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Stock Market & Financial Investment News

News Breaks
January 16, 2013
13:48 EDTGDOT, FDC, NTSPFlorida AG reaches settlements with prepaid debit card companies
Florida Attorney General Pam Bondi’s office announced it has reached settlements requiring reforms to the business practices of five of Florida's prepaid debit card companies, including First Data, Green Dot (GDOT), Net Spend (NTSP). Following an investigation based upon concerns that consumers where not advised of fees and misled by claims that using the cards would build positive credit history, the settlements require the companies to provide notice of fees and prohibits them from making misleading claims about the ability of prepaid debit cards to build positive credit history. Additionally, the companies have agreed to pay $115,000 to the Central Florida Chapter of Junior Achievement. Reference Link
News For GDOT;NTSP;FDC From The Last 14 Days
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January 29, 2015
16:27 EDTGDOTGreen Dot sees 2015 EPS $1.24-$1.47, consensus $1.34
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16:26 EDTGDOTGreen Dot reports Q4 EPS 16c, consensus 17c
Reports Q4 revenue $153M, consensus $154.29M.
January 20, 2015
13:01 EDTGDOTWal-Mart launches cash pickup option for tax refunds
As Americans begin to file their tax returns, Walmart (WMT) announced the launch of a first-of-its-kind service that allows consumers to “skip the check” and pick up their tax refunds in cash. Walmart Direct2Cash is available nationwide starting today and will help customers save time and money when compared to traditional tax refund options. Walmart is working with Tax Products Group, a Green Dot Company (GDOT), and Republic Bank & Trust Company, member FDIC, two providers of tax-related financial products and services, to provide Walmart Direct2Cash as an option to millions of customers. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.

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