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Convergys and Cox Renew Billing and Customer Care Contract
Monday, November 1, 2010 - 10:11am | 107Convergys Corporation (NYSE: CVG) announced today that Cox Communications has renewed its contract for Convergys Smart BSS Solutions. This is the third contract renewal in North America this year for Convergys' cable solutions, which support 8 of the top 15 cable, broadband, and satellite providers...
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Jared's Market Commentary - Don't blink
Monday, November 1, 2010 - 7:29am | 1231By Jared Rosenbaum OK, so let's see...there are bombs being shipped to the US via UPS/FedEx, the dollar has strengthened, volatility is moving lower, and there are still a ton of people filing for unemployment benefits...yet the market barely even thought about moving down this week. The...
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A VERY Busy Week Ahead - Earnings Preview
Friday, October 29, 2010 - 7:12pm | 4992Earnings Preview 10/29/10 Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season, but there are still...
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Visa Clarifies Guidance; Sees 11% to 15% Revenue Growth for 2011
Friday, October 29, 2010 - 2:08pm | 50Visa Inc. (NYSE: V) today announced that notwithstanding any statements made by the Company after its earnings call, this press release confirms that the Company's guidance of 11% to 15% revenue growth for 2011 is based off its fiscal 2010 GAAP reported revenues of $8.065 billion dollars.
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MoneyGram Misses by a Penny - Analyst Blog
Friday, October 29, 2010 - 1:51pm | 581MoneyGram International Inc. (MGI) reported second quarter loss per share of 30 cents, a penny higher than the Zacks Consensus Estimate of a loss of 29 cents, but substantially lower than the loss of 60 cents reported in the year-ago quarter. Results included stock-based compensation costs of $...
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Lender Processing Matches Estimates - Analyst Blog
Friday, October 29, 2010 - 11:33am | 589Lender Processing Services Inc. (LPS) reported third-quarter 2010 adjusted earnings per share of 89 cents, in line with the Zacks Consensus Estimate as well as the company's guidance range of 88 cents to 90 cents. Results were also well ahead of the prior-year quarter's earnings of 83 cents. Year...
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J.P. Morgan Remains Neutral On Genpact
Friday, October 29, 2010 - 8:03am | 107Genpact Ltd.'s (NYSE: G) 3Q results and CY10 guidance were very disappointing and primarily stemmed from a lack of expected ramp-ups in global client projects, J.P. Morgan reports. “The miss was difficult to digest, as the company had defended the achievability of back-end loaded guidance in the...
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Deutsche Bank Has Hold On NeuStar (NSR)
Friday, October 29, 2010 - 7:49am | 132Deutsche Bank has a Hold rating on Neustar, Inc (NYSE: NSR) and a $27 price target on shares. In a research report sent to investors, Deutsche Bank writes, "NSR reported $130.5m/$0.39, in line with the preliminary results announced on Oct 6, timed with Lisa Hook's CEO appointment. The re-affirmed...
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Benzinga's Worst Performing Industries (PMI, GT, CMT, USAT, V, WHR, NOBH)
Thursday, October 28, 2010 - 5:07pm | 209Surety & Title Insurance industry was the worst performing industry today, with a decline of 3.91%. The worst performing stock in the space was The PMI Group, Inc. (NYSE: PMI). PMI lost 18.98%, after posting disappointing third-quarter results. Rubber & Plastics industry lost 3.26% on...
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LPS Names CFO
Thursday, October 28, 2010 - 4:46pm | 26Lender Processing Services, Inc. (NYSE: LPS) has named Tom Schilling as executive vice president and chief financial officer.
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Lender Processing Services, Inc. Reports Third Quarter EPS of $.89
Thursday, October 28, 2010 - 4:43pm | 141Lender Processing Services, Inc. (NYSE: LPS) today reported consolidated revenues of $626.0 million for the third quarter of 2010, an increase of 1.1% compared to the third quarter of 2009, while net earnings of $78.7 million or 85 cents per diluted share in the third quarter of 2010 increased from...
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Lender Processing Services, Inc. Announces Quarterly Dividend of $0.10
Thursday, October 28, 2010 - 4:39pm | 56Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, announced a regular quarterly dividend of $0.10 per common share. The dividend is payable on December 22, 2010, to shareholders of record as of the...
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Neustar Reports Strong Profit for Third Quarter 2010: EPS of $0.39
Thursday, October 28, 2010 - 4:10pm | 107Neustar, Inc. (NYSE: NSR), a leader in providing carriers and enterprises with solutions for sending calls, messages and content across networks worldwide, today announced results for the quarter ended September 30, 2010 and refined its prior guidance for full-year 2010 announced on October 6, 2010...
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Lower Costs Drive MDCO - Analyst Blog
Thursday, October 28, 2010 - 1:30pm | 883The Medicines Company (MDCO) reported a third-quarter profit of 40 cents per share, including the impact of stock-based compensation expense. Third quarter profit was well above the Zacks Consensus Estimate of 24 cents and the year-ago loss of 6 cents. Performance was boosted by higher revenues...
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Moody's 3Q Beats Huge, Guidance Up - Analyst Blog
Thursday, October 28, 2010 - 1:03pm | 1061Moody's Inc.'s (MCO) third quarter 2010 earnings beat the Zacks Consensus Estimate by a huge 11 cents per share based on higher revenues that also exceeded expectations. The results reflect a strong activity in corporate and financial institution debt markets, largely driven by a high-yield bond...