New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 6, 2014
11:26 EDTMCRS, NXPI, DBD, PAY, USAT, NCRVeriFone hits 52-week high after better than expected results
Shares of VeriFone Systems (PAY), which is involved in secure electronic payment solutions, are rising after the company’s second quarter results and its revenue outlook surpassed expectations. WHAT'S NEW: Last night, VeriFone reported Q2 adjusted earnings per share of 37c and adjusted revenue of $467M, beating the consensus views of 33c and $443.42M, respectively. VeriFone forecast Q3 adjusted EPS of 33c-34c versus consensus of 37c. Q3 adjusted revenue was seen at $455M-$460M, which was above the consensus of $453.83M at the midpoint. For FY14, adjusted EPS was forecast at $1.42-$1.44, compared to consensus $1.43, while adjusted revenue was seen at $1.825B-$1.835B, topping the consensus of $1.8B. WHAT’S NOTABLE: The company also announced that the competition commission of India is investigating certain complaints made against it, alleging unfair practices based on certain provisions in its software development license arrangements in India. VeriFone noted it has cooperated with requests by the CCI in its investigation. OTHERS TO WATCH: After VeriFone stated that 15 of its existing POS customers moved to EMV credit card technology, Sterne Agee wrote in a note to investors that it thinks the EMV trend is gathering steam and provides a tailwind to NXP Semiconductors (NXPI). The firm notes that banks are continuing to roll out EMV-enabled cards and kept a $74 price target and Buy rating on NXP's shares. Other companies in the POS system and electronic payment space include NCR Corporation (NCR), Diebold (DBD), USA Technologies (USAT), and MICROS Systems (MCRS). PRICE ACTION: In late morning trading, VeriFone rose about 7%, to $36.23 on heavy trading volume. Earlier in the session, the stock hit a new 52-week high of $36.74. Including today’s advance, the stock has more than doubled in price over the past twelve months.
News For PAY;NXPI;NCR;DBD;MCRS;USAT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
December 16, 2014
13:11 EDTNXPINXP Semiconductors rises after positive analyst mention, Apple Pay news
Subscribe for More Information
10:34 EDTPAYOptions with decreasing implied volatility
Options with decreasing implied volatility: TLM LE CIEN LULU RH ATHN PAY
07:41 EDTNXPISome semconductor names to benefit from LTE, auto strength, says Oppenheimer
Subscribe for More Information
December 15, 2014
18:30 EDTPAYOn The Fly: After Hours Movers
UP AFTER EARNINGS: VeriFone Systems (PAY), up 1.5%. ALSO HIGHER: Prothena (PRTA), up 10.7% after receiving FDA fast track designation for NEOD001... Boeing (BA), up 2.3% after increasing dividend by 25% and authorizing a $12B share repurchase plan... Yamana Gold (AUY), up 4.6% after reporting new discoveries at Chapada, El Penon. LOWER: Abraxas Petroleum (AXAS), down 2% after reporting fourth quarter volume guidance and fiscal 2015 production guidance.
16:58 EDTPAYVeriFone announces partnership with First Data
Subscribe for More Information
16:07 EDTPAYVeriFone sees Q1 EPS 40c, consensus 45c
Subscribe for More Information
16:05 EDTPAYVeriFone sees FY15 EPS $1.85-$1.90, consensus $1.97
Sees FY15 revenue $2.02B-$2.04B, consensus $2.03B
16:03 EDTPAYVeriFone reports Q4 EPS 44c, consensus 41c
Subscribe for More Information
15:21 EDTPAYNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include VeriFone Systems (PAY), consensus 41c; FuelCell Energy (FCEL), consensus (2c); Willbros Group (WG), consensus 15c.
14:11 EDTPAYVeriFone technical comments ahead of results
Subscribe for More Information
13:56 EDTPAYVeriFone technical comments ahead of results
The stock has been in a downtrend since topping out near the 52-week high in November. That 52-week high, at $38.26, has been notable resistance in the prior year. If the news is weaker than expected, the downtrend could extend. Support levels that could become additional downside objectives are at $31.13, $30.19, and $28.95. A move that takes the shares below $30 would signal a potential major topping pattern that could be long-term bearish for price. If the news is better than expected, resistance levels that could become upside objectives are at $34.94, $36.53, $37.46, and the 52-week high at $38.26.
10:10 EDTPAYHigh option volume stocks:
High option volume stocks: RVBD AGCO FRO CRUS UBNT LH PAY PETM OREX KOS
December 10, 2014
08:47 EDTDBDDiebold extends cost reduction initiative into 2016 and 2017
Subscribe for More Information
08:47 EDTDBDDiebold sees FY15 non-GAAP EPS $1.90-$2.10, consensus $2.03
Sees FY15 financial self-service revenue up 2%-4%; Sees FY15 security revenue relatively flat YoY. Sees FY15 Brazil "other" revenue to be approximately $50M. Sees FY15 non-GAAP effective tax rate of approximately 30%. Sees FY15 free cahs flow to be approximately $120M. Sees FY15 negative impact from currency of 1.5%.
08:45 EDTDBDDiebold backs FY14 non-GAAP EPS $1.70-$1.80, consensus $1.77
Subscribe for More Information
07:33 EDTUSATUSA Technologies announces large-scale cashless payments roll out
USA Technologies announced a large-scale roll out with Five Star Food Service. Five Star Food Service is a full-service vending and micro-markets, office refreshment services and corporate dining company.
07:24 EDTDBDImperial Capital to hold a conference
Subscribe for More Information
December 9, 2014
10:23 EDTNXPIOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:52 EDTNXPINXP Semiconductors price target raised to $80 from $75 at Morgan Stanley
Subscribe for More Information
December 8, 2014
16:06 EDTNXPINXP Semiconductors initiated with an Outperform at Oppenheimer
Target $100.
1 | 2 | all recent news | >>

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