<< Read Full Article

Alliance Data Systems' Charge-offs

Stock quotes in this article: ADS  

DALLAS (AP) — Alliance Data Systems Corp., which provides marketing and transaction services, said Monday that loan charge-offs among its private label credit segment totaled 10.2 percent in May.

The Dallas company said the loss rate, which measures loans written off as not being repaid to the average portfolio size for the month, moved higher because of seasonal trends.

Alliance Data Systems said it expects the loss rate to be in the high 9-percent range for the second quarter. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,405.83 1,102.35 2,190.86 34.82
Oil *
71.98
UP
68.78
UP
6.41
UP
7.13
UP
0.59
10 Yr
3.48%
SPDR Gold
110.82
+0.67%
+0.58%
+0.33%
+1.72%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services