FBR Capital Remains Sidelined on Enova International (ENVA) Following New CFPB Payday Lending Rules
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After-Hours Stock Movers 06/06: (SRPT) (UNFI) (ZG) Higher; (DRYS) (MSTX) (ALXN) Lower (more...)
June 6, 2016 6:08 PM EDTToday's After-Hours Movers:
Sarepta Therapeutics (NASDAQ: SRPT) 26.7% HIGHER; announced that the FDA has requested that Sarepta provide dystrophin data, as measured by western blot, from biopsies already obtained from the ongoing confirmatory study of eteplirsen (PROMOVI), as part of its ongoing evaluation of the eteplirsen New Drug Application (NDA). The Company plans to submit data from thirteen patient biopsy samples, at baseline and Week 48, to the FDA over the coming weeks to facilitate a prompt decision on the NDA by the Agency.
DryShips (NASDAQ:... More
UPDATE: Enova (ENVA) Says Revenue of CFPB-Covered Products Could Decline 30% - 40% Under Proposed Rule
June 6, 2016 5:58 PM EDT(Updated - June 7, 2016 11:04 AM EDT)
Enova International, Inc. (NYSE: ENVA) is down as 10% after-hours after the company announced that it has completed a preliminary assessment of the proposed rule regarding small-dollar loans issued on June 2nd by the Consumer Financial Protection Bureau (CFPB). As previously announced, the Company will hold an investor call to discuss the proposed rule today at 4:00 p.m. Central Time / 5:00 p.m. Eastern Time.
Enova has been a leader in online lending since 2004. In that time, it has originated more than $17.7 billion in loans and financing,... More
