Consumer Finance

American Airlines, a wholly-owned subsidiary of AMR Corporation (NYSE: AMR), and American Express Global Business Travel, a division of American Express Travel Related Services Company, Inc., announced today that the companies have agreed in principle to explore a long-term arrangement for the...

Shares of Cardtronics (NASDAQ: CATM) are higher on the session by 0.53%, currently trading at $22.75. The stock has been moving largely higher over the past six months and is currently above below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

White River Capital, Inc. (NYSE: RVR) today announced that its Board of Directors has approved a new program to repurchase, from time to time and subject to market conditions, up to 250,000 shares of White River's outstanding common stock, without par value, on the open market or in privately...

Citi is maintaining its Buy rating, along with its $66 price target on Capital One Financial (NYSE: COF) in light of the company's recent acquisition of HSBC. In its report, Citi states, “COF announced the acquisition of HSBC's $30B US card portfolio for a premium of $2.6B, or 8.75%. COF expects...

Bank of America Merrill Lynch is out with a research report on Capital One Financial Corp. (NYSE: COF) after it bought a credit card portfolio from HSBC (NYSE: HBC). It has a Buy rating and a $63 price target on shares. In a note to clients, Bank of America Merrill Lynch writes, "Capital One...

One of those dream-come-true stories. Business Insider has published an interesting profile on Brittany Laughlin, the 25-year-old founder of Gtrot, a fresh startup that allows its users to share their travel plans, connect with friends and collect advice while scoring deals from sites like Groupon...

The Walt Disney Co. (NYSE: DIS) said yesterday that net income rose 11 percent with help from ESPN, its theme parks and consumer products businesses. Shares are down 8% today. I guess it's a little smaller world after all. Harry Reid (D-NV) named three Democratic senators to the "super...

This is your Benzinga news summary and traders' outlook for Wednesday, August 10, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders take profits after a 400 point rally in the Dow...

El Paso Corporation (NYSE: EP) rose 42.32% to $25.96 in the pre-market session. EP reported a 78% rise in its Q2 net income. Capital One Financial Corp (NYSE: COF) added 9.88% to $44.80 in the pre-market session. COF announced its plans to buy the US credit-card arm of HSBC Holdings PLC for a...

Capital One Financial (NYSE: COF), one of the largest U.S. credit issuers, will pay $2.6 billion to acquire HSBC's (NYSE: HBC) U.S. credit card business. The move comes as part of plans by HSBC, Europe's largest bank, to raise cash. The company recently announced it will trim its workforce by 30,...

Regions Financial Corporation (NYSE: RF) rose 6.58% to $4.70 in the pre-market session. RF's trailing-twelve-month revenue is $4.37 billion. American Express Company (NYSE: AXP) added 5.90% to $45.58 in the pre-market session. AXP's PEG ratio is 1.12. CSX Corporation (NYSE: CSX) moved up 5.88% to...

This is your Benzinga news summary and traders' outlook for Tuesday, August 9, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for another volatile morning as traders wait for the Federal Reserve's...

Shares of SLM (NYSE: SLM) are lower on the session by 14.31%, trading at $12.04. Overall put volume is now running at 7.84x the daily average, with 83% of all puts traded being purchases on the offer. 9,537 contracts have traded on the session so far. SLM Corporation, known as Sallie Mae, is a...

Consumer Portfolio Services, Inc. (Nasdaq: CPSS) today announced that it has entered into an agreement with Fireside Bank to purchase a $237 million portfolio of performing automobile receivables. Fireside Bank is a wholly owned subsidiary of Unitrin, Inc. A subsidiary of CPS is to acquire and...

Advance America, Cash Advance Centers, Inc. (NYSE: AEA), announced today that it has entered into an agreement with CompuCredit Holdings Corporation to purchase substantially all of the assets of CompuCredit's retail storefront consumer finance business for a total consideration of approximately $...