Triangle Capital Corporation Reports Record Third Quarter 2008 Results (GlobeNewswire) and White River Capital, Inc. Announces Results for the Third Quarter 2008 (Business Wire)

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City of Industry, CA --(www.USEquityNews.com)-- 11/10/2008 - Credit Services industry alert provided by U.S. Equity News. RALEIGH, N.C., Nov. 6, 2008 (GLOBE NEWSWIRE) -- Triangle Capital Corporation (Nasdaq: TCAP) (``Triangle'' or the ``Company''), a leading specialty finance company that provides customized financing solutions to lower middle market companies located throughout the United States, today announced its financial
results for the third quarter of 2008. Commenting on the quarter, Garland S. Tucker, III, President and CEO of Triangle, stated, ``In the current market environment,

risk adjusted returns for subordinated debt and equity investments
are very attractive as well established, credit worthy companies seek capital to execute their business plans. [Read the full article]

INDIANAPOLIS--(BUSINESS WIRE)--White River Capital, Inc. (NYSE: RVR) ("White River") today announced net operating income for the third quarter 2008 was $1.5 million, or $0.37 per diluted share, compared to third quarter 2007 net income of $1.5 million, or $0.38 per diluted share (net income and net operating income in the third quarter 2007 were identical values). [Read the full article]

AUSTIN, Texas, Nov. 6 /PRNewswire-FirstCall/ -- EZCORP, Inc. (Nasdaq: EZPW) announced today results for its fourth fiscal quarter and 2008 fiscal year, which ended September 30, 2008. For the quarter ended September 30, 2008, EZCORP's net income increased 44% to $16,031,000 ($0.37 per share) compared to $11,155,000 ($0.26 per share) for the quarter ended September 30, 2007. Total revenues for the quarter increased 19% to $123,402,000 while operating income improved 13% to $18,950,000.Included in the results for the quarter are the impact of Hurricane Ike and the benefit of taking a previously under utilized foreign tax credit. On September 13th, the Company closed 154 stores in the hurricane threat area, with most of these closed on September 12th in advance of the hurricane.
During the month, the Company lost 1,042 store days due to the hurricane and
the resulting power outages. [Read the full article]

Shares of First Marblehead Corp. fell 10 percent Thursday after the faltering student loan company reported a big quarterly loss. FBR Capital Markets estimated First Marblehead burned through $21 million in cash in the quarter before taxes. Boston-based First Marblehead said its quarterly loss was $92.9 million. "We view the franchise as being worth more than the current stock price suggests and considerably more if and when the company can regain access to funding," FBR analyst Matt Snowling wrote in research note. "However, as time passes, the franchise value of the company continues to deteriorate as it continues to burn cash and produce little in terms of revenue." © 2008 American City Business Journals, Inc. and its licensors. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of bizjournals. Shares of First Marblehead Corp. [Read the full article]

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