cash America's Enova Spinoff Is Another Way to Play Online Lending
at The Street - Thu Nov 06, 1:44PM CST
Online lending fans are eagerly awaiting the IPO of LendingClub, but another investment that may prove more attractive will begin trading Nov. 13.
BLK: 349.78 (-0.12), CS: 26.30 (+0.54), MS: 35.87 (-0.10), CSH: 23.56 (-27.54)
Enova International Set to Join the S&P SmallCap 600
PR Newswire - Wed Nov 05, 5:03PM CST
Enova International Inc. (NYSE: ENVAwi) will replace Procera Networks Inc. (NASD: PKT) in the S&P SmallCap 600 after the close of trading on Wednesday, November 12. S&P SmallCap 600 constituent Cash America International Inc. (NYSE: CSH) is spinning off Enova International in a transaction expected to be completed on that date. Cash America International will remain in the S&P SmallCap 600 following the distribution. Procera Networks is ranked at the bottom of the S&P SmallCap 600.
PKT: 6.97 (+0.02), MHFI: 90.62 (+0.11), CSH: 23.56 (-27.54)
Enova International, Inc. to List on NYSE
PR Newswire - Wed Oct 29, 3:40PM CDT
Enova International, Inc. ("Enova" announced today that shares of its common stock will be listed on the NYSE under the symbol "ENVA" following Cash America International, Inc.'s distribution of approximately 80 percent of Enova's stock in a spin-off transaction, which is currently scheduled to occur on November 13, 2014. Trading of the right to Enova's "when-issued" shares will begin tomorrow, October 30, 2014. Enova has grown over the past ten years from a small Chicago start-up company into an international business providing loans through its lending platform to over three million customers in the United States, the United Kingdom, Canada, and Australia during those years.
CSH: 23.56 (-27.54)
Cash America International's (CSH) CEO Daniel Feehan on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Oct 23, 2:57PM CDT
CSH: 23.56 (-27.54)
Cash America International (CSH) Q3 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Oct 23, 6:55AM CDT
CSH: 23.56 (-27.54)
Cash America declares $0.035 dividend
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 5:24AM CDT
CSH: 23.56 (-27.54)
Cash America beats by $0.05, beats on revenue
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 5:16AM CDT
CSH: 23.56 (-27.54)
Cash America Announces Third Quarter Results and Dividend Declared
Business Wire - Thu Oct 23, 5:13AM CDT
Cash America International, Inc. (NYSE:CSH) announced today that reported net income attributable to the Company for the third quarter ended September 30, 2014, was $9,916,000 (34 cents per share). During the third quarter of 2014, management implemented plans that generated $14.1 million in after tax expenses (48 cents per share) related to the sale of non-strategic operations, the early extinguishment of long-term debt and to complete a corporate reorganization to create efficiencies in its Retail Services segment. Excluding the $14.1 million of unusual expense items incurred in the third quarter of 2014, adjusted net income, a non-GAAP measure, would have been $24.0 million (82 cents per share) for the third quarter ended September 30, 2014. Net income for the comparable third quarter of 2013 was $46,186,000 ($1.52 per share), which included an after tax net benefit of $21.9 million (72 cents per share) that was created by a tax credit that was partially offset by a significant litigation settlement during the period. The adjusted net income, a non-GAAP measure, for the third quarter of 2013, excluding the net benefit, was $24.3 million (80 cents per share).
