-
KBW Initiates WXS At Market Perform, $58 PT
Tuesday, February 15, 2011 - 9:10am | 46KBW is initiating coverage of Wright Express Corp. (NYSE: WXS) with a Market Perform rating and a 12-month price target of $58. “We are establishing 2011 and 2012 EPS estimates of $3.28 and $3.89, respectively,” KBW writes. Wright Express Corp. closed Monday at $53.10.
-
CSC Wins $67M Army Engineering and IT Support Services Contract
Tuesday, February 15, 2011 - 9:03am | 88CSC (NYSE: CSC) announced today that the U.S. Army awarded the company a task order to support the Program Executive Office Command Control Communications - Tactical (PEO C3T) and subordinate program managers and offices. The task order, which was awarded during CSC's fiscal 2011 second quarter,...
-
Alliance Data Reports January Private Label Average Receivables of $5.15M
Tuesday, February 15, 2011 - 8:43am | 32Alliance Data Systems Corporation (NYSE: ADS) today provided an update on its Private Label segment. Average receivables $ 5,149,603 Year over year change in average receivables (4)%
-
Broadridge Financial Sees 2011 EPS of $1.30 to $1.40
Monday, February 14, 2011 - 1:52pm | 16Broadridge Financial (NYSE: BR) sees 2011 EPS of $1.30 to $1.40.
-
CUsource Teams with Online Resources for Full Service Banking and Bill Pay
Monday, February 14, 2011 - 10:04am | 87Online Resources Corporation (Nasdaq: ORCC), a leading provider of online financial services, and CUsource, LLC, a Montana-based credit union service organization, today announced they have signed a reseller agreement for Internet banking and bill payment services. The new agreement provides...
-
CSC and SELEX Galileo Renew Outsourcing Agreement Valued at $200M
Monday, February 14, 2011 - 10:00am | 93CSC (NYSE: CSC) announced today that it has signed a new IT outsourcing agreement with SELEX Galileo, a Finmeccanica company, and leader in the defense electronics markets and CSC customer since 2000. The total estimated value of the agreement is approximately $200M. Under the five-year agreement...
-
CSC Announces Contract with Australian Department of Defence
Monday, February 14, 2011 - 9:30am | 56In a press conference today with the Australian Department of Defence, CSC (NYSE: CSC) announced it has signed a five-year information technology contract to develop and implement an electronic health (eHealth) information system for the Australian Defence Force known as the Joint eHealth Data and...
-
Zynga social gaming is seeking to raise about $250 million
Monday, February 14, 2011 - 8:26am | 515San Francisco-based social-gaming company, Zynga is seeking to raise about $250 million in new funding. Zynga has already raised $360 million from a range of venture capital and other investment firms. The company is in talks with at least one bank about raising financing as well as mutual funds...
-
Visa Under Pressure. Watch This Level
Friday, February 11, 2011 - 11:25am | 66Visa Inc.(NYSE: V) is one of the leading credit card processing companies in the world. The stock is trading slightly lower by 0.32 cents to $74.39 a share. Traders can watch this stock and see if the $74.00 level gets tagged. The $74.00 area will short term intra-day support and a likely short...
-
UPDATE: J.P. Morgan Color On WXS 4Q10
Friday, February 11, 2011 - 9:14am | 143Wright Express Corporation (NYSE: WXS) reported strong 4Q10 results of $0.74, versus JPM/Street at $0.68/$0.72 and prior guidance of $0.68 - $0.74, showing positive volume trends across all major categories, J.P. Morgan reports. “WXS set an initial FY11 EPS guidance range of $3.17 - $3.37, versus...
-
ISG Acquires STA Consulting
Thursday, February 10, 2011 - 5:15pm | 69Information Services Group Inc. (Nasdaq: III) today announced the acquisition of STA Consulting a premier independent information technology advisor serving the public sector. The acquisition unites two ISG companies: TPI, the leading sourcing data and advisory firm in the world and Compass, the...
-
China's New Years Resolution: Don't Fight Inflation With Interest Rates
Thursday, February 10, 2011 - 12:34pm | 692By Kristin Graham Chinese Lunar New Years is a time of generous giving. And while it wasn't presented in the traditional red envelope, the government handed it's people a gift nearly all Chinese were hoping for; a fight against inflation. At the conclusion of the seven-day festival yesterday, China...
-
Jefferies Raises PT on Computer Sciences to $56 (CSC)
Thursday, February 10, 2011 - 11:17am | 102Jefferies is out with its report today on Computer Sciences (NYSE: CSC), raising its price target from $53 to $56. In a note to clients, Jefferies writes, "While guidance was reduced, most of this is pushed, not lost business. With an improving balance sheet and secular demand backdrop, especially...
-
LML Reports Q3 EPS od $0.10 vs. $0.00 Last Year
Thursday, February 10, 2011 - 10:32am | 130LML PAYMENT SYSTEMS INC. (Nasdaq: LMLP) reports results for its third quarter and nine month period ended December 31, 2010. Revenue for the third quarter ended December 31, 2010 was $11,060,000, an increase of 133% over the $4,743,000 in revenue for the third quarter ended December 31, 2009. GAAP...
-
Jefferies Raises PT On Computer Sciences To $56
Thursday, February 10, 2011 - 9:42am | 27Jefferies & Company has raised the price target on Computer Sciences (NYSE: CSC) from $53 to $56 and maintains its Buy rating.