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Zacks News
Buy These 3 Stocks With Momentum Anomaly for Higher Returns
by Zacks Equity Research
Continental Resources (CLR), Credit Acceptance (CACC), and Range Resources (RRC) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
4 Top Consumer Loan Stocks to Buy From a Booming Industry
by Swayta Shah
Low interest rates and weak consumer sentiments hurt the interest income of Zacks Consumer Loans industry players. Yet, robust asset quality and efforts to digitize operations will support consumer loan providers like COF, DFS, ALLY, and CACC.
Discover Financial (DFS) Expands College Payment Solutions
by Zacks Equity Research
Discover Financial (DFS) forms a relationship with Phood to provide various campus dining options to college students.
Citigroup (C) Appeals Court to Fix Revlon Blunder Worth $504M
by Zacks Equity Research
After sending Revlon creditors giant overpayment, Citigroup (C) appeals to the court to overturn the ruling that let lenders keep the money.
Navient (NAVI) to Exit From Federal Student Loan Servicing
by Zacks Equity Research
Navient (NAVI) will transfer the accounts of nearly six million federal student loan borrowers to Maximus, thereby ceasing the loan payment collections on behalf of the U.S. Department of Education.
Wells Fargo (WFC) to Pay $37.3M to Settle Forex Lawsuit
by Zacks Equity Research
Wells Fargo (WFC) agrees to pay $37 million after being accused of overcharging 771 businesses on foreign-exchange transactions.
Wells Fargo (WFC) Asset Cap to Stay Intact Till Issues Persist
by Zacks Equity Research
Federal Reserve Chair Jerome Powell said that Wells Fargo's (WFC) $1.95-bilion asset cap will stay in place until the company makes efforts to comprehensively correct its problems.
Mitsubishi (MUFG) U.S. Arm Gets OCC's Cease-and-Desist Order
by Zacks Equity Research
MUFG Union Bank NA, Mitsubishi UFJ's (MUFG) U.S. unit, served with a cease-and-desist order by the Office of the Comptroller of the Currency on unreliable technological deeds.
PRA Group (PRAA) Declares Pricing of Senior Notes Offering
by Zacks Equity Research
To boost financial flexibility, PRAA Group (PRAA) prices senior notes to procure funds and pay back its outstanding revolving borrowings under the North American Credit Agreement.
Top Ranked Momentum Stocks to Buy for September 15th
by Zacks Equity Research
CACC, UFPT, WST, and CASH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 15, 2021.
Wells Fargo's (WFC) Slow Remedial Efforts Irks US Senator
by Zacks Equity Research
U.S. Senator Elizabeth Warren has urged the central bank to separate Well Fargo's (WFC) traditional banking activities from its Wall Street operations.
Why Should You Hold PRA Group (PRAA) in Your Portfolio?
by Zacks Equity Research
Riding high on inorganic growth strategies and cash collections, PRA Group (PRAA) holds enough potential to reap benefits for investors.
Wells Fargo (WFC) Fined $250M by OCC, Winds Up 2016 CFPB Order
by Zacks Equity Research
While Wells Fargo (WFC) 2016 CFPB consent order related to a retail sales practice expires, a banking regulator levies a $250-million fine on the bank due to lacking mortgage loss mitigation efforts.
Boost Your Portfolio With These Top 3 Consumer Loan Stocks
by Zacks Equity Research
ALLY, WRLD and CACC seem tailor-made for the investment portfolio at a time when the consumer loan industry is reaping the fruits of economic recovery and the consumer turnaround in the market.
Credit Acceptance (CACC) Settles Auto-Loan Lawsuit, To Pay $27.2M
by Zacks Equity Research
Credit Acceptance (CACC) agrees to pay $27.2 million to settle the lawsuit filed by the Massachusetts Attorney General in August 2020 claiming that the company deceived auto-lending practices.
Increased Earnings Estimates Seen for Credit Acceptance (CACC): Can It Move Higher?
by Zacks Equity Research
Credit Acceptance (CACC) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
Why Credit Acceptance (CACC) Stock Might be a Great Pick
by Zacks Equity Research
Credit Acceptance (CACC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Santander Consumer (SC) to be Acquired by Santander Holdings
by Zacks Equity Research
Santander Consumer (SC) agrees to be taken over by its majority shareholder Santander Holdings.
Discover Financial (DFS) Up 170.8% in a Year: More Room to Run?
by Zacks Equity Research
Discover Financial's (DFS) growth in its Digital Banking and Payment Services businesses and strategic moves are likely to drive its shares.
AllianceBernstein (AB) Partners With LSV to Enhance Offerings
by Zacks Equity Research
AllianceBernstein (AB) announces a partnership with LSV to enhance its wealth offerings.
Ally Financial (ALLY) Partners With Home Insurance Provider Hippo
by Zacks Equity Research
Ally Financial (ALLY) agrees to back the home insurance policies provided by Hippo.
FS KKR Capital (FSK) Q2 Earnings Top Estimates, Costs Rise Y/Y
by Zacks Equity Research
FS KKR Capital (FSK) records a rise in total investment income and expenses in the second quarter of 2021.
Credit Acceptance (CACC) Q2 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Higher revenues and provision benefit support Credit Acceptance's (CACC) Q2 earnings.
Credit Acceptance (CACC) Q2 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Credit Acceptance (CACC) delivered earnings and revenue surprises of 70.44% and 3.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Credit Acceptance (CACC) to Report Q2 Results: Wall Street Expects Earnings Growth
by Zacks Equity Research
Credit Acceptance (CACC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.