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		<title>(BR) Broadridge Financial Solutions Wins New Deal</title>
		<link>http://www.stockbloghub.com/2011/10/06/br-broadridge-financial-solutions-wins-new-deal/84519</link>
		<comments>http://www.stockbloghub.com/2011/10/06/br-broadridge-financial-solutions-wins-new-deal/84519#comments</comments>
		<pubDate>Thu, 06 Oct 2011 15:39:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BPO]]></category>
		<category><![CDATA[BR]]></category>
		<category><![CDATA[Broadridge Financial Solutions Inc]]></category>
		<category><![CDATA[Brookfield Properties Corporation]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Systems Inc.]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>

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		<description><![CDATA[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 this deal, Societe Generale intends to support the growth of its businesses in the U.S..  The deal will enable Societe General to utilize Broadridge&#8217;s industry-leading institutional securities processing platform, as well as its Business Process Outsourcing (BPO) solution. Societe Generale has chalked out a growth plan for its U.S. business, which will facilitate the development of its fixed income business and will enable it to emerge as a Primary Dealer. The plan is expected to be operational in February 2011. Broadridge&#8217;s proven fixed income solution that has utilized over 81.0% of the Primary Dealers who outsource and is quickly becoming the de facto ]]></description>
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		<title>(BR) Broadridge Financial Solutions Outperforms Again</title>
		<link>http://www.stockbloghub.com/2011/08/15/br-broadridge-financial-solutions-outperforms-again/81263</link>
		<comments>http://www.stockbloghub.com/2011/08/15/br-broadridge-financial-solutions-outperforms-again/81263#comments</comments>
		<pubDate>Mon, 15 Aug 2011 13:59:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[ADP]]></category>
		<category><![CDATA[Automatic Data Processing Inc]]></category>
		<category><![CDATA[BR]]></category>
		<category><![CDATA[Broadridge Financial Solutions Inc]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Systems Inc.]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Penson Worldwide Inc]]></category>
		<category><![CDATA[PNSN]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81263</guid>
		<description><![CDATA[Broadridge Financial Solutions Inc.’s (BR) fourth-quarter fiscal 2011 adjusted earnings per share of 94 cents beat the Zacks Consensus Estimate of 91 cents and improved from 84 cents earned in the prior-year quarter. Higher recurring revenue prompted the outperformance, partially offset by higher operating expenses and tax rate. Revenues Total revenue in the fourth quarter was $776.1 million, up 3.4% from $750.5 million in the year-ago quarter and ahead of the Zacks Consensus Estimate of $773.0 million. The improvement was driven by an increase in recurring revenues from acquisitions, partially offset by lower contribution from event-driven mutual fund proxy fee revenues. Mutual fund event-driven revenues are highly cyclical in nature and unpredictable, according to Broadridge. Positive currency translation, net new businesses and an outsourcing services agreement with Penson Worldwide Inc. ]]></description>
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		<title>(BR) Broadridge Financial Solutions Broadens Portfolio</title>
		<link>http://www.stockbloghub.com/2011/04/09/br-broadridge-financial-solutions-broadens-portfolio/70975</link>
		<comments>http://www.stockbloghub.com/2011/04/09/br-broadridge-financial-solutions-broadens-portfolio/70975#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:14:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BR]]></category>
		<category><![CDATA[Broadridge Financial Solutions Inc]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Systems Inc.]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>

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		<description><![CDATA[Broadridge Financial Solutions Inc. (BR) recently completed the acquisition of all the intellectual property (IP) rights of a financial service processing solution of Mitsui Knowledge Industry Co Ltd. (“MKI”). Financial details of the transaction were not disclosed. Headquartered in Tokyo, Mitsui Knowledge offers various services related to information technology network integration in Japan. Under the software purchase agreement, Broadridge obtained the IP rights of MKI’s B-Fund solution. This solution is customized to facilitate clearance and settlement transactions related to Japanese government bonds and yen payments on Bank of Japan’s BOJ-Net System. Under Broadridge’s umbrella, the B-Fund solution will be renamed Gloss BOJ Processing Solution. The solution will enable Broadridge to offer an advanced clearing and settlement solution for equities, fixed income and related instruments to the Bank of Japan. Apart ]]></description>
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		<title>(BR) Broadridge Financial Solutions First Quarter 2011 Earnings Miss Expectations</title>
