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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:23 EDTLXK, EFXEquifax CFO Lee Adrean to retire, company appoints John Gamble as CFO
Equifax (EFX) yesterday appointed John W. Gamble Jr as its Corporate Vice President and CFO, replacing Lee Adrean, who has announced his retirement after eight years of distinguished service. Gamble will join the company on May 21 in his new position and will work with Adrean to ensure a smooth transition. Most recently and since September 2005, Gamble served as EVP and CFO of Lexmark (LXK).
News For EFX;LXK From The Last 14 Days
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February 20, 2015
06:30 EDTEFXEquifax management to meet with SunTrust
Meeting to be held in Boston on February 26 hosted by SunTrust.
February 19, 2015
06:47 EDTEFXReport shows subprime consumer loans at pre-2007 levels, WSJ says
Equifax (EFX) has released a report stating nearly 40%, or 50M, of auto loans, credit cards, and personal loans during the first 11 months of 2014 were made to subprime customers, the highest levels since the 2007 financial crisis, reports the Wall Street Journal. LendingTree (TREE) Chief Marketing Officer Gabriel Dalporto attributes the growth to nonbank lenders under less regulatory scrutiny than large banks. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
February 13, 2015
10:00 EDTEFXOn The Fly: Analyst Downgrade Summary
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08:52 EDTEFXEquifax price target raised to $101 from $83 at RW Baird
Baird raised its price target on Equifax to $101 from $83 citing a sustainable growth profile, improving macro backdrop, and strong execution. Baird reiterated its Outperform rating on Equifax shares.
07:03 EDTEFXEquifax downgraded to Hold from Buy at Deutsche Bank
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