The financial services company is hoping to raise $149 million in a public offering set to debut on May 8th, 2012. The small but profitable lender will have a market cap of $261.1 million after the deal. The company initially set its price terms at $13 – $15 per share. Community Choice Financial is now pricing 10.7 million shares at a price of $1…Read the full story here.
- It's Groundhog Day for Oil as Another Selloff Wipes Out Stocks February 2, 2016It was Groundhog Day for commodity markets -- both literally and figuratively -- as oil traders relived the nightmare of yesterday's selloff. But unlike yesterday, crude oil took stocks along for the ride, with big losses across the market on Tuesday. The S&P 500 was down 1.9%, the Dow Jones Industrial Average slid 1.8%, or 300 points, and the Nasdaq […]
- Stocks Fight Back Against Crude's Dead Weight February 1, 2016Crude oil started February with another selloff, but this time, the stock market didn't follow suit. At least, not altogether While crude's 6% slide dragged down energy stocks, mild gains elsewhere helped ease the impact. The S&P 500 slipped 0.9%, rebounding from a steep decline earlier in the day, the Dow Jones Industrial Average fell 0.1%, and the Nasdaq gained 0.14%. The day's […]