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Benzinga's Top Upgrades
Wednesday, August 3, 2011 - 7:52am | 120FBR Capital upgraded AeroVironment Inc (NASDAQ: AVAV) from “market perform” to “outperform.” AVAV's shares closed at $28.10 yesterday. AeroVironment's PEG ratio is 1.07. Robert W. Baird upgraded Fiserv Inc (NASDAQ: FISV) from “neutral” to “outperform.” Fiserv's shares closed at $57.88 yesterday....
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Goldman Sachs Comments On Convergys 2Q EPS
Wednesday, August 3, 2011 - 7:50am | 95According to Goldman Sachs, Convergys (NYSE: CVG) reported 2Q EPS of $0.26, $0.01 above estimate. Goldman Sachs said that the variance was driven by a combination of higher revenues (+3%), a lower tax rate (80 bp), and a lower share count (2%) partially offset by a lower operating margin (-20 bp...
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Goldman Sachs Raises PT on EXLS To $26
Wednesday, August 3, 2011 - 7:39am | 27Goldman Sachs has raised the price target on ExlService Holdings (NASDAQ: EXLS) from $23 to $26 and maintains its Neutral rating.
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Citigroup Lowers PT On CSGS To $20.50
Wednesday, August 3, 2011 - 7:29am | 26Citigroup has lowered the price target on CSG Systems (NASDAQ: CSGS) from $26 to $20.50 and maintains its Buy rating.
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Citigroup Raises PT on Genpact To $18
Wednesday, August 3, 2011 - 7:27am | 25Citigroup has raised the price target on Genpact (NYSE: G) from $17.50 to $18 and maintains its Hold rating.
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US Stock Futures Up; Economic Data, Earnings In Focus
Wednesday, August 3, 2011 - 6:53am | 495US stock futures are higher this morning, as investors are economic data and earnings from major companies. Futures for the Dow Jones Industrial Average surged 50 points to 11,854.00 and S&P 500 index futures rose 6.30 points to 1,253.60. Nasdaq 100 futures gained 9.00 points to 2,297.25. US...
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US Stock Futures Up; Economic Data, Earnings In Focus
Wednesday, August 3, 2011 - 6:40am | 495US stock futures are higher this morning, as investors are economic data and earnings from major companies. Futures for the Dow Jones Industrial Average surged 50 points to 11,854.00 and S&P 500 index futures rose 6.30 points to 1,253.60. Nasdaq 100 futures gained 9.00 points to 2,297.25. US...
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JP Morgan Lowers PT On CSG Systems To $22
Wednesday, August 3, 2011 - 6:21am | 27JP Morgan has lowered the price target on CSG Systems (NASDAQ: CSGS) from $23.50 to $22 and maintains its Neutral rating.
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Earnings Scheduled For August 3
Wednesday, August 3, 2011 - 3:58am | 502Owens Corning Inc (NYSE: OC) is expected to report its Q2 EPS at $0.57 on revenue of $1.38 billion. Time Warner Inc (NYSE: TWX) is estimated to report its Q2 earnings at $0.56 per share on revenue of $6.81 billion. Comcast Corporation (NASDAQ: CMCSA) is projected to report its Q2 EPS at $0.41 on...
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Stocks To Watch For August 3
Wednesday, August 3, 2011 - 3:13am | 259Some of the stocks that may grab investor focus today are: Wall Street expects Mastercard Incorporated (NYSE: MA) to report its Q2 EPS at $4.22 on revenue of $1.55 billion. Mastercard shares gained 0.27% to $299.30 in after-hours trading. CBS Corp (NYSE: CBS) reported its Q2 profit at $395...
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 1:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Red Alert
Tuesday, August 2, 2011 - 8:35pm | 1610The equity markets ‘shit the bed' today. US investors got tattooed for $2 trillion of market cap. And this was supposed to be a good day. Talk about, “Sell on the news.” I don't think the Deciders really give a damn about stocks. It must 'smart' a bit to see the results of the day, but there is not...
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The New World Order of Global Sovereigns
Tuesday, August 2, 2011 - 6:06pm | 1082By EconMatters The U.S. debt ceiling political soap has finally come to an end. With the debt deal done, the U.S. has dodged a major bullet of a debt default, but is not out of the woods yet for a sovereign credit downgrade. The big three rating agencies are still reviewing the debt deal, and have...
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ADP Secures Multi-Year Deal With Alcoa for Sales and Use Tax Solution
Tuesday, August 2, 2011 - 9:00am | 95ADP (NYSE: ADP) today announced that Alcoa (NYSE: AA) has selected the ADP Taxware Enterprise Solutions platform for its sales and use tax process. Alcoa recognized ADP's expansive tax content, flexible tax engine and advanced technology and accordingly selected ADP's Taxware Enterprise to supply...
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Oppenheimer Reports on ExlServices Holdings
Tuesday, August 2, 2011 - 8:36am | 110Oppenheimer has published a report on ExlService Holdings Inc (NASDAQ: EXLS) reiterating the positive evaluation of the company. In the report, Oppenheimer wrote, "EXL reported better than expected June quarter results with a top line of $85M (up 40% YoY, 17% QoQ) ahead of our $80M estimate and...