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Fly News Breaks for May 11, 2015
PRAA
May 11, 2015 | 07:52 EDT
Macquarie downgraded PRA Group to Neutral and lowered its price target to $63 from $67. The firm sees reduced likelihood of industry consolidation among U.S. debt buyers as a catalyst for shares and lowered its valuation multiple.
News For PRAA From the Last 2 Days
PRAA
Apr 17, 2024 | 16:07 EDT
PRA Group has named Steve Macke as its global operations officer, effective April 29, following an external search. Macke joined Citi in 1991 as a collector and rose through the leadership ranks, having most recently served as managing director and global head of contact centers. Previously, he was managing director and global head of collections and default management, as well as managing director and global head of workforce management.