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Stock Market & Financial Investment News

News Breaks
December 11, 2012
09:54 EDTAXP, GDOT, 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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February 11, 2016
13:30 EDTGDOTGreen Dot jumps after report says exploring alternatives
The move higher in shares of Green Dot is being attributed to a dealReporter story about the company exploring strategic alternatives. According to sources, dealReporter said Green Dot is in the early stages of exploring alternatives after coming under activist pressure from Harvest Capital. Shares of the prepaid debit cards provider are up 4%, or 68c, to $18.46 in midday trading.
13:22 EDTGDOTGreen Dot strength attributed to report of exploring sale
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09:36 EDTAXPActive equity options trading on open
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February 9, 2016
07:02 EDTAXPAmerican Express price target lowered to $66 from $90 at Deutsche Bank
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05:55 EDTAXPPiper's Munster sees PayPal product differentiation being reduced
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February 5, 2016
06:23 EDTAXP20 companies make alliance to keep down healthcare costs, WSJ says
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February 4, 2016
07:07 EDTAXPHMG Strategy is holding a summit
2016 Phoenix CIO Executive Leadership Summit is being held in Scottsdale, AZ on February 4.
06:14 EDTWMTWalmart sues Puerto Rico over tax increase, NY Times says
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February 3, 2016
20:02 EDTWMTWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
February 1, 2016
08:08 EDTWMTMoneyGram, Wal-Mart announce new three-year agreement
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January 29, 2016
06:51 EDTWMTJury says Wal-Mart must by pharmacist $31.22M in gender bias case, Reuters says
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