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Stock Market & Financial Investment News

News Breaks
October 10, 2012
09:59 EDTGDOT, CVS, AXPGreen Dot falls after firm says CVC close to deal with AmEx
Prepaid card issuer Green Dot (GDOT) is sliding after research firm Jefferies, in a note to investors earlier today, wrote that CVS (CVS) may be planning to offer American Express (AXP) prepaid cards. CVS is one of Green Dot's largest distribution partners, and generates about 6% of the card issuer's total revenues, according to Jefferies. Due to American Express' rapid encroachment on Green Dot's largest distribution partners, the firm reduced its 2012 and 2013 revenue and earnings per share estimates for the company. Jefferies also slashed its price target on Green Dot to $13 from $17 and maintained a Hold rating on the stock. In early trading, Green Dot sank 40c, or 4%, to $9.60. The shares fell significantly Monday after Wal-Mart, another distribution partner of Green Dot, announced a deal to roll-out American Express prepaid cards in 4,000 of its store.
News For GDOT;AXP;CVS From The Last 14 Days
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June 24, 2015
08:33 EDTCVSCVS Health enters into four new clinical affiliations
CVS Health has entered into new clinical affiliations with Sutter Health in California, Millennium Physician Group in Florida, Bryan Health Connect in Nebraska and Mount Kisco Medical Group, PC in New York. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations.
June 23, 2015
16:29 EDTGDOTOn The Fly: Top stock stories for Tuesday
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10:54 EDTCVSCVS Health expects to complete $5B in share repurchases in 2015
10:40 EDTCVSCVS Health sees Omnicare transaction closing by end of year
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10:31 EDTCVSCVS Health names Norman de Greve as Chief Marketing Officer, effective July 15
CVS Health announced that Norman de Greve will join CVS Health as Chief Marketing Officer, effective July 15. In this role, de Greve will be accountable for marketing strategy across the enterprise. He is currently the President of the Boston and Detroit offices of DigitasLBi.
10:03 EDTGDOTHigh option volume stocks
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09:14 EDTGDOTOn The Fly: Pre-market Movers
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07:05 EDTGDOTGreen Dot price target raised to $24 from $22 at Piper Jaffray
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06:31 EDTGDOTGreen Dot contract terms better than feared, says JPMorgan
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June 22, 2015
19:00 EDTGDOTOn The Fly: After Hours Movers
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16:33 EDTGDOTGreen Dot rallies sharply on Walmart deal
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16:28 EDTGDOTGreen Dot up 27% after announcing deal with Wal-Mart
16:06 EDTGDOTGreen Dot authorizes $150M share repurchase program
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16:02 EDTGDOTGreen Dot to remain program manager for Walmart
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08:31 EDTAXPGlobal Payments to roll out OptBlue program for AmEx card acceptance in Canada
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June 19, 2015
16:24 EDTCVSStocks end week higher after Fed reassures on gradual pace of rate increases
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06:42 EDTAXPAmEx to stop restricting merchants from favoring rivals, WSJ reports
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June 18, 2015
10:01 EDTCVSOn The Fly: Analyst Initiation Summary
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07:38 EDTCVSLeerink to hold a roundtable
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