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January 22, 2014
07:09 EDTGDOTGreen Dot doing well at Wal-Mart, new locations, says Piper Jaffray
Piper Jaffray said its survey work indicates that Green Dot (GDOT) prepaid cards continue to do well at Wal-Mart (WMT) and new retail locations. Piper believes Green Dot has weathered competition from American Express (AXP) and others well and keeps an Overweight rating on the stock. The firm raised its price target for shares to $31 from $29.
News For GDOT 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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