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Unconfirmed Rumors circulate that Alliance Data Systems Corporation (ADS) has been offered $85.00 a share from Private Equity
Tuesday, December 7, 2010 - 12:40pm | 24Unconfirmed Rumors circulate that Alliance Data Systems Corporation (ADS) has been offered $85.00 a share from Private Equity.
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Could Alliance Data Systems Go Private?
Tuesday, December 7, 2010 - 12:28pm | 83There is a rumor out on Wall Street today that Alliance Data Systems Corporation (NYSE: ADS) has been approached by a private equity firm to go private. The transaction would be north of $85 per share, a sharp premium to today's current levels. At last check, shares of ADS were trading at $68.12,...
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MasterCard Announces Dividend of $.15
Tuesday, December 7, 2010 - 11:54am | 70MasterCard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend to holders of shares of its Class A common stock and Class B common stock. The cash dividend of 15 cents per share will be paid on February 9, 2011 to holders of record of its...
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NASDAQ Stocks Hitting 52-Week Highs (ADP, BJRI, ATX, GEOI)
Tuesday, December 7, 2010 - 11:41am | 154Automatic Data Processing Inc (NASDAQ: ADP) shares reached $46.98 to create a new 52-week high, before falling to $46.97, representing a 0.81% gain. ADP's trailing-twelve-month ROE is 21.08%. BJ's Restaurants Inc (NASDAQ: BJRI) shares gained 1.76% to touch a new 52-week high of $38.70. BJRI had $29...
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Alliance Data Renews Multi-year Agreement With Arhaus Furniture
Tuesday, December 7, 2010 - 8:34am | 102Alliance Data Systems Corporation (NYSE: ADS) today announced it has signed a multi-year renewal agreement with Arhaus Furniture -- a high-end retailer of quality, customizable home furnishings and accessories -- to continue providing turnkey private label credit card services for Arhaus' retail...
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Dollar Expands Pawn Lending - Analyst Blog
Monday, December 6, 2010 - 5:18pm | 574On Dec 2, diversified financial services company, Dollar Financial Corp. (DLLR) announced that one of its wings, Dollar Financial UK Ltd., has committed to purchase a leading pawn lending Scandinavian company, Sefina Finance AB, for approximately $73 million in cash. While $58 million will be...
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Dollar Expands Pawn Lending - Analyst Blog
Monday, December 6, 2010 - 4:52pm | 574On Dec 2, diversified financial services company, Dollar Financial Corp. (DLLR) announced that one of its wings, Dollar Financial UK Ltd., has committed to purchase a leading pawn lending Scandinavian company, Sefina Finance AB, for approximately $73 million in cash. While $58 million will be...
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MasterCard Up 1% After Break Out (MA)
Monday, December 6, 2010 - 3:16pm | 63MasterCard Incorporated (NYSE: MA) is up $2.92 to $252 today, a gain of slightly over 1%. This comes on the back of a huge breakout in the name last week, and the following has continued, at least for today. $240 was a breakout level last week for the credit-card processing company, and it hasn't...
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Paychex, Inc. to Announce Second Quarter 2011 Earnings Conference Call for December 21
Monday, December 6, 2010 - 3:01pm | 86Paychex, Inc. (NASDAQ: PAYX) is scheduled to release financial results for the fiscal 2011 second quarter ended November 30, 2010 via Business Wire after the financial markets close on Monday, December 20, 2010. The Company will host a conference call at 10:30 a.m. ET on Tuesday, December 21, 2010...
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Puts Active on Lender Processing Services (LPS)
Monday, December 6, 2010 - 2:50pm | 120Shares of Lender Processing Services (NYSE: LPS) are lower on the session by 5.64%, currently trading at $29.27. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today...
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Oppenheimer Sees Improving Growth Trends for Computer Sciences Corp. (CSC)
Monday, December 6, 2010 - 10:09am | 82Oppenheimer published its report on Computer Sciences Corporation (NYSE: CSC) following its meeting with CSC's CFO, Mike Mancuso, last Tuesday. In a report to clients, Oppenheimer writes, "Overall, tone was upbeat, as CSC believes that the roadblocks facing the firm in 2010 have largely been...
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TeleTech Increases Share Repurchase by $50M
Monday, December 6, 2010 - 10:02am | 33TeleTech Holdings, Inc. (NASDAQ: TTEC) today announced that its Board of Directors has approved an increase of $50 million in the funding available for share repurchases.
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Wright Express Promotes Janosick to Senior VP, Small Business Solutions
Monday, December 6, 2010 - 9:43am | 28Wright Express Corporation (NYSE: WXS) has promoted Ken Janosick to the position of Senior Vice President of Small Business Solutions.
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CSC to Acquire Image Solutions, Inc.
Monday, December 6, 2010 - 9:04am | 84CSC (NYSE: CSC) today announced it has signed a purchase agreement to acquire Image Solutions, Inc.,. The anticipated acquisition will support the CSC Health Care strategic growth plan by expanding the company's presence in the Life Sciences sector. Completion of the transaction is subject to ISI...
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Goldman Sachs Reiterates Buy Rating On Mastercard
Monday, December 6, 2010 - 9:04am | 86Goldman Sachs has reiterated its Buy rating on Mastercard Inc. (NYSE: MA) “given strong secular payments drivers, a diverse international mix, and operating leverage, all of which we expect to drive average EPS growth of 20% through 2012.” “With MA's shares trading at 15.2X our CY11 EPS estimate,...