CSH: 23.56 (-27.54)
Notable earnings before Thursday’s open
Seeking Alpha - at Seeking Alpha - Wed Oct 22, 4:30PM CDT
CRS: 52.08 (+0.09), CAM: 57.58 (-1.05), LAZ: 49.60 (-0.22), JAH: 66.84 (+0.35), ASPS: 58.04 (-2.46), BBW: 18.16 (-0.07), LO: 62.10 (+0.02), CAB: 52.37 (-0.30), CFX: 53.50 (-0.17), FAF: 30.93 (+0.07), KKR: 22.26 (+0.27), AEP: 56.54 (-0.33), DNKN: 48.86 (+0.77), DO: 34.86 (-0.98), JAKK: 6.74 (-0.11), AAL: 44.24 (+0.81), DAN: 20.65 (-0.25), CAT: 102.11 (-0.88), CSH: 23.56 (-27.54), LSTR: 76.67 (-0.40), BHE: 24.13 (-0.13), ARG: 114.44 (+0.08), AVT: 42.68 (-1.37), ALV: 96.75 (+0.70), ALK: 56.77 (+0.60), BKU: 30.80 (-0.15), CELG: 108.67 (+0.42), CWEI: 84.95 (-1.95), BCC: 37.29 (+0.09), HERO: 1.57 (-0.04), AB: 26.97 (+0.37), DGX: 64.05 (+1.16), ALXN: 194.38 (+0.69), CHKP: 76.53 (+0.73), MDP: 51.25 (+0.03), ACAT: 33.54 (+0.08), GRUB: 34.64 (+0.13), JBLU: 12.58 (+0.05), CLI: 19.46 (+0.03), CVE: 24.45 (-0.77), CCE: 42.86 (unch), LUV: 39.81 (+0.44), DPS: 71.00 (+0.34), IVC: 16.36 (-0.17), GMT: 65.25 (-0.17), BC: 48.79 (-0.52), JNS: 14.74 (+0.27), DLX: 60.79 (-0.54), CMS: 32.49 (+0.01), LTM: 56.46 (+0.14), CS: 26.30 (+0.54), LLY: 67.96 (+0.56), BMS: 39.04 (-0.02), IMAX: 30.98 (+0.38), EQT: 92.73 (-1.52), GPI: 88.24 (-0.14), EQM: 87.91 (-0.18), GM: 31.80 (+0.38), CRI: 78.73 (-0.54), CMCSA: 54.42 (+0.82), HUB.B: 112.20 (-0.34)
Cash America Announces That Its Board of Directors Has Approved the Spin-off of Enova International, Inc.
Business Wire - Wed Oct 22, 3:45PM CDT
Cash America International, Inc. (NYSE: CSH) announced today that its Board of Directors has approved the spin-off of its E-Commerce Division (that comprises its e-commerce segment), Enova International, Inc. ("Enova" , into an independent and separate publicly traded company.
CSH: 23.56 (-27.54)
Navient Q3 Earnings Beat, Acquires $1.4B in Student Loans - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 16, 10:50AM CDT
Navient Corporation's (NAVI) third-quarter 2014 core earnings came in at 52 cents per share, marginally beating Zacks Consensus Estimate.
DFS: 65.62 (-0.39), SLM: 10.04 (+0.02), NAVI: 20.40 (+0.27), CSH: 23.56 (-27.54)
Cash America International, Inc. Third Quarter 2014 Earnings Conference Call
Business Wire - Thu Oct 16, 6:00AM CDT
CASH AMERICA INTERNATIONAL, INC. (NYSE: CSH), a leading provider of specialty financial services to individuals, will hold its quarterly conference call to discuss Third Quarter 2014 results on Thursday, October 23, 2014, at 8:00 a.m. Eastern Time (7:00 a.m. Central Time).
