Fitch Assigns Ratings to OneMain Financial Holdings, LLC
BusinessWire - Fri Dec 04, 4:33PM CST
Fitch Ratings has assigned a long-term Issuer Default Rating (IDR) of 'B-' to OneMain Financial Holdings, LLC (OneMain) and a 'B/RR3' rating to OneMain's existing senior unsecured debt. The Rating Outlook is Stable.
LEAF: 48.68 (-0.46), OMF: 30.35 (+0.29)
Bank Stock Roundup: Litigations and Restructuring Continue, Regions in Focus
Zacks Equity Research - Zacks Investment Research - Fri Nov 20, 4:00PM CST
Banks' efforts to resolve legacy issues and restructure business activities have regained investor confidence in the past five trading days. Amid ongoing pressure on revenues, the strategy of streamlining operations and focusing on core businesses has been the driving factor.
FITB: 20.10 (+0.06), RF: 9.93 (+0.08), COF: 71.64 (+0.56), JPM: 67.49 (+0.28), USB: 44.16 (+0.13), C: 47.51 (+0.15), LEAF: 48.68 (-0.46), BAC: 16.00 (+0.02), RBS: 5.46 (+0.10)
Springleaf Holdings closing acquisition of OneMain for about USD4.49bn cash and ticker symbol change
M2 - Tue Nov 17, 4:37AM CST
Springleaf Holdings Inc (NYSE:LEAF) disclosed on Tuesday that it closed its acquisition of OneMain Financial Holdings LLC from CitiFinancial Credit Company, for about USD4.49bn cash, on 15 November 2015.
LEAF: 48.68 (-0.46)
Fitch Downgrades Springleaf to 'B-' Following Completion of OneMain Acquisition
BusinessWire - Mon Nov 16, 4:46PM CST
Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) of Springleaf Holdings Inc. (SHI) and Springleaf Finance Corporation (SFC) to 'B-' from 'B' and downgraded SFC's senior unsecured debt rating to 'B-/RR4' from 'B/RR4'. The ratings have been removed from Rating Watch Negative, and Fitch has assigned Stable Rating Outlooks to SHI and SFC. A full list of ratings actions follows at the end of this press release.
LEAF: 48.68 (-0.46)
Springleaf Holdings Announces Closing of OneMain Acquisition and Ticker Symbol Change
BusinessWire - Mon Nov 16, 3:53PM CST
Springleaf Holdings, Inc. (NYSE: LEAF) announced today that, on Sunday, November 15, 2015, it closed its previously announced acquisition of OneMain Financial Holdings, LLC from CitiFinancial Credit Company [for approximately $4.49 billion in cash], and has changed its corporate name from Springleaf Holdings, Inc. to OneMain Holdings, Inc. OneMain Holdings, Inc. expects to begin trading on the New York Stock Exchange under the ticker symbol "OMF" at the start of trading Friday, November 27, 2015.
LEAF: 48.68 (-0.46)
Is Citigroup's (C) OneMain Sale Nearing Closure?
Zacks Equity Research - Zacks Investment Research - Mon Nov 16, 3:20PM CST
Citigroup Inc.'s (C) deal to sell its subprime lending unit - OneMain Financial Holdings, LLC - to Springleaf Holdings, Inc. might close soon.
ACAS: 17.05 (+0.13), NYCB: 15.36 (+0.28), C: 47.51 (+0.15), LEAF: 48.68 (-0.46)
Citi Announces Closing of OneMain Transaction
BusinessWire - Mon Nov 16, 8:00AM CST
Citigroup today announced the closing of the previously announced sale of OneMain Financial Holdings, Inc. to Springleaf Holdings (NYSE:LEAF).
C: 47.51 (+0.15), LEAF: 48.68 (-0.46)
Springleaf Holdings Reaches Settlement with the U.S. Department of Justice;Clears Way for Acquisition of OneMain Financial
BusinessWire - Fri Nov 13, 9:32AM CST
Springleaf Holdings, Inc. (NYSE:LEAF), a leading personal finance company providing loan products to customers nationwide, today announced that it has reached a settlement with the U.S. Department of Justice (DOJ) and the state Attorneys General of seven states that will allow the company to proceed with closing its previously announced acquisition of OneMain Financial Holdings, LLC. The details of the settlement have been filed with the U.S. District Court, Washington, D.C., whose approval of a stipulated asset preservation order is required prior to closing. The company anticipates obtaining that approval shortly and proceeding with closing immediately thereafter.
LEAF: 48.68 (-0.46)
Springleaf reports 3Q loss
Automated Insights - Mon Nov 09, 6:15PM CST
EVANSVILLE, Ind. (AP) _ Springleaf Holdings Inc. (LEAF) on Monday reported a third-quarter loss of $11 million, after reporting a profit in the same period a year earlier.
