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Notable Call Options Activity in Lender Processing Services
Monday, March 5, 2012 - 11:50am | 106Shares of Lender Processing Services (NYSE: LPS) are lower on the session by 2.60%, currently trading at $21.69. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike...
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LML Agrees to Settle Litigation With Deutsche Bank
Thursday, March 1, 2012 - 4:10pm | 121LML Patent Corp. a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (Nasdaq: LMLP), announced today that it has agreed to terms regarding entering into a Settlement and License Agreement with Deutsche Bank (NYSE: DB) Trust Company Americas with respect to litigation filed by LML in the...
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LPS Extends its Streamlined Settlement Program Supporting HARP 2.0
Monday, February 27, 2012 - 5:32pm | 39Lender Processing Services, Inc. (NYSE: LPS) today announced that its LSI Title Division is extending its Streamlined Settlement solution to help lenders meet the Home Affordable Refinance Program 2.0 agency program guidelines.
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Ebay's CEO John Donahoe Appears on CNBC, Talks X.Commerce and Europe
Monday, February 27, 2012 - 10:35am | 285Ebay's (NASDAQ: EBAY) CEO John Donahoe appeared on CNBC this morning and talked about the prospects for his company. He stated that Ebay, via Paypal, planned to appear in 10-15 retailers this year, more next year, and then the company planned to go global the following year. When asked by CNBC's...
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UPDATE: Deutsche Bank Raises PT to $465 on MasterCard
Friday, February 24, 2012 - 11:02am | 101Deutsche Bank increases its price target on Buy-rated MasterCard (NYSE: MA) to $465 (up $50) following a better read post a meeting with senior company management. Deutsche Bank says, "We believe global transaction growth remains solid, spurred by adoption of electronic payments and market share...
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UPDATE: DA Davidson Raises Target to $22 on Lender Processing Services
Wednesday, February 15, 2012 - 12:24pm | 111DA Davidson maintains its Neutral rating on Lender Processing Services (NYSE: LPS) and raises its price target by $2 to $22 on increased estimates given potential catalysts from last week's bank settlement related to mortgages. DA Davidson says, "We are lowering our Q1 estimates (mainly to...
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Earnings Scheduled For February 13
Monday, February 13, 2012 - 6:03am | 495Alexander & Baldwin Inc (NYSE: ALEX) is estimated to post its Q4 EPS at $0.25 on revenue of $424.90 million. Diebold Incorporated (NYSE: DBD) is projected to report its Q4 earnings at $0.84 per share on revenue of $837.7 million. Health Management Associates Inc (NYSE: HMA) is expected to...
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Is Lender Processing Services Topped Out?
Tuesday, February 7, 2012 - 4:06pm | 238Shares of Lender Processing Services (NYSE: LPS) are trading lower on the session at 127%, at $19.47. The stock spiked to an intra-day high of $20.13 earlier I the session before being sold down hard. LPS has been downward trending throughout the session since that pop. Given the recent move in...
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Notable Call Options Activity in Lender Processing Services
Tuesday, February 7, 2012 - 1:18pm | 106Shares of Lender Processing Services (NYSE: LPS) are higher on the session by 0.92%, currently trading at $19.90. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike...
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MasterCard Board of Directors Announces Increase in Quarterly Dividend of 100%
Tuesday, February 7, 2012 - 12:48pm | 69MasterCard Incorporated (NYSE: MA) today announced that its Board of Directors has increased the company's quarterly cash dividend to 30 cents per share, an increase of 100 percent over the previous dividend level of 15 cents per share. The cash dividend will be paid on May 9, 2012, to holders of...
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Could Low Consumer Spending Hurt Visa?
Monday, February 6, 2012 - 3:47pm | 470In 2011, credit card giant Visa (NYSE: V) saw a recovery in earnings thanks in part to a greater use of credit and debit cards in domestic and international markets. Worldwide, the increased use in plastic has in part offset a slowdown in personal spending, while extra incentives have also...
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US Stock Futures Flat; All Eyes On Jobless Claims Data
Thursday, February 2, 2012 - 7:34am | 479US stock futures are flat this morning, ahead of jobless claims data. Futures for the Dow Jones Industrial Average gained 1 point to 12,654.00 and S&P 500 index futures rose 0.20 points to 1,320.00. Nasdaq 100 futures gained 0.50 points to 2,488.00. US stocks closed higher on Wednesday, with...
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Earnings Scheduled For February 2
Thursday, February 2, 2012 - 5:06am | 508Sara Lee Corporation (NYSE: SLE) is expected to report its Q2 EPS at $0.25 on revenue of $2.14 billion. New York Times Company (NYSE: NYT) is projected to report its Q4 earnings at $0.41 per share on revenue of $646.5 million. Penn National Gaming Inc (NASDAQ: PENN) is expected to report its Q4...
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MasterCard and KeyBank Extend and Enhance Long-Standing Debit Relationship
Wednesday, February 1, 2012 - 9:30am | 109MasterCard (NYSE: MA) today announced a new multi-year contract with KeyBank to deliver industry-leading debit payment solutions and processing capabilities. As a result, Key will continue to provide its consumer and business customers with a safe, simple and secure experience every time they use...
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VeriFone Systems up 8.4% on Positive Report by JP Morgan
Tuesday, January 31, 2012 - 11:22am | 106VeriFone Systems (NYSE: PAY) is trading higher on the session following a positive report by JP Morgan. The analyst note suggests that Mastercard's (NYSE: MA) electronic payments roadmap is bullish for VeriFone. In the report, JP Morgan says, "This announcement is clearly a positive for the POS...