Rent-A-Center Inc (NASDAQ:RCII) plunged 22% after the provider of rental and rent-to-own furnishings reported that net income fell by 72% in its fourth quarter. A 1.1% drop in same-store sales held back overall revenue growth to just 2%, and cautionary guidance for 2014 pointed to the ongoing problems for Rent-A-Center’s cash-strapped customer base. Rent-A-Center Inc (NASDAQ:RCII) stock opened at $25.38 in last session, and closed at $24.30, while the day range of stock is $24.02 – $25.90. The stock showed a negative weekly performance of -22.83%.
Tile Shop Holdings Inc. (NASDAQ:TTS) was plunging 8.2% to $13.51 on Tuesday after the retailer fired CEO Robert Rucker’s brother-in-law, Fumitake Nishi, once an independent investigation discovered he had committed “multiple violations of the company’s business ethics policy,” according to its press release. Tile Shop Hldgs, Inc. (NASDAQ:TTS) stock opened at $13.46, in last session and closed at $13.74, by losing -6.66%. The 52 week range of the stock is $10.05 – $30.88. Company’s market capitalization is $753.56 million.
MagnaChip Semiconductor Corporation (NYSE: MX) announced that it is postponing its fourth quarter 2013 earnings release and investor conference call, previously scheduled for Tuesday, January 28, 2014, to provide additional time for the Company to complete its review of its financial results for the fourth quarter and full year 2013. Magnachip Semiconductor Corp (NYSE:MX) stock decreased -8.03% and finished the last session at $16.16. The EPS of the stock remained 4.54. Company’s market capitalization is $644.85 million.
EZCORP, Inc. (NASDAQ:EZPW) Tuesday reported first-quarter profit of $22.57 million or $0.42 per share, down from $30.72 million or $0.59 per share in the same period last year. EZCORP Inc (NASDAQ:EZPW) stock opened the session at $9.93, and closed the session at $9.35. The 52 week range of the stock remained $9.22 – $23.59 and the day range was $9.22 – $10.00.
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