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StarTek Announces Expansion to Honduras
Wednesday, July 13, 2011 - 3:45pm | 73StarTek (NYSE: SRT) announced today the signing of a lease for a new contact center in San Pedro Sula, Honduras. The center is expected to open late in the third quarter of 2011. The center is located in the Altia Business Park in San Pedro Sula. The city of over 800,000 is home to seven...
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LML Settles Litigation With Northern Trust; Will Receive $1.25M
Wednesday, July 13, 2011 - 9:32am | 134LML Patent Corp., a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (Nasdaq: LMLP) announced today that it has agreed to the terms of a Settlement and License Agreement with The Northern Trust Company and Northern Trust Corporation (NASDAQ: NTRS) with respect to litigation filed by...
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UPDATE: Bank of America Merrill Lynch Raises PO on DST Systems to $64
Wednesday, July 13, 2011 - 7:54am | 116Bank of America Merrill Lynch is out with its report today on DST Systems (NYSE: DST), raising its PO from $54 to $64. In a note to clients, Bank of America Merrill Lynch writes, "We believe DST mgt and Bd are ultimately on the same page as shareholders in terms of their desire to maximize...
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Rotational Trading: Reduce Trades & Improve Returns
Wednesday, July 13, 2011 - 7:46am | 779With this post I want to share some research I've done in the area of rotational trading (RT). In RT systems stocks or ETFs are ranked according to one or more properties. You ride the best stocks as long as they are among the best stocks, then you change horses and go again. So far so good....
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Bank of America Raises PO On DST Systems To $64
Wednesday, July 13, 2011 - 6:32am | 28Bank of America has raised the price objective on DST Systems (NYSE: DST) from $54 to $64 and maintains its Buy rating.
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Sinophil Corporation (SINO) – Next To Break Out?
Wednesday, July 13, 2011 - 4:47am | 632Sinophil Corporation or SINO in the Philippine Stock Exchange discretely went up today by 3.75% to PHP0.415 when most of the action were in the mining companies such as Manila Mining Corporation (MA), Philex Mining Corporation (PX) and Oriental Peninsula Resources Group, Inc (ORE). Personally, I...
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TeleTech Appoints Judi Hand as Chief Sales Officer
Tuesday, July 12, 2011 - 4:47pm | 53TeleTech Holdings, Inc. (NASDAQ: TTEC) today announced that it has appointed Judi Hand as Executive Vice President and Chief Sales Officer. Ms. Hand will be assuming the responsibilities of Joe Bellini, effective July 22, 2011. Mr. Bellini has resigned from the Company to pursue other business...
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Pacific Pride Forms New Relationship with Redding Oil Company
Tuesday, July 12, 2011 - 8:10am | 65Pacific Pride Services, LLC, a subsidiary of Wright Express Corporation (NYSE: WXS), today announced a new relationship with Redding Oil Company to open a Pacific Pride franchise in Red Bluff, CA. The new site, located at 782 Antelope Blvd, joins a network that offers drivers access to over 1,000...
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Global Reinsurer Chooses Java Versions of CSC's POINT IN and AWD for its North American Property & Casualty Operations
Tuesday, July 12, 2011 - 8:07am | 85CSC (NYSE: CSC) today announced that Swiss Re, one of the world's largest and most diversified reinsurers based in Zurich, Switzerland, has selected multiple CSC software applications as its strategic property and casualty insurance processing platform to support its North American Corporate...
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Paychex Crosses Below 200-Day Moving Average at $30.81
Monday, July 11, 2011 - 1:20pm | 83The moving averages track the previous price action in a stock. In this case, the 200-day moving average compiles the average share price of the last 200 trading days. Perspective: Price above the average is perceived as positive while price below the average is negative. Currently, Paychex (...
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Monday's Put/Call Ratio Leaders
Monday, July 11, 2011 - 12:27pm | 78Here are today's Put/Call Ratio leaders… 1. Lender Processing Services (NYSE: LPS) 10,272 puts, 26 calls 2. Baxter International (NYSE: BAX) 3,581 puts, 264 calls 3. Arm Holdings (NASDAQ: ARMH) 9,045 puts, 1,028 calls 4. Infosys Limited (NASDAQ: INFY) 7,213 puts, 848 calls 5. HSBC Holdings (NYSE:...
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Top 4 Stocks In The Communication Equipment Industry With The Lowest PEG Ratio
Monday, July 11, 2011 - 11:23am | 108Below are the top communication equipment stocks on the NYSE, the NASDAQ and the AMEX in terms of PEG ratio. Comtech Telecommunications Corp (NASDAQ: CMTL) has a PEG ratio of 0.37. CMTL's trailing-twelve-month ROE is 10.23%. Iteris Inc (AMEX: ITI) has a PEG ratio of 0.46. ITI's trailing-twelve-...
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Goldman Sachs Raises Price Target On Global Payments
Monday, July 11, 2011 - 7:37am | 120According to Goldman Sachs, Global Payments (NYSE: GPN) 12-month price target is raised. Goldman Sachs said that, following the release of the Fed's final rules on debit interchange (6/29), and reflecting continued strong consumer activity as noted in this week's reported same-store sales, it is...
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 5:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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A Closer Look At Visa And MasterCard
Friday, July 8, 2011 - 2:35pm | 480Last week, the Federal Reserve issued a final rule on establishing standards for debit card interchange fees as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The finalized rule will cap debit card fees at $0.21 to $0.24 per transaction for banks with more than $10...