Data Processing & Outsourced Services

Pre-open movers US stock futures are lower this morning. Shares of Research in Motion Ltd (NASDAQ: RIMM) dipped about 18.75% in pre-market trading after the company reported downbeat quarterly earnings. Futures for the Dow Jones Industrial Average dipped 24 points to 11,351.00 and S&P 500 index...

LML Patent Corp., a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (Nasdaq: LMLP) announced today that it has received payment in the amount of $5,000,000 and has entered into a Settlement and License Agreement with Wells Fargo Bank, N.A. with respect to litigation filed by LML in...

Goldman Sachs is out with a research note this morning, where it suggests that traders look to gain yield in this market by turning to options strategies. Goldman's analysts see four potential ways to yield from options: 1. Turn stocks in to bonds by overlaying put-spread collars to extract...

SmartMetric, Inc. (OTC: SMME) today announced that the Company has filed a patent infringement lawsuit against smart card issuers Visa (NYSE: V) and MasterCard (NYSE: MA) in California Federal Court. SmartMetric filed the lawsuit in defense of its U.S. Patent 6,792,464 which provides patent...

Shares of Lender Processing Services (NYSE: LPS) are lower on the session by 5.08%, currently trading at $16.52. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while...

Shares of Alliance Data Systems (NYSE: ADS) are higher on the session by 1.65%, currently trading at $94.35. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago...

CSC (NYSE: CSC) announced today that the U.S. Citizenship and Immigration Services awarded the company a task order to support the agency's Office of Information Technology. The contract has a one-year base, two one-year options and an estimated total three-year value of $291 million. This work...

US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average jumped 98 points to 11,590.00 and S&P 500 index futures rose 12.30 points to 1,217.10. Nasdaq 100 futures gained 21.25 points to 2,248.25. US stocks closed higher on...

CNH Global N.V. (NYSE: CNH) +5.47 on heavy volume. NovaGold Resources Inc. (NYSE: NG) +5.45% on rising gold price. Stillwater Mining Company (NYSE: SWC) +5.80% on rising gold price. Jazz Pharmaceuticals (NASDAQ: JAZZ) +6.25% on heavy volume. Lender Processing Services (NYSE: LPS) +6.17% after...

Sterne Agee is out with a research report on Lender Processing Services Inc. (NYSE: LPS) and it has a Neutral rating on shares. In a note to clients, Sterne Agee writes, "Yesterday after the close, LPS competitor CoreLogic (CLGX - $10.97, not rated) announced that the company is exploring...

Shares of Paychex (NASDAQ: PAYX) are higher on the session by 0.42%, currently trading at $26.58. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the October...

CSC (NYSE: CSC) announced today that it has signed a five-year contract to provide information technology infrastructure managed services to Ingalls Shipbuilding, a division of Huntington Ingalls Industries (NYSE: HII). Ingalls expects to be able to attain improved access to resources and...

Oppenheimer is out with its report today on Teletech (NASDAQ: TTEC), lowering its PT to $22 from $23. In its report, Oppenheimer writes, "We are lowering our EPS estimates for FY11 and FY12, leaving revenue estimates unchanged for TTEC. Our FY11 EPS is now $1.28 vs prior $1.31. Our FY12 EPS...

Oppenheimer is out with its report today on Genpact (NYSE: G), lowering its PT to $19 from $20. In its report, Oppenheimer writes, "We are slightly revising our estimates and price target for Genpact. Our FY11 estimates are now 1.573B/$0.86 from $1.574B/$0.88. For FY12 our estimates are lowered to...

The Western Union Company (NYSE: WU) today announced the formation of Western Union Ventures, which will focus on developing new service offerings for the Company's consumers.