Consumer Finance

Key Takeaways: JD.com is reportedly close to buying Home Credit Consumer Finance, China’s first wholly foreign-owned consumer finance company that has been struggling recently The deal could help JD.com round out its financial services offerings but also brings various risks, including...

An analyst upgraded Bread Financial Holdings Inc (NYSE:BFH) and Synchrony Financial (NYSE:SYF) following improving credit conditions and the delay of a Consumer Financial Protection Bureau (CFPB) late fee rule. The Bread and Synchrony Analyst: Bank of America analyst Mihir Bhatia released a Friday...

Auto finance company and one of the best workplaces for women, Credit Acceptance Corp (NASDAQ:CACC) will be reporting its third-quarter earnings, after market close on Oct 30. Analysts of the stock aren’t currently very positive on its outlook and will be closely watching key metrics...

Fox Corp (NASDAQ: FOXA) confirmed over the weekend that it bought a majority stake in a consumer finance marketplace to better connect with consumers. What Happened Fox reached an agreement to buy a 67% stake in San-Francisco based and Australian-listed Credible Labs for $265 million. The company...

BMO Capital's James Fotheringham argued consumer finance stocks were among the most undervalued sectors since the United Kingdom voted for its independence. "Post-Brexit, domestic consumer lenders are our favored stocks within our coverage universe of U.S. Large-cap Banks and Specialty Finance...

After the close Wednesday, American Express Company (NYSE: AXP) and Discover Financial Services (NYSE: DFS) submitted their Comprehensive Capital Analysis and Review (CCAR). Santander Consumer USA Holdings Inc (NYSE: SC) failed the qualitative test Wednesday. Barclay's Mark DeVries commented on the...

On Thursday, David Ho at Deutsche Bank gave his Consumer Finance Outlook highlighting Discover Financial Services (NYSE: DFS), Capital One Financial Corp. (NYSE: COF) and Synchrony Financial (NYSE: SYF). Deutsche Bank upgraded Discover to Buy with a $64 price target, downgraded Capital One to Hold...