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Cass Information Systems Reports Q1 EPS of $0.60
Monday, April 18, 2011 - 8:13am | 51Cass Information Systems, Inc. (NASDAQ: CASS) reported record first quarter 2011 earnings of $.60 per diluted share, a 20% increase compared to the $.50 per diluted share it earned in the first quarter of 2010. Net income for the period was $5.7 million, compared to $4.7 million in 2010. Revenues...
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StarTek Guides Q1 EPS of $0.16-0.18; Revenue $59-60M (SRT)
Monday, April 18, 2011 - 8:11am | 19StarTek (NYSE: SRT) Guides Q1 EPS of $0.16-0.18; Revenue $59-60M.
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Piper Jaffray Comments On Improving Credit Trends
Monday, April 18, 2011 - 7:14am | 247Piper Jaffray tracks master trust loan data from primary credit card issuers which combined account for roughly 37% of revolving credit outstanding. It monitors American Express (NYSE: AXP), Capital One (NYSE: COF), Discover Financial (NYSE: DFS), Citigroup (NYSE: C), Bank of America (NYSE: BAC),...
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MoneyGram International Announces Completion of Syndication Process for $540M Senior Secured Credit Facility
Friday, April 15, 2011 - 11:52am | 86MoneyGram International, Inc. (NYSE: MGI) today announced that the syndication process has been completed for its new $540 million senior secured credit facility consisting of a $150 million, five-year revolving credit facility and a $390 million, six-year term loan. The net proceeds from the...
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MasterCard Completes Acquisition of Travelex's Prepaid Card Program Management Assets
Friday, April 15, 2011 - 8:32am | 86MasterCard Incorporated (NYSE: MA) announced today that it has completed its acquisition of the prepaid Card Program Management operations of Travelex, at the terms previously announced. The acquisition of Travelex's CPM operations furthers MasterCard's strategic business goals and strengthens...
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Alliance Data Reports March Private Label Performance Update
Friday, April 15, 2011 - 7:51am | 35Alliance Data Systems Corporation (NYSE: ADS) today provided an update on its Private Label segment. Average receivables: March $ 4.82B Three Months: $ 4.96B Net charge-offs: March $ 29,400,000 Three Months: $ 98,030,000
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Benzinga's Top Downgrades (MA, URBN, CSCO, GOOG)
Friday, April 15, 2011 - 7:48am | 129Mastercard Incorporated (NYSE: MA) was downgraded by Susquehanna from "positive" to "neutral." MA's shares closed at $268.87 yesterday. Mastercard's trailing-twelve-month profit margin is 33.33%. Jefferies downgraded Urban Outfitters Inc (NASDAQ: URBN) from “hold” to “underperform.” URBN's stock...
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Oppenheimer Maintains Perform on Lender Processing Services (LPS)
Thursday, April 14, 2011 - 7:59am | 70Oppenheimer is out with its report on Lender Processing Services (NYSE: LPS), maintaining Perform. In a note to clients, Oppenheimer writes, "Beyond regulatory uncertainties, foreclosure starts and origination headwinds could pressure revenue prospects near term. Valuation remains low at 8.2x...
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Susquehanna Downs GPN To Neutral
Thursday, April 14, 2011 - 6:30am | 40Analysts at Susquehanna downgrade Global Payments Inc (NYSE: GPN) from “positive” to “neutral.” GPN shares gained 0.25% to close at $52.43 yesterday. More Analyst Ratings here
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Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (PG, RTN, ARRS, BTU, TRGL, NG, PAY, CSCO, EMC, MDT, GGC)
Thursday, April 14, 2011 - 12:56am | 354On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Procter & Gamble (NYSE: PG) is “at a level that I'm really interested in. You need to buy in at the right level and get out at the right level. I'd pull the trigger." For Raytheon (NYSE: RTN), he said, "I think you wait a...
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MasterCard Hits 52-Week High (MA)
Wednesday, April 13, 2011 - 2:33pm | 32MasterCard (NYSE: MA) has hit a 52-week high in today's trading. At last check, the year-to-date performance of MasterCard has been a gain of 20.3%.
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CSC Announces $348 Million IT Services Contract Extension with Tryg (CSC)
Wednesday, April 13, 2011 - 9:01am | 89CSC (NYSE: CSC) today announced that it has signed a seven-year information technology outsourcing contract renewal with Tryg, the second-largest insurance company in the Nordic region. The new agreement expands the scope of the existing contract to include new services and extends to include Tryg'...
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RW Baird Ups EXLS To Outperform
Wednesday, April 13, 2011 - 6:36am | 51Analysts at RW Baird upgrade ExlService Holdings Inc (NASDAQ: EXLS) from “neutral” to “outperform.” The target price for EXLS has been raised from $23 to $24. EXLS shares fell 3.85% to close at $18.97 yesterday. More Analyst Ratings here
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Cheaper Kindle, Tarnished Reading Experience? (AMZN)
Tuesday, April 12, 2011 - 3:41pm | 561Once upon a time, when consumers paid for entertainment, they only paid once. Believe it or not, we could actually go to the movies, hand over the admission fee, and enjoy a couple hours of commercial-free entertainment. Crazy concept, wouldn't you say? Advertisers would. They jump at the chance...
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Mastercard Insiders Bought Back 3.15M Shares For $788M (MA)
Tuesday, April 12, 2011 - 10:06am | 80Mastercard (NYSE: MA) Insiders Bought Back 3.15M Shares For $788M As Of April 11. MasterCard Incorporated today announced that its Board of Directors has amended its existing share repurchase program authorizing the Company to repurchase an incremental $1.0 billion of its Class A common stock in...