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Jefferies Has Buy On Visa
Thursday, August 25, 2011 - 8:58am | 95Jefferies & Co. is out with a research report on Visa (NYSE: V) and it has a Buy rating and a $102 price target on shares. In a note to clients, Jefferies & Co. writes, "We continue to believe that V is well positioned to play an integral role in the payments value chain, both in terms of...
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Oppenheimer Maintains Outperform on Visa
Thursday, August 25, 2011 - 8:25am | 90Oppenheimer is out with its report today on Visa (NYSE: V), maintaining Outperform. In its report, Oppenheimer writes, "We believe V's valuation at <15x our CY12E of $5.99 is extremely attractive, and we anticipate multiple expansion as investors increasingly focus on core fundamentals. We are...
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Morgan Stanley Equalweight On Computer Sciences
Thursday, August 25, 2011 - 8:11am | 163Morgan Stanley is out with a research report on Computer Sciences Corporation (NYSE: CSC) and it has an Equal-Weight rating on shares. In a note to clients, Morgan Stanley writes, "Today's announcement that CSC has reached an agreement in principle with the US government over its longstanding...
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UPDATE: epay Announces Partnership with Zynga to Distribute Zynga Game Cards Across Europe
Wednesday, August 24, 2011 - 1:04pm | 174epay, a division of Euronet Worldwide, Inc. (NASDAQ: EEFT) today announced a partnership with social games developer Zynga to enable consumers to purchase Zynga Game Cards through epay's cash load network. The service will be offered in 18 countries across Europe, making it the first time Zynga...
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Earnings Roundup
Wednesday, August 24, 2011 - 9:20am | 1034Toll Brothers Inc (NYSE: TOL) reported a higher Q3 profit, but narrowed its home delivery outlook for the year. Toll Brothers reported its quarterly earnings at $42.1 million, or $0.25 per share, up from $27.3 million, or $0.16 per share, in the year-ago period. Excluding items, Toll Brothers'...
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UPDATE: Hanwha SolarOne Swings To Q2 Loss
Wednesday, August 24, 2011 - 8:15am | 91Hanwha SolarOne Co (NASDAQ: HSOL) swung to a quarterly loss on Wednesday. Hanwha SolarOne's net loss attributable to common shareholders came in at $10.7 million, or $0.13 per American Depository Share (ADS), versus a profit $40.2 million, or $0.53 per ADS, in the year-ago period. Excluding items...
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CSC Announces Settlement of its Claims with U.S. Government
Wednesday, August 24, 2011 - 8:03am | 88CSC (NYSE: CSC) announced it has reached an agreement in principle with the United States Government in its dispute of contract claims asserted under the Contract Disputes Act of 1978. The case has been pending before the Armed Services Board of Contract Appeals. On November 19, 2010 the Government...
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CSC Announces Settlement of its Claims with U.S. Government; Estimates One-Time Charge of $1.15 per Share
Wednesday, August 24, 2011 - 8:01am | 176CSC (NYSE: CSC) announced it has reached an agreement in principle with the United States Government in its dispute of contract claims asserted under the Contract Disputes Act of 1978. The case has been pending before the Armed Services Board of Contract Appeals. On November 19, 2010 the Government...
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J.P. Morgan Resumes Coverage On Fidelity National Information Services
Wednesday, August 24, 2011 - 7:59am | 166J.P. Morgan Chase & Co. is out with a research report on Fidelity National Information Services (NYSE: FIS) and is resuming coverage with an Underweight rating and a $30 price target. In a note to clients, J.P. Morgan Chase & Co. writes, "Our rating is a relative call, allowing us to...
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Morgan Stanley Maintains Overweight on Visa
Wednesday, August 24, 2011 - 7:53am | 121Morgan Stanley is out with its report today on Visa (NYSE: V), maintaining Overweight. In its report, Morgan Stanley writes, "Our recent site visit with V's management team reinforced our view that the company remains highly focused on remaining a leading player in the evolving world of emerging...
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J.P. Morgan Overweight On Visa
Wednesday, August 24, 2011 - 7:52am | 183J.P. Morgan Chase & Co. is out a research report on Visa (NYSE: V) and it has an Overweight rating and a $101 price target. In a note to clients, J.P. Morgan Chase & Co. writes, "Yesterday, Visa hosted a technology day, showcasing its new state of the art data center and updated innovation...
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Top 4 Mid-Cap Stocks In The Information & Delivery Services Industry With The Highest Cash
Wednesday, August 24, 2011 - 4:17am | 135Below are the top mid-cap information & delivery services stocks on the NYSE and the NASDAQ in terms of cash. Morningstar Inc (NASDAQ: MORN) had $430.24 million in total cash and no debt for the latest quarter. DST Systems Inc (NYSE: DST) had $407.50 million in total cash and $1.16 billion in...
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MasterCard Names Andrea Forster Corporate Controller and Principal Accounting Officer
Tuesday, August 23, 2011 - 12:06pm | 48MasterCard Incorporated (NYSE: MA) today announced the appointment of Andrea Forster as Corporate Controller and Principal Accounting Officer, effective immediately. John Sulca, who held the role on an interim basis since May 25, 2011, will continue as Assistant Controller of the company.
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Chairman Art Weinbach to Retire From Broadridge's Board
Tuesday, August 23, 2011 - 8:04am | 61Arthur F. Weinbach, Chairman, has informed the board of directors of Broadridge Financial Solutions, Inc. (NYSE: BR) that he will retire as a director of Broadridge, effective after the company's 2011 annual meeting of stockholders. The board will elect an independent Chairman from among its...
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Kellogg Company and Alliance Data's Epsilon Business Enter Agreement to Enhance CRM Initiatives
Tuesday, August 23, 2011 - 7:31am | 135Kellogg Company (NYSE: K) has partnered with Epsilon, a subsidiary of Alliance Data Systems Corporation (NYSE: ADS) to help enhance Kellogg's CRM activities. Under the terms of the new agreement, Epsilon will build and host a global real-time consumer web portal and preference engine where...