CACC News and Press, Credit Acceptance Corporation From 06/22/22

Credit Acceptance (NASDAQ:CACC) has extended the maturity of its revolving secured line of credit facility with a commercial bank syndicate from June 22, 2024 to June 22, 2025. Prior to this amendment, the amount of the facility was set to decrease by $35M, however this amendment increased th...

Southfield, Michigan , June 22, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the...

Southfield, Michigan, June 16, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq : CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $350.0 milli...

Ruane, Cunniff, & Goldfarb’s 13F portfolio value decreased from $11.71B to $10.15B this quarter. The number of positions remained steady at 34. They increased Netflix while almost selling out Walt Disney. The top three positions are Alphabet, UnitedHealth, and Anthem an...

The Financials sector is dropping the most of S&P 500 industry sectors on Wednesday after JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon warned that an economic "hurricane" is approaching. The SPDR Financial Select Sector ETF (NYSEARCA:XLF) is down 2.4% approaching the noon hour (NY ...

Southfield, Michigan, May 23, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq : CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named as one of Metropoli...

Consumers with low credit scores are falling behind on paying off credit cards, personal and car loans, which may indicate that consumer delinquency patterns are nearing prepandemic levels. Soon after COVID-19 hit the U.S., Congress and the federal government implemented a massive relief effo...

Upstart Holdings took a tumble in response to a lowering of expectations for the current fiscal year. Upstart stock deserved to fall in response to weaker anticipated performance, but the pendulum might have swung too far. UPST stock now looks to be attractively priced and investo...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These three no-brainer stocks to buy in May have released their latest earnings and were a beat on both EPS and revenue Credit Acceptance ( CACC ): Providing financing programs to automobile dealers to sell vehicle...

Three of the week's five biggest gainers in the financial sector climbed in the double digits after stronger-than-expected earnings and one of the biggest declining stocks turned in strong Q1 results but fell after it agreed to a $13B acquisition. Topping the list of financial stocks, with ma...