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BusinessWeek April 5, 2004 Gene G. Marcial |
Asta Is Really Cleaning Up Asta buys receivables, or unpaid debts, from banks, finance companies, and other service providers, paying a penny to 36 cents on the dollar, depending on the chances of collecting. With the stock's sharp rise, is it time to bail out? |
BusinessWeek May 2, 2005 Gene G. Marcial |
Less Debt For Asta To Forgive The Bankruptcy Abuse Prevention law helps companies like Astra Funding increase collection of outstanding receivables, thereby increasing its earnings. |
The Motley Fool November 24, 2004 David Meier |
Asta Cashes in on "Foolishness" Asta Funding is profiting from America's credit addiction. It reported a fantastic fourth quarter, with revenue and earnings growing 32% and 52%, respectively. |
The Motley Fool December 13, 2005 Nathan Parmelee |
Asta Funding Buys Up More Bad Debt The recent change in bankruptcy law is benefiting debt collection companies. Investors liked the news of Asta Funding's brighter prospects, bidding its shares up more than 3.5% in Tuesday's midday trading. |
The Motley Fool March 20, 2007 Toby Shute |
Asta Lotta Debt! Debt purchaser Asta Funding buys a $6.9 billion portfolio. Why should investors care? |