All Posts Tagged With: "MA"

(V) Visa’s Earnings Shine – Raises Outlook

Visa Inc.’s (V) fiscal second-quarter (ended Mar 31, 2013) operating earnings of $1.92 per Class A common share were modestly ahead of the Zacks Consensus Estimate of $1.81. Additionally, the result substantially exceeded the prior-year...

2May2013 | | Comments Off | Continued

(PMI) Stock Market News for May 2, 2013 – Market News

Mixed domestic reports along with discouraging economic data from China dragged the major indices into negative territory. Weaker-than-expected corporate results also added to negative investor sentiment. These developments offset the optimism created by the Federal Reserve’s decision to continue...

2May2013 | | Comments Off | Continued

(PFE) Grading the First Quarter Earnings Season – Earnings Preview

Grading the Q1 Earnings Season We have crossed the halfway mark in the Q1 earnings season, with results from 271 S&P 500 companies already out (as of Friday, April 26th). Please note that these 271 companies are more than just 54.2% of the index’s total membership –...

2May2013 | | Comments Off | Continued

(WU) Western Union Stays at Neutral

We have reiterated our recommendation on Western Union Co. (WU) at Neutral following the fourth-quarter 2012 earnings release. Western Union reported a solid fourth quarter, which included a 20.0% positive earnings surprise. We...

1Apr2013 | | Comments Off | Continued

(MA) MasterCard Announces Multiple Deals

Recently, MasterCard Inc. (MA) announced a number of partnerships and product launches. The transactions are aimed at expanding the operations of the company and enhance client base. First, MasterCard announced a strategic alliance...

4Mar2013 | | Comments Off | Continued

(MA) MasterCard Outperforms in 2012

MasterCard Inc.’s (MA) fourth-quarter 2012 operating earnings per share of $4.86 modestly beat the Zacks Consensus Estimate of $4.79 and the year-ago quarter’s earnings of $4.03, primarily based on low share count. Net income...

11Feb2013 | | Comments Off | Continued

(EEFT) Euronet Worldwide Division epay Allies with WorldPay

In an effort to benefit retailers, epay, a Division of Euronet Worldwide, Inc. (EEFT) has entered into a partnership with Europe’s WorldPay. Operating in over 40 countries, WorldPay a provider of merchant accounts offers payment...

15Jan2013 | | Comments Off | Continued

(AAPL) Apple Shares Are Cheap!

In focus this week; AAPL is dirt cheap, making money on the end of cash and a sitfa in honor of our entitlement system. No matter how you look at it AAPL is cheap! So says Barron’s. (And...

6Jan2013 | | 0 comments | Continued

(FISV) Fiserv Remains Neutral

We remain Neutral on Fiserv Inc. (FISV) primarily due to a volatile macroeconomic environment. The company is very much susceptible to inflation, which would impact costs. The continued consolidation within the banking and financial...

1Jan2013 | | Comments Off | Continued

(AMZN) Amazon.com Helps Pick the Right Gift

The largest online retailer Amazon.com Inc. (AMZN), along with MasterCard (MA), introduced a new feature called Friends & Family Gifting. The feature will help...

19Dec2012 | | Comments Off | Continued

(IPG) Business Services Stock Outlook – December 2012 – Industry Outlook

In today’s world, companies strive to remain focused on functions and activities that are close to their core competence and where they enjoy competitive advantages. But they still need to perform a host of other functions in today’s complex marketplace. This need opens the door for providers...

3Dec2012 | | Comments Off | Continued

(PAY) VeriFone Systems to Upgrade PayLife System

VeriFone Systems, Inc. (PAY) recently inked an agreement with Austrian company PayLife to install new VeriFone VX 680 wireless solution and VX 825 PIN acceptance system to upgrade or replace the existing systems for monetary transactions. VeriFone...

18Nov2012 | | Comments Off | Continued

(V) Visa Hikes Dividend by 50%

Earlier this week, Visa Inc. (V) announced a 50% hike in its quarterly dividend to the holders of its class A, B and C equity shares. Consequently, the company will pay a quarterly dividend of 33 cents per share, up from 22 cents paid...

11Nov2012 | | Comments Off | Continued

(FISV) Fiserv’s Solution for AT&T

Recently, Fiserv, Inc. (FISV) entered into a multi-year, sole provider contract with AT&T, Inc. (T). Per the agreement, the company will be engaged in providing...

29Oct2012 | | Comments Off | Continued

(MA) MasterCard Partners NTT DOCOMO

MasterCard Incorporated (MA) announced a partnership with NTT DOCOMO, Inc. (DCM) to expand their contactless payment services to new markets. Per the deal, users of...

