First Cash Financial Services, Inc. (NASDAQ:FCFS) announced that it has priced a private offering of $200 million of its 6.75% Senior Notes due 2021 (the “Notes”) at an issue price of 100% of principal amount. The offering is expected to close on March 24, 2014. First Cash intends to use the net proceeds from the sale of the Notes in connection with the repayment of all amounts outstanding under its revolving credit facility, to pay certain other indebtedness in full and for general corporate purposes. First Cash Financial Services, Inc. (NASDAQ:FCFS) shares after opening at $52.90 moved to $52.90 on last trade day and at the end of the day closed at $49.47. Company price to sales ratio in past twelve months was calculated as 2.17 and price to cash ratio as 20.27. First Cash Financial Services, Inc. (NASDAQ:FCFS) showed a negative weekly performance of -8.39%.
PPenny Mac Financial Services Inc(NYSE:PFSI) said the Fidelity Investments Charitable Gift Fund is planning to sell 5.55 million shares in a secondary offering of the company’s common stock. Penny Mac Financial Services Inc(NYSE:PFSI) shares fell -6.26% in last trading session and ended the day on $17.21. PFSI return on equity ratio is recorded as 9.40% and its return on assets is 1.20%.
The First Marblehead Corporation (NYSE:FMD) announced its financial and operating results for the second quarter of fiscal 2014 as well as the six month period ended December 31, 2013. The First Marblehead Corporation (NYSE:FMD) shares moved down -5.74% in last trading session and was closed at $6.90, while trading in range of $6.84 – 7.49 . The First Marblehead Corporation (NYSE:FMD) year to date (YTD) performance is -6.63%.
Affirmative Insurance Holdings, Inc. (OTCMKTS:AFFM), an indirectly held, wholly-owned subsidiary of Affirmative Insurance Holdings, Inc. (Company), agreed to legally-binding terms for quota share reinsurance for a twelve-month term commencing on December 31, 2013 (QS Terms) with a total of three reinsurers. Affirmative Insurance Holdings, Inc. (OTCMKTS:AFFM) weekly performance is -13.56%. On last trading day company shares ended up $2.55. Affirmative Insurance Holdings, Inc. (OTCMKTS:AFFM) distance from 50-day simple moving average (SMA50) is -3.52%. Analysts mean target price for the company is $6.00.