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Oppenheimer Has Perform Rating Lender Processing Services (LPS)
Thursday, April 7, 2011 - 7:35am | 112Oppenheimer & Co. has a Perform rating on shares of Lender Processing Services (NYSE: LPS). In a note to clients, Oppenheimer writes, "Our review of quarter-to-date foreclosure start activity confirms our cautious view regarding LPS's Default Services revenue trends. Accordingly, we are...
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Wright Express Appoints Steve Elder as CFO
Wednesday, April 6, 2011 - 4:10pm | 62Wright Express Corporation (NYSE: WXS) today announced two senior management promotions. The changes will help support the evolution of the Company into a global enterprise, as well as its expansion efforts both domestically and abroad: Melissa Smith promoted to President of North America Steve...
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Stocks Near Or Above 52-Week High (FAST, GWW, STJ, HSY, PGN, IRM, WPI, ADP, AA, MCO)
Wednesday, April 6, 2011 - 2:02pm | 239Fastenal (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...
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Oppenheimer Comments On TeleTec Holdings Following Analyst Day
Wednesday, April 6, 2011 - 9:39am | 176TeleTec 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...
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News Summary
Wednesday, April 6, 2011 - 9:32am | 192Shares 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...
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Visa Inc. Deposits $400M into Litigation Escrow Account
Wednesday, April 6, 2011 - 8:09am | 134Visa 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...
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Visa Deposits $400M Into Escrow Account (V)
Wednesday, April 6, 2011 - 8:07am | 18Visa Deposits $400M Into Escrow Account For Litigation (NYSE: V)
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Fed Will Face Bank Lawsuit Over Credit Card Fees (MA, V)
Tuesday, April 5, 2011 - 3:19pm | 329Federal 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...
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TeleTech Estimates 2011 Revenue Growth of 5% to 6%
Tuesday, April 5, 2011 - 8:14am | 98TeleTech 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...
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Stocks Near Or Above 52-Week High (EFX, KO, HUM, LUK, QEP, ADP, GENZ, CCE, TMK, THC)
Monday, April 4, 2011 - 2:49pm | 240Stocks Near Or Above 52-Week High: Equifax Inc. (NYSE: EFX) is currently trading at $39.86 which is near the 52 week high of $39.88. The Coca-Cola Company (NYSE: KO) is currently trading at $67.63 which is near the 52 week high of $67.70. Humana (NYSE: HUM) is currently trading at $70.86 which...
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GE Energy Brings New Cleaner, Smarter, More Efficient Products to European Markets
Monday, April 4, 2011 - 1:37pm | 132Fiserv (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...
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Alliance Data's Epsilon Email System Hacked; Risk to Alliance is Low (ADS)
Monday, April 4, 2011 - 1:10pm | 215J.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...
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Top 4 NYSE Stocks In The Business Equipment Industry With The Highest EPS Estimates (DBD, PBI, PAY, HNI)
Monday, April 4, 2011 - 12:53am | 144Below 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 (...
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Top 4 Mid-Cap Stocks In The Business Services Industry With The Highest Dividend Yield (RRD, CTAS, RBA, TSS)
Monday, April 4, 2011 - 12:52am | 128Below 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'...
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CSC to Acquire iSOFT's Global Operations for A$0.17 per Share
Friday, April 1, 2011 - 10:14am | 70CSC (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,...