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UPDATE: J.P. Morgan Color On V Target Increase
Friday, May 6, 2011 - 8:06am | 103J.P. Morgan, which raised its PT on shares of Visa (NYSE: V), is providing some color on the stock. “We are updating our estimates for faster volume growth and a lower share count,” J.P. Morgan writes. “Our FY11, FY12 and FY13 estimates go to $4.92, $5.72 and $6.55, respectively, from $4.86, $5.52...
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Goldman Sachs Raises PT On Genpact To $17
Friday, May 6, 2011 - 8:04am | 167Goldman Sachs has raised its price target on Genpact Ltd. (NYSE: G) from $15 to $17 based on 1Q results and raises in estimates across the board. In the report, Goldman Sachs writes, “Following the set back from delayed contract ramps in 2010, solid 1Q results and an intact outlook suggest G is on...
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V Remains Morgan Stanley's Top Pick
Friday, May 6, 2011 - 8:03am | 161In a report focusing on Visa (NYSE: V), Morgan Stanley states that the company's secular and improving cyclical trends are driving to-line growth. “While solid revenue growth trends remain very encouraging, the lower A&M spend (which may discount the EPS beat to some) questions whether 62%...
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J.P. Morgan Adjusts Its FY11 And FY12 Estimates On Genpact (G)
Friday, May 6, 2011 - 7:34am | 63J.P. Morgan is adjusting its estimates on Genpact Ltd. (NYSE: G). “We're raising our FY11 and FY12 revenue/adjusted EPS estimates from $1,413M/$0.78 and $1,616M/$0.90 to $1,574M/$0.86 and $1,880M/$1.00, respectively,” J.P. Morgan writes. “Our new FY11 and FY12 organic revenue growth/adjusted...
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Top Office Equipment Stock Picks to buy on 5/6/11- XRIT, CHYR, XRX, PAY, PBI, ABD, DBD
Friday, May 6, 2011 - 6:43am | 1129X-Rite Incorporated (NASDAQ:XRIT) a technology company that develops a range of color management systems and solutions is trading at a price of $4.61, a dramatic change of -0.01 with Change% of -0.22 from its previous day's close. Currently, the company has a Market capitalization (total value of...
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Goldman Sachs Reiterates PT Of $88 And Buy On Visa (V)
Friday, May 6, 2011 - 6:39am | 160In a research report published today, Goldman Sachs left its Buy rating and $88 price target on Visa (NYSE: V) unchanged, in spite of Visa's better than expected Q1 results. In the report, Goldman states, "V reported 2QFY11 EPS of $1.23, above our and consensus estimate of $1.20 (+25%). Net...
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US Stock Futures Up As Investors Await Nonfarm-Payrolls Data; Crude Oil Futures Drop To $98.27 a barrel
Friday, May 6, 2011 - 6:33am | 524US stock futures are higher this morning, as investors are awaiting April nonfarm-payrolls data. Futures on the Dow Jones Industrial Average gained 28 points to 12,598.00 and futures on the S&P 500 stock index rose 4.30 points to 1,339.30. Nasdaq 100 futures surged 8.30 points to 2,387.50. US...
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JP Morgan Raises PT On Visa To $89
Friday, May 6, 2011 - 6:32am | 26JP Morgan has raised the price target on Visa (NYSE: V) from $85 to $89 and maintains its Overweight rating.
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JP Morgan Raises PT On Automatic Data Processing To $57
Friday, May 6, 2011 - 6:21am | 28JP Morgan has raised the price target on Automatic Data Processing (NASDAQ: ADP) from $54 to $57 and maintains its Neutral rating.
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Goldman Sachs Upgrades Total System Services To Buy, PT To $23
Friday, May 6, 2011 - 6:14am | 29Goldman Sachs has upgraded Total System Services (NYSE: TSS) from Sell to Buy and has raised the price target from $16 to $23.
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Stocks To Watch For May 6 (WPO, V, POM, AIG, CEG)
Friday, May 6, 2011 - 12:24am | 265Some of the stocks that may grab investor focus today are: Wall Street expects Washington Post Company (NYSE: WPO) to report its Q1 EPS at $4.35 on revenue of $1.06 billion. WPO shares declined 2.19% to close at $432.56 yesterday. Visa Inc (NYSE: V) reported a 24% surge in its fiscal second-...
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Visa Trades Lower on Q2 Earnings Results (V)
Thursday, May 5, 2011 - 4:47pm | 175Shares of Visa Inc. (NYSE: V) are trading lower in the after-hours following the release of its Q2 earnings results. Currently, shares are off 0.86%, trading at $78.02; they closed the regular session down 1.34%, at $78.70. The company said that its Q2 EPS came in at $1.23 on revenues of $2.25...
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Visa Beats Estimates, Shares Down In After Hours (V)
Thursday, May 5, 2011 - 4:14pm | 221Visa (NYSE: V) reported earnings of $1.23 per share on revenues of $2.25 billion, versus Wall Street estimates of $1.20 per share on $2.23 billion in revenues. The company guided full year earnings of EPS growth of 21% versus estimates of 21.2%, and revenues grew 11-15%, versus estimates of 13...
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Visa Guides FY 2011 EPS +21% vs. +21.2%; Net Revenues +11-15% vs. +13% (V)
Thursday, May 5, 2011 - 4:07pm | 19Visa Guides FY 2011 EPS +21% vs. +21.2%; Net Revenues +11-15% vs. +13% (NYSE: V)
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Visa Reports Q2 EPS of $1.23 vs. $1.20 Estimate; Revenues $2.25B vs. $2.23B Estimate (V)
Thursday, May 5, 2011 - 4:05pm | 22Visa (NYSE: V) Reports Q2 EPS of $1.23 vs. $1.20 Estimate; Revenues $2.25B vs. $2.23B Estimate