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Leon Cooperman: My Team Likes AAPL, ACE, BP, CTXS, BR
Wednesday, March 23, 2011 - 2:30pm | 88Billionaire hedge fund manager Leon Cooperman told CNBC that his team likes Apple Inc. (NASDAQ: AAPL), Ace (NYSE: ACE), BP (NYSE: BP), Citrix Systems, Inc. (NASDAQ: CTXS), and Broadridge Financial Solutions (NYSE: BR). The Omega Advisors CEO also said that the dollar is headed softly lower from...
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Earnings Preview: Paychex Inc. (PAYX)
Wednesday, March 23, 2011 - 1:24pm | 102Paychex Inc. (NASDAQ: PAYX) is set to report earnings tonight after the bell, and investors will be looking to see earnings growth from the company. The company is expected to report earnings of 35 cents per share on revenues of $528.37 million. This is up from last year, when the company...
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US Stock Futures Up As Investors Await New-Home Sales Data, Crude Oil Rises Above $105 a barrel
Wednesday, March 23, 2011 - 6:24am | 495US stock futures are higher this morning, as investors are awaiting new-home sales data. Crude oil prices surged above $105 a barrel. Futures on the Dow Jones Industrial Average gained 27 points to 11,982.00 and S&P 500 index futures rose 3.30 points to 1,291.60. Futures for the Nasdaq 100 rose...
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3-22-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, March 22, 2011 - 11:43am | 4011Stan Choe, AP Business Writer Stocks are mixed after a three-day rally Stocks trade mixed in morning trading, putting three-day rally at risk NEW YORK (AP) — Stocks were mixed in morning trading Tuesday following a strong three-day rally. The Dow Jones industrial average rose 2 points to 12,039....
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Seven Bank Limited (JSD:8410) To Launch International Money Transfer Service on March 22, 2011
Tuesday, March 22, 2011 - 2:19am | 575Tokyo, Mar 22, 2011 (ABN Newswire) - Seven Bank Limited (JSD:8410) (PINK:SEBNF) will launch an international money transfer service on March 22, 2011. The service allows customers to easily and conveniently send money from Seven Bank accounts for an affordable transfer charge(*1) to over 400,000(*2...
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CSC Announces New Unsecured Revolving Credit Facility
Monday, March 21, 2011 - 2:17pm | 35CSC (NYSE: CSC) entered into a new $1.5 billion unsecured revolving credit facility on March 18, 2011, which replaced an existing $1.5 billion facility that was scheduled to mature in July 2012.
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BGB Securities Lowers PT on StarTek to $8 (SRT)
Monday, March 21, 2011 - 9:27am | 62BGB Securities is out with its report today on StarTek (NYSE: SRT), lowering its price target from $10 to $8. In a note to clients, BGB Securities writes, "We are reiterating our Buy rating but lowering our price target to $8 from $10 after AT&T announced its plans to purchase T-Mobile."...
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CVG, SYKE, APAC Are Vendors Most Likely To Benefit From AT&T/T-Mobile Merge, BGB Securities Reports (T)
Monday, March 21, 2011 - 9:08am | 67BGB Securities reports that it believes the three vendors most likely to benefit from the proposed AT&T combination with T-Mobile are Convergys (NYSE: CVG), Sykes (NASDAQ: SYKE), and to a lesser degree, APAC (NASDAQ: APAC). Convergys closed Friday at $13.65; Sykes closed at $18.40; $6.00.
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ACS, A Xerox Company, to Acquire CredenceHealth, Inc.
Monday, March 21, 2011 - 8:02am | 34Affiliated Computer Services, Inc. (ACS), A Xerox Company (NYSE: XRX), today announced a definitive agreement to acquire CredenceHealth, Inc..
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Deutsche Bank's FY3Q11 PAYX Expectations In-Line With Street
Monday, March 21, 2011 - 7:59am | 112Deutsche Bank reports that it expects Paychex Inc.'s (NASDAQ: PAYX) FY3Q11 revs to be $524.5M (+3% YoY) and an EPS of $0.35 (in-line w/ Street). “We model total services revs of +4% YoY, in-line w/ pace of growth seen in 1H, driven by +1% YoY increase in payroll revs (+3.5% checks/client) and +11%...
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Citigroup Initiates TSS With Hold
Monday, March 21, 2011 - 6:43am | 52Analysts at Citigroup initiate coverage of Total System Services Inc (NYSE: TSS) with a “hold” rating. The target price for TSS is set to $19. TSS shares rose 0.57% to close at $17.77 on Friday. More Analyst Ratings here
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BGB Securities Reiterates TeleTech Holdings Hold, $20 PT (TTEC)
Friday, March 18, 2011 - 10:14am | 78BGB Securities reiterated its TeleTech Holdings (NASDAQ: TTEC) Hold rating and $20 price target in a research note published today. In the note, BGB Securities states, "We are reiterating our Hold rating and $20 price target after announcing an agreement to purchase eLoyalty's (ELOY-NR)...
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Top 4 Stocks In The Business Equipment Industry With The Highest Operating Margin (PBI, PAY, CSTR, KNL)
Friday, March 18, 2011 - 1:17am | 141Below are the top business equipment stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Pitney Bowes Inc (NYSE: PBI) is 15.30%. PBI's ROE for the same period is 133.39%. The trailing-twelve-month operating margin at Verifone...
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Stocks To Watch For March 18 (NKE, LDK, PERY, CPWM, PLL)
Friday, March 18, 2011 - 1:13am | 315Some of the stocks that may grab investor focus today are: Nike Inc (NYSE: NKE) reported its FQ3 profit at $523 million, or $1.08 per share, up from $497 million, or $1.01 per share, in the year-ago period. The company's sales increased 7% to $5 billion. However, analysts were expecting earnings...
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Total System Services Inc. Director Sells 46,009 Shares of TSS
Thursday, March 17, 2011 - 4:15pm | 66In a Form 4 filed earlier today, Total System Services Inc. (NYSE: TSS) Director, Gardiner Garrard Jr., reported that he sold 46,009 shares of TSS on March 17th for an average price of $17.59. The transaction totaled $809,275. Mr. Garrard Jr. owns 83,475 direct shares and 193,927 indirect shares...