23Oct2012 | | Comments Off | Continued

(FISV) Intracoastal Bank Selects Fiserv

Recently, Fiserv, Inc. (FISV) declared that its wide range of digital banking solution services have been adopted by Intracoastal Bank. The bank with $167 million in assets selected Fiserv given its highly developed platform with...

9Oct2012 | | Comments Off | Continued

(MA) MasterCard Strengthens mCommerce

In an attempt to ramp up mobile commerce (mCommerce), MasterCard Inc. (MA) unveiled the Mobile MasterCard PayPass User Interface Software Development Kits (SDKs). This new SDK provides a complete next generation digital range of authorization...

9Oct2012 | | Comments Off | Continued

(EEFT) Euronet Worldwide Expands to Spain and Italy

Yesterday, Euronet Worldwide Inc. (EEFT) announced the expansion of its portfolio of Independent ATM Deployed (IAD) networks to Spain and Italy. This has further cemented the company’s position as the fastest-growing Independent...

9Oct2012 | | Comments Off | Continued

(TSS) Total System Services Remains Neutral

We are reiterating our Neutral recommendation on Total System Services Inc. (TSS) based on the current sustainability factor. Although the company has been witnessing improvement in gaining significant contracts over the past few quarters,...

5Oct2012 | | Comments Off | Continued

(BAC) Bank of America Testing Mobile Payment System

Bank of America Corporation (BAC) is testing a new mobile payment technology in collaboration with Boston-based Paydiant, a mobile wallet and mobile payment platform, according to a Reuters report. BofA is currently using the new technology...

1Oct2012 | | Comments Off | Continued

(GRPN) Groupon Kicks Off Mobile Payments

Groupon Inc. (GRPN) recently announced its entry into the mobile payments market with the launch of Groupon Payments – a service that enables businesses to accept credit cards via Apple Inc.’s...

23Sep2012 | | Comments Off | Continued

(XLF) Stock Market News for September 12, 2012 – Market News

Markets added modest gains yesterday as investors were buoyed by a possible favorable outcome of the Fed policy meet and German court’s key decision if the nation can help the troubled neighbors. Despite the nature of modest gains, they were enough to lift the Dow to its highest level since 2007....

12Sep2012 | | Comments Off | Continued

(MA) MasterCard Inks 5-Year Deal in UK

Yesterday, MasterCard Inc. (MA) announced a five-year strategic alliance with the UK’s most dominant communications company, Everything Everywhere. The card processing giant took this step in order to expand its digital payment platform...

30Aug2012 | | Comments Off | Continued

(DFS) Discover Partners with PayPal

Recently, Discover Financial Services (DFS) announced a partnership with eBay Inc.’s (EBAY) PayPal under which the latter’s customers will have access to Discover’s...

28Aug2012 | | Comments Off | Continued

(V) Visa Ensures Higher Data Security

Recently, card processing giant Visa Inc. (V) unveiled an upgraded data security service – Visa Merchant Data Secure. This security service will be knotted with point-to-point encryption (P2PE) technology. Visa Merchant Data...

27Aug2012 | | Comments Off | Continued

(FISV) Fiserv’s Cleartouch in High Demand

Fiserv, Inc. (FISV) recently declared that its latest account processing portal, Cleartouch has been adopted by six financial institutions. These institutions have selected Fiserv’s latest platform given its highly developed technology...

27Aug2012 | | Comments Off | Continued

(BAC) Bank of America Pays $738 Million in Merchant Lawsuit

According to Bloomberg, Bank of America Corporation (BAC) will shell out $738 million as compensation to retailers for a lawsuit alleging the company, along with other card companies, of charging excess debit and credit card fees....

21Aug2012 | | Comments Off | Continued

(FISV) Fiserv Receives Contract Extension

Recently, Fiserv, Inc. (FISV) declared that BridgePortfolio, Inc., a Chicago-based Back Office Outsource Provider has extended its agreement with the company to deploy its Portfolio Management and Trading solutions platform. The tenure...

21Aug2012 | | Comments Off | Continued

(MA) Mastercard Launches New Business Network

Mastercard Inc. (MA) has joined forces with Rearden Commerce, provider of various business and customer solutions, to offer a brand new personalized website by deploying the latter’s Deem commerce platform. The newly launched website...

21Aug2012 | | Comments Off | Continued

(JPM) JPMorgan Chase & Company Gets Nod for $100 Million Settlement

Last week, a federal Judge provided preliminary approval to JPMorgan Chase & Co’s. (JPM) $100 million settlement pertaining to a class-action lawsuit filed by upset credit card holders over violations of credit card terms. The...

14Aug2012 | | Comments Off | Continued