financetom
Business
financetom
/
Business
/
Bread Financial Reports Higher Delinquency Rate in July
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bread Financial Reports Higher Delinquency Rate in July
Aug 15, 2024 5:40 AM

08:26 AM EDT, 08/15/2024 (MT Newswires) -- Bread Financial Holdings ( BFH ) on Thursday reported a July delinquency rate of 6.2%, compared with 5.7% a year earlier.

The net loss rate for the month ended July 31 was 8%, up from 7.4% a year earlier, the financial services company said.

Shares of Bread Financial ( BFH ) added 0.6% in recent pre-bell activity Thursday.

Price: 52.70, Change: +0.29, Percent Change: +0.55

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Linkers Industries Closes $7.6 Million IPO
Linkers Industries Closes $7.6 Million IPO
Dec 6, 2024
11:24 AM EST, 12/06/2024 (MT Newswires) -- Linkers Industries ( LNKS ) said Friday it closed the initial public offering of 1.9 million class A shares at $4 per share, for gross proceeds of $7.6 million. Underwriters were given a 45-day option to buy up to 285,000 more shares, the company said. The shares started trading on Nasdaq on Thursday,...
Update: Market Chatter: Nvidia Under Scrutiny by Europe Regulators for Bundling GPU, Networking Hardware
Update: Market Chatter: Nvidia Under Scrutiny by Europe Regulators for Bundling GPU, Networking Hardware
Dec 6, 2024
11:37 AM EST, 12/06/2024 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response in the sixth paragraph.) Nvidia's ( NVDA ) customers and rivals are being questioned by Europe's anti-monopoly watchdog about whether the chipmaker is bundling its products in a way that gives it an unfair advantage and strengthens its near-monopoly market position, Reuters reported Friday, citing people...
Two US Senators ask FTC to probe DraftKings, FanDuel, letter says
Two US Senators ask FTC to probe DraftKings, FanDuel, letter says
Dec 6, 2024
WASHINGTON, Dec 6 (Reuters) - Two U.S senators have asked the Federal Trade Commission to probe online betting platforms DraftKings ( DKNG ) and FanDuel over concerns about alleged coordination, according to a copy of the letter posted by one of the lawmakers on X on Friday. Shares of DraftKings ( DKNG ) were down 2.3%. ...
Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows
Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows
Dec 6, 2024
* Record-breaking sales reported * Amazon ( AMZN ) saw the strongest growth on Black Friday * Americans spent roughly $10.8 billion online on Black Friday * Shein, Temu also post strong results (Updates chart, details on stock moves) By Siddharth Cavale NEW YORK, Dec 6 (Reuters) - Walmart Inc ( WMT ), Amazon.com ( AMZN ) and fast-growing e-commerce...
Copyright 2023-2026 - www.financetom.com All Rights Reserved