Asta Funding Inc (ASFI) 10.71 $ASFI
Asta Funding Has Returned 28.2% Since SmarTrend Recommendation (ASFI)
Comtex SmarTrend(R) - Wed Jun 15, 1:06AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 3 months, Asta Funding has returned 28.24% as of today's recent price of $10.40.
ASFI: 10.71 (-0.02)
Uptrend Call Working As Asta Funding Stock Rises 30.2% (ASFI)
Comtex SmarTrend(R) - Tue Jun 07, 1:42PM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 3 months, Asta Funding has returned 30.21% as of today's recent price of $10.56.
ASFI: 10.71 (-0.02)
Shares of ASFI Up 29.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue May 31, 1:03AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 3 months, Asta Funding has returned 29.22% as of today's recent price of $10.48.
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Final Results of Its Modified Dutch Auction Tender Offer
GlobeNewswire - Fri May 13, 8:00AM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company"
today announced the final results of its modified "Dutch auction" tender offer, which expired at 5:00 p.m., New York City Time, on May 12, 2016. The Company will purchase 274,185 shares of its common stock at a purchase price of $10.25 per share, for an aggregate purchase price of $2,810,396.25, excluding fees and expenses relating to the tender offer.
ASFI: 10.71 (-0.02)
Asta Funding Up 26.3% Since SmarTrend Uptrend Call (ASFI)
Comtex SmarTrend(R) - Fri May 13, 12:30AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 2 months, Asta Funding has returned 26.26% as of today's recent price of $10.24.
ASFI: 10.71 (-0.02)
Asta Funding reports 2Q loss
Automated Insights - Tue May 10, 3:19PM CDT
ENGLEWOOD CLIFFS, N.J. (AP) _ Asta Funding Inc. (ASFI) on Tuesday reported a fiscal second-quarter loss of $1.8 million, after reporting a profit in the same period a year earlier.
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Financial Results for the Second Quarter and First Six Months of Fiscal 2016
GlobeNewswire - Tue May 10, 3:00PM CDT
-- Total Income $23.3 million for the Six Months, an increase of 10% over the prior year
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Clarifying Amendment of Its Tender Offer to Purchase Up to 3,000,000 Shares of Its Common Stock
GlobeNewswire - Tue May 03, 3:45PM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company" announced today that it had filed with the Securities and Exchange Commission certain amendments to its modified "Dutch auction" self-tender offer which commenced on April 11, 2016. The amendment does not change any of the economic terms of the Company's Offer to Purchase (the "Offer", which is structured as a Dutch auction with a price range of $9.50-$10.25 per share and an expiration date of May 12, 2016. The amendment updates the Offer to reflect the termination of the tender offer of MPF InvestCo 4, LLC, a Delaware limited liability company which is a direct, wholly owned subsidiary of The Mangrove Partners Master Fund, Ltd. In addition, the amendment provides clarification of certain other information contained in the Offer, including to:
ASFI: 10.71 (-0.02)
Mangrove Announces Termination of Tender Offer for Shares of Common Stock of Asta Funding, Inc.
PR Newswire - Tue Apr 26, 4:22PM CDT
Mangrove Partners ("Mangrove" today announced that it has terminated the previously announced cash tender offer to acquire 3,000,000 shares of common stock of Asta Funding, Inc. ("ASTA" at an offering price of $9.50 per share. The tender offer was due to expire at 5:00 pm New York City Time on Monday, May 9, 2016.
ASFI: 10.71 (-0.02)
Asta Funding, Inc.'s Board of Directors Reaffirms Recommendation that Shareholders Reject Amended Unsolicited Tender Offer
GlobeNewswire - Thu Apr 21, 11:50AM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company" today announced that its Board of Directors, after careful consideration of the amendment to the unsolicited tender offer announced by MPF Investco 4, LLC's, a direct, wholly-owned subsidiary of The Mangrove Partners Master Fund, Ltd. ("Mangrove", unanimously reaffirmed its recommendation to shareholders that they reject the unsolicited tender offer, as it is not in the best interests of the Company's shareholders.
ASFI: 10.71 (-0.02)
Mangrove Announces Increase of Purchase Price and Extension of Expiration Date of Tender Offer of Asta Funding, Inc.
PR Newswire - Fri Apr 15, 1:55PM CDT
Mangrove Partners ("Mangrove" today announced that it has increased the offering price of its previously announced tender offer of 3,000,000 shares of Asta Funding, Inc. (NASDAQ: ASFI) (ASTA) from $9.00 to $9.50, net to the seller in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in Mangrove's original offer to purchase filed with the SEC on March 22, 2016, and a supplement to the original offer to purchase and the related amended letter of transmittal, each to be filed with the SEC today. In connection with the increased purchase price, Mangrove has extended the expiration of the tender offer to 5:00 p.m. New York City time on Monday, May 9, 2016. The tender offer was originally scheduled to expire at 12:00 midnight, New York City time, on April 18, 2016.
