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Stock Market & Financial Investment News

News Breaks
January 14, 2014
07:55 EDTCATM, HPY, PAYJPMorgan upgrades VeriFone, cuts Heartland, Cardtronics
JPMorgan recommends taking profits in the merchant acquiring group and downgraded shares of Heartland Payment (HPY) and Cardtronics (CATM) to Neutral from Overweight. The firm upgraded shares of VeriFone (PAY) citing low expectations and the potential for positive earnings revisions with new management in place. JPMorgan raised its price target for VeriFone shares to $32 from $27.
News For PAY;HPY;CATM From The Last 14 Days
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May 26, 2015
09:30 EDTCATMCardtronics signs agreement to sell the retail portion of U.K. operation
Cardtronics announced that it has signed an agreement to sell the retail portion of its U.K. cash-in-transit operation. The retail arm of Cardtronics U.K.'s cash-in-transit business, which provides cash pickup and delivery services for retail stores, will be divested to Loomis, an international leader in the cash handling services industry. Cardtronics U.K. will continue to provide cash replenishment and maintenance services for both its owned and third-party ATM estates. The deal to divest the retail cash-in-transit business is expected to close on July 1. Purchase consideration is approximately GBP18M. Cardtronics expects its revenues in the second half to be reduced by approximately $13M due to this divestiture. Impact on profits is expected to be immaterial to 2015 results. Cardtronics plans to update FY15 financial guidance in connection with its Q2 earnings release, anticipated to occur in late July or early August.
May 22, 2015
09:58 EDTPAYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Allison Transmission (ALSN) initiated with a Buy at Stifel... Avago (AVGO) initiated with a Buy at Mizuho... Blackstone (BX) initiated with a Positive at Susquehanna... Cellectis (CLLS) initiated with an Outperform at Oppenheimer... Cypress Semiconductor (CY) initiated with a Buy at Mizuho... Esperion (ESPR) initiated with a Sell at Chardan... H&R Block (HRB) initiated with an Overweight at Piper Jaffray... Horizon Pharma (HZNP) initiated with an Outperform at Leerink... M/A-COM (MTSI) initiated with a Buy at Goldman... Meritor (MTOR) initiated with a Hold at Stifel... Micron (MU) initiated with a Buy at Mizuho... Monster Worldwide (MWW) initiated with a Neutral at Piper Jaffray... NXP Semiconductors (NXPI) initiated with a Buy at Mizuho... National Storage (NSA) initiated with a Sector Weight at KeyBanc... ON Semiconductor (ON) initiated with a Buy at Mizuho... Qorvo (QRVO) initiated with a Buy at Goldman... SanDisk (SNDK) initiated with a Neutral at Mizuho... Sharps Compliance (SMED) initiated with a Buy at Stifel... Skyworks (SWKS) initiated with a Buy at Mizuho... StemCells (STEM) initiated with a Buy at Cantor... Synaptics (SYNA) initiated with a Buy at Mizuho... Synergy Pharmaceuticals (SGYP) initiated with a Buy at Canaccord... Texas Instruments (TXN) initiated with a Neutral at Mizuho... TriNet (TNET) initiated with a Neutral at Piper Jaffray... Vascular Biogenics (VBLT) initiated with a Buy at Roth Capital... Verifone (PAY) initiated with an Outperform at Imperial Capital... uniQure (QURE) initiated with an Outperform at Oppenheimer.
05:34 EDTPAYVerifone initiated with an Outperform at Imperial Capital
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May 20, 2015
10:00 EDTHPYOn The Fly: Analyst Initiation Summary
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May 19, 2015
16:49 EDTHPY, HPYHeartland Payment initiated with a Buy at CLSA
Target $65.
May 17, 2015
15:28 EDTHPYHeartland Payment launches reservation app for U.S. restaurants
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