		<link>http://www.stockbloghub.com/2010/11/05/br-broadridge-financial-solutions-first-quarter-2011-earnings-miss-expectations/58193</link>
		<comments>http://www.stockbloghub.com/2010/11/05/br-broadridge-financial-solutions-first-quarter-2011-earnings-miss-expectations/58193#comments</comments>
		<pubDate>Fri, 05 Nov 2010 18:51:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BR]]></category>
		<category><![CDATA[Broadridge Financial Solutions Inc]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Systems Inc.]]></category>
		<category><![CDATA[Penson Worldwide Inc]]></category>
		<category><![CDATA[PNSN]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58193</guid>
		<description><![CDATA[Broadridge Financial Solutions Inc. (BR) reported first-quarter fiscal 2011 earnings per share of 10 cents, down from 19 cents in the prior-year quarter and below the Zacks Consensus Estimate of 12 cents. The operating results were significantly down from the previous quarter, which according to management was in line with expectations. The drop was mainly due to the implementation of the Penson outsourcing services agreement. Moreover, last quarter’s results had benefited from higher contributions from the Morgan Stanley Smith Barney (“MSSB”) deal. Historically, Broadridge has posted a lackluster first quarter due to seasonality. Revenues Total revenue in the first quarter was $421.4 million, down 3.4% from $438.2 million in the year-ago quarter and below the Zacks Consensus Estimate of $454.0 million. The decrease in revenues was due to lower contributions ]]></description>
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		<title>(FIS) Fidelity National Information Services Analyst Initiates Coverage at Neutral</title>
		<link>http://www.stockbloghub.com/2010/03/31/fis-fidelity-national-information-services-analyst-initiates-coverage-at-neutral/32385</link>
		<comments>http://www.stockbloghub.com/2010/03/31/fis-fidelity-national-information-services-analyst-initiates-coverage-at-neutral/32385#comments</comments>
		<pubDate>Wed, 31 Mar 2010 19:30:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Accenture Limited]]></category>
		<category><![CDATA[ACN]]></category>
		<category><![CDATA[ADS]]></category>
		<category><![CDATA[Alliance Data Systems Corporation]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Systems Inc.]]></category>
		<category><![CDATA[Fidelity National Information Services Inc]]></category>
		<category><![CDATA[FIS]]></category>
		<category><![CDATA[Fiserv Inc]]></category>
		<category><![CDATA[FISV]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32385</guid>
		<description><![CDATA[We are initiating coverage on Fidelity National Information Services, Inc. (FIS) with a Neutral rating. Shares of FIS are trading at a multiple of 12.0x our fiscal 2010 EPS estimate of $1.96, a discount to the industry. The company’s fourth-quarter 2009 earnings marginally beat the Zacks Consensus Estimate, benefiting from cost-cutting efforts and operating efficiency gains, as well as higher revenue in the international solutions segment. FIS reiterated its 2010 guidance. Fidelity has been an active acquirer of companies, and we believe the Metavante acquisition will offer both top-line growth and cost synergies with increased operating leverage. We are encouraged by FIS’ prospects, given the broad range of offerings of the combined company, as well as the acquisition of Metavante. New customer signings Incorporatedreased presence in international markets Incorporatedremental cross-selling ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DST) DST Systems Falls Short of Earnings Expectations</title>
		<link>http://www.stockbloghub.com/2009/10/28/dst-dst-systems-falls-short-of-earnings-expectations/19072</link>
		<comments>http://www.stockbloghub.com/2009/10/28/dst-dst-systems-falls-short-of-earnings-expectations/19072#comments</comments>
		<pubDate>Wed, 28 Oct 2009 21:50:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Information & Delivery Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Systems Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19072</guid>
		<description><![CDATA[DST Systems Inc. (DST) reported earnings of 83 cents per share in the third quarter, missing the Zacks Consensus Estimate of 95 cents per share. Revenue Total revenues for the quarter were $551.7 million, down 1.6% from $560.4 million in the year-ago quarter. Excluding reimbursements, operating revenues came in at $395.6 million, down 4.5% from $414.2 million in the year-ago quarter. This decrease was attributable to an $8.1 million decline in Financial Services, an $8.5 million decline in Output Solutions and a $1.0 million decline in Investments &#38; Other Income. The Financial Services decline resulted from lower volumes in international professional service, lower mutual fund shareowner services revenue and lower AWD software license revenues. The Output Solutions decline reflects fewer items mailed and images produced. The Investments &#38; Other Income ]]></description>
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