Alliance Data Retail business signs agreement with Eddie Bauer Alliance Data Systems announced its Retail Services business has signed a long-term renewal agreement to continue providing private label credit card services for outdoor apparel and gear retailer Eddie Bauer. Eddie Bauer offers premium quality outdoor clothing, accessories and gear for men and women through 370 retail locations throughout the U.S. and Canada.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Actelion (ALIOY) upgraded to Neutral from Sell at Citi... Alliance Data (ADS) assumed with an Overweight from Neutral at Piper Jaffray... BG Group (BRGYY) upgraded to Outperform from Sector Perform at RBC Capital... Cubic (CUB) upgraded to Buy from Hold at Benchmark... Frontline (FRO) upgraded to Neutral from Underperform at Credit Suisse... Hormel Foods (HRL) upgraded to Overweight at Stephens... ImmunoGen (IMGN) assumed with a Buy from Hold at Jefferies... Metro (MTTRY) upgraded to Buy from Hold at Jefferies... Palo Alto (PANW) upgraded to Buy from Hold at Argus... Pfizer (PFE) upgraded to Neutral from Reduce at SunTrust... Tech Data (TECD) upgraded to Market Perform from Underperform at Raymond James.
Alliance Data reports October average receivables up 32% to 11.99B Reports October net charge-offs $49.95M. Reports October net charge-offs as a percentage of receivables 5% vs. 4.5% last year. Reports October delinquency rate of 4.5%.