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Auto loan company Credit Acceptance Corp. ( NASDAQ: CACC ) fell 3.5% amid a new best idea short call at Hedgeye. "Today, the rate of change for loan originations has slowed, delinquencies are beginning to rise, and dealers have turned their attention towards prime and ...
Summary CACC Manages loans made to $40,000+ cost new-car buyers from franchised auto dealers. Here are prior investment market outcomes of same-as-today’s stock price-range forecasts being made by institutional investors. Outcomes measured by odds for investment profita...
Southfield, Michigan, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been honored by Great Place to Work a...
A hefty chunk of the top five biggest financial losers (with market cap of over $2B) in the week ended August 19 were made up of popular fintech names, while a number of insurers saw some bullish price action. Cryptocurrency miner HIVE Blockchain ( NASDAQ: HIVE ) -25.9% ...
Giverny Capital Asset Management, LLC is a partnership between Giverny Capital of Montreal and David Poppe, the former president and chief executive officer of Ruane, Cunniff & Goldfarb, LLC. For the second quarter of 2022, Giverny Capital Asset Management’s model portfolio...
Southfield, Michigan, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announces with great sadness the passing o...
Credit Acceptance ( NASDAQ: CACC ) said Friday it extended its $500M asset-backed non-recourse secured financing by 3 years. The financing will now cease to revolve on Aug. 15, 2025. The amendment also increased the interest rate under the financing from 3.13% to 5.15%...
Southfield, Michigan, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Credi t Acceptance Corporation (Nasdaq : CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have ext...
William von Mueffling's 13F portfolio value decreased this quarter from $14.01B to $11.98B. Cantillon increased Microsoft, BlackRock, Interactive Brokers, and Endeavor Group Holdings during the quarter. They also added Adobe Systems and Hayward Holdings. The portfolio continues to...
Credit Acceptance Corporation ( CACC ) is trading ~9% lower after posting Q2 results, a trend also noticed among other auto lending stocks such as Ally Financial ( ALLY ) and OneMain Holdings ( OMF ). Ally Financial shares had dropped by ~5% after its Q2 earnings mis...
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Southfield, Michigan , July 26, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news ...
Southfield, Michigan, July 22, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best Workplaces for Mi...
Southfield, Michigan , July 15, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Top Workplace in the Financial...