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MasterCard Counts on China - Analyst Blog
Tuesday, January 18, 2011 - 3:32pm | 809Expanding its presence in high-growth China, MasterCard Inc. (MA) plans to enhance its partnership with China UnionPay and penetrate the debit card market in the region, according to Reuters. China UnionPay is the sole bank card transaction processing company in the region. UnionPay is the...
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MasterCard Counts on China - Analyst Blog
Tuesday, January 18, 2011 - 3:32pm | 809Expanding its presence in high-growth China, MasterCard Inc. (MA) plans to enhance its partnership with China UnionPay and penetrate the debit card market in the region, according to Reuters. China UnionPay is the sole bank card transaction processing company in the region. UnionPay is the...
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MasterCard Counts on China - Analyst Blog
Tuesday, January 18, 2011 - 3:32pm | 809Expanding its presence in high-growth China, MasterCard Inc. (MA) plans to enhance its partnership with China UnionPay and penetrate the debit card market in the region, according to Reuters. China UnionPay is the sole bank card transaction processing company in the region. UnionPay is the...
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Market Roundup (DAL, SBIB, CMA, AMTD, CVG)
Tuesday, January 18, 2011 - 1:13pm | 265Shares of Delta Airlines (NYSE: DAL) dropped about 5.5% after the company reported its Q4 earnings at $0.02 per share, compared with a loss of $0.03 per share, in the year-ago period. Excluding one-time charges, Delta reported its earnings at $0.19 per share. However, analysts were expecting...
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Neutral on TSS Despite FNMS Deal - Analyst Blog
Tuesday, January 18, 2011 - 11:31am | 1022Yesterday, we reiterated our 'Neutral' recommendation on Total System Services Inc. (TSS) given the company's penetration in the merchant acquiring services market, though partially subdued by a negative 2010 earnings outlook. Besides, the ongoing market recovery is regaining the confidence of...
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Neutral on TSS Despite FNMS Deal - Analyst Blog
Tuesday, January 18, 2011 - 10:45am | 1022Yesterday, we reiterated our 'Neutral' recommendation on Total System Services Inc. (TSS) given the company's penetration in the merchant acquiring services market, though partially subdued by a negative 2010 earnings outlook. Besides, the ongoing market recovery is regaining the confidence of...
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Alliance Data Announces Credit Card Statistics
Tuesday, January 18, 2011 - 10:27am | 156Piper Jaffray has published a research report on Alliance Data Systems Corporation (NYSE: ADS) after the company reported December private label credit card statistics this morning. In the report, Piper Jaffray writes "Encouragingly, the portfolio's December delinquency rate and $ amount of...
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Credit Suisse Upgrades Total System Services to Outperform (TSS)
Tuesday, January 18, 2011 - 10:14am | 133Credit Suisses is upgrading Totaly System Services (NYSE: TSS) from Neutral to Outperform. In a note to clients, Credit Suisse writes, "After facing several challenging years, we believe that the outlook for Total System Services has turned the corner, with the company's future prospects looking...
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CSG Extends Contract for DISH Network's Customer Care and Billing System
Tuesday, January 18, 2011 - 10:03am | 87CSG Systems International, Inc. (NASDAQ: CSGS) today announced that it has extended its contract for customer care and billing, and print and mail services with DISH Network L.L.C., a subsidiary of DISH Network Corporation (NASDAQ: DISH), through 2017. In conjunction with this contract extension,...
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Global Payments and Planet Payment Announce Multi-Currency Agreements
Tuesday, January 18, 2011 - 9:34am | 48Global Payments Inc. (NYSE: GPN) and Planet Payment, Inc. today announced agreements to provide multi-currency processing services. The agreements include the offering of Global HomeCurrencyPay to Global Payments' base of ISO and merchant customers in the United States and Canada.
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Harris Corporation Team to Pursue Major Network Transport Services Contract
Tuesday, January 18, 2011 - 9:09am | 121Harris Corporation (NYSE: HRS) has teamed with other technology companies to pursue an anticipated five-year, U.S. Department of the Navy contract to provide network transport services for the Next Generation Enterprise Network initiative. NGEN is the latest version of the Department of the Navy's...
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CSC Wins $30M U.S. Air Force Contract
Tuesday, January 18, 2011 - 9:02am | 63CSC (NYSE: CSC) announced today that the U.S. Air Force awarded the company a contract to provide cybersecurity services for the 33rd Network Warfare Squadron. The contract, which has a one-year base period and two option years, has an estimated total three-year value of $30 million. This contract...
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WNS Earns 33 Cents Per Share (WNS)
Tuesday, January 18, 2011 - 7:26am | 268Mumbai, India-based WNS (Holdings) Limited (NYSE: WNS) released financial results on Tuesday morning that beat Wall Street earnings estimates. WNS (Holdings) Limited announced that its fiscal 3rd quarter net income climbed to $5.8 million, or 13 cents per share, up from $0.3 million, or 1 cent per...
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Outperform on PAY - Analyst Blog
Friday, January 14, 2011 - 1:31pm | 510We recently reiterated our Outperform recommendation on VeriFone Holdings Inc. (PAY), which provides solutions for electronic payment systems for the financial, retail, hospitality, petroleum, transportation, government and health care vertical markets. There is a global trend toward electronic...
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Outperform on PAY - Analyst Blog
Friday, January 14, 2011 - 1:00pm | 510We recently reiterated our Outperform recommendation on VeriFone Holdings Inc. (PAY), which provides solutions for electronic payment systems for the financial, retail, hospitality, petroleum, transportation, government and health care vertical markets. There is a global trend toward electronic...