Happy Friday 13th everyone!
I see very few updates on the RNS this morning that are of relevance to usual coverage here, so I thought I’d throw open the comments thread straight away for suggestions. Maybe there are stocks which could have been covered earlier in the week, which you’d like me to catch up on now? Let me know.
Best wishes,
Graham

Provident Financial (LON:PFG)
Share price: 869p (+10%)No. of shares: 148 millionMarket cap: £1,288 millionTrading Statement
One of the interesting stories which did come out today was this trading statement from Provident Financial.
Provident is a Yorkshire-based “doorstop lender” which also offers subprime credit cards, subprime vehicle finance, and short-term loans.
The share price crashed in August when it was revealed that changes it made to its sales force had effectively resulted in chaos, with both employees and customers jumping ship as a result.
Today’s update has been well-received. I’ll quickly summarise what it says:
Consumer credit division is still heading for an £80 million – £120 million loss before exceptions.This is the problem division. A former MD has returned to head up this division, the operating model has been fixed to give back some…

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