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Zacks News
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.
Discover Financial (DFS) Ties Up to Boost Global Acceptance
by Zacks Equity Research
Discover Financial (DFS) partners with SIBS MB to provide customers with more payment choices and gain a broader global reach.
Zacks Industry Outlook Highlights: Discover Financial, Credit Acceptance and Navient Corp
by Zacks Equity Research
Zacks Industry Outlook Highlights: Discover Financial, Credit Acceptance and Navient Corp
Top 3 Stocks to Buy From the Prospering Consumer Loan Industry
by Swayta Shah
Low interest rates and inflation concerns hurt interest income of Zacks Consumer Loans industry players. Yet, easing of credit lending standards, robust asset quality and efforts to digitize operations support consumer loan providers like DFS, CACC and NAVI.
Credit Acceptance (CACC) Surges 3.1%: Is This an Indication of Further Gains?
by Zacks Equity Research
Credit Acceptance (CACC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Credit Acceptance (CACC): Strong Industry, Solid Earnings Estimate Revisions
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.
Credit Acceptance (CACC) Q1 Earnings Beat, Provisions Down Y/Y
by Zacks Equity Research
Credit Acceptance (CACC) witnesses a rise in revenues and higher expenses in the first quarter of 2021.