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Provident Financial



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+Vote!

After Dubai

Sovereign default is basically the posh name for what happens when a country says it can no longer meet repayments for the 545% APR doorstep loan it took out from Provident Financial. But here’s the good bit; in these cases, the friendly neighbourhood bloodsuckers can’t exactly send round the bailiffs to take away the telly and the stereo. So what do they do? Hold a whip-round for...

+Vote!

After Dubai: outlook for sovereign default

SOVEREIGN default is basically the posh name for what happens when a country says it can no longer meet repayments for the 545% APR doorstep loan it took out from Provident Financial. But here’s the good bit; in these cases, the friendly neighbourhood bloodsuckers can’t exactly send round the bailiffs to take away the telly and the stereo. So what do they do? Hold a whipround for...

3Vote!

Offerings: Pre-Week Review

... (continued at http://www.financialwire.net/2009/11/30/microvision-prices-common-share-offering/ ). Provident Financial Holdings Announces Common Stock Offering: November 30, 2009 (FinancialWire) Provident Financial Holdings, Inc. (NASDAQ: PROV), the holding company for Provident Savings Bank, F.S.B. (Bank), has commenced a public offering of $40 million of its common stock in an underwritten...

3Vote!

Morning Movers 11/30: PEIX, CLRT, PROV, SOMX, OTIV Higher; HPOL, MELA Lower

... implicated in the spread of many cancers, including breast cancer. Click here for the full report. Provident Financial Holdings, Inc. (Nasdaq: PROV) 17.4% HIGHER; Friday announced that it has commenced a public offering of $40 million

4Vote!

Hyperion joins line of insurers that plan float

... John van Kuffeler as chairman in February to help oversee the process. He is also chairman of Provident Financial, the sub-prime doorstep lender. Among Hyperion's largest shareholders is the private equity group 3i, which holds a 26pc stake in the company. Investment group BP Marsh also holds 20pc with chief executive David Howden 17pc. The company employs more than 700 people in 17 countries....