Alliance Data approves new stock repurchase program for up to $400M Alliance Data has approved a new stock repurchase program to acquire up to $400M of the company's common stock during 2014. The new repurchase program replaces the existing program, which expired at the end of 2013.
News For ADS From The Last 14 Days
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Alliance Data should be bought at current levels, says Pacific Crest After Alliance Data reported stronger than expected results, Pacific Crest believes that the company's guidance is conservative, while its fundamentals remain strong. The firm is upbeat on the company's new BrandLoyalty and Harmony email products. It keeps a $305 price target and Outperform rating on the shares.