-
Mastercard Trading Higher Today (MA)
Friday, January 14, 2011 - 11:45am | 26Mastercard (NYSE: MA) is trading higher today. At last check, MA was trading at $235.24, up 0.74% from yesterday's close.
-
RBC Capital Adjusts Its Price Target on VMware, Transocean, Johnson & Johnson, Intel, Global Payment, Emulex, Citrix Systems, IBM (VMW, RIG, JNJ, INTC, GPN, ELX, CTXS, IBM)
Friday, January 14, 2011 - 10:33am | 114RBC Capital adjusts its price target on: VMWare (NYSE: VMW) from $90 to $100. Transocean (NYSE: RIG) from $75 to $85. Johnson & Johnson (NYSE: JNJ) from $62 to $60. Intel (NASDAQ: INTC) from $26 to $28. Global Payment (NYSE: GPN) from $52 to $55. Emulex (NYSE: ELX) from $11 to $13. Citrix...
-
Benzinga's Top Downgrades (HME, HPY, HAL, SF)
Friday, January 14, 2011 - 9:46am | 140Home Properties Inc (NYSE: HME) was downgraded by KeyBanc from "buy" to "hold." HME's shares closed at $53.20 yesterday. Home Properties' PEG ratio is 2.68. Heartland Payment Systems Inc (NYSE: HPY) was downgraded by JP Morgan from "neutral" to "underweight." HPY's stock closed at $16.23 yesterday...
-
J.P Morgan Gives Rating Changes (HPY, ADS); Lowers PT On (MA, V)
Friday, January 14, 2011 - 9:32am | 219J.P Morgan recently lowered its PT on Mastercard (NYSE: MA) to $277 from $315 as well as Visa (NYSE: V) to $85 from $103. It prefers MA over V. Regulation remains the big unknown, and JP Morgan sees limited direction for payment processing stocks until the Fed finalizes its debit rules on April...
-
Alliance Data Schedules Q4 and FY Earnings Conference Call for February 1
Friday, January 14, 2011 - 8:38am | 69Alliance Data Systems Corporation (NYSE: ADS), a leading provider of loyalty and marketing solutions derived from transaction-rich data, will host a conference call February 1, 2011 at 5:00 p.m. ET to discuss the Company's fourth-quarter and full-year 2010 results. Hosting the call will be Ed...
-
Jefferies Cuts Price Target On Merck (MRK)
Friday, January 14, 2011 - 8:19am | 161Jefferies & Co. cut the price target on shares of Merck & Co. (NYSE: MRK) to $34.50 from $37, but is keeping its Hold rating on shares. In a note sent to clients, Jefferies writes, "The uncertainty regarding the future of vorapaxar will act as a further overhang for investor sentiment on...
-
TowerJazz and Agilent Technologies Expand High Speed and High Power SiGe Design Kit Offering (TSEM)
Thursday, January 13, 2011 - 5:19pm | 529TowerJazz (NASDAQ: TSEM) announced the availability of additional SiGe process design kits (PDKs) for TowerJazz's 0.18 µm SiGe process platform. The design kits target high-frequency products for optical networks, automotive radar and 60GHz WiFi, as well as high-power front-end-modules for wireless...
-
Goldman Sachs Upgrades Fidelity National Information Services Rating To Buy (FIS)
Thursday, January 13, 2011 - 1:51pm | 98A study published Wednesday by Goldman Sachs regarding IT Services increases Fidelity National Information Services (NYSE: FIS) from a rating of Neutral to Buy. Goldman Sachs also increased FIS's PT to $33 from $29. Goldman Sachs states, "FIS is a pro-cyclical company with a strong FCF profile and...
-
CSC Closes Image Solutions Deal - Analyst Blog
Thursday, January 13, 2011 - 1:31pm | 518Yesterday, Computer Sciences Corp. (CSC) wrapped up the acquisition of privately held information technology outsourcing company Image Solutions Inc. This marks Computer Sciences' progress in the health care industry. The acquisition was announced in December 2010. Financial terms of the deal...
-
CSC Closes Image Solutions Deal - Analyst Blog
Thursday, January 13, 2011 - 1:15pm | 518Yesterday, Computer Sciences Corp. (CSC) wrapped up the acquisition of privately held information technology outsourcing company Image Solutions Inc. This marks Computer Sciences' progress in the health care industry. The acquisition was announced in December 2010. Financial terms of the deal...
-
Keefe, Bruyette & Woods Reports On Specialty Finance (ADS, AXP, COF, DFS)
Thursday, January 13, 2011 - 12:46pm | 304Keefe, Bruyette & Woods released an industry update for specialty finance in advance of monthly data reports from American Express, Capital One, Discover Financial, and Alliance Data Systems, expected on Tuesday the 18th. In the report, KBW recapped previous data, examined December's seasonal...
-
Benzinga's Top Downgrades (G, ATHR, ITT, PIR)
Thursday, January 13, 2011 - 9:09am | 135Genpact Limited (NYSE: G) was downgraded by JP Morgan from "neutral" to "underweight." G's shares closed at $15.67 yesterday. Genpact's PEG ratio is 1.33. Atheros Communications Inc (NASDAQ: ATHR) was downgraded by Jefferies from "buy" to "hold." ATHR's stock closed at $44.70 yesterday. Atheros...
-
J.P Morgan Gives IT & BPO Rating Changes
Thursday, January 13, 2011 - 8:32am | 165J.P Morgan thinks IT Services stocks should continue to outperform the market and data processors in 2011 as the demand environment remains favorable, and revenue growth/upside will once again be the focus. J.P Morgan likes names that exhibit high/rising mix of offshore delivery, high exposure to...
-
Goldman Opens CVG With Sell
Thursday, January 13, 2011 - 7:18am | 49Analysts at Goldman initiate coverage of Convergys Corporation (NYSE: CVG) with a “sell” rating. The target price for CVG is set to $12. CVG shares rose 0.79% to close at $14.06 yesterday. More Analyst Ratings here
-
CSC Orderbook Expands - Analyst Blog
Wednesday, January 12, 2011 - 7:01pm | 413After the recent acquisition of CenTauri Solutions LLC. by the technology major Computer Sciences Corp. (CSC), the pace of deal wins has accelerated. CSC has recently signed a 10-year agreement with a diversified financial services company to license its Wealth Management Accelerator. The new...