CSH: 23.56 (-27.54)
Online Payday Lending: UK Market Profile and Forecast 2014
M2 - Thu Oct 16, 5:22AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mjxvf7/online_payday) has announced the addition of the "Online Payday Lending: UK Market Profile and Forecast 2014" report to their offering. This market involves the provision of high-cost, short-term loans via a website. As well as 30-day loans designed to tide the borrower over until the next payday, the report includes other loans with interest rates of over 100% and terms of less than one year. This report quantifies the market size, historical growth rates, segmentation patterns and levels of industry profitability while reviewing key factors behind these figures. This report also carries out an in-depth analysis of the relevant drivers of industry growth - in particular the macroeconomic environment and regulatory framework - setting out historical trends and available forecasts. Our forecast for industry growth is based on this analysis of historical trends and growth drivers. Payday lending has emerged and grown into a major industry with customers measured in millions in just a few years. The industry is frequently in the news. - Lenders are often criticised for charging high rates of interest which exploit low-income consumers - However, many lenders inspire high levels of customer loyalty and enjoy satisfaction rates that would be the envy of the mainstream banks - Recently, regulators have taken a great interest in the industry and many lenders have pulled out of the market This report aims to explore the industry behind these statements, probe the factors which have driven its historical growth and recent more mixed performance and provide a view on how the market is most likely to perform in the future. Other questions the report considers include: - Why did payday lending grow so rapidly in the UK and what factors have made it develop more rapidly here than elsewhere. - Who takes out payday loans and why? - Who are the main companies in the market, who owns them and how have they performed? - What impact is the FCA's price cap likely to have on the market in future? - How are lenders adjusting their business models in response to it? Key Topics Covered: 1. Online payday lending market overview - Description - Value drivers - History of payday lending - Term loans and Line-of-Credit accounts - Alternatives to online payday loans - Payday loans from high street pawnbrokers and money shops - Other high-cost credit - Conventional lending - Credit unions - Trade unions - Borrowing costs - Customers and their needs - Borrowing patterns and repeat lending - Affiliate marketing and ping trees 2. Market size and growth - Market estimates - Leading company revenue trends - Voluntary exit of lenders - Demand for payday loans - US market comparison - Market drivers - Macroeconomic trends - Government fiscal tightening and benefits - Access to mainstream banks and credit sources - International comparisons - Consumer credit and credit cards - Regulation - Customers experiencing financial difficulty - Historical role of the OFT - Competition and Markets Authority - FCA - Regulation in other countries 3. Competitive landscape - Overview of leading operators - Employees - Margins - Website popularity - Customer reviews - Profiles of leading operators 4. Forecasts - Driver forecasts - Housing costs - Government fiscal tightening and benefits - Availability of other forms of credit - Impact of regulation on the forecast - Market forecast Companies Mentioned - Cash America International Inc. - DFC Global Corp. - MEM Consumer Finance - Payday Express - PaydayUK - QuickQuid - Wage Day Advance. - Wonga For more information visit http://www.researchandmarkets.com/research/mj...ine_payday
CSH: 23.56 (-27.54)
Cash America Announces Exit of Mexico and Colorado Markets
Business Wire - Wed Aug 27, 6:00AM CDT
Cash America International, Inc. (NYSE: CSH) announced today that it has exited two non-strategic markets through the sale of its 47 pawn lending locations in Mexico and its 5 pawn lending locations in Colorado. The 47 locations in Mexico and the 5 locations in Colorado represent all of the Company's stores in each of those markets. After the completion of these two transactions, the Company will operate 864 lending locations in 21 states with $256.5 million in pawn loan balances, based on pawn loan balances outstanding as of June 30, 2014.
CSH: 23.56 (-27.54)
Cash America Earnings Hindsight: Down 1.4% in Last 18 Days (CSH)
Comtex SmarTrend(R) - Mon Aug 11, 8:18AM CDT
When Cash America (NYSE:CSH) reported earnings 18 days ago on July 24th, 2014, analysts, on average, expected the company to report earnings of $0.88 on sales of $436.4 million. The company actually reported EPS of $1.04 on sales of $455.1 million, beating EPS estimates by $0.16 and beating revenue estimates by $18.7 million. Since the company's report, shares of Cash America have fallen from $45.95 to $45.32, representing a loss of 1.4% in the past 18 days.
