
Cash America International Inc.how to free credit report Boise , a pawn shop operator and payday lender, said its first-quarter earnings will be higher than previously expected due to better revenue growth and lower-than-expected loan losses. Fort Worth-based Cash America (NYSE: CSH) said earnings for the quarter ended March 31 will likely reach 80 cents to 82 cents a share, rather than its previous forecast of how to free credit report Boise 70 cents to 75 cents a share. The company earned 63 cents a share in the year-ago quarter. Analysts surveyed by Thomson Financial estimated earnings of 72 cents a share. The company plans to release its first-quarter results on April 24. Cash America has 942 locations in the United States and also offers short-term cash advances over the Internet in 32 states and in the United Kingdom. CapitalSource, a lender and investment manager based in Chevy Chase, Md., in May agreed to buy TierOne Corp.
The company, which manages $20.9 billion in investments, wanted to buy the Nebraska-based bank for its deposits.
Each side claimed responsibility for squashing the agreement. Regardless of who killed the deal, Friedman Billings Ramsey analyst Scott Valentin said it is good news for CapitalSource. check your credit Any how to free credit report Boise benefit the company would have enjoyed how to free credit report Boise from the bank's $2.4 billion in deposits would have been more than outpaced by the deteriorating credit quality of the bank's loan portfolio, he said.
Of TierOne's $3.34 billion loan portfolio, more than $1 billion are real estate loans, mainly loans to builders and developers. These loans have suffered a devastating decay in quality because of flagging property values. The bank squirreled away $68 million to cover bad loans last year, a fivefold increase from 2006 and 2005 combined. CapitalSource's stock jumped $1.15, or 11.2 percent, to close at $11.38 Monday. EmployeeScreen University
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