-
CSG Systems Completes $376M Acquisition of Intec Telecom
Tuesday, November 30, 2010 - 5:01pm | 67CSG Systems International, Inc. (NASDAQ: CSGS) today announced that it has completed the acquisition of U.K-based Intec Telecom Systems PLC. Intec is a leader in wholesale billing and mediation and is a leading provider of retail billing software worldwide. CSG initially announced the acquisition...
-
World Stock Markets Daily Report (November 30, 2010)
Tuesday, November 30, 2010 - 4:46pm | 169U.S. stocks fell Monday, sending the S&P 500 Index down for the fourth time in five days, as Ireland's bailout failed to ease investor concern that Europe's debt crisis may spread to the southern region. The S&P 500 rallied in the final 90 minutes of trading, almost wiping out a 1.3% as...
-
FIS and Banco Bradesco Complete 10 -Year Card Processing Agreement
Tuesday, November 30, 2010 - 4:16pm | 77FIS (NYSE: FIS) today announced that it has completed a new 10-year agreement with Banco Bradesco and the company's card processing joint venture, Fidelity Processadora e Servicos S.A.. Under the terms of the agreement, FPS will process and support Banco Bradesco's private label, Visa (NYSE: V) and...
-
Options Brief: The Western Union Company (WU)
Monday, November 29, 2010 - 11:33am | 90Shares of The Western Union Company (NYSE: WU) are lower on the session by 2.37%, currently trading at $17.72. Put volume is now running at 7.68x the daily average, with 9% of all puts traded being purchases on the offer. 4,202 put contracts have traded so far during the session. The Western Union...
-
WNS Appoints Mike Garber as Global Head, Sales & Marketing
Monday, November 29, 2010 - 9:05am | 29WNS Limited (NYSE: WNS) today announced that Mike Garber has been appointed as the company's Global Head of Sales and Marketing.
-
India: Land of Hope and Growth
Monday, November 29, 2010 - 2:00am | 915Indian markets have rebounded nicely from the crisis, outperforming both the U.S. and China over the past three years. As of November 23, India's Sensex was up just over 6 percent for the past three years, while the S&P 500 Index was down more than 16 percent and China's Hang Seng Index was...
-
Broadridge to Acquire Matrix - Analyst Blog
Friday, November 26, 2010 - 5:33pm | 522New York-based global outsourcing service provider Broadridge Financial Solutions Inc. (BR) inked a deal to acquire financial services provider Matrix Financial Solutions Inc. for a cash consideration of roughly $201.0 million. The deal is expected to close before the end of the calendar year....
-
Broadridge to Acquire Matrix - Analyst Blog
Friday, November 26, 2010 - 12:15pm | 522New York-based global outsourcing service provider Broadridge Financial Solutions Inc. (BR) inked a deal to acquire financial services provider Matrix Financial Solutions Inc. for a cash consideration of roughly $201.0 million. The deal is expected to close before the end of the calendar year....
-
MasterCard Swaps Credit Facility - Analyst Blog
Wednesday, November 24, 2010 - 1:30pm | 530Yesterday, MasterCard Inc. (MA) entered into a new three-year credit facility worth $2.75 billion, thus replacing a prior $2.0 billion credit facility that was supposed to expire in April 2011. The new credit facility will expire on November 22, 2013. While the majority of credit facility lenders...
-
Broadridge to Acquire Matrix Financial (BR)
Wednesday, November 24, 2010 - 9:26am | 90Broadridge (NYSE: BR) is set to acquire Matrix Financial for $201M in cash according to a report by J.P. Morgan. In a note to clients, J.P. Morgan writes, "The acquisition is expected to be neutral to earnings in FY11 and ~$0.09 accretive to FY12 non-GAAP EPS ($0.04 accretive to FY12 GAAP EPS),...
-
MasterCard Swaps Credit Facility - Analyst Blog
Wednesday, November 24, 2010 - 8:12am | 530Yesterday, MasterCard Inc. (MA) entered into a new three-year credit facility worth $2.75 billion, thus replacing a prior $2.0 billion credit facility that was supposed to expire in April 2011. The new credit facility will expire on November 22, 2013. While the majority of credit facility lenders...
-
New Deals for BMC Software - Analyst Blog
Tuesday, November 23, 2010 - 4:30pm | 790Leading large enterprise software company BMC Software Inc. (BMC) recently announced that the New Zealand Transport Agency (NZTA) has successfully implemented its cloud-based, service-desk solution. Financial terms of the deal were not divulged. The NZTA was formed through a merger between two...
-
Company News for November 23, 2010 - Corporate Summary
Tuesday, November 23, 2010 - 11:18am | 702• Hewlett-Packard (NYSE: HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm's new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE: CPB) reported its fiscal...
-
New Deals for BMC Software - Analyst Blog
Tuesday, November 23, 2010 - 11:16am | 790Leading large enterprise software company BMC Software Inc. (BMC) recently announced that the New Zealand Transport Agency (NZTA) has successfully implemented its cloud-based, service-desk solution. Financial terms of the deal were not divulged. The NZTA was formed through a merger between two...
-
Goldman Sachs Initiates Coverage On (PAY, NCR, DBD)
Tuesday, November 23, 2010 - 10:49am | 182Goldman Sachs initiates coverage on Verifone Systems (NYSE: PAY) with a Neutral rating and $31 PT. Pay is a strong global footprint, a leading position in key verticals, and services growth leave PAY well positioned to benefit from increased electronic payments use/acceptance, though current full...