First Cash Financial Services (FCFS) Tops Q1 EPS by 3c; Boosts FY16 Outlook

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Sterne Agee CRT Downgrades First Cash Financial (FCFS) to Neutral

April 28, 2016 12:58 PM EDT

Sterne Agee CRT downgraded First Cash Financial (NASDAQ: FCFS) from Buy to Neutral with a price target of $50 (unchanged).

For an analyst ratings summary and ratings history on First Cash Financial... More

First Cash Financial Services (FCFS) Declares $0.125 Quarterly Dividend; 1% Yield

April 28, 2016 6:38 AM EDT

First Cash Financial Services (NASDAQ: FCFS) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on June 15, 2016, to stockholders of record on June 1, 2016, with an ex-dividend date of May 27, 2016.

The annual yield on the dividend is 1... More

First Cash Financial Services (FCFS), Cash America (CSH) Enter $2.4B Merger Agreement

April 28, 2016 6:13 AM EDT

First Cash Financial Services, Inc. (NASDAQ: FCFS) and Cash America International, Inc. (NYSE: CSH) announced that they have entered into a definitive merger agreement under which the two companies will combine in a tax free, all-stock transaction. The pro-forma market value of equity of the transaction is valued at approximately $2.4 billion, based on the current shares outstanding and the closing stock price on April 27, 2016 for both companies.

The combined company, to be named FirstCash, will have one of the largest retail pawn store footprints in Latin America... More