Key Developments: Nicholas Financial Inc (NICK.O)
7.78USD
9 Feb 2010
$-0.06 (-0.77%)
$7.78
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$7.85
$7.78
8,682
10,110
$7.85
$1.64
Latest Key Developments
Nicholas Financial, Inc. Completes Credit Line Expansion From $115 To $140 Million
Nicholas Financial, Inc. announced that the Company has executed a new agreement with its consortium of lenders that increases the size of the Credit Line from $115 to $140 million. The contract extends the maturity date to November 30, 2011 and includes Wells Fargo Preferred Capital as a new participant in the Company's consortium of lenders. This amendment will be effective January 12, 2010. The pricing of the new agreement will be 300 basis points above 30-day Libor with a 1% floor on Libor.
Nicholas Financial, Inc. Declares Stock Dividend
Nicholas Financial, Inc. announced that its Board of Directors has declared a 10% stock dividend on the Company's outstanding shares of common stock payable in the form of one share for every 10 shares of common stock owned by a shareholder on December 7, 2009, to shareholders of record as of the close of business on November 20, 2009.
Nicholas Financial, Inc. Announces Opening of New Branch Office In Akron, Ohio
Nicholas Financial, Inc. announced the opening of a new branch office located in Akron, Ohio. The new location continues the Company's planned expansion of its branch office network, which now includes, 49 offices in Florida, Georgia, North Carolina, South Carolina, Virginia, Ohio, Michigan, Maryland, Kentucky, Indiana, Alabama and Tennessee.
Nicholas Financial, Inc. Announces Bank Credit Line Increase
Nicholas Financial, Inc. announced that the Company has executed an amendment to its Bank Credit Line that increases the size of the Credit Line from $110 million to $115 million, reduces the interest rate by 12.5 basis points and extends the maturity date to November 30, 2010. All other terms and conditions of the Company's Credit Line remain in effect.
Nicholas Financial, Inc. Announces Bank Credit Line Increase To $110 Million
Nicholas Financial, Inc. announced that it has executed amendment No. 8 to its credit line. This amendment increases the size of the credit line from $100 million to $110 million. All other terms and conditions of the credit line remain in effect.
Nicholas Financial, Inc. Announces the Opening of Two New Branch Offices
Nicholas Financial, Inc. announced the opening of two new branch offices located in White Marsh, a suburb of Baltimore, Maryland, and Port Richey, Florida.
Nicholas Financial, Inc. Announces Bank Credit Line Increase to $100 Million
Nicholas Financial, Inc. announced that it has executed Amendment No. seven to its credit line. This amendment increases the size of the credit line from $85 million to $100 million. All other terms and conditions of the Credit Line remain in effect.
Nicholas Financial, Inc. Announces the Opening of Two New Branch Offices
Nicholas Financial, Inc. announced the opening of two new branch offices located in Nicholasville, a suburb of Lexington, Kentucky, and Miami, Florida.
Nicholas Financial, Inc. Announces The Opening Of Three New Branch Offices
Nicholas Financial, Inc. announced that it has opened three new branch offices located in Glen Burnie, a suburb of Baltimore, Maryland; Garner, a suburb of Raleigh, North Carolina; and Louisville, Kentucky. The new locations continue the Company's planned expansion of its branch office network, which now includes, 40 offices in Florida, Georgia, North Carolina, South Carolina, Ohio, Michigan, Virginia, Kentucky, Indiana and Maryland. Each of the offices is a full-service lending and collection facility
Nicholas Financial, Inc. Announces The Opening Of A New Branch Office In Conyers, Georgia
Nicholas Financial, Inc. announced that it has opened a new branch office location in Conyers, Georgia.
America's Car-Mart profit beats estimates; shares surge
BANGALORE (Reuters) - Automotive retailer America's Car-Mart Inc posted better-than-expected quarterly results, helped by increased sales from better inventory and heavy investment in advertising, sending its shares up 18 percent to their new year-high.
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