News Breaks |
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| October 10, 2012 |
| 07:10 EDT |  | GDOT, AXP, CVS | Green Dot partner CVS may soon offer AmEx prepaid cards, says Jefferies
Jefferies said its channel checks indicate CVS Caremark (CVS), one of Green Dot's (GDOT) largest distribution partners, may offer as soon as next week American Express' (AXP) new prepaid cards. The firm believes the potential loss of share at CVS could represent incremental headline risk for Green Dot and lowered its price target for Green Dot shares to $13 from $17. Jefferies also dropped its 2012 and 2013 earnings estimates for Green Dot citing American Express' recent penetration of Green Dot's key distribution partners Wal-Mart (WMT) and CVS. |
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News For GDOT;CVS;AXP From The Last 14 Days Check below for free stories on GDOT;CVS;AXP the last two weeks. |
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| May 20, 2013 |
| 09:58 EDT |  | AXP | American Express management to meet with Buckingham
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| May 17, 2013 |
| 10:18 EDT | | GDOT | Barclays' IT consulting & computer services analyst holds conference call
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| May 15, 2013 |
| 17:30 EDT |  | CVS | Relational Investors gives quarterly update on stakes
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| 12:05 EDT | | AXP | American Express reports April net write-off rate 2.1% vs. 2.0% last month
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| 06:55 EDT | | GDOT | Green Dot expects GoBank to be available by July 4
During its presentation at FinovateSpring yesterday, Green Dot's GoBank announced that it expects to be generally available by July 4. GoBank is the first bank account designed specifically for the mobile device, the company said. |
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| May 13, 2013 |
| 09:56 EDT | | CVS | CVS Caremark has a conference call hosted by JPMorgan
JPMorgan Analyst Gill will host a conference call with CEO Larry Merlo on May 16 at 11 am. |
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| 08:32 EDT | | CVS | Walgreens extends CVS Caremark network provider agreement
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