First Cash ends used-car venture (Fort Worth Star-Telegram)

By JIM FUQUAY First Cash Financial Services of Arlington said Tuesday that it will end a two-year venture into the used-car sales and finance business, a move that will produce an after-tax write-down of $52.5 million in the third quarter just ended. First Cash, whose principal business is its chain of more than 500 pawnshops and consumer lending stores, had previously reported that its Auto ...