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NORFOLK, Va. , July 17, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2020 results after market close on Thursday, Aug. 6, 2020 , followed by a webcast and conference call at 5...
NORFOLK, Va. , July 1, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that Brett Paschke was appointed to the Company's Board of Directors effective July 1, 2020. Paschke, who ...
The Federal Reserve's financial stress test results increase risk of credit tightening and dividend cuts, and that should make most investors uneasy about buying banks. Fiscal and monetary policy could ease the burden of rising delinquency and default rates resulting from job losses and slower...
On June 6, I warned of growing risk of a 5% pullback because the percentage of stocks trading more than 5% above their 200-day moving average had significantly increased to nearly 40%. A 7% retreat in the SPDR S&P 500 Trust ETF ( SPY ) between June 8 and June 11 has normalized this indic...
NORFOLK, Va. , June 16, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Geir Olsen resigned from the board of directors effective June 14, 2020 in order to focus on other business obligatio...
Thesis The other day we wrote about a private prison stock and suggested that sector may contain the most hated and distasteful type of investable companies. We spoke too soon. That honor may actually go to debt collection companies. Can you think of anyone who likes what debt collectors d...
Last week, I wrote how risk of a 5% pullback was rising, and this week, uncertainty remains high enough to suggest selling rallies in sectors with demand headwinds so that cash can be used to buy better businesses where demand tailwinds are strongest. My caution stemmed from a surge in our...
PRA Group (NASDAQ: PRAA ) announces +6% Y/Y in global cash collections, +27% ahead of the COVID adjusted expected cash collections. More news on: PRA Group, Inc., Financial stocks news, Read more ...
NORFOLK, Va. , June 9, 2020 /PRNewswire/ -- PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, provided an update on cash collections for the month of May and portfolio purchasing. Cash collections highlights for the month of May include: ...
For the first time since March, our favorite overbought/oversold indicator has shifted from risk reward favoring buyers to neutral. With nearly 30% of institutional quality stocks in our coverage trading 5% or more above their 200-day moving average ((DMA)), the risk of a 3% to 5% pullback in ...
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2024-07-19 06:08:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
PRA Group Celebrates 10 Years of Global Expansion Canada NewsWire NORFOLK, Va. , July 16, 2024 /CNW/ -- Today, PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, celebrates 10 years since acquiring Aktiv Kapital ...
PRA Group to Announce Second Quarter 2024 Results on August 5 PR Newswire NORFOLK, Va. , July 15, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2024 results af...