ASFI: 10.71 (-0.02)
Uptrend Call Working As Asta Funding Stock Rises 23.7% (ASFI)
Comtex SmarTrend(R) - Tue Apr 12, 12:21AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 1 month, Asta Funding has returned 23.67% as of today's recent price of $10.03.
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Commencement of Tender Offer to Purchase Up to 3,000,000 Shares of Its Common Stock
GlobeNewswire - Mon Apr 11, 2:19PM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company" announced today the commencement of a modified "Dutch auction" self-tender offer to purchase for cash up to 3,000,000 shares of its common stock at a price per share not greater than $10.25 nor less than $9.50, less applicable withholding taxes and without interest. The NASDAQ closing price of Asta's common stock on April 8, 2016 was $10.00 per share.
ASFI: 10.71 (-0.02)
Mangrove Announces Waiver of Condition of Tender Offer of Asta Funding, Inc.
PR Newswire - Tue Apr 05, 4:56PM CDT
Mangrove Partners ("Mangrove" today announced that it has waived certain conditions to its previously announced tender offer related to the announcement by Asta Funding, Inc. (NASDAQ: ASFI) of a "Dutch Auction" tender offer for shares of its own Common Stock. Mangrove's tender offer for 3,000,000 shares of Asta Funding's common stock at a cash price equal to $9.00 net per share was made subject to certain conditions, including the Company has not authorized or proposed the acquisition or other reduction in the number of shares of its common stock or other securities. The announcement of the "Dutch Tender" has triggered such condition. Mangrove has determined to waive such condition, but will add the following condition to its tender offer:
ASFI: 10.71 (-0.02)
Asta Funding, Inc.'s Board of Directors Rejects Unsolicited Tender Offer
GlobeNewswire - Thu Mar 31, 9:00PM CDT
Board Urges Shareholders Not to Tender Shares as Offer Significantly Undervalues Asta Funding, Inc. and Does Not Reflect the Value the Company will contribute to Shareholders
ASFI: 10.71 (-0.02)
Asta Funding Has Returned 28.2% Since SmarTrend Recommendation (ASFI)
Comtex SmarTrend(R) - Wed Jun 15, 1:06AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 3 months, Asta Funding has returned 28.24% as of today's recent price of $10.40.
ASFI: 10.71 (-0.02)
Uptrend Call Working As Asta Funding Stock Rises 30.2% (ASFI)
Comtex SmarTrend(R) - Tue Jun 07, 1:42PM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 3 months, Asta Funding has returned 30.21% as of today's recent price of $10.56.
ASFI: 10.71 (-0.02)
Shares of ASFI Up 29.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue May 31, 1:03AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 3 months, Asta Funding has returned 29.22% as of today's recent price of $10.48.
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Final Results of Its Modified Dutch Auction Tender Offer
GlobeNewswire - Fri May 13, 8:00AM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company"
today announced the final results of its modified "Dutch auction" tender offer, which expired at 5:00 p.m., New York City Time, on May 12, 2016. The Company will purchase 274,185 shares of its common stock at a purchase price of $10.25 per share, for an aggregate purchase price of $2,810,396.25, excluding fees and expenses relating to the tender offer. ASFI: 10.71 (-0.02)
Asta Funding Up 26.3% Since SmarTrend Uptrend Call (ASFI)
Comtex SmarTrend(R) - Fri May 13, 12:30AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 2 months, Asta Funding has returned 26.26% as of today's recent price of $10.24.
ASFI: 10.71 (-0.02)
Asta Funding reports 2Q loss
Automated Insights - Tue May 10, 3:19PM CDT
ENGLEWOOD CLIFFS, N.J. (AP) _ Asta Funding Inc. (ASFI) on Tuesday reported a fiscal second-quarter loss of $1.8 million, after reporting a profit in the same period a year earlier.
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Financial Results for the Second Quarter and First Six Months of Fiscal 2016
GlobeNewswire - Tue May 10, 3:00PM CDT
-- Total Income $23.3 million for the Six Months, an increase of 10% over the prior year
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Clarifying Amendment of Its Tender Offer to Purchase Up to 3,000,000 Shares of Its Common Stock
GlobeNewswire - Tue May 03, 3:45PM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company"
announced today that it had filed with the Securities and Exchange Commission certain amendments to its modified "Dutch auction" self-tender offer which commenced on April 11, 2016. The amendment does not change any of the economic terms of the Company's Offer to Purchase (the "Offer", which is structured as a Dutch auction with a price range of $9.50-$10.25 per share and an expiration date of May 12, 2016. The amendment updates the Offer to reflect the termination of the tender offer of MPF InvestCo 4, LLC, a Delaware limited liability company which is a direct, wholly owned subsidiary of The Mangrove Partners Master Fund, Ltd. In addition, the amendment provides clarification of certain other information contained in the Offer, including to: ASFI: 10.71 (-0.02)
Mangrove Announces Termination of Tender Offer for Shares of Common Stock of Asta Funding, Inc.