LEAF: 48.68 (-0.46)
Springleaf Reports Third Quarter 2015 Results
BusinessWire - Mon Nov 09, 3:15PM CST
Springleaf Holdings, Inc. (NYSE: LEAF) today reported a GAAP basis net loss of $11 million, or $0.08 per diluted share for the third quarter of 2015, compared with net income of $427 million or $3.70 per diluted share in the third quarter of 2014, which included a pretax gain of $641 million on the sale of real estate assets.
LEAF: 48.68 (-0.46)
Springleaf Holdings Announces Third Quarter 2015 Earnings Release and Conference Call
BusinessWire - Thu Oct 29, 3:30PM CDT
Springleaf Holdings, Inc. (NYSE: LEAF) plans to report its third quarter 2015 results after the market closes on Monday, November, 9 2015. The earnings release will be available on Springleaf's corporate website at http://investor.springleaffinancial.com.
LEAF: 48.68 (-0.46)
Fortress Reports Third Quarter 2015 Results and Announces Dividend of $0.08 per Share
BusinessWire - Thu Oct 29, 6:00AM CDT
Fortress Investment Group LLC (NYSE:FIG) ("Fortress" or the "Company"
FIG: 5.05 (+0.08), NSM: 16.18 (+0.11), LEAF: 48.68 (-0.46), FTAI: 12.21 (+0.19)
CIT Announces Departure of CFO Scott Parker
BusinessWire - Mon Oct 19, 3:35PM CDT
CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services, today announced that Scott T. Parker, Executive Vice President and Chief Financial Officer, will leave the Company in November to serve as Executive Vice President and Chief Financial Officer of Springleaf Holdings, Inc. (NYSE: LEAF).
LEAF: 48.68 (-0.46), CIT: 36.38 (+0.10)
Springleaf Holdings Names Scott T. Parker Executive Vice President and Chief Financial Officer
BusinessWire - Mon Oct 19, 3:30PM CDT
Springleaf Holdings, Inc. (NYSE:LEAF), a leading consumer finance company providing loan products to customers nationwide, today announced that Scott T. Parker will join the company on or prior to November 15, 2015 as Executive Vice President. He will assume the title of Chief Financial Officer of Springleaf Holdings, Inc. ("Holdings"
LEAF: 48.68 (-0.46), CIT: 36.38 (+0.10)
Springleaf Financial Presents Michael's Day at the North Carolina State Fair
BusinessWire - Mon Oct 19, 3:00PM CDT
Springleaf Holdings, Inc. (NYSE: LEAF), a leading consumer finance company providing loan products to customers nationwide, today announced it is the presenting sponsor of the first annual Michael's Day at the North Carolina State Fair in Raleigh.
LEAF: 48.68 (-0.46)
Encore to Widen International Presence with Baycorp Buyout
Zacks Equity Research - Zacks Investment Research - Tue Sep 29, 3:10PM CDT
Encore Capital Group (ECPG) has agreed to take over a majority stake in Australasia-based Baycorp.
ECPG: 22.02 (+0.46), LEAF: 48.68 (-0.46), RM: 21.87 (+0.21), CSH: 42.20 (-1.33)
What Dragged Discover Financial (DFS) to a 52-Week Low?
Zacks Equity Research - Zacks Investment Research - Fri Sep 25, 2:45PM CDT
Discover Financial (DFS) hit a 52 week low on rising expense and earnings drag in payment service segment.
DFS: 60.02 (+0.42), V: 82.00 (+0.70), LEAF: 48.68 (-0.46), RM: 21.87 (+0.21)
New Strong Buy Stocks for September 25th
Zacks Equity Research - Zacks Investment Research - Fri Sep 25, 8:30AM CDT
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
TAOM: 3.70 (+0.06), DAL: 37.17 (+0.35), LEAF: 48.68 (-0.46), CTXS: 86.98 (-0.30), CYBX: 69.95 (+0.86)
Citigroup Anticipates Q3 Trading Revenues to Slump 5% Y/Y
Zacks Equity Research - Zacks Investment Research - Thu Sep 17, 9:30AM CDT
At the Barclays Global Financial Services Conference in New York on Wednesday, Citigroup Inc.'s (C) Chief Financial Officer - John Gerspach came up with its latest outlook. The bank expects third-quarter 2015 trading revenue to drop by 5% year over year, impacted by elevated volatility.
USB: 44.16 (+0.13), C: 47.51 (+0.15), LEAF: 48.68 (-0.46), WFC: 50.55 (+0.12)
Springleaf Financial Announces Launch of Springleaf Rewards
BusinessWire - Thu Aug 20, 11:00AM CDT
Springleaf Holdings, Inc. (NYSE: LEAF), a leading consumer finance company providing loan products to customers nationwide, today announced the launch of Springleaf Rewards, a unique digital loyalty program that is designed to encourage credit education. The program rewards customers for a range of activities, such as consistently paying their bills on-time, taking free online credit education and budgeting tutorials, and monitoring their credit scores on a regular basis. Unlike traditional rewards programs, Springleaf Rewards allows members to accrue points for doing things that are good for their financial health and does not require the customer to spend money.
LEAF: 48.68 (-0.46)