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Goldman Maintains Buy On Mastercard (MA)
Thursday, September 16, 2010 - 8:03am | 131Goldman Sachs is maintaining its $250 price target and Buy rating on Mastercard (NYSE: MA), after the company hosted an analyst/investor meeting. In the research note, Goldman writes, "Following today's analyst/investor meeting and management's updated long-term targets through 2013, we are raising...
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Company News for September 15, 2010 - Corporate Summary
Thursday, September 16, 2010 - 7:33am | 656• MasterCard's (NYSE: MA) board approved repurchase of up to $1 billion of its Class A common shares • Needham & Co. maintained its "buy" rating on Varian Semiconductor (NASDAQ: VSEA), but lowered the price target to $32 from $35 • Citigroup (NYSE: C) initiated coverage of General Electric (...
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CSGS Looking To Make Acquisitions
Thursday, September 16, 2010 - 6:50am | 107CSG Systems International, Inc. (NASDAQ: CSGS) is open to potential acquisitions, for both a technology purchase or to gain relationships with subscribers, JP Morgan reports. The company is also open to entertainment or video acquisitions. According to JP Morgan, the subscriber base in cable and...
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MasterCard Sanctions $1B Buy-Back - Analyst Blog
Wednesday, September 15, 2010 - 4:03pm | 572On Tuesday, the board of the global payment solution giant, MasterCard Inc. (MA), approved and authorized the stock buy-back program worth $1 billion class A shares through open market operations. Although the approval is effective immediately, stocks will be repurchased from time to time,...
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Goldman Sachs Reiterates Buy Rating On MasterCard (MA)
Wednesday, September 15, 2010 - 3:28pm | 122In a research report released today, Goldman Sachs (NYSE: GS) has reiterated its Buy rating on shares of MasterCard (NYSE: MA). After the close of trading yesterday, MasterCard announced that it has received Board authorization for a $1 billion share buyback effective immediately. The Goldman...
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Fiserv Offers Notes - Analyst Blog
Wednesday, September 15, 2010 - 3:12pm | 342Fiserv Inc. (FISV) has priced its public offering of senior notes totaling $750 million. The notes consist of 3.125% senior notes totaling $300 million that mature in 2015 and 4.625% senior notes aggregating $450 million that mature in 2020. Credit Suisse, Wells Fargo Securities and SunTrust...
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Top Narrow Based Indexes For September 15 (MCK, MA, UEC)
Wednesday, September 15, 2010 - 12:35pm | 207By 12:18 pm, the Dow Jones Industrial Average was up 24.83 points, or 0.24%, to 10,551.32, while the broader Standard & Poor's 500 index had gained 0.68 points, or 0.06%. The NASDAQ composite index rose 6.18 points, or 0.27%. Some of the narrow based indexes that are supporting the market are...
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Mid-Day Market Movers (SVNT, CO, AUMN, G)
Wednesday, September 15, 2010 - 10:34am | 126Savient Pharmaceuticals Inc (NASDAQ: SVNT) jumped 23.17% to $18.18 at 10:19 am. Food and Drug Administration (FDA) has approved SVNT's gout drug for adults who were not getting any results from the conventional therapy. China Cord Blood Corporation (NYSE: CO) climbed 14.50% to $4.58. CO has entered...
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Stocks To Watch For September 15 (DBRN, MA, APOG, RNWK, AIR)
Wednesday, September 15, 2010 - 5:08am | 197Some of the stocks that may grab the investor focus today are: Wall Street expects Dress Barn Inc (NASDAQ: DBRN) to post its FQ4 EPS of $0.49. DBRN's shares fell 0.61% to $24.60 in after-hours trading. After the yesterday's closing bell, the board of MasterCard Inc (NYSE: MA) has authorized the...
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Computer Sciences on a Roll - Analyst Blog
Tuesday, September 14, 2010 - 8:51pm | 59This article has been unpublished. Walter, need new message. COMP SCIENCE (CSC): Free Stock Analysis Report Zacks Investment Research
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Mastercard Approves $1 Billion Buyback (MA)
Tuesday, September 14, 2010 - 5:33pm | 144Shares of Mastercard Inc. (NYSE: MA) are climbing in the after-hours by 2.11% after the company said that its board of directors has authorized a $1.0 billion stock buyback. The share repurchase authorization is effective immediately. "We're very pleased with the Board's approval of this new share...
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Paychex Rolls Out New Solution - Analyst Blog
Tuesday, September 14, 2010 - 10:21am | 579New York-based outsourcing service provider, Paychex Inc. (PAYX) announced the rollout of a new solution for filling up form 5500. The solution will come in handy for the many organizations offering retirement schemes. Form 5500 is an annual reporting requirement prescribed under the Internal...
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China UnionPay and MasterCard Sign MOU
Tuesday, September 14, 2010 - 9:53am | 80China UnionPay and MasterCard Worldwide (NYSE: MA) today announced that both parties have signed a Memorandum of Understanding (MOU) for the establishment of a mutually beneficial relationship to explore future business development. Both UnionPay and MasterCard will form working groups to discuss...
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Goldman Sachs Reiterates Buy rating on Visa (V)
Tuesday, September 14, 2010 - 9:23am | 193Goldman Sachs is out with a research report this morning, where it takes a look at Visa's (NYSE: V) recent payment volume data and what it means for the stock. The analysts are not altering their estimates, price target, or rating. The GS analysts noted that, for the month of July, US payment...
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Fiserv Announces Cash Tender Offer for up to $250,000,000
Tuesday, September 14, 2010 - 9:22am | 102Fiserv, Inc. (NASDAQ: FISV) announced today that it has commenced a tender offer to purchase for cash up to $250,000,000 aggregate principal amount of its outstanding 6.125% senior notes due 2012. The Offer will expire at 11:59 p.m., New York City time, on Tuesday, October 12, 2010, unless...