-
Goldman Sachs Raises AutoNavi Price Target To $21
Thursday, November 18, 2010 - 11:43am | 83AutoNavi Holdings Ltd. (NASDAQ: AMAP) reported 3Q10 revenues, GPM, OPM, non-GAAP EPS (ADS) of US$ 24.0mn, 70.3%, 32.0%, and US$0.14, “well above our estimates of US$ 19.0mn, 59.7%, 19.7%, and US$0.08, respectively, due to strong indash sales,” Goldman Sachs writes. As a result, Goldman Sachs...
-
Lender Processing Services Down 4% (LPS)
Thursday, November 18, 2010 - 11:28am | 42Lender Processing Services, Inc. (NYSE: LPS) is down more than 4% after the Bank Examiner is going to inquire into the company. At last check, shares of LPS were off $1.85 to $29.87, a loss of nearly 6%.
-
RBC Capital Mkts. Changes Price Target on (PAY, NTAP, GIS)
Thursday, November 18, 2010 - 11:19am | 68RBC Capital Mkts. has changed its price target on the following companies: Verifone Systems (NYSE: PAY) with an increased price target from $25 to $35. NetApp (NASDAQ: NTAP) with a decreased price target from $61 to $56. General Mills (NYSE: GIS) with a decreased price target from $40 to $38.
-
PAY Pays More for Hypercom - Analyst Blog
Thursday, November 18, 2010 - 8:29am | 493Electronic payments processing company, VeriFone Systems, Inc. (PAY) will finally acquire rival Hypercom Corporation (HYC) for approximately $7.32 per share or $485 million, including net debt assumed by VeriFone. As of September 30, 2010, Hypercom had a long-term debt of $61.7 million. The...
-
Simcere Beats on Top & Bottom Line - Analyst Blog
Thursday, November 18, 2010 - 6:55am | 464Simcere Pharmaceutical Group (SCR) posted third-quarter 2010 earnings of 15 cents per American Depository Share (ADS), beating the Zacks Consensus Estimate by 8 cents and the prior-year earnings by 11 cents per ADS. Impressive gross margin led to the substantial beat in earnings. Quarterly...
-
Options Brief: VeriFone Systems (PAY)
Wednesday, November 17, 2010 - 1:38pm | 96Shares of VeriFone Systems (NYSE: PAY) are higher on the session by 2.01%, trading at $32.48. Overall call volume is now running at 6.24x the daily average, with 59% of all calls traded being purchases on the offer. 3,646 contracts have traded on the session so far. VeriFone Systems, Inc.,...
-
Online Resources Appoints CMO and CTO
Wednesday, November 17, 2010 - 12:07pm | 31Online Resources Corporation (Nasdaq: ORCC) Janie M. West and Jeffrey L. Kissling have been named Chief Marketing Officer and Chief Technology Officer, respectively.
-
VeriFone Systems to Acquire Hypercom
Wednesday, November 17, 2010 - 11:39am | 111Secure electronic payment provider VeriFone Systems (PAY) said today it has agreed to acquire electronic payment and digital transactions provider Hypercom (HYC) in an all-stock transaction valued at $485 million, including assumption of debt. Hypercom... Go to SwingTradingDaily.com for full...
-
Top Narrow Based Indexes For November 17 (UEC, HYC, RDA)
Wednesday, November 17, 2010 - 11:26am | 219By 10:22 am, the Dow Jones Industrial Average was up 5.68 points, or 0.05%, to 11,029.18, while the broader Standard & Poor's 500 index had gained 4.70 points, or 0.40%. The NASDAQ composite index rose 14.33 points, or 0.58%. Some of the narrow based indexes supporting the markets are Uranium...
-
FDA Advisory Panel Approves Lupus Drug
Wednesday, November 17, 2010 - 11:22am | 111Secure electronic payment provider VeriFone Systems (PAY) said today it has agreed to acquire electronic payment and digital transactions provider Hypercom (HYC) in an all-stock transaction valued at $485 million, including assumption of debt. Hypercom... Go to SwingTradingDaily.com for full...
-
Blackstone Hikes Dynegy Bid
Wednesday, November 17, 2010 - 11:15am | 111Secure electronic payment provider VeriFone Systems (PAY) said today it has agreed to acquire electronic payment and digital transactions provider Hypercom (HYC) in an all-stock transaction valued at $485 million, including assumption of debt. Hypercom... Go to SwingTradingDaily.com for full...
-
Deal News: Boeing to Buy CDM Technologies, Sara Lee Wins Approval for Body Care Sale
Wednesday, November 17, 2010 - 11:09am | 111Secure electronic payment provider VeriFone Systems (PAY) said today it has agreed to acquire electronic payment and digital transactions provider Hypercom (HYC) in an all-stock transaction valued at $485 million, including assumption of debt. Hypercom... Go to SwingTradingDaily.com for full...
-
Morning Market Movers (LDSH, ZANE, ACFC, HYC)
Wednesday, November 17, 2010 - 11:07am | 143Ladish Co Inc (NASDAQ: LDSH) jumped 55.81% to $45.70 at 10:06 am. Allegheny Technologies Inc (NYSE: ATI) has announced its plans to buy LDSH for around $778 million in cash and stock. Zanett Inc (NASDAQ: ZANE) shares surged 25.50% to $1.87. ZANE swung to profit in the third quarter. Atlantic Coast...
-
VeriFone to Acquire Hypercom for $485M
Wednesday, November 17, 2010 - 9:35am | 114VeriFone Systems, Inc. (NYSE: PAY) and Hypercom Corporation (NYSE: HYC) today announced a definitive agreement under which VeriFone will acquire Hypercom in an all-stock transaction valued at approximately $485 million, including net debt assumed by VeriFone. Under the terms of the transaction,...
-
TSYS Announces Fourth-Quarter Dividend
Tuesday, November 16, 2010 - 5:05pm | 46TSYS (NYSE: TSS) today announced that its board of directors has approved a quarterly cash dividend of $0.07 per share on TSYS common stock, payable January 3, 2011, to TSYS shareholders of record as of the close of business on December 16, 2010.