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Stock Market & Financial Investment News

News Breaks
February 19, 2013
17:20 EDTGDOT, TSS, NTSPNetSpend up 30% after being acquired by Total System for $16 per share
NetSpend (NTSP) announced it entered in an agreement with Total System Services (TSS) to be acquired for $16 per share, sending shares up $3.71, or 30.19%, to $16.00. Green Dot (GDOT), which competes with NetSpend in the general purpose reloadable, or GPR, debit card space is also trading higher in the after hours, up $2.87, or 19.62%, to $17.50.
News For NTSP;TSS;GDOT From The Last 14 Days
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April 23, 2014
08:01 EDTTSSTotal System weakness a buying opportunity, says Citigroup
Citigroup recommends using any post-earnings weakness in shares of Total System Services as a buying opportunity. Citi lowered its price target for shares to $35 from $36 and keeps a Buy rating on the name.
April 22, 2014
16:11 EDTTSSTotal System sees FY14 adjusted EPS $1.90-$1.93, consensus $1.93
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16:09 EDTTSSTotal System reports Q1 adjusted EPS 38c, consensus 43c
Reports Q1 revenue $592.8M, consensus $613.93M.
07:24 EDTGDOTSourceMedia to hold a forum
26th Annual Card Forum & Expo is being held in Orlando on April 22-25.
April 21, 2014
09:27 EDTTSSNetspend, Western Union to introduce co-branded prepaid card in U.S.
NetSpend, a TSYS (TSS) company, announced it has joined forces with Western Union (WU) to develop an innovative co-branded prepaid card, available later this year. NetSpend and Western Union will jointly develop the co-branded cardís custom features through NetSpendís proprietary payments platform, and both companies plan to deliver the card through a portion of their combined distribution networks later this year. Details on card pricing, features and availability will follow at the product launch.

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