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KBW Comes Away From SLM Meetings "Feeling More Optimistic"
Thursday, March 17, 2011 - 7:52am | 55KBW recently hosted investor meetings with SLM Corporation's (NYSE: SLM) Jack Remondi, COO, and Jonathan Clark, CFO. “We came away from the meetings feeling more optimistic about the company's strategic initiatives and earnings momentum,” KBW writes. SLM Corporation closed Wednesday at $13.83.
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Major Resource Upgrade for Sundance Resources Limited (ASX:SDL) Mbalam Iron Ore Project
Thursday, March 17, 2011 - 12:44am | 3199Perth, Mar 17, 2011 (ABN Newswire) - International Iron Ore Development Company Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) has taken another step towards its objective of developing its large scale iron ore project in central West Africa after today releasing a comprehensive update and...
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American Express February Write-off Rate 3.8%
Tuesday, March 15, 2011 - 11:24am | 71American Express Company (NYSE: AXP) reports write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months ended December 31, 2010, and January 31 and February 28, 2011. Total Loans $ 51.6B, $49.5B , and $ 48.3B 30 days past due loans as a % of...
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American Express Business Travel Monitor Shows Airfares Increased in 2010
Tuesday, March 15, 2011 - 9:07am | 87American Express (NYSE: AXP) Global Business Travel today released data from its Business Travel Monitor from fourth quarter 2010, revealing business travel airfares continued to increase throughout 2010, inching closer to the highest levels since the recession with domestic airfares just 6% off...
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Capital One Reports February Stats, Citigroup Maintains Buy Rating
Tuesday, March 15, 2011 - 9:07am | 132Citigroup has published a research report on Capital One Financial Corporation (NYSE: COF) after the company reported its February statistics on credit card balances. In the report, Citigroup writes "Overall, February results were as expected with further improvement in credit offset by seasonal...
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J.P Morgan Comments On First Cash Financial After Raising Guidance; Raises Estimates, PT
Tuesday, March 15, 2011 - 8:52am | 145First Cash Financial's (NASDAQ: FCFS) EPS range was increased from $2.02-10 to $2.12-20. The implicit increase is higher as it included $0.05 cents from the sold Illinois payday business. Q1 guidance of $0.47- $0.49 was also introduced. The CEO said “Our quarter-to-date results have significantly...
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JP Morgan Raises PT On First Cash Financial To $41
Tuesday, March 15, 2011 - 7:26am | 30JP Morgan has raised the price target on First Cash Financial (NASDAQ: FCFS) from $36 to $41 and maintains its Overweight rating.
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March 12, 2011: Dividend Reservoir: Bank Stocks
Saturday, March 12, 2011 - 9:17am | 686Are you a dividend investor? For many of us the answer is yes. Most of the articles within Seeking Alpha pertaining to dividend-oriented investing have a tendency to look backwards, projecting an income stream through the assumption of what happened in the past to a company's fortunes (and the...
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Citi Financial Conference Highlights For American Express (AXP)
Friday, March 11, 2011 - 10:24am | 210Citi released a research report highlighting recent information from American Express (NYSE: AXP). “AXP has been focused on getting card members to use their card in virtual wallets such as iTunes, particularly as consumers tend not to switch the primary card in this type of wallet.” Citi writes. “...
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Options Brief: World Acceptance Corporation (WRLD)
Wednesday, March 9, 2011 - 12:21pm | 87Shares of World Acceptance Corporation (NASDAQ: WRLD) are lower on the session by 2.39%, trading at $60.55. Overall put volume is now running at 7.37x the daily average, with 2% of all puts traded being purchases on the offer. 1,149 contracts have traded on the session so far. World Acceptance...
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Piper Jaffray Reiterates Overweight Rating On American Express
Tuesday, March 8, 2011 - 8:34am | 148In a report published by Piper Jaffray, a meeting with American Express' (NYSE: AXP) CEO/CFO confirms cheap stock. Piper Jaffray reiterates the Overweight rating. Piper Jaffray said that it hosted an investor meeting last week with AXP Chairman/CEO Ken Chenault and CFO Dan Henry. “We walked away...
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Dollar Financial Corp Receives Approval from Office of Fair Trading for the Acquisition of Purpose U.K. Holdings Limited
Monday, March 7, 2011 - 5:10pm | 123Dollar Financial Corp (NASDAQ: DLLR) today announced the U.K. Office of Fair Trading has approved the previously announced 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 and is the...
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Mad Money Lightning Round: Cramer Advises Investors To Buy American Express (BA, WFT, AXP)
Monday, March 7, 2011 - 3:50am | 126On CNBC's Mad Money, Jim Cramer said during the Lightning Round that “This tanker contract is the single most important thing that could happen to Boeing (NYSE: BA).” He advised investors to buy the stock. For Weatherford International (NYSE: WFT), he said, "I listened to the conference call and I...
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March Market Madness: American Express (AXP)
Friday, March 4, 2011 - 11:10am | 275As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up… American Express (AXP). American Express is a credit card company and a financial services firm. While a great company, it does not score well due to the current technicals. A problem is...
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KBW Discusses Nelnet Earnings (NNI)
Friday, March 4, 2011 - 9:03am | 117Keefe Bruyette & Woods is out with a research report on Nelnet, Inc. (NYSE: NNI) after it reported earnings. It has a Market Perform and a $26 price target on shares. In a note to clients, KBW writes, "Nelnet reported 4Q10 EPS ROCK: [$1.66, $1.45, $1.47, $1.48]. The difference between reported...