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Top Narrow Based Indexes For July 16
Monday, July 16, 2012 - 10:01am | 207By 10:00 am, the Dow Jones Industrial Average was down 63.12 points, or 0.49%, to 12,713.97, while the broader Standard & Poor's 500 index had dropped 7.16 points, or 0.53%. The NASDAQ composite index fell 18.25 points, or 0.63%. Some of the narrow based indexes that are still afloat in the...
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Benzinga's Top Pre-Market Gainers
Monday, July 16, 2012 - 8:15am | 149Orexigen Therapeutics (NASDAQ: OREX) surged 4.11% to $7.35 in the pre-market session. Orexigen Therapeutics shares have surged 338.51% over the past 52 weeks, while the S&P 500 index has gained 3.93% in the same period. Visa (NYSE: V) added 4.03% to $129.09 in the pre-market session. Visa,...
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Top 4 NYSE Stocks In The Business Services Industry With The Highest EPS Estimates
Wednesday, July 11, 2012 - 2:56am | 133Below are the top business services stocks on the NYSE in terms of earnings estimate for the next year. Mastercard (NYSE: MA) is likely to earn $26.07 per share in the next year ending December, 2013. Mastercard's PEG ratio is 1.00. Alliance Data Systems (NYSE: ADS) may earn $9.71 per share in...
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Market Roundup
Tuesday, July 3, 2012 - 11:27am | 204Shares of BlackRock (NYSE: BLK) gained about 2.3% after the company agreed to buy Swiss Re Private Equity Partners AG. The transaction is likely to complete by the end of the third quarter of 2012. However, terms of the transaction were not disclosed. Shares of Microsoft (NASDAQ: MSFT) gained...
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LPS Announces Acquisition of LendingSpace
Tuesday, July 3, 2012 - 8:01am | 83Lender Processing Services, Inc. (NYSE: LPS) data and analytics to the mortgage and real estate industries, today announced its acquisition of LendingSpace, a provider of mortgage loan origination software solutions. The LendingSpace technology platform will augment LPS' other origination...
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MasterCard and Deutsche Telekom Unite in European Partnership on Mobile Payments
Monday, July 2, 2012 - 7:15am | 88MasterCard (NYSE: MA) and Deutsche Telekom today announced a European partnership to enable consumers to use their mobile phones as a convenient and secure way to pay. At a press conference in Berlin today, Deutsche Telekom and MasterCard highlighted the importance of their partnership and the...
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UPDATE: Goldman Sachs Upgrades Lender Processing Services to Buy on Upcoming Multiple Expansion
Tuesday, June 26, 2012 - 10:58am | 117Goldman Sachs upgrades Lender Processing Services (NYSE: LPS) from Neutral to Buy and establishes a $27 price target on shares. Goldman Sachs comments, "We upgrade LPS to Buy as clearing legal risks and increased loan and foreclosure volume growth should fuel further multiple expansion. …...
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UPDATE: Jefferies Lowers PT on MasterCard
Wednesday, June 13, 2012 - 10:18am | 101Jefferies maintains a Buy rating for Mastercard (NYSE: MA) and lowered its price target from $521 to $507. Jefferies commented, “We recently met with MA management (CFO and IR), and emerged with our long-term optimistic view of the business and the stock reinforced. Our discussions suggested that...
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MasterCard's Board of Directors Announces $1.5 Billion Class A Share Repurchase Program
Tuesday, June 5, 2012 - 4:13pm | 113MasterCard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a cash dividend of $0.30 per share payable on August 9, 2012 to holders of record of its Class A common stock and Class B common stock as of July 9, 2012. The Board of Directors also approved a new share...
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PayAnywhere Heats Up Mobile Merchants This Summer
Thursday, May 17, 2012 - 2:58pm | 370As merchants hit the road for concerts, carnivals, festivals, and other outdoor events, PayAnywhere is ready to provide the ultimate mobile payment experience. Designed to be the premiere mobile credit card processing solution, PayAnywhere was named a CTIA Emerging Technology Awards Finalist at...
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UPDATE: Goldman Sachs Reduces PT to $475 on Mastercard on Lower Multiple
Thursday, May 17, 2012 - 9:35am | 92Goldman Sachs reduces its price target from $500 to $475 on Mastercard (NYSE: MA) as it maintains a Neutral rating on shares. Goldman Sachs notes, "We retain our Neutral rating on MA shares. There are no changes to our estimates, but we are trimming our 12-month price target to reflect limited...
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UPDATE: J.P. Morgan Lowers Mastercard's PT
Thursday, May 3, 2012 - 9:00am | 131According to a research report published this morning, J.P. Morgan has lowered Mastercard's (NYSE: MA) PT from $517 to $514. In the report, J.P. Morgan commented, "Looking beyond the modest EPS beat, we were very satisfied with a key watch item – U.S. debit share wins. MA effectively...
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Top 4 NYSE Stocks In The Business Services Industry With The Highest EPS
Thursday, May 3, 2012 - 4:02am | 121Below are the top business services stocks on the NYSE in terms of earnings per share. The trailing-twelve-month earnings per share at Mastercard Incorporated (NYSE: MA) is $14.85. MA's ROE for the same period is 34.33%. The trailing-twelve-month earnings per share at Alliance Data Systems...
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Earnings Expectations for the Week of April 30 (CMCSA, GM, KFT, V)
Sunday, April 29, 2012 - 9:02am | 1279Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) may have posted stellar results, but earnings season rolls on. Here is a quick day-by-day rundown of what analysts are expecting from some of this week's most prominent earnings reports. Monday Anadarko Petroleum (NYSE: APC) and Watson...
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UPDATE: Jefferies Raises PT to $521 on Mastercard; LT Guidance Raised
Tuesday, April 24, 2012 - 9:29am | 114Jefferies raises its price target from $436 to $521 on Buy-rated Mastercard (NYSE: MA) as the company updates its long term outlook (2012-2013). Jefferies comments, "On the 4Q earnings call, MA effectively raised its long-term (2011-2013) guidance first provided at the company's 9/15/10 Investor...