New User:

-or-
Username:
Password:
Forgot your password?

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.
News For CATM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2014
10:17 EDTCATMCardtronics to pay $1.5M in settlement with Massachusetts AG
Cardtronics has agreed to pay $1.5M to resolve claims that it failed to comply with a previous court- approved settlement to make many of the company's machines in Massachusetts, and throughout the country, accessible to blind and visually impaired users, Massachusetts, Attorney General Martha Coakley announced. The agreement was reached by the AG's Office and the National Federation of the Blind and is still subject to court approval. The settlement will resolve pending civil contempt charges filed in 2011 and 2012 against Cardtronics, and requires the company to adopt "industry-leading accessibility features at its approximately 95,000 ATMs nationwide."

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use