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Earnings Scorecard: VeriFone Systems - Analyst Blog
Thursday, December 9, 2010 - 6:24pm | 859Estimates have been on the rise in the last seven days after VeriFone Systems Inc. (PAY) reported strong results for the fourth quarter of fiscal 2010 and provided positive guidance for the next quarter and fiscal 2011. This has led to positive and significant estimate revisions by the analysts...
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Earnings Scorecard: VeriFone Systems - Analyst Blog
Thursday, December 9, 2010 - 5:55pm | 859Estimates have been on the rise in the last seven days after VeriFone Systems Inc. (PAY) reported strong results for the fourth quarter of fiscal 2010 and provided positive guidance for the next quarter and fiscal 2011. This has led to positive and significant estimate revisions by the analysts...
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Positive on The Medicines Co. - Analyst Blog
Thursday, December 9, 2010 - 5:00pm | 639We recently reiterated our Outperform recommendation on The Medicines Company (MDCO). In August 2010, The Medicines Company received good news with the US District Court for the Eastern District of Virginia ordering the US Patent and Trademark Office (PTO) to treat The Medicines Company's patent...
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Western Union Hikes Dividend - Analyst Blog
Thursday, December 9, 2010 - 5:00pm | 449Yesterday, the world's leading money transfer company Western Union Co. (WU) announced a hike of 16.67% in its quarterly dividend to 7 cents per share. The increased dividend will be paid on December 31, to shareholders' of record as of December 20. Western Union's dividend is supported by its...
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Western Union Hikes Dividend - Analyst Blog
Thursday, December 9, 2010 - 4:30pm | 449Yesterday, the world's leading money transfer company Western Union Co. (WU) announced a hike of 16.67% in its quarterly dividend to 7 cents per share. The increased dividend will be paid on December 31, to shareholders' of record as of December 20. Western Union's dividend is supported by its...
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Positive on The Medicines Co. - Analyst Blog
Thursday, December 9, 2010 - 4:18pm | 639We recently reiterated our Outperform recommendation on The Medicines Company (MDCO). In August 2010, The Medicines Company received good news with the US District Court for the Eastern District of Virginia ordering the US Patent and Trademark Office (PTO) to treat The Medicines Company's patent...
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Amazon Still Up
Thursday, December 9, 2010 - 10:46am | 165Amazon.com'S (NASDAQ: AMZN) website is still up and operational, despite reports that WikiLeaks supporters would be attacking the website. Yesterday hackers hacked the corporate websites of Mastercard (NYSE: MA) and Visa (NYSE: V), but credit cards were not affected and customer accounts were not...
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News Summary (HELE, LULU, MA)
Thursday, December 9, 2010 - 10:36am | 240Shares of Helen of Troy Ltd (NASADQ: HELE) advanced about 10% after the company announced its plans to purchase Kaz Inc for $260 million in cash. The companies are expecting the deal to close by 2010 end. Richard Katzman, Chairman of Kaz Inc said, "After 84 years and three generations, the Katzman...
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Paychex Announces Acquisition of SurePayroll
Thursday, December 9, 2010 - 10:02am | 49Paychex, Inc. (NASDAQ: PAYX) today announced it has entered into an agreement to acquire SurePayroll, Inc., provider of Software-as-a-Service payroll processing for small businesses. SurePayroll, a privately held company founded in 2000, serves approximately 30,000 small businesses with its easy-...
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ActivePath, CSC Announce Strategic Alliance
Thursday, December 9, 2010 - 9:04am | 45ActivePath and CSC (NYSE: CSC) today announced the formation of a strategic integration alliance. The agreement includes CSC integrating ActivePath's award-winning 2Way Email Banking Systems for banks and financial institutions in a number of continental European countries.
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Hackers Unite! Chaos, Threats, And Wikileaks
Thursday, December 9, 2010 - 8:51am | 190Yesterday, websites of Mastercard (NYSE: M), Visa (NYSE: V), and Amazon (NASDAQ: AMZN) were hacked by Wikileaks supporters as a threat to any organization that opposes the rights of Wikileaks and its controversial founder, Julian Assange. On Thursday, an activist from a group called Anonymous said...
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MasterCard Acquires Travelex's Prepaid Card Program Management Assets for $458M
Thursday, December 9, 2010 - 8:34am | 60MasterCard Incorporated (NYSE: MA) and Travelex today announced that MasterCard has purchased the prepaid Card Program Management operations of Travelex for £290 (US $458) million in cash, with an earn-out of up to an additional £35 (US $55) million if certain performance targets are met. The...
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Wells Fargo Securities Downgrades PAYX To Market Perform
Thursday, December 9, 2010 - 8:25am | 42Analysts at Wells Fargo Securities downgrade Paychex Inc (NASDAQ: PAYX) from "outperform" to "market perform." PAYX's shares gained 1.26% to close at $30.51 yesterday. More Analyst Ratings here
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Stocks To Watch For December 9 (DMND, CIEN, SAI, LULU, WU)
Thursday, December 9, 2010 - 4:09am | 218Some of the stocks that may grab the investor focus today are: Diamond Foods Inc (NASDAQ: DMND) reported its Q3 earnings at $0.64 per share, down from $0.88 per share, in the year-ago period. The company's revenue came in at $252.6 million, versus $180.6 million, in the year-ago quarter. DMND...
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CSC Taking Over Image Solutions - Analyst Blog
Wednesday, December 8, 2010 - 7:03pm | 493Virginia-based Computer Sciences Corp. (CSC) announced that it has inked a deal to acquire privately held information technology outsourcing company Image Solutions Inc. Financial details were not divulged. The deal is pending approval from Image Solutions' shareholders and is expected to be...