New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 17, 2014
14:23 EDTMCRS, ORCL, PAY, NCR, DBDPayment system makers rise after report of imminent MICROS takeover
Shares of companies that sell retail payments systems and point-of-sale hardware are rising after Bloomberg reported that Oracle (ORCL) is nearing a deal to acquire one of the companies in the sector, MICROS (MCRS). WHAT'S NEW: Oracle is close to acquiring MICROS, which makes payment systems, for over $5B, Bloomberg reported earlier today, citing unnamed sources. MICROS sells payment systems, including cash registers, to companies in the retail, restaurant, and hospitality sectors. Its stock was trading this afternoon at a market capitalization of slightly less than $5B, according to Yahoo Finance data. OTHERS TO WATCH: NCR (NCR), Diebold (DBD) and VeriFone (PAY), which provide solutions and services for retail and hospitality clients, are rising in the wake of Bloomberg's report about MICROS. PRICE ACTION: In mid-afternoon trading, MICROS surged 15% to $66.50, NCR climbed 3% to $33.50, VeriFone gained 1.5% to $37.50 and Diebold advanced 1.6% to $39.
News For MCRS;ORCL;PAY;NCR;DBD From The Last 14 Days
Check below for free stories on MCRS;ORCL;PAY;NCR;DBD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 16, 2014
08:08 EDTORCLOracle Social Cloud announces LinkedIn support for SRM platform
Subscribe for More Information
08:06 EDTNCRNCR selected by UniPro Foodservice
Subscribe for More Information
July 14, 2014
12:49 EDTORCLOracle hosts an educational webcast
Subscribe for More Information
July 10, 2014
16:15 EDTORCLKEYW, Oracle collaborate on advanced security solutions
Subscribe for More Information
07:20 EDTORCLIridium completes implementation of Oracle's management and billing solution
Subscribe for More Information
06:00 EDTPAYeBay repatriated cash likely to be used for M&A, says Piper Jaffray
Piper Jaffray believes a large part of the $9B in cash eBay expects to repatriate to the U.S. will be used for acquisitions in the payments space. The cash, equating to $6B net of taxes, could help eBay take advantage of the shift to mobile payments, the firm says. Piper lists Square, VeriFone (PAY), iZettle and Corduro as companies in the payment space that are within acquisition range for eBay. The firm has an Overweight rating on eBay with a $63 price target.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use