Business Services
(V) Visa Shuns Global Payments Incorporated for Breach of Data
Visa Inc. (V) has dropped Global Payments Inc. (GPN) from its list of service providers after detecting a cyber intrusion in the latter’s...
(ICE) IntercontinentalExchange Incorporated – Bull of the Day
We are upgrading our recommendation on IntercontinentalExchange Inc. (ICE) based on its high earnings visibility, strong product portfolio, consistent cash generation, disciplined investment and limited balance...
(V) Visa Ties Up with Intel
Yesterday, card processing giant Visa Inc. (V) announced a strategic alliance with Intel Corporation (INTC), a multinational semiconductor...
(MA) MasterCard and Telefonica Join Forces
Last week, MasterCard Inc. (MA) and Telefónica S.A. (TEF) announced its joint venture (JV) under the corporate name – Wanda with tagline...
(MA) MasterCard Doubles Dividend Payout
Basking after a great quarter and year, yesterday, the board of MasterCard Inc. (MA) declared a 100% hike in its dividend to 30 cents per share from the prior 15 cents. The increased dividend will be paid on...
(VPRT) Vistaprint NV – Bear of the Day
Vistaprint NV’s (VPRT) earnings for the first quarter of fiscal 2012 were well ahead of the Zacks Consensus Estimate. However, we believe that the slow pace of the economic recovery, coupled with huge...
(TSS) Total System Services Meets Expectations
Total System Services Inc. (TSS) reported fourth-quarter 2011 operating earnings of 31 cents per share, in line with the Zacks Consensus Estimate but modestly higher than 24 cents per share in the year-ago...
(ATHN) Grading the Investment U Gurus 2011: Marc Lichtenfeld
by Marc Lichtenfeld, Investment U Senior...
(ATHN) Grading the Investment U Gurus 2011: Marc Lichtenfeld
by Marc Lichtenfeld, Investment U Senior...
(V) Visa Works to Delay Debit-Fee Rule
Visa Inc. (V) appears to have tried out every means to delay the implementation of the debit-fee ruling finalized in June this year, due to which the company’s lobbying charges increased substantially during...
(MA) MasterCard in mCommerce Tie
In an attempt to expand its mobile commerce (mCommerce) platform, yesterday, MasterCard Inc. (MA) announced a global strategic alliance with mFoundry. The latter is a well-positioned mobile banking solutions...
(MA) MasterCard and Ecobank Sign Memorandom of Understanding
Expanding its electronic payments network in Sub-Africa, on Thursday, MasterCard Inc. (MA) announced a Memorandom of Understanding (MoU) with Togo-based Ecobank Group, which will allow the former to do business...
(V) Visa Analyst Maintains Neutral Rating on Shares
While Visa Inc. (V) came out firm from its fiscal 2011, we reiterated our Neutral recommendation on the stock based on the cautious growth outlook for fiscal 2012 amid regulatory challenges.
Visa’s...
(MA) MasterCard Allies with Western Union
In an attempt to expand its prepaid card offering, yesterday, card giant – MasterCard Inc. (MA) announced a global strategic alliance with money transfer giant – Western Union Co. (
1Dec2011 | vitalstocks | 0 comments | Continued(CTAS) Cintas Analyst Downgrades Shares to Neutral
We have recently downgraded Cintas Corporation (CTAS) from Outperform to Neutral as the positives like solid organic growth and margin expansion are undercut by headwinds from cotton and energy prices and...
(RRD) R.R. Donnelley & Sons Buys StratusGroup
R.R. Donnelley & Sons Co. (RRD) recently announced that it has acquired West Chester; Ohio-based StratusGroup, which specializes in customized pressure-sensitive labels and packaging for health & beauty,...
(PRAA) Portfolio Recovery Associates Creates New Unit
Earlier this week, Portfolio Recovery Associates Inc. (PRAA) announced the creation of a new subsidiary, PRA Professional Services, LLC, in order to expand its audit and revenue recovery services for the...
(MGI) MoneyGram International Quarterly Results and Earnings Estimates Look Great
Quarterly results and earnings estimates look great for MoneyGram International, Inc. (MGI). But why are shares are tanking and do they deserve the thrashing?
Company Description
MoneyGram...
(MGI) MoneyGram International Prices Secondary Offering
On Friday, MoneyGram International Inc. (MGI) announced a secondary offering of 9.25 million shares that were owned by investors of private equity firm Thomas H. Lee Partners and investment bank Goldman...
(MGI) MoneyGram International Initiates Reverse Split
Yesterday, MoneyGram International Inc. (MGI) announced the filing of a statement for a reverse stock split.
According to the reverse stock split, MoneyGram will be able to contract its shares outstanding...
(ATHN) Alexian Chooses Athenahealth
Leading vendor of cloud-based services for physician practices Athenahealth (ATHN) recently reported that Alexian Brothers Health System, a Catholic healthcare entity providing health care in the Chicago...
(RRD) R.R. Donnelley & Sons Earnings Report In Line With Analyst’s Estimates
R.R. Donnelley & Sons Co. (RRD) reported non-GAAP earnings per share (EPS) of 51 cents in the third quarter 2011, which was in line with the Zacks Consensus Estimate. The reported EPS was up 16.0% from...
(FIS) Fidelity National Information Services Ropes in 80 New Clients
Fidelity National Information Services Inc. (FIS), the provider of banking and payments technology, will be providing prepaid processing solutions to 80 new clients across the globe. Fidelity’s prepaid processing...
(ATHN) Athenahealth Analyst Coverage Initiated at Outperform
We initiate our coverage on Athenahealth (ATHN), a leading provider of electronic health record (“EHR”) for medical establishments, with an Outperform rating. Second-quarter fiscal 2011 earnings per share...
(BR) Broadridge Financial Solutions Wins New Deal
Broadridge Financial Solution (BR) recently secured a contract from Societe Generale, for providing technology and outsourcing services to the latter’s U.S. broker-dealer, SG Americas Securities, LLC.
Through...
(V) Card Giants Ease Over Fed Rulings
Lobbying charges for Visa Inc. (V), American Express Co. (AXP), MasterCard Inc. (
6Oct2011 | vitalstocks | 0 comments | Continued(ATHN) Athenahealth Incorporated – Bull of the Day
We initiate our coverage on Athenahealth, Inc. (ATHN) with an Outperform rating. Second-quarter fiscal 2011 earnings per share of $0.14 beat the Zacks Consensus Estimate of $0.11. Athenahealth’s web-based...
(BRC) Company News for September 13, 2011 – Corporate Summary
• Share prices of semiconductor company NetLogic Microsystems (NASDAQ:NETL) spiked up 50.80% to close at $48.12 after Broadcom Corp. (NASDAQ:BRCM) announced its...
(MA) MasterCard Analyst Keeps Shares at Neutral
We have reiterated our Neutral recommendation on MasterCard Inc. (MA) given the current sustainability factor. The company’s second-quarter operating earnings per share of $4.76 came in substantially ahead...
(LPS) Lender Processing Services – Bear of the Day
Lender Processing Services’ (LPS) second-quarter 2011 results were a mixed bag. Although Lender Processing surpassed the Zacks Consensus Estimate, growth slowed year over year. We are concerned about...