International Business News - ACF http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Automobile finance company AmeriCredit Corp. on Tuesday said it priced a $500 million offering of automobile receivables-backed securities. The offering will be made under AmeriCredit's automobile receivables trust platform, which mainly includes subprime automobile loan contracts, the company said. http://www.ibtimes.com/articles/20081007/americredit-prices-500m-offering.htm Tue, 07 Oct 2008 10:45:03 EDT AmeriCredit Corp. said Thursday it swung to a loss in its fiscal fourth-quarter as the automobile finance company booked charges related to two acquisitions and other restructuring efforts. The results fell short of Wall Street's expectations. http://www.ibtimes.com/articles/20080807/americredit-swings-to-4q-loss-on-charges.htm Thu, 07 Aug 2008 14:01:07 EDT Fitch said it affirmed the credit ratings of auto finance company AmeriCredit Corp. and removed them from its negative ratings watch now that a $2 billion financing agreement has closed. http://www.ibtimes.com/articles/20080613/fitch-takes-americredit-off-ratings-watch.htm Fri, 13 Jun 2008 09:49:51 EDT An executive vice president of auto finance company AmeriCredit Corp. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080528/americredit-evp-exercises-options.htm Wed, 28 May 2008 15:55:50 EDT The president of auto finance company AmeriCredit Corp. exercised options for 206,000 shares of common stock, according to Securities and Exchange Commission filings Tuesday. http://www.ibtimes.com/articles/20080528/americredit-president-berce-exercises-options.htm Wed, 28 May 2008 15:50:20 EDT Americredit Corp. found buyers for $750 million in car loans to people with bad credit, the auto lender said Tuesday. Americredit's business model is to issue car loans through dealers, then package the loans into bonds and sell the bonds to investors. http://www.ibtimes.com/articles/20080521/americredit-finds-buyers-for-750m-car-loans.htm Wed, 21 May 2008 00:15:38 EDT Shares of sub-prime auto lender AmeriCredit Corp. rose Friday, a day after the company said its fiscal third-quarter earnings beat analysts' expectations. http://www.ibtimes.com/articles/20080425/americredit-shares-rise-after-earnings-beat-estimates.htm Fri, 25 Apr 2008 19:11:45 EDT Among the earnings stories for Thursday, April 24, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080424/earnings-roundup-amgen-microsoft.htm Thu, 24 Apr 2008 18:57:00 EDT AmeriCredit Corp.'s profit plunged 63 percent in the fiscal third quarter as bad credit continued to eat into the car lender's portfolio of loans, the company said Thursday. http://www.ibtimes.com/articles/20080424/americredit-fiscal-3q-profit-tumbles-on-bad-loans.htm Thu, 24 Apr 2008 17:50:25 EDT Shares of AmeriCredit Corp. jumped Tuesday after the subprime auto lender released February credit data that showed seasonal improvement. Shares rose $1.80, or 16.1 percent, to close at $13. Shares have traded between $8.96 and $29.46 in the past 12 months. http://www.ibtimes.com/articles/20080311/credit-data-boosts-americredit-shares.htm Tue, 11 Mar 2008 18:51:40 EDT Among the stock activity stories for Tuesday, March 11, from AP Financial News: NEW YORK (AP) _ Shares of Cadbury Schweppes PLC rose Tuesday, helped by a Federal Reserve decision that boosted stocks throughout the market and news that the candy company will complete the spinoff of its U.S beverage business in May. http://www.ibtimes.com/articles/20080311/movers-roundup-cadbury-sunpower.htm Tue, 11 Mar 2008 14:26:58 EDT A group of shareholders, led by diversified holding company Leucadia National Corp., has boosted its stake in auto lender AmeriCredit Corp. to 22.4 percent, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080208/leucadia-boosts-americredit-stake.htm Fri, 08 Feb 2008 08:38:20 EST Car finance company AmeriCredit Corp. on Tuesday slashed its fiscal-year earnings forecast after it reported it unexpectedly swung to a second-quarter loss. http://www.ibtimes.com/articles/20080122/americredit-slashes-fiscal-2008-outlook.htm Tue, 22 Jan 2008 17:12:39 EST Car finance company AmeriCredit Corp. shares closed higher Monday after falling sharply during midday trading. An investment bank had downgraded the stock, saying an increase in delinquent loans amid a worsening economy might deliver losses. http://www.ibtimes.com/articles/20080114/americredit-downgraded-shares-recover.htm Mon, 14 Jan 2008 19:51:57 EST Car finance company AmeriCredit Corp. shares fell sharply Monday after an investment bank downgraded the stock, saying an increase in delinquent loans amid a worsening economy might deliver losses. http://www.ibtimes.com/articles/20080114/americredit-downgraded-shares-plunge.htm Mon, 14 Jan 2008 12:02:42 EST