SOUTHFIELD, Mich., Aug 11, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (the "Company")(Nasdaq:CACC) announced today that it has increased the amount of its revolving warehouse facility with Variable Funding Capital Corporation, a multi-seller commercial paper conduit administered by
SOUTHFIELD, Mich., Aug 25, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today the completion of a $100 million asset-backed non-recourse secured financing, its eleventh asset-backed financing. Pursuant to this transaction, the Company contributed dealer-partner
SOUTHFIELD, Mich., Sep 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the preliminary results of its modified Dutch auction tender offer, which expired at 5:00 p.m. on September 9, 2004. Credit Acceptance commenced the tender offer on August 11, 2004 to
Credit Acceptance Corporation Announces Final Results of its Modified Dutch Auction Tender Offer SOUTHFIELD, Mich., Sept. 15, 2004 (PRIMEZONE) -- Credit Acceptance Corporation (NasdaqNM: CACC) today announced the final results of its modified dutch auction tender offer, which expired at 5:00 p.m.
Credit Acceptance Announces 3rd Quarter Earnings SOUTHFIELD, Mich., Nov. 1, 2004 (PRIMEZONE) -- Credit Acceptance Corporation (NasdaqNM: CACC) (the "Company") announced consolidated net income for the three months ended September 30, 2004 of $12,742,000 or $0.31 per diluted share compared to
SOUTHFIELD, Mich., Dec 07, 2004 (PRIMEZONE via COMTEX) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the promotion of Kenneth S. Booth to the position of Chief Financial Officer. Mr. Booth previously held the position of Chief Accounting Officer. Mr.
SOUTHFIELD, Mich., Mar 10, 2005 (PRIMEZONE via COMTEX) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced that during the course of the 2004 year-end closing process, the Company determined that it had incorrectly accounted for income taxes in prior periods related primarily
SOUTHFIELD, Mich., Mar 24, 2005 (PRIMEZONE via COMTEX) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced consolidated net income for the three months ended December 31, 2004 of $7.4 million or $0.19 per diluted share compared to $9.8 million or $0.22 per diluted share for the
SOUTHFIELD, Mich., Apr 11, 2005 (PRIMEZONE via COMTEX) -- Credit Acceptance Corporation (NASDAQ:CACCE) Credit Acceptance Corporation (the "Company") announced that its independent registered public accounting firm, Deloitte & Touche LLP ("Deloitte"), informed the Company on April 8, 2005 that it
SOUTHFIELD, Mich., Apr 12, 2005 (PRIMEZONE via COMTEX) -- Brett Roberts, CEO of Credit Acceptance Corporation, addressed the following letter to shareholders of Credit Acceptance Corporation (Nasdaq:CACCE): April 12, 2005 Dear Shareholders: As we have disclosed in a separate press release, we are