CSH: 23.56 (-27.54)
Monday's Ex-Dividends To Watch: CSH, CYN, CBD
at The Street - Fri Aug 01, 9:03AM CDT
CSH CYN CBD are going ex-dividend Monday, Monday, Aug. 4, 2014, 4:00 AM ET
CYN: 79.56 (-0.67), CBD: 41.21 (-0.36), CSH: 23.56 (-27.54)
Cash America Reports Second Quarter Net Income and Declares Dividend
Business Wire - Thu Jul 24, 5:00AM CDT
Cash America International, Inc. (NYSE: CSH) reported today that its net income for the second quarter ended June 30, 2014 was $20,971,000 (72 cents per share), which compares to the second quarter 2013 net income of $25,132,000 (81 cents per share). Included in the results for the second quarter ended June 30, 2014 is $15.0 million in charges related to the early extinguishment of debt related to the prepayment of long-term notes during the period. Excluding the after-tax impact of the early extinguishment of debt costs of $9.5 million (32 cents per share), net income attributable to the Company adjusted for this expense, a non-GAAP measure, would have increased 21% to $30.4 million for the three months ended June 30, 2014, and net income per share adjusted for this expense, a non-GAAP measure, would have been $1.04 per share, representing a 28% increase in earnings per share from the same period in 2013. Net income per share adjusted for this expense for the second quarter of 2014 exceeded the Company's published guidance range of 85 cents per share to 95 cents per share announced on April 24, 2014.
CSH: 23.56 (-27.54)
CSH Recent Posts: http://investorshangout.com/Cash-America-Inte...CSH-50632/
CSH Cash America International Recent Headline News
Enova International Celebrates First Day of Trading on NYSE
PR Newswire - 2 hrs 10 mins ago
Enova International, Inc. (NYSE: ENVA), a leading online lending company, began trading today on the New York Stock Exchange (NYSE) under the ticker symbol "ENVA," following the completion of its spin-off from Cash America International, Inc. Enova was also added to the S&P SmallCap 600. Today's launch is being celebrated by more than 1,000 Enova employees in the Chicago area who share a vision of closing the gap between the loans offered by traditional lenders and the credit some working and middle-class borrowers throughout the world need, but are unable to obtain from those lenders.
CSH: 23.56 (-27.54)
Cash America Announces Completion of Spin-off of Online Business, Enova, into Separate Public Company and Retains Legacy Storefront Business
Business Wire - Thu Nov 13, 6:00AM CST
Cash America International, Inc. (NYSE: CSH) ("Cash America"
announced the successful completion of the spin-off of Enova International, Inc. ("Enova" , which will begin "regular way" trading today on the New York Stock Exchange ("NYSE" under the ticker symbol "ENVA." Cash America's board of directors began evaluating strategic alternatives for the possible separation of Enova in the spring of 2014, and in July it announced its intent to pursue the spin-off of Enova into a separate public company. The separation creates two companies oriented to serving the capital needs of consumers through distinctively different business models; one through a traditional storefront network and the other solely through the internet. CSH: 23.56 (-27.54)
Cash America Earnings In Retrospect: Up 7.4% in the Last 18 Days (CSH)
Comtex SmarTrend(R) - Mon Nov 10, 8:49AM CST
When Cash America (NYSE:CSH) reported earnings two weeks ago on October 23rd, 2014, analysts, on average, expected the company to report earnings of $0.77 on sales of $490.5 million. The company actually reported EPS of $0.82 on sales of $472.2 million, beating EPS estimates by $0.05 and missing revenue estimates by $18.3 million. Shares of Cash America have climbed from $45.76 to $49.15, representing a gain of 7.4% since the company reported earnings 18 days ago.
CSH: 23.56 (-27.54)
Cash America's Enova Spinoff Is Another Way to Play Online Lending
at The Street - Thu Nov 06, 1:44PM CST
Online lending fans are eagerly awaiting the IPO of LendingClub, but another investment that may prove more attractive will begin trading Nov. 13.
BLK: 349.78 (-0.12), CS: 26.30 (+0.54), MS: 35.87 (-0.10), CSH: 23.56 (-27.54)
Enova International Set to Join the S&P SmallCap 600
PR Newswire - Wed Nov 05, 5:03PM CST
Enova International Inc. (NYSE: ENVAwi) will replace Procera Networks Inc. (NASD: PKT) in the S&P SmallCap 600 after the close of trading on Wednesday, November 12. S&P SmallCap 600 constituent Cash America International Inc. (NYSE: CSH) is spinning off Enova International in a transaction expected to be completed on that date. Cash America International will remain in the S&P SmallCap 600 following the distribution. Procera Networks is ranked at the bottom of the S&P SmallCap 600.
