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CSC Orderbook Expands - Analyst Blog
Wednesday, January 12, 2011 - 6:21pm | 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...
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A Peek Into The Market Before The Trading Starts
Wednesday, January 12, 2011 - 9:14am | 483Pre-open movers US stock futures are higher this morning, as investors are awaiting the Federal Reserve's report on present economic conditions. Portuguese government debt sold bonds worth 1.25 billion euros ($1.62 billion) in an auction. Futures on the Dow Jones Industrial Average surged 59 points...
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CSC Finalizes Acquisiton of Image Solutions
Wednesday, January 12, 2011 - 9:01am | 50CSC (NYSE: CSC) today announced it has closed the acquisition of Image Solutions, Inc. The acquisition supports the CSC Health Care strategic growth plan by expanding the company's presence in the Life Sciences sector. Financial terms of the deal were not disclosed.
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Broadridge Completes Matrix Deal - Analyst Blog
Tuesday, January 11, 2011 - 6:01pm | 506Last week Broadridge Financial Solutions Inc. (BR) completed the acquisition of financial services provider Matrix Financial Solutions Inc. for a cash consideration of roughly $201.0 million. Matrix and its subsidiaries will now operate as part of Broadridge's Investor Communication Solutions...
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Broadridge Completes Matrix Deal - Analyst Blog
Tuesday, January 11, 2011 - 5:49pm | 506Last week Broadridge Financial Solutions Inc. (BR) completed the acquisition of financial services provider Matrix Financial Solutions Inc. for a cash consideration of roughly $201.0 million. Matrix and its subsidiaries will now operate as part of Broadridge's Investor Communication Solutions...
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WellCare Health Sees Strong Than Expected Medicare Drug Plan Enrollment
Tuesday, January 11, 2011 - 10:12am | 151Goldman Sachs has published a research report on WellCare Health Plans, Inc. (NYSE: WCG) after the company reported that the Medicare drug plan enrollment showed to be stronger than expected. In the report, Goldman Sachs writes "Ahead of an investor presentation later this week, WellCare announced...
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Anthera Resumes Trial Testing On Lupus Patients While Starting On Other New Trials
Tuesday, January 11, 2011 - 10:06am | 202Piper Jaffray has published a research report on Anthera Pharmaceuticals (NASDAQ: ANTH) after the company resumed patient screening for its Phase IIb PEARL-SC lupus trial of A-623. In the report, Piper Jaffray writes "Anthera has resumed patient screening in the Phase IIb PEARL-SC lupus trial of A-...
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Credit Card Giants Grow Anxious - Analyst Blog
Monday, January 10, 2011 - 10:31pm | 798While lobbying charges for Visa Inc. (V), American Express Co. (AXP) and Discover Financial Services (DFS) declined for the third quarter of 2010, they rose for MasterCard Inc. (MA). On Friday, Visa and MasterCard reportedly spent $1.1 million and $0.84 million, respectively, during the third...
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No Trend Reversal Has Materialized Yet 01-10-2011
Monday, January 10, 2011 - 7:28pm | 862Cusick's Corner The market is at excessive levels and in condition of being overbought (with no real selling except for a small amount last week); no trend reversal has materialized yet. There are two ways that this environment can work itself out: 1) by grinding in a range, which the Small Caps...
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Credit Card Giants Grow Anxious - Analyst Blog
Monday, January 10, 2011 - 2:01pm | 798While lobbying charges for Visa Inc. (V), American Express Co. (AXP) and Discover Financial Services (DFS) declined for the third quarter of 2010, they rose for MasterCard Inc. (MA). On Friday, Visa and MasterCard reportedly spent $1.1 million and $0.84 million, respectively, during the third...
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Credit Card Giants Grow Anxious - Analyst Blog
Monday, January 10, 2011 - 1:34pm | 798While lobbying charges for Visa Inc. (V), American Express Co. (AXP) and Discover Financial Services (DFS) declined for the third quarter of 2010, they rose for MasterCard Inc. (MA). On Friday, Visa and MasterCard reportedly spent $1.1 million and $0.84 million, respectively, during the third...
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Credit Card Giants Grow Anxious - Analyst Blog
Monday, January 10, 2011 - 1:34pm | 798While lobbying charges for Visa Inc. (V), American Express Co. (AXP) and Discover Financial Services (DFS) declined for the third quarter of 2010, they rose for MasterCard Inc. (MA). On Friday, Visa and MasterCard reportedly spent $1.1 million and $0.84 million, respectively, during the third...
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Stock Market News for Jan 10, 2011 - Market News
Monday, January 10, 2011 - 10:31am | 890On Friday, the markets sunk to close in the red as financial stocks plunged following the court's ruling of two foreclosures as invalid. Disappointing jobs growth data also added to the concern of the nervy investors and led the indices down. The Dow Jones Industrial Average lost 0.19% and...
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Stock Market News for Jan 10, 2011 - Market News
Monday, January 10, 2011 - 10:07am | 890On Friday, the markets sunk to close in the red as financial stocks plunged following the court's ruling of two foreclosures as invalid. Disappointing jobs growth data also added to the concern of the nervy investors and led the indices down. The Dow Jones Industrial Average lost 0.19% and...
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Oppenheimer Establishes $60 PT On Syntel, Inc.
Monday, January 10, 2011 - 10:01am | 144Oppenheimer has published a research report on Syntel, Inc. (NASDAQ: SYNT) and has established a new $60 price target. In the report, Oppenheimer writes "We expect solid 4Q results from SYNT, as business trends appear to be gaining momentum. Importantly, we expect these firming demand trends to...