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First Cash Financial Services, Inc. (Nasdaq:FCFS) Xtreme picks of the day!

Publication: M2 Presswire
Publication Date: 17-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-17 June 2009-xtremepicks.com: First Cash Financial Services, Inc. (Nasdaq:FCFS) Xtreme picks of the day!(C)1994-2009 M2 COMMUNICATIONS

RDATE:17062009

The team at Xtremepicks.com scans the US and Canadian markets looking for microcap companies which show promise and have unique niches and opportunities. We look at all sectors to provide investors with the best investment opportunities in search of the next multi-bagger. Join Now!

Today's news alerts include: First Cash Acquires Two Pawnshops in Texas; Re-Affirms Fiscal 2009 Earnings Guidance

ARLINGTON, Texas, Jun 17, 2009 -- First Cash Financial Services, Inc. (Nasdaq:FCFS) announced today that it has acquired the assets of two pawn stores located in Dallas, Texas. In addition, the Company re-affirmed its Fiscal 2009 earnings guidance of $1.36 to $1.38 per share.

First Cash is acquiring the pawn loans receivable, inventory and all other operating assets at the two Dallas pawn store locations for a total purchase price of $1.3 million, which is being paid in cash. Rick Wessel, First Cash's Chief Executive Officer, stated, "We believe this is an excellent acquisition in a very good pawn market and will complement our existing 28 Dallas/Fort Worth-area locations. These acquired stores are profitable and...

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