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Stock Market & Financial Investment News

News Breaks
December 11, 2012
09:54 EDTGDOT, AXP, WMTGreen Dot rises after firm says company holding its own against Amex
Green Dot (GDOT), which provides prepaid debit cards, is climbing after research firm Piper Jaffray wrote that the company appears to be holding its own against a new competing offering from American Express (AXP). In a note to investors earlier today, Piper analyst Michael Grondahl wrote that the firm's survey of 75 Wal-Mart (WMT) stores indicated that American Express' (AXP) new debit card, Bluebird, is taking a significant amount of market share in only 15% of the stores, the analyst wrote. Forty-five percent of the stores that responded said that Green Dot hadn't lost any ground to American Express, while 40% said that Green Dot has been negatively impacted, but that its debit card is still selling well, the analyst wrote. Grondahl maintained an Overweight rating on Green Dot, which climbed 27c, or 2.19%, to $12.62.
News For GDOT;AXP;WMT From The Last 14 Days
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October 30, 2014
06:04 EDTWMTMCX says unauthorized parties obtained email addresses of CurrentC participants
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October 29, 2014
11:48 EDTWMTCurrentC mobile payment system endures breach, Business Insider says
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10:20 EDTGDOTHigh option volume stocks
High option volume stocks: KCG OI SWI SNY ITUB AWI GDOT PNRA EA ZLTQ
07:53 EDTWMTMCX member stores block Apple Pay amid threat of fines, NY Times says
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October 28, 2014
11:44 EDTWMTGameStop weakness on Wal-Mart news a buying opportunity, says Piper Jaffray
Piper Jaffray believes the impact of Wal-Mart (WMT) on GameStop's (GME) used business will be immaterial and views today's pullback as a buying opportunity. Piper notes that the entrance of Wal-Mart into any market should not be taken lightly, but other retailers have tried and failed before to enter the used game business and that Wal-Mart's entry actually refutes the bear thesis on GameStop that the used game business is not attractive. The firm maintains its Overweight rating and $53 price target on GameStop.
10:27 EDTWMTGameStop retreats after Wal-Mart begins selling used video games
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09:08 EDTWMTWal-Mart says 1,700 stores selling pre-owned video games
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06:56 EDTWMTWal-Mart rejecting Apple Pay for consumer 'best interests', Business Insider say
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06:38 EDTWMTApple says Apple Pay in 220,000 locations already, Business Insider reports
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October 27, 2014
10:32 EDTAXPVeriFone rises after Barron's says Apple Pay positive for company
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07:15 EDTWMTWal-Mart, Best Buy among companies rejecting Apple Pay, Business Insider says
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October 23, 2014
13:40 EDTWMTWal-Mart's Sam's Club offering services to small businesses
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October 22, 2014
09:50 EDTWMTCredit Suisse to hold a field trip
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07:36 EDTAXPFederal Reserve Bank of New York to hold a conference
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October 20, 2014
14:53 EDTAXPAmerican Express announces availability in Apple Pay
American Express (AXP) announces availability in Apple (AAPL) Pay, "the easy, safe and private way to pay with iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini 3." Apple Pay will be available for eligible U.S. Consumer and OPEN American Express Card Members. Reference Link
08:16 EDTAXPAmerican Express upgraded to Buy from Hold at Sandler ONeill
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07:42 EDTWMTWal-Mart de Mexico reports Q3 net income 4.87B pesos vs. 5.12B pesos last year
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October 17, 2014
16:55 EDTWMTStocks end volatile week lower amid oil price plunge
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12:34 EDTAXPAmerican Express to boost merchant adoption of secure payment terminals
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10:23 EDTWMTWal-Mart volatile in mixed trading as it nears 52-week lows
The shares have been trading in a dollar range, but with multiple sweeps higher and lower this morning as price nears the 52-week low at $72.27. At the current price of $73.74, next support is at $73.03, the session low. Resistance is at $74.18, the high of the day.
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