Company Shares of EZCORP, Inc. (NASDAQ:EZPW) Drops by -4.11%

September 4th, 2015 by Admin

Currently the company Insiders own 7.84% of EZCORP, Inc. Company shares. In the past six months, there is a change of 0% in the total insider ownership. Institutional Investors own 92% of Company shares. During last 3 month period, -1.13% of total institutional ownership has changed in the company shares.

EZCORP, Inc. (NASDAQ:EZPW): 4 analysts have set the short term price target of EZCORP, Inc. (NASDAQ:EZPW) at $8.25. The standard deviation of short term price target has been estimated at $1.89, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 11 and $7 respectively.

EZCORP, Inc. is engaged in delivering instant cash...

EZCORP, Inc. Analyst Rating Update

September 3rd, 2015 by Admin

EZCORP, Inc. (NASDAQ:EZPW) : On Monday heightened volatility was witnessed in EZCORP, Inc. (NASDAQ:EZPW) which led to swings in the share price. The shares opened for trading at $5.84 and hit $6.34 on the upside , eventually ending the session at $6.32, with a gain of 8.4% or 0.49 points. The heightened volatility saw the trading volume jump to 399,698 shares. The 52-week high of the share price is $12.35 and the company has a market cap of $328 million. The 52-week low of the share price is at $5.29 .

EZCORP, Inc. is engaged in delivering instant cash solutions to customers across channels, products, services and markets. The Company offers customers multiple ways to access instant...

Good auto loan trends keep rolling

September 2nd, 2015 by Admin

Outstanding auto credit in the US, fast approaching $1 trillion, continues to perform well, according to the latest TransUnion study of car lending trends.

The credit reporting firm announced that the delinquency rate on auto loans–the ratio of borrowers who are 60 or more days past-due–fell to the lowest level in two years in the second quarter of 2015. The auto loan delinquency rate dropped to 0.95%, from 0.98% in the second quarter of 2014. This level was lowest since 2013’s second quarter, when delinquencies fell to 0.86%.

Opposite ends of the spectrum

Subprime borrowers, while understandably reporting higher delinquency rates, also showed improvement....

Having poor credit raises costs for homeowners’ policy

September 2nd, 2015 by Admin

Ohio homeowners with lousy credit are paying a steep price for homeowners insurance.

The typical homeowner in Ohio with a poor credit score pays 185 percent more for homeowners
insurance than a homeowner with an excellent credit score, according to an
insuranceQuotes.com study released on Monday.

That’s the third-highest difference in the country, trailing only West Virginia and Washington,
DC The national average is 100 percent.

That means an Ohio homeowner with poor credit will pay $2,057 a year for insurance compared with
$721 for a homeowner with good credit.

Even having only average credit can hurt. Nationally, homeowners with average...

ACT Holdings, Inc. Recognized on List of America’s Fastest Growing Private …

September 1st, 2015 by Admin

Account Control Technology Holdings, Inc. was recently recognized by Inc. magazine as one of America’s 5,000 fastest-growing private companies for the ninth consecutive year. This year, ACT Holdings–which includes ACA International member company Account Control Technology, Inc. –ranks No. 917 on the Inc. 5,000 list for achieving 490 percent growth from 2011 to 2014.

The list represents a comprehensive look at America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow and many other well-known names gained early exposure as members of the Inc. 5,000.

“It’s an honor to be counted...

Stocks on the Move: SolarCity Corp (NASDAQ:SCTY), EnteroMedics Inc (NASDAQ …

September 1st, 2015 by Admin

CorEnergy Infrastructure Trust declared that it has named Jeff Teeven as Vice President of Finance. In addition, Lesley Robertshaw has joined CorEnergy as Manager of Investor Relations and Natalie Hill has joined as Assistant Corporate Secretary and Paralegal, adding strength to the Company’s Corporate Finance and Governance team.

Mr. Teeven has more than 20 years of experience in private equity administration and mergers and acquisitions. He joined CorEnergy in October 2014 and was named Vice President of Finance. In this role, Mr. Teeven will lead the Corporate Finance team and manage the firm’s communications with key external relationships counting institutional investors,...

Moody’s downgrades Parker’s notes to B2, affirms B1 CFR

August 31st, 2015 by Admin

New York, August 26, 2015 — Moodys Investors Service (Moodys) downgraded
Parker Drilling Companys (Parker) senior unsecured notes rating to B2
from B1 and changed its rating outlook to negative from stable.
Concurrently, Moodys affirmed Parkers B1 Corporate Family Rating
(CFR) and B1-PD Probability of Default Rating (PDR), and
changed its Speculative Grade Liquidity Rating to SGL-2 from SGL-1.

These actions reflect our view that Parkers earnings and cash flows
will remain weak through 2016 and leverage will rise significantly above
the companys historical levels, said Sajjad Alam,
Moodys Assistant Vice President. Parkers...

S&P Downgrades Wesco Aircraft (WAIR) to ‘B+’; Poor Earnings Tighten Leverage …

August 31st, 2015 by Admin

Standard Poors Ratings Services said that it has lowered its corporate credit rating on Wesco Aircraft Holdings Inc. (Wesco)(NYSE: WAIR) to B+ from BB-. The outlook is stable.

At the same time, we lowered our issue-level rating on Wesco Aircraft Hardware Corp.s (a subsidiary of Wesco Aircraft Holdings Inc.) secured credit facility to B+ from BB-. The 3 recovery rating on the facility is unchanged, reflecting our expectation that lenders would receive meaningful recovery (50%-70%; lower half of the range) in a default scenario.

Our downgrade of Wesco reflects the companys very tight compliance with the leverage covenants on its revolving credit facility and term loan A because...

401(k) Fund Spotlight: Eaton Vance Floating Rate Advantage Fund

August 30th, 2015 by Admin

I select funds on behalf of my investment advisory clients in many different defined contribution plans, namely 401(k)s and 403(b)s. I have looked at a lot of different funds over the years. 401(k) Fund Spotlight is an article series that focuses on one particular fund at a time that is widely offered to Americans in their 401(k) plans. 401(k)s are now the foundational retirement savings vehicle for many Americans. They should be maximized to the fullest extent. A detailed understanding of fund options is a worthwhile endeavor.

To get the most out of this article it is helpful to understand my approach to investing in 401(k)s.

I strive to write these articles for the benefit...

Fitch Affirms Boca Raton, FL’s GO Bonds at ‘AAA’; Outlook Stable

August 29th, 2015 by Admin

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the following ratings of the city of Boca
Raton, Florida (the city):

–$19 million outstanding general obligation (GO) bonds at AAA;

–$10 million outstanding (Visions 90 Project) special assessment
improvement bonds at AA+.

The Rating Outlook is Stable.

SECURITY

The GO bonds are secured by the citys full faith, credit and taxing
power and are payable from unlimited ad valorem taxes levied on all
taxable property in the city.

The special assessment bonds are secured...