Data Processing & Outsourced Services

Fastenal (NASDAQ: FAST) is currently trading at $68.47, which is above the previous 52-week high of $66.78. W.W. Grainger (NYSE: GWW) is currently trading at $143.86, which is above the previous 52-week high of $142.32. St. Jude Medical (NYSE: STJ) is currently trading at $53.63, which is above...

TeleTec Holdings (NASDAQ: TTEC) kicked off its analyst day in New York City, reiterating guidance and setting longer term targets through 2014, which suggests a steady upward trajectory both on the top line and margins. TTEC reiterated its FY11 outlook of 5-6% revenue growth and 8.5-9.5% operating...

Shares of Genpact Ltd (NYSE: G) gained about 2.7% after the company announced its plans to buy consulting and IT services group Headstrong Corp. for $550 million in cash. The transaction is likely to close by the end of May. Shares of Monsanto Co (NYSE: MON) fell about 0.5% after the company...

Visa Inc. (NYSE: V) today announced that on March 31, 2011, it had deposited $400 million into the litigation escrow account previously established under the Company's retrospective responsibility plan. Under the terms of the Plan, the $400 million deposit has the effect of a repurchase by the...

Visa Deposits $400M Into Escrow Account For Litigation (NYSE: V)

Federal Reserve Chairman Ben Bernanke has been unsuccessful in his effort to end a lawsuit broght by TCF National Bank which challenges the legality of forthcoming rules designed to limit the fees that the largest U.S. banks can charge merchants for debit card transactions. U.S. District Judge...

TeleTech Holdings, Inc. (NASDAQ: TTEC) today announced its long-term financial goals, including 2014 revenue and operating margin targets. As outlined earlier this year, TeleTech estimates 2011 revenue will grow approximately 5 to 6 percent over 2010 revenue, and full year 2011 operating margin...

Fiserv (NASDAQ: FISV), the leading global provider of financial services technology solutions, and Cardlytics, the leader of transaction marketing, have partnered to deliver merchant-funded rewards through Corillian Online, an integrated banking, payment and personal financial management solution...

J.P. Morgan recently released a report detailing what many people already know: this weekend millions of people were notified via email that their names and contact information had been acquired illegally by hackers of Alliance Data's (NYSE: ADS) permission-based email system within the Epsilon...

Below are the top business equipment stocks on the NYSE in terms of earnings estimate for the next year. The earnings estimate for Diebold Incorporated (NYSE: DBD) for the next year ending December, 2012 is $2.31 per share. DBD's trailing-twelve-month revenue is $2.82 billion. Pitney Bowes Inc (...

Below are the top mid-cap business services stocks on the NYSE and the NASDAQ in terms of dividend yield. R.R. Donnelley & Sons Company (NASDAQ: RRD) has a dividend yield of 5.60%. RRD's shares closed at $19.01 on Friday. Cintas Corporation (NASDAQ: CTAS) has a dividend yield of 1.70%. CTAS'...

CSC (NYSE: CSC) today announced it has signed an agreement to acquire all of the outstanding equity of iSOFT Group Limited. The offer to iSOFT shareholders is at A$0.17 per share in cash. Closing of the transaction is expected during CSC's Q2FY12, and is subject to various conditions, including,...

Oppenheimer is maintaining its Perform rating on Global Payments Inc. (NYSE: GPN) and believes the shares are “relatively fairly valued.” “3Q:FY11 EPS from operations of $0.63 were in line with our estimate ($0.01 below the Street),” Oppenheimer writes. “Stronger than expected revenue (~$10M above...

Wells Fargo has revised up earnings estimates on CarMax (NYSE: KMX), American Water Works Company (NYSE: AWK), Bill Barrett (NYSE: BBG), First Horizon National (NYSE: FHN), Quest Diagnostics (NYSE: DGX) and Global Payments (NYSE: GPN). It has revised down estimates on DryShips (NASDAQ: DRYS),...

KBW has issued a report reiterating the Market Perform Rating on Global Payments (NYSE: GPN). According to the report, "Following Global Payments' F3Q11 (C1Q11) earnings results, we are maintaining our F2011 and F2012 EPS estimates of $2.73 and $3.03, respectively. We are also maintaining our...