-
Stock Market News for October 27, 2010 - Market News
Wednesday, October 27, 2010 - 3:33pm | 1211After a lackadaisical session, stocks closed mostly flat on Tuesday as mixed earnings and economic reports failed to motivate traders. Investors appeared jittery ahead of next week's mid-term elections and a sliding dollar. The blue-chip Dow average gained a little more than 5 points to close at...
-
ADP Beats, Outlook Raised - Analyst Blog
Wednesday, October 27, 2010 - 3:09pm | 985Automatic Data Processing Inc.(ADP) announced results for the first quarter of fiscal 2011. Net earnings from continuing operations were 56 cents per share, up 3 cents as compared with the Zacks Consensus Estimate. Earnings per share were in line year over year, primarily due to fewer shares...
-
Fiserv Tops Estimates - Analyst Blog
Wednesday, October 27, 2010 - 3:09pm | 631Fiserv, Inc. (FISV) has reported a net income of $157 million from continuing operations (excluding merger costs and other adjustments, severance costs and amortization of acquisition-related intangibles) or $1.04 per share in the third quarter of 2010, up 10.5% year over year. The reported...
-
RBC Capital Changing Price Targets
Wednesday, October 27, 2010 - 1:01pm | 335RBC Capital is changing the following price targets and reiterating coverages: W.R. Berkley (NYSE: WRB); Outperform, from $30 to $31 Rogers Comms (NYSE: RCI); Sector Perform, from $46 to $44 National Oilwell Varco (NYSE: NOV); Outperform, from $55 to $70 Motricity (NASDAQ: MOTR); Outperform, from $...
-
Wedbush Changes Price Targets (UTHR, ULTI, NTGR, FFIV, CSGS, CML, CALD, UA, CRDN)
Wednesday, October 27, 2010 - 12:26pm | 162Wedbush is changing price targets and reiterating coverage on the following companies: United Therapeutics (NASDAQ: UTHR); Neutral rating, price target from $67 to $71. Ultimate Software NASDAQ: ULTI); Outperform rating, price target from $43 to $47. NETGEAR (NASDAQ: NTGR); Neutral rating, price...
-
Western Union Reports Strong 3Q Performance
Wednesday, October 27, 2010 - 8:08am | 162Beyond the pre-announced positive revenue surprise, the key highlight for investors in Western Union 's (NYSE: WU) 3Q10 was the strong margin performance in the core C2C unit. Margins have improved strongly YTD despite the price discounting changes in the US – this is partly due to the progress on...
-
3Q Revenues For FIS Disappoint Goldman Sachs
Wednesday, October 27, 2010 - 7:32am | 127Fidelity National Information Services (NYSE: FIS) reported 3Q EPS ahead of estimates by $0.01 and is witnessing increased demand, according to Goldman Sachs. In its research report, Goldman Sachs writes "Management described CY10 demand as steady but slowly improving, and while we view customers'...
-
Visa Hosts Surprise Earnings Call
Wednesday, October 27, 2010 - 7:03am | 167Deutsche Bank has published a research report on Visa, Inc. (NYSE: V) following the company's surprise earnings call after market close yesterday. In the report, Deutsche Bank writes "Visa hosted a surprise conference call Tues night to proactively address certain modeling nuances a day ahead of...
-
Earnings Scheduled For October 27 (V, PEG, DPS, PG, ODP, ESRX, WHR, NOC, S, GG, SYMC, PX, COP, OI, IP, SO, LM, VMED, CMCSA, ADP, ALL, GD, IACI)
Wednesday, October 27, 2010 - 5:26am | 499Visa Inc (NYSE: V) is projected to post its earnings at $0.95 per share in the fiscal fourth quarter. Public Service Enterprise Group Inc (NYSE: PEG) is likely to report its Q3 profit at $0.96 per share. Dr Pepper Snapple Group Inc (NYSE: DPS) is expected to post its Q3 EPS at $0.60. Procter &...
-
Stocks To Watch For October 27 (AFL, PG, DWA, V, NVLS)
Wednesday, October 27, 2010 - 4:48am | 208Some of the stocks that may grab the investor focus today are: Aflac Inc (NYSE: AFL) posted its Q3 net income at $1.46 per share, versus $0.77 per share, in the year-ago period. AFL shares gained 1.47% to $56.00 in after-hours trading. Wall Street expects Procter & Gamble Co (NYSE: PG) to...
-
Patty Edwards Likes Visa (V)
Tuesday, October 26, 2010 - 7:40pm | 181Patty Edwards said on CNBC's Fast Money that she likes Visa Inc. (NYSE: V), and she has a long position in this stock. She believes that Visa (V) is going to be a beneficiary of this consumer confidence that we saw coming out today. Consumers are spending, and we are seeing better numbers from...
-
Fiserv Reports Third Quarter 2010 Results: EPS of $0.89
Tuesday, October 26, 2010 - 4:22pm | 121Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today reported financial results for the third quarter of 2010. GAAP revenue in the third quarter of 2010 was $1.03 billion compared with $992 million in the third quarter of 2009. Adjusted revenue...
-
Western Union Reports Third Quarter EPS of $.38
Tuesday, October 26, 2010 - 4:16pm | 154The Western Union Company (NYSE: WU) today reported financial results for the 2010 third quarter. Financial highlights for the quarter included: Revenue of $1.3 billion, an increase of 1% compared to last year's third quarter Constant currency adjusted revenue increase of 3% Restructuring...
-
CSG Systems Reports Third Quarter EPS of $.59
Tuesday, October 26, 2010 - 4:01pm | 277CSG Systems International, Inc. (Nasdaq: CSGS) today reported results for the quarter ended September 30, 2010. Key Financial Highlights: Results for the quarter ended September 30, 2010, were as follows: Total revenues were $133.7 million, an increase of seven percent over the same period in...
-
Earnings Scheduled For October 26 (DD, DV, BMY, COH, MCK, AFL, DWA, FIS, X, F, NBR, VLO, MHP, SHW, LXK, BRCM, KMB, WU, UA)
Tuesday, October 26, 2010 - 4:39am | 412DuPont (NYSE: DD) is expected to post its Q3 EPS at $0.33. DeVry (NYSE: DV) is likely to report its FQ1 earnings of $0.95 per share. Bristol-Myers Squibb & Co (NYSE: BMY) may post its Q3 earnings at $0.53 per share. Coach Inc (NYSE: COH) is estimated to post its fiscal first-quarter earnings at...