Data Processing & Outsourced Services

Some of the stocks that may grab investor focus today are: Wall Street expects Men's Wearhouse Inc (NYSE: MW) to report its Q1 EPS at $0.49 on revenue of $577.28 million. MW shares gained 0.13% to $30.85 in after-hours trading. Hovnanian Enterprises Inc (NYSE: HOV) reported its second-quarter...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Ways Your Job Costs You, And How to Save Holding a full-time job is the only way most can earn a paycheck and make ends meet. The catch is that the very act of working is costing you in ways that go far beyond...

Fiserv, Inc. (NASDAQ: FISV) announced today that it had commenced a public offering of its senior notes, subject to market and other conditions. Fiserv intends to use the net proceeds of the offering to fund a tender offer for any and all of its $1.0 billion aggregate principal amount of 6.125%...

CSC (NYSE: CSC) today announced it has acquired VIXIA Consultoria e Tecnologia Ltda., a São Paulo-based IT services firm focused on providing core operational software, business consulting and systems integration services to leading insurance, reinsurance and financial institutions in Brazil. The...

Robbins Geller Rudman & Dowd LLP today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Eastern District of Virginia on behalf of purchasers of Computer Sciences Corporation (NYSE: CSC) common stock during the...

Shares of Paychex, Inc. (NASDAQ: PAYX) are lower on the session by 1.50%, currently trading at $30.76. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...

This is your Benzinga news summary and trader's outlook for Friday, June 3, 2011, covering headlines from last night and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are showing losses after disappointing employment data was announced at 8:30 a.m. ET. Non-...

Citi is out with its report today on Fiserv (NASDAQ: FISV), reiterating Buy. In a note to clients, Citi writes, "We reiterate our Buy (1M) rating and $75 target price for FISV (15X 2012E EPS). We believe FISV is well-placed to have a solid 2H-2011 performance, with revenue growth and EPS safely in...

BGB Securities has raised the price target on Convergys Corporation (NYSE: CVG) from $18 to $19 and maintains its Buy rating.

According to Goldman Sachs, Convergys (NYSE: CVG) announced that it will sell its holdings in Cincinnati SMSA and Cincinnati SMSA Tower Holdings (“cellular partnerships”) to AT&T for approximately $320 mn in cash ($250 mn net of tax). Goldman Sachs said that the company noted that the sale...

Goldman Sachs, which raised its PT on shares of VeriFone Systems, Inc (NYSE: PAY), is providing some color on the stock. “PAY reported revenue of $292mn vs. our/consensus $284mn/$285mn and management-defined EPS of $0.46 vs. our/consensus $0.43,” Goldman Sachs writes. “We raise our mgmt-def....

Deutsche Bank is out with a research report on payment services, including Mastercard (NYSE: MA) and Visa (NYSE: V). It has Buy ratings on both of them. It has a $330 price target on Mastercard and a $105 price target on Visa. In a note to clients, Deutsche Bank writes, "We provide some thoughts...

Citi Investment Research has a Buy rating and a $17 price target on shares of Convergys Corp (NYSE: CVG). In a note to clients, Citi writes, "Convergys announced that it will sell its holdings in the "cellular partnerships" located in the Cincinnati metropolitan area to AT&T for approximately...

Goldman Sachs has published a research report on Convergys Corporation (NYSE: CVG) after the company's announcement to sell its holdings in Cincinnati SMSA after market close yesterday. In the report, Goldman writes, "After the close (6/2/11), CVG announced that it will sell its holdings in...

Goldman Sachs has raised the price target on VeriFone Systems (NYSE: PAY) from $45 to $46 and maintains its Neutral rating.