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Respectable Quarter for Dr Reddy's - Analyst Blog
Monday, October 25, 2010 - 11:57am | 339Dr Reddy's Laboratories (RDY) reported second quarter fiscal 2011 earnings per American Depository Share (ADS) of 40 cents compared with earnings of 30 cents in the year-ago period. Higher gross margin led to an increase in earnings. Revenues The company reported quarterly revenues of $420...
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U.S. Bank and Kroger Partner to Provide Rewards
Monday, October 25, 2010 - 11:30am | 176U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB) and The Kroger Co. (NYSE: KR) today announced that U.S. Bank will issue credit cards and reloadable prepaid debit cards with rewards. Customers who shop at Kroger's family of stores – including Ralphs, Fred Meyer, Fry's, King Soopers, Dillons, QFC...
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Zacks Analyst Blog Highlights: American Express Company, Capital One Financial Corporation, Discover Financial Services, Visa and MasterCard - Press Releases
Monday, October 25, 2010 - 10:30am | 1589For Immediate Release Chicago, IL – October 25, 2010 – Zacks.com Analyst Blog features:American Express Company (AXP), Capital One Financial Corporation (COF), Discover Financial Services (DFS), Visa Inc. (V) and MasterCard Inc. (MA). Get the most recent insight from Zacks Equity Research with the...
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Goldman Positive on Genpact (G)
Monday, October 25, 2010 - 9:30am | 158Goldman Sachs is out with a research report this morning, where it gets incrementally more positive on Genpact Ltd. (NYSE: G), citing their forecast that offshore BPO names will see a 14% increase in revenues in the second half of 2010. The GS analysts said that they believe Genapct's prospects...
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Benzinga's Top Upgrades (NVTL, SWIR, RRI, ADS)
Monday, October 25, 2010 - 8:04am | 162Novatel Wireless Inc (NASDAQ: NVTL) was upgraded by BMO Capital from “market perform” to "outperform." NVTL's shares closed at $10.76 on Friday. Shares of Novatel Wireless have moved up 35.01% year-to-date. BMO Capital upgraded Sierra Wireless Inc (NASDAQ: SWIR) from "market perform" to "outperform...
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RBC Capital Markets Upgrades ADS To Outperform
Monday, October 25, 2010 - 7:55am | 45Analysts at RBC Capital Markets upgrade Alliance Data Systems Corporation (NYSE: ADS) from "sector perform" to "outperform." ADS's shares gained 1.20% to close at $64.24 on Friday. More Analyst Ratings here
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Updated Position (plus some insight as to why and what for)
Sunday, October 24, 2010 - 11:09pm | 2602Remember that trader in Reminiscences, the guy who impresses Livermore by always always always holding onto his position, while traders all around are trying to pick tops and selling, because, "...after all, it's a bull market." Well, let me tell you, I was rat-jack prepared for last week's...
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MasterCard Completes Acquisition of DataCash Group plc for $526M
Friday, October 22, 2010 - 10:47am | 39MasterCard Incorporated (NYSE: MA) announced today that it has completed its acquisition of DataCash Group plc, at a price of 360 pence per share in cash, representing £334 million (US$526 million) in aggregate.
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MoneyGram International into Agreement with Online Resources
Friday, October 22, 2010 - 10:05am | 85MoneyGram International (NYSE: MGI) announced an agreement with Online Resources Corporation to offer same-day cash payment services from any MoneyGram U.S. agent location to Online Resources billers. Under the agreement, MoneyGram's walk-in, cash ExpressPayment® service, which is accessible by...
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Glaxo Misses by a Penny - Analyst Blog
Friday, October 22, 2010 - 9:33am | 625GlaxoSmithKline plc (GSK) reported third quarter earnings of 87 cents per American Depository Share (ADS), a penny below the Zacks Consensus Estimate and well below the year-ago earnings of 93 cents. Revenues, which came in at $10,636 million, exceeded the Zacks Consensus Estimate of $10,406...
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Visa Hikes Dividend by 20% - Analyst Blog
Thursday, October 21, 2010 - 4:30pm | 380Yesterday, the leading card payment processing company, Visa Inc. (V), announced that it has increased its quarterly dividend by a substantial magnitude of 20%, thereby increasing it to 15 cents from 12.5 cents. The newly raised dividend will be paid on December 7, 2010, to the company's Class A,...
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Broadridge Files Letters on Proxy System
Thursday, October 21, 2010 - 3:29pm | 872Broadridge Financial Solutions, Inc. (NYSE: BR) today announced it has filed several letters in response to the Securities and Exchange Commission's Concept Release on the Proxy System. In its four letters, the company provided a wide-range of in-depth information, including statistical data,...
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Total System Beats, Raises Outlook - Analyst Blog
Thursday, October 21, 2010 - 11:33am | 920Yesterday, Total System Services Inc. (TSS) reported third quarter operating net income of $52.2 million or 25 cents per share as opposed to $58.6 million or 30 cents per share in the year-ago quarter. However, earnings were well ahead of the Zacks Consensus Estimate of 23 cents per share....
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Alliance Data Beats Estimates - Analyst Blog
Thursday, October 21, 2010 - 10:03am | 937Alliance Data Systems Corporation(ADS) reported adjusted earnings of $1.55 cents per share for third-quarter 2010, beating the Zacks Consensus Estimate of $1.39 by 16 cents. Results also increased 31% year over year and exceeded the company's guidance of $1.52. Adjusted net income for the quarter...
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Unconfirmed Rumors that Western Union Co. (WU) will be taken private by management at $25.00 a share
Thursday, October 21, 2010 - 10:02am | 23Unconfirmed Rumors that Western Union Co. (WU) will be taken private by management at $25.00 a share..