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News Summary
Monday, April 4, 2011 - 9:41am | 212Shares of Pfizer Inc (NYSE: PFE) gained about 0.9% after the company agreed to sell its Capsugel unit to private equity firm KKR & Co (NYSE: KKR) for around $2.38 billion. As a result of the sale, PFE slightly reduced its revenue projections for this year and next year. Shares of Discover...
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Capital One Financial Interested In Buying ING Direct USA (COF, ING)
Monday, April 4, 2011 - 9:35am | 117According to Bloomberg, Capital One Financial (NYSE: COF) is interested in buying ING Direct USA, the online banking arm of Dutch financial services firm ING Groep NV (NYSE: ING). As part of being bailed out for the 2008 financial crisis, ING was ordered to sell the arm by the European Union. ING...
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Discover Financial Services Names New Chief Financial Officer
Monday, April 4, 2011 - 9:02am | 62Discover Financial Services (NYSE: DFS) today announced that R. Mark Graf, 46, has been named executive vice president, chief financial officer and chief accounting officer. Graf will oversee Discover's financial operations, including treasury, accounting, investor relations and all financial...
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Jefferies Upgrades DLLR To Buy
Monday, April 4, 2011 - 6:37am | 49Analysts at Jefferies upgrade Dollar Financial Corp (NASDAQ: DLLR) from “hold” to “buy.” The target price for DLLR is set to $26. DLLR shares rose 0.39% to close at $20.83 on Friday. More Analyst Ratings here
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Options Brief: SLM Corporation (SLM)
Friday, April 1, 2011 - 10:26am | 80Shares of SLM Corporation (NYSE: SLM) are higher on the session by 0.70%, trading at $15.40. Overall call volume is now running at 3.45x the daily average, with 2% of all calls traded being purchases on the offer. 2,373 contracts have traded on the session so far. SLM Corporation, known as...
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Dollar Financial Corp Consummates Previously Announced Acquisition of Purpose U.K. Holdings for $195M
Friday, April 1, 2011 - 8:05am | 111Dollar Financial Corp (NASDAQ: DLLR) today announced that its wholly owned U.K. subsidiary, Dollar Financial U.K. Ltd., has completed the acquisition of Purpose U.K. Holdings Limited, the parent company of Month End Money. MEM, which was established in 2003, operates under the brand name PaydayUK...
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Discover Financial Services VP Sells 12,538 Shares of DFS
Tuesday, March 29, 2011 - 4:19pm | 54In a Form 4 filed earlier today, Discover Financial Services (NYSE: DFS) VP, James Panzarino, reported that he sold 12,538 shares of DFS on March 25th for an average price of $23.95. The transaction totaled $300,285. Mr. Panzarino owns 223,823 direct shares and 632 indirect shares of DFS....
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Morgan Stanley Updates On AXP Digital Payments
Tuesday, March 29, 2011 - 7:48am | 90Morgan Stanley updates on American Express' (NYSE: AXP) investment in the digital payment market with its "Serve" product. In the report Morgan Stanley writes, "Next 12-18 months critical. AXP needs to market the product, acquire and market partnerships/co-brands, roll out to international, get...
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What's Hot on TheStreet
Monday, March 28, 2011 - 12:52pm | 235Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 T-Mobile Innovations, and 5 More We Lose T-Mobile may have been fourth place among wireless carriers, but the U.S. is going to miss much more about T-Mobile than Catherine Zeta-Jones commercials. Apple iPad 2...
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36 Momentum Stocks to Consider Now
Saturday, March 26, 2011 - 3:19pm | 3979Follow me on Twitter! I update the following portfolio/screen on a monthly basis on Scott's Investments. February's list of 40 stocks is here and the top 10 rated stocks returned an average of 3.47% for the top 10 stocks on the list versus -1.14% for SPY. The entire list of 40 stocks last month...
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Top 4 Small-Cap Stocks In The Credit Services Industry With The Highest EPS (PRS, CACC, WRLD, NNI)
Friday, March 25, 2011 - 1:22am | 132Below are the top small-cap credit services stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at Primus Guaranty Ltd (NYSE: PRS) is $6.33. PRS' profit margin for the same period is 89.61%. The trailing-twelve-month earnings per share at...
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Calls Purchased on EZCORP, Inc. (EZPW)
Thursday, March 24, 2011 - 1:29pm | 132Shares of EZCORP, Inc. (NASDAQ: EZPW) are higher on the session by 2.19%, currently trading at $30.85. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Options Brief: Discover Financial Services (DFS)
Thursday, March 24, 2011 - 11:10am | 85Shares of Discover Financial Services (NYSE: DFS) are higher on the session by 1.49%, trading at $23.79. Overall put volume is now running at 3.36x the daily average, with 13% of all puts traded being purchases on the offer. 2,586 contracts have traded on the session so far. Discover Financial...
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Sterne Agee Raising Price Target On Discover Financial Services
Thursday, March 24, 2011 - 9:04am | 88According to Sterne Agee, Discover Financial Services' (NYSE: DFS) price target is raised. Sterne Agee reported that, following a review of the company's most recent quarterly results and the information supplied at the company annual investor day (03/23/10), it is increasing its price target from...
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Morgan Stanley Comments On Discover Financial Services Investor Day
Thursday, March 24, 2011 - 8:30am | 180According to Morgan Stanley, Discover Financial Services (NYSE: DFS) reiterated long-term goals during its investor day, including growth targets for its business lines, a normalized 15%+ ROE, and an ~8% TCE/TA ratio. Morgan Stanley reported that it believes keys for DFS to get to these targets...