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Stock Market & Financial Investment News

News Breaks
June 11, 2014
07:53 EDTCATMCardtronics shares now 'meaningfully undervalued,' says Jefferies
Jefferies says that despite bear arguments to the contrary, there is "nothing wrong" with Cardtronics' depreciation practices and its organic unit count is growing, not shrinking. The firm believes investors are pricing into shares too negative of an impact from a potential 7-Eleven deal loss, and it views the stock as "meaningfully undervalued" at current levels. It reiterates a Buy rating on Cardtronics with a $41 price target.
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September 2, 2014
09:55 EDTCATMCardtronics U.K. deal a postive, says Wells Fargo
Wells Fargo views Cardtronics' ATM operating pact with Co-op and its acquisition of Sunwin Services positively, as the deal further diversifies Cardtronics' revenue base in terms of both partners and geographies. The firm has an Outperform rating on Cardtronics.
07:07 EDTCATMCardtronics enters ATM operating agreement with Co-op Food stores in UK
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