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Fly News Breaks for August 11, 2015
WRLD
Aug 11, 2015 | 07:52 EDT
Janney Capital downgraded World Acceptance to Neutral due to the receipt of a Notice and Opportunity to Respond and Advise, or NORA, letter from the CFPB, which indicates that the agency is "considering" legal action against the company. The firm said this latest action changes the dialogue from an inquiry to an accusation of wrongdoing and reduced its price target to $38 from $96.
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