PKT: 6.97 (+0.02), MHFI: 90.62 (+0.11), CSH: 23.56 (-27.54)
Enova International, Inc. to List on NYSE
PR Newswire - Wed Oct 29, 3:40PM CDT
Enova International, Inc. ("Enova"
announced today that shares of its common stock will be listed on the NYSE under the symbol "ENVA" following Cash America International, Inc.'s distribution of approximately 80 percent of Enova's stock in a spin-off transaction, which is currently scheduled to occur on November 13, 2014. Trading of the right to Enova's "when-issued" shares will begin tomorrow, October 30, 2014. Enova has grown over the past ten years from a small Chicago start-up company into an international business providing loans through its lending platform to over three million customers in the United States, the United Kingdom, Canada, and Australia during those years. CSH: 23.56 (-27.54)
Cash America International's (CSH) CEO Daniel Feehan on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Oct 23, 2:57PM CDT
CSH: 23.56 (-27.54)
Cash America International (CSH) Q3 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Oct 23, 6:55AM CDT
CSH: 23.56 (-27.54)
Cash America declares $0.035 dividend
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 5:24AM CDT
CSH: 23.56 (-27.54)
Cash America beats by $0.05, beats on revenue
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 5:16AM CDT
CSH: 23.56 (-27.54)
Cash America Announces Third Quarter Results and Dividend Declared
Business Wire - Thu Oct 23, 5:13AM CDT
Cash America International, Inc. (NYSE:CSH) announced today that reported net income attributable to the Company for the third quarter ended September 30, 2014, was $9,916,000 (34 cents per share). During the third quarter of 2014, management implemented plans that generated $14.1 million in after tax expenses (48 cents per share) related to the sale of non-strategic operations, the early extinguishment of long-term debt and to complete a corporate reorganization to create efficiencies in its Retail Services segment. Excluding the $14.1 million of unusual expense items incurred in the third quarter of 2014, adjusted net income, a non-GAAP measure, would have been $24.0 million (82 cents per share) for the third quarter ended September 30, 2014. Net income for the comparable third quarter of 2013 was $46,186,000 ($1.52 per share), which included an after tax net benefit of $21.9 million (72 cents per share) that was created by a tax credit that was partially offset by a significant litigation settlement during the period. The adjusted net income, a non-GAAP measure, for the third quarter of 2013, excluding the net benefit, was $24.3 million (80 cents per share).
CSH: 23.56 (-27.54)
Notable earnings before Thursday’s open
Seeking Alpha - at Seeking Alpha - Wed Oct 22, 4:30PM CDT
CRS: 52.08 (+0.09), CAM: 57.58 (-1.05), LAZ: 49.60 (-0.22), JAH: 66.84 (+0.35), ASPS: 58.04 (-2.46), BBW: 18.16 (-0.07), LO: 62.10 (+0.02), CAB: 52.37 (-0.30), CFX: 53.50 (-0.17), FAF: 30.93 (+0.07), KKR: 22.26 (+0.27), AEP: 56.54 (-0.33), DNKN: 48.86 (+0.77), DO: 34.86 (-0.98), JAKK: 6.74 (-0.11), AAL: 44.24 (+0.81), DAN: 20.65 (-0.25), CAT: 102.11 (-0.88), CSH: 23.56 (-27.54), LSTR: 76.67 (-0.40), BHE: 24.13 (-0.13), ARG: 114.44 (+0.08), AVT: 42.68 (-1.37), ALV: 96.75 (+0.70), ALK: 56.77 (+0.60), BKU: 30.80 (-0.15), CELG: 108.67 (+0.42), CWEI: 84.95 (-1.95), BCC: 37.29 (+0.09), HERO: 1.57 (-0.04), AB: 26.97 (+0.37), DGX: 64.05 (+1.16), ALXN: 194.38 (+0.69), CHKP: 76.53 (+0.73), MDP: 51.25 (+0.03), ACAT: 33.54 (+0.08), GRUB: 34.64 (+0.13), JBLU: 12.58 (+0.05), CLI: 19.46 (+0.03), CVE: 24.45 (-0.77), CCE: 42.86 (unch), LUV: 39.81 (+0.44), DPS: 71.00 (+0.34), IVC: 16.36 (-0.17), GMT: 65.25 (-0.17), BC: 48.79 (-0.52), JNS: 14.74 (+0.27), DLX: 60.79 (-0.54), CMS: 32.49 (+0.01), LTM: 56.46 (+0.14), CS: 26.30 (+0.54), LLY: 67.96 (+0.56), BMS: 39.04 (-0.02), IMAX: 30.98 (+0.38), EQT: 92.73 (-1.52), GPI: 88.24 (-0.14), EQM: 87.91 (-0.18), GM: 31.80 (+0.38), CRI: 78.73 (-0.54), CMCSA: 54.42 (+0.82), HUB.B: 112.20 (-0.34)
Cash America Announces That Its Board of Directors Has Approved the Spin-off of Enova International, Inc.
