Blackhawk weakness creates attractive entry point, says Argus Argus believes that Blackhawk's Q4 results were "somewhat disappointing," but the firm continues to believe that the company is the clear leader in a market with strong secular growth prospects. The firm thinks the stock's weakness has created an attractive entry point, and continues to identify the name as a Focus List selection. It keeps a Buy rating on the shares.
Blackhawk and USPS announce distribution deal Blackhawk Network announced a new distribution deal with the United States Postal Service. Blackhawk's closed loop gift cards are available at select USPS locations, just in time for the holidays. Coming in 2015, Blackhawk Network expects to expand distribution to additional USPS locations as well as offer open loop gift cards from a variety of payment networks which can be redeemed anywhere that network is accepted.