| Date | Title | | | 10/29/12 | Asset Acceptance Capital Corp. Reports Third Quarter 2012 Results|
Increased investment in the Legal channel, which recorded a 15%
increase in collection growth
WARREN, Mich.--(BUSINESS WIRE)--Oct. 29, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
reported results for the quarter ended September 30, 2012.
Third Quarter 2012 Financial Highlights:
Cash collections for the third quarter of 2012 were $89.2 millio... |
|  | | 10/15/12 | Asset Acceptance Capital Corp. to Host Third Quarter Conference Call October 29| WARREN, Mich.--(BUSINESS WIRE)--Oct. 15, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC)
announced today that it will release its financial results for the third
quarter 2012 on Monday, October 29, 2012, at 4:00 p.m. Eastern. The
Company will host a conference call at 4:30 p.m. Eastern the same day to
discuss its results.
Participation in the question-and-answer session of the call will be
limited to institutional investors and an... |
| | | 10/12/12 | Asset Acceptance Capital Corp. Founder and Former Chairman Rufus ‘Bud’ Reitzel, Jr. Passes Away| WARREN, Mich.--(BUSINESS WIRE)--Oct. 12, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, is
deeply saddened by the passing of Rufus ‘Bud’ Reitzel, Jr., founder and
former chairmen of the Company. He was 78.
Mr. Reitzel founded the organization that would eventually become Asset
Acceptance Capital Corp., in 1962. Over the course of several decades,
Mr. Reitzel develop... |
| | | 09/10/12 | Asset Acceptance Capital Corp. Announces the Expansion of Its Legal Collections Operations in Florida and the Closing of Its Arizona Collections Call Center|
Office closure and related inventory and resource reallocations
expected to be accretive to 2013 earnings by approximately $4.0 million
or $0.13 per share
WARREN, Mich.--(BUSINESS WIRE)--Sep. 10, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
announced that it will be expanding its legal collections operations in
Riverview, Florida and closing its Tempe, Arizo... |
| | | 08/28/12 | Asset Acceptance Capital Corp. Announces Changes to Board of Directors|
Elects Two New Directors and Chairman Transition
WARREN, Mich.--(BUSINESS WIRE)--Aug. 28, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
announced the election of Philip Goodeve and Gerald J. Wilkins to the
Company’s Board of Directors. The Company also named Eugene Lockhart as
the Chairman of the Board. Mr. Lockhart has been a member of the
Company’s Board si... |
| | | 07/30/12 | Asset Acceptance Capital Corp. Reports Second Quarter 2012 Results|
Highest purchasing quarter since 2008; Fully diluted earnings per
share of $0.12
WARREN, Mich.--(BUSINESS WIRE)--Jul. 30, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
reported results for the quarter ended June 30, 2012.
Second Quarter 2012 Financial Highlights
During the second quarter of 2012, the Company invested $58.9 million to
pu... |
| | | 07/11/12 | Asset Acceptance Capital Corp. to Host Second Quarter Conference Call July 30| WARREN, Mich.--(BUSINESS WIRE)--Jul. 11, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC)
announced today that it will release its financial results for the
second quarter 2012 on Monday, July 30, 2012, at 4:00 p.m. Eastern. The
Company will host a conference call at 4:30 p.m. Eastern the same day to
discuss its results.
Participation in the question-and-answer session of the call will be
limited to institutional investors and anal... |
| | | 06/26/12 | Asset Acceptance Capital Corp. Joins the Russell 2000, Russell 3000 and Russell Global Indexes| WARREN, Mich.--(BUSINESS WIRE)--Jun. 26, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
announced that it has been added to the list of public companies that
comprise the Russell 2000 (®), Russell 3000 (®)Russell Global Indexes.
Asset Acceptance’s inclusion became effective on Friday, June 22, 2012,
following the Russell Investment Group’s annual reconstitution of its
... |
| | | 04/26/12 | Asset Acceptance Capital Corp. Reports First Quarter 2012 Results| Earnings per fully diluted share increase to $0.18 from $0.04 in the
prior year period; record quarterly cash collections
WARREN, Mich., Apr 26, 2012 (BUSINESS WIRE) --Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
reported results for the quarter ended March 31, 2012.
First Quarter 2012 Financial Highlights
Cash collections for the first quarter of 2012 increased 10.8% compared
... |
| | | 04/05/12 | Asset Acceptance Capital Corp. to Host First Quarter Conference Call April 26| WARREN, Mich.--(BUSINESS WIRE)--Apr. 5, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC)
announced today that it will release its financial results for the first
quarter 2012 on Thursday, April 26, 2012, at 4:00 p.m. Eastern. The
Company will host a conference call at 4:30 p.m. Eastern the same day to
discuss its results.
Participation in the question-and-answer session of the call will be
limited to institutional investors and ana... |
| | | 03/05/12 | Asset Acceptance Capital Corp. Reports Fourth Quarter and Full Year 2011 Results|
Earnings per fully diluted share for the fourth quarter and full year
2011 of $0.14 and $0.39, respectively; significant increases from prior
year in collections, revenue and net income
WARREN, Mich.--(BUSINESS WIRE)--Mar. 5, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt, today
reported results for the quarter and fiscal year ended December 31, 2011.
Fourth ... |
| | | 02/08/12 | Asset Acceptance Capital Corp. to Host Fourth Quarter and 2011 Year-End Conference Call March 5| WARREN, Mich.--(BUSINESS WIRE)--Feb. 8, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it
will release its financial results for the fourth quarter and year-end
2011 on Monday, March 5, 2012, at 4:00 p.m. ET. The Company will host a
conference call at 4:30 p.m. ET the same day to discuss its results.
Participation in the question-and-answer session of the call will be
limited to institutional investors and analysts.... |
| | | 01/30/12 | Asset Acceptance Capital Corp. Announces FTC Consent Decree| WARREN, Mich.--(BUSINESS WIRE)--Jan. 30, 2012--
Asset Acceptance Capital Corp. (NASDAQ: AACC),
a leading purchaser and collector of charged-off consumer debt,
announced today that its subsidiary, Asset Acceptance, LLC, has resolved
an FTC investigation of the Company’s practices under the Federal Trade
Commission Act, Fair Debt Collection Practices Act and Fair Credit
Reporting Act. As part of the consent decree Asset Acceptance, LLC has
agree... |
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