-
Bull & Bear: Visa Inc. (V)
Tuesday, May 10, 2011 - 2:05pm | 254Shares of Visa Inc. (NYSE: V) are trading higher on the session by 0.80%, at $80.50. With shares recently regaining the $80.00 level, you have to wonder where shares are heading next… Bulls: Bulls will note that shares are fast approaching the key $80.90 support/resistance level and that, if they...
-
TSYS Signs Merchant Services Agreement With Caledon Card Services
Tuesday, May 10, 2011 - 9:01am | 61TSYS (NYSE: TSS) Acquiring Solutions today announced a significant move into the Canadian merchant processing market as part of an agreement with Caledon Card Services, a payments technology provider specializing in e-commerce, tokenization and card-not-present environments. Caledon's full-service...
-
Earnings Roundup For May 10 (DF, LRN, MDC, CVLT, DEP, ITYBY, HMIN, IHG, EPD, WMG, BRGYY, TUIVY, PIKE, SZKMY, JASO)
Tuesday, May 10, 2011 - 8:49am | 865Dean Foods Co (NYSE: DF) reported a 41% decline in its first-quarter profit on Tuesday. The company reported its Q1 profit at $25.3 million, or $0.14 per share, compared with $43.2 million, or $0.24 per share, in the year-earlier period. The company's net sales increased 3% to $3.05 billion....
-
UPDATE: JA Solar Holdings Reports Upbeat Q1 Profit
Tuesday, May 10, 2011 - 7:50am | 88JA Solar Holdings Co Ltd (NASDAQ: JASO) reported upbeat quarterly profit. The company reported its Q1 net income at $71.8 million, or $0.41 per American Depositary Share (ADS), versus $0.25 per ADS, in the year-ago quarter. The company's revenue surged to $556.4 million. However, analysts were...
-
Harris Corporation Receives $19.9 Million Order from U.S. Army
Monday, May 9, 2011 - 9:01am | 50Harris Corporation (NYSE: HRS) has received a $19.9 million order from the U.S. Army for Falcon II® AN/VRC-104(V)(3) radio systems to provide high-frequency communications in multiple variants of Mine Resistant Ambush Protected vehicles.
-
Updates- GrouponLive, Softbank, Volkswagen, Wal-Mart, Toshiba, AAPL, GOOG, LYV, WMT, DYN, MCD, UAL
Monday, May 9, 2011 - 8:54am | 1894According to the BrandZ Top 100 ranking, Apple Inc., (NASDAQ:AAPL), designs, manufactures and markets a range of personal computers has overtaken Google Inc. (NASDAQ:GOOG) as the world's most valuable brand. Apple with a stock market capitalization of $319.4 billion, compared with Google's $172....
-
Zings Of The Day (V, KFT, HBC)
Friday, May 6, 2011 - 3:50pm | 145Visa Inc. (NYSE: V) reported better than expected earnings, but doubts continue about the payments network's ability to grow under regulation. I guess Visa isn't everywhere you want to be. Kraft Foods Inc (NYSE: KFT) reported better-than-expected first-quarter profits yesterday, led by price...
-
Bounce Attributed to Commodity Money Shifting into Equities 05-06-2011
Friday, May 6, 2011 - 2:38pm | 857Cusick's Corner The market bounced nicely after yesterday's slide and that can be attributed to the shifting of money in commodities over to equities, plus Private Payrolls came in much better than expected. But the dollar has firmed, emotions in the EU are starting to flow (as I write this there...
-
Deutsche Bank Has Hold Rating On WellCare Health Plans Following Earnings (WCG)
Friday, May 6, 2011 - 9:38am | 221Deutsche Bank has a Hold rating and a $41 price target on shares of WellCare Health Plans (NYSE: WCG) following the company's earnings report. In a note to investors, Deutsche Bank writes, "WCG wrapped up an excellent 1Q11 managed care earnings seasons this morning by reporting 1Q11 ops EPS of $0...
-
Morning News Summary for May 6, 2011
Friday, May 6, 2011 - 9:05am | 270Volatility in the commodities markets has taken center-stage in recent trading. A recent $5 drop in oil prices extended a 10% crash on speculation that global economic recovery will lower safe-haven demand. The improving economic outlook has pushed some investors to take profits in some of their...
-
Deutsche Bank Comments On Visa After Reporting Strong Earnings
Friday, May 6, 2011 - 8:55am | 193According to Deutsche Bank, the market may be less willing to embrace Visa's (NYSE: V) solid fundamentals from V given higher regs-related uncertainty, but it continues to believe those concerns are overstated. V remains hopeful that Durbin delay can happen, but also sounded more confident than...
-
Deutsche Bank Comments On Visa After Reporting Strong Earnings
Friday, May 6, 2011 - 8:55am | 193According to Deutsche Bank, the market may be less willing to embrace Visa's (NYSE: V) solid fundamentals from V given higher regs-related uncertainty, but it continues to believe those concerns are overstated. V remains hopeful that Durbin delay can happen, but also sounded more confident than...
-
Keefe, Bruyette & Woods Maintains Rating, PT On V
Friday, May 6, 2011 - 8:26am | 36Keefe, Bruyette & Woodsis maintaining its Outperform rating and $98 price target on Visa (NYSE: V) based on C1Q11 results and corresponding changes to estimates. V closed at $78.70 yesterday.
-
Keefe, Bruyette & Woods Ups PT On WXS To $65
Friday, May 6, 2011 - 8:20am | 36Keefe, Bruyette & Woods has raised its price target on Wright Express (NYSE: WXS) from $62 to $65 and is maintaining its Outperform rating on the stock. WXS closed yesterday at $54.13.
-
Benzinga's Top Upgrades (C, CXO, G, SFY)
Friday, May 6, 2011 - 8:11am | 129Morgan Stanley upgraded Citigroup (NYSE: C) from “neutral” to “overweight.” Citigroup's shares closed at $4.48 yesterday. Citigroup's trailing-twelve-month revenue is $61.41 billion. Citigroup upgraded Concho Resources Inc (NYSE: CXO) from “sell” to “hold.” CXO's shares closed at $94.00 yesterday...