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March 10, 2014
Global Services Conference is being held in Scottsdale, Arizona on March 10-12.
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November 25, 2015
17:51 EDTWUOzForex grants Western Union exclusive due diligence
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November 19, 2015
07:30 EDTBFAMBright Horizons 3.65M share Spot Secondary priced at $63.80
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November 18, 2015
20:01 EDTWUWestern Union confirms acquisition discussions with OzForex
The Western Union Company confirmed that it has submitted a non-binding, indicative proposal to potentially acquire online payments services provider OzForex Group Limited, which is listed on the Australian Stock Exchange. The discussions are at a preliminary stage, and the proposal is subject to detailed diligence and a number of conditions so there is no certainty that a transaction will occur. The company does not intend to provide any further comment on the potential transaction at this time.
19:08 EDTWUOzForex says receives acquisition proposal from Western Union
OzForex Group said it has received a preliminary, non-binding, indicative conditional proposal from Western Union to acquire 100% of the company's shares. The proposal contemplates an all cash consideration of $3.50-$3.70 per OzForex share and is subject to a number of conditions, said the company, including access to due diligence, retention of management, and relevant regulatory approvals. "The board of directors of OzForex intends to evaluate the indicative proposal... Irrespective of whether the indicative proposal proceeds, the board believes that OzForex has a very attractive independent future," remarked the company. Reference Link
16:23 EDTBFAMBright Horizons files to sell 3.65M shares of common stock for holders
The company intends to repurchase from the underwriter 150,000 shares of common stock. The company's per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Stockholders. The company intends to fund the share repurchase with cash on hand and/or borrowings under our revolving credit facility. Barclays will act as underwriter for the offering.
14:49 EDTWUEarnings Watch: Salesforce shares up 14% since last earnings report
Salesforce (CRM) is scheduled to report third quarter results after the market close on Wednesday, November 18, with a conference call scheduled for 5:00 pm ET. Salesforce is a provider of enterprise cloud computing solutions that include apps and platform services. EXPECTATIONS: Analysts are looking for earnings per share of 19c on revenue of $1.7B, according to First Call. The consensus range for EPS is 17c-20c on revenue of $1.68B-$1.72B. On its last earnings conference call, Salesforce gave Q3 EPS guidance of 18c-19c and revenue guidance of $1.69B-$1.7B. It also gave FY16 EPS guidance of 70c-72c and FY16 revenue of $6.6B-$6.63B. The company expects FY16 operating cash flow growth of approximately 34%-35%. Salesforce said it is now on pace to reach $7B run rate later this year. LAST QUARTER: On August 20, Salesforce reported second quarter EPS of 19c, beating the consensus analyst forecast of 18c. The company's revenue came in at $1.63B, topping the consensus estimate of $1.60B. It reported deferred revenue on balance of $3.03B as of July 31 and Q2 subscription and support revenue of $1.52B. Salesforce added that Q2 was the "best quarter ever" for the company due to momentum in Europe and growth in the adoption of its core platform. NEWS: Salesforce and Western Union (WU) announced an agreement for Western Union to use Sales Cloud, Community Cloud, Analytics Cloud and App Cloud to automate previously paper-based processes. Salesforce also announced plans to extend its strategic partnership with Microsoft (MSFT). The company said it would double its workforce in the Seattle area. STREET RESEARCH: Brean Capital said Salesforce should be a core holding due its new cloud targets, operating margin expansion and revenue growth in the 20%-30% range year over year. Jeffries said it was impressed with the company's DreamForce conference, but kept an Underperform rating on the stock because the net present value of new business may be negative for Salesforce at this time. In late September, Oppenheimer said that the company's checks were positive. It added that Salesforce's share of the market could be increasing and adds that Salesforce's platform strategy is becoming more popular with customers. PRICE ACTION: Salesforce shares are up over 14% since the company's Q2 report. In afternoon trading ahead of Thursday's report, Salesforce shares are up fractionally.
14:43 EDTFORRForrester receives shareholder letters calling for change, dealReporter says
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14:34 EDTECLEcolab management to meet with William Blair
Meeting to be held in Baltimore on November 24 hosted by William, Blair.
November 17, 2015
10:00 EDTMCOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CF Industries (CF) upgraded to Positive at Susquehanna... ExlService (EXLS) upgraded to Buy from Neutral at BofA/Merrill... Fitbit (FIT) upgraded to Buy at BofA/Merrill... Forward Air (FWRD) upgraded to Outperform at Baird... HD Supply (HDS) upgraded to Positive from Neutral at Susquehanna... Hannover Re (HVRRY) upgraded to Overweight from Underweight at JPMorgan... Moody's (MCO) upgraded to Buy from Neutral at UBS... PRA Group (PRAA) upgraded to Strong Buy from Market Perform at Raymond James... Plum Creek Timber (PCL) upgraded to Outperform from Sector Perform at RBC Capital... Shire (SHPG) upgraded to Outperform from Market Perform at Leerink... Yandex (YNDX) upgraded to Overweight from Equal Weight at Morgan Stanley... Zayo Group (ZAYO) upgraded to Buy from Neutral at MoffettNathanson.
08:03 EDTWUWestern Union offers new global money transfer service on WeChat
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08:02 EDTMHFIMcGraw Hill Financial business and EPCO sign agreement
S&P Capital IQ and SNL, a business unit of McGraw Hill Financial together with the Eurosystem Procurement Coordination Office, or EPCO, have signed a four-year agreement for the delivery of Standard & Poor's Ratings Services' credit ratings and research. The agreement allows the central banks of the European System of Central Banks, or ESCB, as members of EPCO to access a wide range of issuer credit data through S&P Capital IQ's RatingsDirect and Xpressfeed tools, as well as through several other market data vendors.
07:50 EDTMCOClearing House to hold a conference
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05:50 EDTMCOMoody's upgraded to Buy from Neutral at UBS
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November 16, 2015
16:50 EDTCPLACapella Education SVP and president of Capella University Scott Kinney resigns
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11:24 EDTMCOClearing House to hold a conference
Clearing House Annual Conference is being held in New York on November 16-18.

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