All Posts Tagged With: "V"

(HPY) Heartland Payment Systems Enhances Buyback Program

In an effort to boost its shareholder value, the board of directors of Heartland Payment Systems (HPY), approved a new share buyback program. As per the authorization, the company will be able to repurchase up to $75 million worth...

6Jun2013 | | Comments Off | Continued

(LMT) Lockheed Martin Wins Four in a Row

Lockheed Martin Corp. (LMT) turned out to be the major beneficiary of the 20 contracts, worth $717.7 million, handed out by the Department of Defense (DoD) very recently. Indeed the company secured four contracts that comprised nearly...

23May2013 | | Comments Off | Continued

(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

(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

(V) Visa Stays at Neutral

On Mar 5, we reiterated our Neutral recommendation on Visa Inc. (V) based on its improving product portfolio and operating leverage that partly mitigate the regulatory challenges. However, higher expenses and competition raise caution. Why...

13Mar2013 | | 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

(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

(RTN) Raytheon Gets Air Force Contract

Raytheon Company (RTN) said that it has been awarded a contract for low-rate initial production (LRIP) of active electronically scanned array (AESA) radar systems for the U.S. Air Force. The radar systems would be used in The...

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

(GD) Aerospace and Defense Stock Overview – August 2012 – Zacks Analyst Interviews

The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The industry...

31Aug2012 | | 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

(BRKA) Form 13F: A “Cheat Sheet” for Uncovering the Best Stocks in the Market

Your level of success as an investor typically boils down to how well you can do one thing – analyze business fundamentals. That’s because, regardless of what the economy and the stock market are doing, companies that are increasing sales, compounding earnings at high rates, growing market...

26Aug2012 | | 0 comments | 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

(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

(AXP) American Express Company Embracing EMV Chip-based Technology

In an effort to tap the emerging contactless payments market, American Express Company (AXP) is moving to EMV (Europay, Mastercard and Visa) chip-based technology. The company plans to begin issuing EMV-compliant cards in the U.S....

10Aug2012 | | Comments Off | Continued

(JPM) JPMorgan Chase & Company Settles $100M Credit Card Suit

On Tuesday, JPMorgan Chase & Co. (JPM) agreed to settle a credit card lawsuit by paying $100 million in damages. This class-action lawsuit was filed by the cardholders, irked by the company’s decision to increase minimum monthly...

29Jul2012 | | Comments Off | Continued

(V) Company News for July 27, 2012 – Corporate Summary

•    Shares of Visa Inc. (NYSE:V) rose 3.7% yesterday, a day after it reported third quarter earnings per share of $1.56, beating the Zacks Consensus Estimate of $1.45 •    Exxon Mobil Corporation (NYSE:XOM)...

27Jul2012 | | Comments Off | Continued

(MA) Mastercard and Visa Settle $7.25Billion Merchant Suit

Last week, credit card giants MasterCard Inc. (MA) and Visa Inc. (V) entered into a formal agreement with the Federal Court of Brooklyn to settle a multi-state US merchant...

16Jul2012 | | Comments Off | Continued

(TSS) Total System Services Analyst Maintains Neutral on Shares

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 over the past few quarters, risks related to operating...

11Jul2012 | | Comments Off | Continued

(V) Visa Eyes Canadian Expansion

In a concerted effort to tap the growing debit card market in Canada, Visa Inc. (V) joins with Air Canada to facilitate its Canadian customers with Visa debit cards with which to purchase Air Canada tickets. The agreement has already...

12Jun2012 | | Comments Off | Continued