PR Newswire - Tue Apr 26, 4:22PM CDT
Mangrove Partners ("Mangrove"
today announced that it has terminated the previously announced cash tender offer to acquire 3,000,000 shares of common stock of Asta Funding, Inc. ("ASTA" at an offering price of $9.50 per share. The tender offer was due to expire at 5:00 pm New York City Time on Monday, May 9, 2016. ASFI: 10.71 (-0.02)
Asta Funding, Inc.'s Board of Directors Reaffirms Recommendation that Shareholders Reject Amended Unsolicited Tender Offer
GlobeNewswire - Thu Apr 21, 11:50AM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company"
today announced that its Board of Directors, after careful consideration of the amendment to the unsolicited tender offer announced by MPF Investco 4, LLC's, a direct, wholly-owned subsidiary of The Mangrove Partners Master Fund, Ltd. ("Mangrove", unanimously reaffirmed its recommendation to shareholders that they reject the unsolicited tender offer, as it is not in the best interests of the Company's shareholders. ASFI: 10.71 (-0.02)
Mangrove Announces Increase of Purchase Price and Extension of Expiration Date of Tender Offer of Asta Funding, Inc.
PR Newswire - Fri Apr 15, 1:55PM CDT
Mangrove Partners ("Mangrove"
today announced that it has increased the offering price of its previously announced tender offer of 3,000,000 shares of Asta Funding, Inc. (NASDAQ: ASFI) (ASTA) from $9.00 to $9.50, net to the seller in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in Mangrove's original offer to purchase filed with the SEC on March 22, 2016, and a supplement to the original offer to purchase and the related amended letter of transmittal, each to be filed with the SEC today. In connection with the increased purchase price, Mangrove has extended the expiration of the tender offer to 5:00 p.m. New York City time on Monday, May 9, 2016. The tender offer was originally scheduled to expire at 12:00 midnight, New York City time, on April 18, 2016. ASFI: 10.71 (-0.02)
Uptrend Call Working As Asta Funding Stock Rises 23.7% (ASFI)
Comtex SmarTrend(R) - Tue Apr 12, 12:21AM CDT
SmarTrend identified an Uptrend for Asta Funding (NASDAQ:ASFI) on March 3rd, 2016 at $8.11. In approximately 1 month, Asta Funding has returned 23.67% as of today's recent price of $10.03.
ASFI: 10.71 (-0.02)
Asta Funding, Inc. Announces Commencement of Tender Offer to Purchase Up to 3,000,000 Shares of Its Common Stock
GlobeNewswire - Mon Apr 11, 2:19PM CDT
Asta Funding, Inc. (NASDAQ:ASFI) ("Asta" or the "Company"
announced today the commencement of a modified "Dutch auction" self-tender offer to purchase for cash up to 3,000,000 shares of its common stock at a price per share not greater than $10.25 nor less than $9.50, less applicable withholding taxes and without interest. The NASDAQ closing price of Asta's common stock on April 8, 2016 was $10.00 per share. ASFI: 10.71 (-0.02)
Mangrove Announces Waiver of Condition of Tender Offer of Asta Funding, Inc.
PR Newswire - Tue Apr 05, 4:56PM CDT
Mangrove Partners ("Mangrove"
today announced that it has waived certain conditions to its previously announced tender offer related to the announcement by Asta Funding, Inc. (NASDAQ: ASFI) of a "Dutch Auction" tender offer for shares of its own Common Stock. Mangrove's tender offer for 3,000,000 shares of Asta Funding's common stock at a cash price equal to $9.00 net per share was made subject to certain conditions, including the Company has not authorized or proposed the acquisition or other reduction in the number of shares of its common stock or other securities. The announcement of the "Dutch Tender" has triggered such condition. Mangrove has determined to waive such condition, but will add the following condition to its tender offer: ASFI: 10.71 (-0.02)
Asta Funding, Inc.'s Board of Directors Rejects Unsolicited Tender Offer
GlobeNewswire - Thu Mar 31, 9:00PM CDT
Board Urges Shareholders Not to Tender Shares as Offer Significantly Undervalues Asta Funding, Inc. and Does Not Reflect the Value the Company will contribute to Shareholders
ASFI: 10.71 (-0.02)