Business Wire - Wed Oct 22, 3:45PM CDT
Cash America International, Inc. (NYSE: CSH) announced today that its Board of Directors has approved the spin-off of its E-Commerce Division (that comprises its e-commerce segment), Enova International, Inc. ("Enova"
, into an independent and separate publicly traded company. CSH: 23.56 (-27.54)
Navient Q3 Earnings Beat, Acquires $1.4B in Student Loans - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 16, 10:50AM CDT
Navient Corporation's (NAVI) third-quarter 2014 core earnings came in at 52 cents per share, marginally beating Zacks Consensus Estimate.
DFS: 65.62 (-0.39), SLM: 10.04 (+0.02), NAVI: 20.40 (+0.27), CSH: 23.56 (-27.54)
Cash America International, Inc. Third Quarter 2014 Earnings Conference Call
Business Wire - Thu Oct 16, 6:00AM CDT
CASH AMERICA INTERNATIONAL, INC. (NYSE: CSH), a leading provider of specialty financial services to individuals, will hold its quarterly conference call to discuss Third Quarter 2014 results on Thursday, October 23, 2014, at 8:00 a.m. Eastern Time (7:00 a.m. Central Time).
CSH: 23.56 (-27.54)
Online Payday Lending: UK Market Profile and Forecast 2014
M2 - Thu Oct 16, 5:22AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mjxvf7/online_payday) has announced the addition of the "Online Payday Lending: UK Market Profile and Forecast 2014" report to their offering. This market involves the provision of high-cost, short-term loans via a website. As well as 30-day loans designed to tide the borrower over until the next payday, the report includes other loans with interest rates of over 100% and terms of less than one year. This report quantifies the market size, historical growth rates, segmentation patterns and levels of industry profitability while reviewing key factors behind these figures. This report also carries out an in-depth analysis of the relevant drivers of industry growth - in particular the macroeconomic environment and regulatory framework - setting out historical trends and available forecasts. Our forecast for industry growth is based on this analysis of historical trends and growth drivers. Payday lending has emerged and grown into a major industry with customers measured in millions in just a few years. The industry is frequently in the news. - Lenders are often criticised for charging high rates of interest which exploit low-income consumers - However, many lenders inspire high levels of customer loyalty and enjoy satisfaction rates that would be the envy of the mainstream banks - Recently, regulators have taken a great interest in the industry and many lenders have pulled out of the market This report aims to explore the industry behind these statements, probe the factors which have driven its historical growth and recent more mixed performance and provide a view on how the market is most likely to perform in the future. Other questions the report considers include: - Why did payday lending grow so rapidly in the UK and what factors have made it develop more rapidly here than elsewhere. - Who takes out payday loans and why? - Who are the main companies in the market, who owns them and how have they performed? - What impact is the FCA's price cap likely to have on the market in future? - How are lenders adjusting their business models in response to it? Key Topics Covered: 1. Online payday lending market overview - Description - Value drivers - History of payday lending - Term loans and Line-of-Credit accounts - Alternatives to online payday loans - Payday loans from high street pawnbrokers and money shops - Other high-cost credit - Conventional lending - Credit unions - Trade unions - Borrowing costs - Customers and their needs - Borrowing patterns and repeat lending - Affiliate marketing and ping trees 2. Market size and growth - Market