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MoneyGram Lags with Debt Burden - Analyst Blog
Thursday, January 6, 2011 - 4:37pm | 806Yesterday, we restated our recommendation on MoneyGram International Inc. (MGI) at Neutral. The company's third quarter loss missed the Zacks Consensus Estimate by a penny. This was primarily attributable to a negative top-line growth based on lower revenue per transaction and shrunken...
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Previewing & Trading Tomorrow's Jobs Report
Thursday, January 6, 2011 - 3:36pm | 224With the massive blowout in yesterday's ADP (NYSE: ADP) jobs report, economists have ratcheted up expectations for tomorrow's nonfarm payrolls. Early in the week, expectations were for 140,000 jobs to be added in the month of December. After ADP said 297,000 jobs were added, expectations went to...
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Wells Fargo Upgrades Heartland Payment Systems To Outperform
Thursday, January 6, 2011 - 11:13am | 144Wells Fargo is upgrading Heartland Payment Systems (NYSE: HPY) to Outperform. It is also raising its 3-5 yr estimated EPS growth rate to 20% from 15%. Performing a fairly straightforward profitability analysis by segment, Wells Fargo believes even if NWS were to experience operating losses of...
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Stock Market News for Jan 6, 2011 - Market News
Thursday, January 6, 2011 - 10:33am | 1220Reports released yesterday showed a three times jump over economists' expectations regarding job creation in the private sector in December 2010. Positive data from the Institute of Supply Management also boosted investors' confidence. Additionally, on a sectoral basis, the financial sector led a...
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Stock Market News for Jan 6, 2011 - Market News
Thursday, January 6, 2011 - 10:07am | 1220Reports released yesterday showed a three times jump over economists' expectations regarding job creation in the private sector in December 2010. Positive data from the Institute of Supply Management also boosted investors' confidence. Additionally, on a sectoral basis, the financial sector led a...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, January 6, 2011 - 9:33am | 344Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Beneficial Mutual Bancorp (BNCL) Foster Wheeler AG (FWLT) Investors Title Co (ITIC) Thomas Properties Group Inc (TPGI) TNS Inc (TNS) View the entire Zacks #5 Rank List. BENEFICIAL MUTL (BNCL): Free Stock Analysis Report ...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, January 6, 2011 - 9:14am | 344Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Beneficial Mutual Bancorp (BNCL) Foster Wheeler AG (FWLT) Investors Title Co (ITIC) Thomas Properties Group Inc (TPGI) TNS Inc (TNS) View the entire Zacks #5 Rank List. BENEFICIAL MUTL (BNCL): Free Stock Analysis Report ...
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J.P. Morgan Overweight On Global Payments (GPN)
Thursday, January 6, 2011 - 8:53am | 148J.P. Morgan Chase & Co. has an Overweight rating and $46 price target on shares of Global Payments (NYSE: GPN). In a note sent to clients, J.P. Morgan writes, "GPN reports F2Q11 results tonight. We see little risk to our and consensus estimates, and expect a better tone (sequentially) from...
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Genpact Signs Six-Year Contract Extension with Serco
Thursday, January 6, 2011 - 8:39am | 58Genpact Limited (NYSE: G) today announced it has been awarded a six-year contract extension by international services company Serco for finance and accounting services. Under this new agreement, Genpact will expand the scope of its services to further deploy best-in-class F&A processes for...
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Alliance Data's LoyaltyOne Business Signs Long-Term Renewal With Canada Safeway Limited
Thursday, January 6, 2011 - 8:37am | 47Alliance Data Systems Corporation (NYSE: ADS) announced that its Canadian coalition loyalty business signed a long-term contract renewal on Dec. 22, 2010 with Canada Safeway Limited, a subsidiary of Safeway Inc. (NYSE: SWY).
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Piper Jaffray Overweight On Western Union Co. (WU)
Thursday, January 6, 2011 - 8:15am | 158Piper Jaffray has an Overweight rating and a $23 price target on shares of Western Union Co. (NYSE: WU). In the research note sent to clients, Piper Jaffray writes, "WU shares substantially underperformed the market in '10. We believe WU shares could awaken in '11. We have grown increasingly...
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Wells Fargo Ups HPY To Outperform
Thursday, January 6, 2011 - 7:04am | 43Analysts at Wells Fargo upgrade Heartland Payment Systems Inc (NYSE: HPY) from “market perform” to “outperform.” HPY shares gained 1.02% to close at $15.83 yesterday. More Analyst Ratings here
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Earnings Scheduled For January 6 (DMAN, MON, GPN, LWSN, HIS, BLUD, SHAW, STZ, XRTX, PENX, SABA)
Thursday, January 6, 2011 - 5:00am | 290DemandTec Inc (NASDAQ: DMAN) is expected to report its FQ3 EPS at $0.03 on revenue of $21.26 million. Monsanto (NYSE: MON) is forecast to post its earnings at $0.02 per share on revenue of $1.80 billion in the fiscal first-quarter. Global Payments Inc (NYSE: GPN) is projected to post its Q2...
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Top 4 Mid-Cap Stocks In The Business Services Industry With The Highest Dividend Yield (RRD, RBA, CTAS, TSS)
Thursday, January 6, 2011 - 4:57am | 124Below are the top mid-cap business service stocks on the NYSE and the NASDAQ in terms of dividend yield. R.R. Donnelley & Sons Company (NASDAQ: RRD) has a dividend yield of 5.90%. RRD's shares closed at $17.54 yesterday. Ritchie Bros. Auctioneers Inc (NYSE: RBA) has a dividend yield of 1.80%....
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First Now Tagged with Total System - Analyst Blog
Wednesday, January 5, 2011 - 2:33pm | 655Expanding its merchant service solutions, on Tuesday, Total System Services Inc. (TSS) announced the purchase of the remaining 49% of First National Merchant Solutions LLC (FNMS) for approximately $169.6 million. The deal culminated on January 1, at the onset of 2011. Previously, in March 2010...