estimates - Leading company revenue trends - Voluntary exit of lenders - Demand for payday loans - US market comparison - Market drivers - Macroeconomic trends - Government fiscal tightening and benefits - Access to mainstream banks and credit sources - International comparisons - Consumer credit and credit cards - Regulation - Customers experiencing financial difficulty - Historical role of the OFT - Competition and Markets Authority - FCA - Regulation in other countries 3. Competitive landscape - Overview of leading operators - Employees - Margins - Website popularity - Customer reviews - Profiles of leading operators 4. Forecasts - Driver forecasts - Housing costs - Government fiscal tightening and benefits - Availability of other forms of credit - Impact of regulation on the forecast - Market forecast Companies Mentioned - Cash America International Inc. - DFC Global Corp. - MEM Consumer Finance - Payday Express - PaydayUK - QuickQuid - Wage Day Advance. - Wonga For more information visit http://www.researchandmarkets.com/research/mj...ine_payday
CSH: 23.56 (-27.54)
Cash America Announces Exit of Mexico and Colorado Markets
Business Wire - Wed Aug 27, 6:00AM CDT
Cash America International, Inc. (NYSE: CSH) announced today that it has exited two non-strategic markets through the sale of its 47 pawn lending locations in Mexico and its 5 pawn lending locations in Colorado. The 47 locations in Mexico and the 5 locations in Colorado represent all of the Company's stores in each of those markets. After the completion of these two transactions, the Company will operate 864 lending locations in 21 states with $256.5 million in pawn loan balances, based on pawn loan balances outstanding as of June 30, 2014.
CSH: 23.56 (-27.54)
Cash America Earnings Hindsight: Down 1.4% in Last 18 Days (CSH)
Comtex SmarTrend(R) - Mon Aug 11, 8:18AM CDT
When Cash America (NYSE:CSH) reported earnings 18 days ago on July 24th, 2014, analysts, on average, expected the company to report earnings of $0.88 on sales of $436.4 million. The company actually reported EPS of $1.04 on sales of $455.1 million, beating EPS estimates by $0.16 and beating revenue estimates by $18.7 million. Since the company's report, shares of Cash America have fallen from $45.95 to $45.32, representing a loss of 1.4% in the past 18 days.
CSH: 23.56 (-27.54)
Monday's Ex-Dividends To Watch: CSH, CYN, CBD
at The Street - Fri Aug 01, 9:03AM CDT
CSH CYN CBD are going ex-dividend Monday, Monday, Aug. 4, 2014, 4:00 AM ET
CYN: 79.56 (-0.67), CBD: 41.21 (-0.36), CSH: 23.56 (-27.54)
Cash America Reports Second Quarter Net Income and Declares Dividend
Business Wire - Thu Jul 24, 5:00AM CDT
Cash America International, Inc. (NYSE: CSH) reported today that its net income for the second quarter ended June 30, 2014 was $20,971,000 (72 cents per share), which compares to the second quarter 2013 net income of $25,132,000 (81 cents per share). Included in the results for the second quarter ended June 30, 2014 is $15.0 million in charges related to the early extinguishment of debt related to the prepayment of long-term notes during the period. Excluding the after-tax impact of the early extinguishment of debt costs of $9.5 million (32 cents per share), net income attributable to the Company adjusted for this expense, a non-GAAP measure, would have increased 21% to $30.4 million for the three months ended June 30, 2014, and net income per share adjusted for this expense, a non-GAAP measure, would have been $1.04 per share, representing a 28% increase in earnings per share from the same period in 2013. Net income per share adjusted for this expense for the second quarter of 2014 exceeded the Company's published guidance range of 85 cents per share to 95 cents per share announced on April 24, 2014.
CSH: 23.56 (-27.54)
