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Stock Market & Financial Investment News

News For V;MA;AXP;ACN;XRX;PAY;DFS;VNTV;IFX;WMT;BAC;WFC;TI From The Last 14 Days
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May 2, 2015
16:04 EDTDFSDiscover to hold a financial community briefing
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May 1, 2015
16:59 EDTWFCWells Fargo CEO: Mortgage market good, but not booming
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16:02 EDTBACOn The Fly: Morning Wrap-Up for May 1
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09:35 EDTBACActive equity options trading on open
Active equity options trading on open: AAPL FB LNKD ALTR GILD TSLA BAC TWTR MSFT FEYE BIDU
08:59 EDTMAMasterCard to take equity stake in First Performance
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07:20 EDTBACBank of America files $109.9M mixed securities shelf
05:57 EDTAXPJudge rules American Express can't enforce anti-steering rules, Reuters says
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April 30, 2015
19:01 EDTVOn The Fly: After Hours Movers
UP AFTER EARNINGS: Ellie Mae (ELLI), up 10%... Ocwen Financial (OCN), up 9%... athenahealth (ATHN), up 8.5%... Expedia (EXPE), up 4.5%... Skyworks Solutions (SWKS), up 3.7%... Eastman Chemical (EMN), up 2.4%... Nektar Therapeutics (NKTR), up 1.4%... FireEye (FEYE), up 2%. ALSO HIGHER: Monsanto (MON), up 3.6% following a Bloomberg report that the company approached Syngenta (SYT) about a takeover... Altera (ALTR), up 4.4% following a Reuters report that Intel (INTC) has a standstill pact set to end in June. DOWN AFTER EARNINGS: LinkedIn (LNKD), down 21.3%... Hutchinson Technology (HTCH), down 15.3%... Insulet (PODD), down 13.9%... Accuray (ARAY), down 14%... Constant Contact (CTCT), down 9.9%... Trimble Navigation (TRMB), down 6.6%... First Solar (FSLR), down 4.4%... JDS Uniphase (JDSU), down 3%... BioMarin (BMRN), down 1.8%... Visa (V), down 1.6%.
17:03 EDTDFSDiscover names Julie Loeger as Chief Marketing Officer for U.S. Cards
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16:13 EDTVVisa cuts FY15 common stock EPS growth to low-end of mid-teens range
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16:10 EDTVVisa reports Q2 payments volume growth 11%
Reports Q1 payments volume growth on constant dollar basis, for three months ended December 31 on which fiscal Q2 service revenue is recognized, was 11% over the prior year at $1.2T. Reports payments volume growth on constant dollar basis, for three months ended March 31, was 11% over the prior year at $1.2T. Reports 8% cross-border volume growth on constant dollar basis. Reports total processed transactions 17B, an 11% increase over prior year.
16:07 EDTVVisa reports Q2 EPS 63c, consensus 62c
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15:02 EDTVVisa May 65.5 weekly straddle priced for 3.5% movement into Q2
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15:01 EDTVNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Visa (V), consensus 62c... Gilead Sciences (GILD), consensus $2.32... American International (AIG), consensus $1.19... Public Storage (PSA), consensus $1.93... LinkedIn (LNKD), consensus 56c... BioMarin Pharmaceutical (BMRN), consensus (53c)... Expedia (EXPE), consensus 9c... Skyworks Solutions (SWKS), consensus $1.13... FleetCor (FLT), consensus $1.40... Eastman Chemical (EMN), consensus $1.60... Western Union (WU), consensus 38c... Fluor (FLR), consensus 98c... Fortune Brands Home & Security (FBHS), consensus 32c... Envision Healthcare (EVHC), consensus 26c... Agnico Eagle Mines (AEM), consensus 10c... FireEye (FEYE), consensus (51c)... Trimble Navigation (TRMB), consensus 30c... PerkinElmer (PKI), consensus 46c... Genpact (G), consensus 25c... athenahealth (ATHN), consensus 14c... Seattle Genetics (SGEN), consensus (19c)... HEALTHSOUTH (HLS), consensus 56c... Teradyne (TER), consensus 12c... Superior Energy (SPN), consensus (5c)... Eldorado Gold (EGO), consensus 2c... Regal Entertainment (RGC), consensus 12c... JDS Uniphase (JDSU), consensus 9c... MRC Global (MRC), consensus 18c... Boyd Gaming (BYD), consensus 9c... Ruckus Wireless (RKUS), consensus 8c... Cloud Peak Energy (CLD), consensus (12c).
14:23 EDTMA, VEarnings Watch: Visa to report after mixed peer results
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09:04 EDTMAMasterCard price target raised to $105 from $91 at Susquehanna
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08:12 EDTPAYVerifone terminal, PIN pad solutions selected by Harbortouch
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07:14 EDTMAMasterCard Q1 results 'a touch disappointing,' says Stifel
After MasterCard reported higher than expected Q1 EPS but lower than expected revenue, Stifel says that the company's higher rebates seem likely to persist, while spending is unlikely to provide much of an offset. However, the firm thinks that pricing and expense controls leave the company well-positioned to report solid results. It keeps a Buy rating on the shares.
07:13 EDTVNTVVantiv sees Q2 adjusted EPS 53c-55c, consensus 55c
Sees Q2 revenue $405M-$410M, consensus $407.05M.
07:12 EDTVNTVVantiv reports Q1 adjusted EPS 45c, consensus 44c
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06:26 EDTBAC, WFCBanks, government dispute 'aggressive' foreign-bribery laws, WSJ reports
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April 29, 2015
16:01 EDTBACOptions Update; April 29, 2015
iPath S&P 500 VIX Short-Term Futures up 47c to 21.24 Option volume leaders: AAPL TSLA TWTR GILD FB AMZN C MCD BAC CRM BIDU WYNN according to Track Data.
15:00 EDTVNTVNotable companies reporting before tomorrow's open
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14:42 EDTXRXXerox management to meet with Piper Jaffray
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10:55 EDTWMTWal-Mart commits to invest in 115 new stores in China by 2017
Walmart’s global president and CEO, Doug McMillon, reiterated Walmart’s commitment to growing its business in China while speaking live at an event in Beijing, the company announced. McMillon committed that from 2015-2017, Walmart will open 115 new stores in China, including supercenter and Sam’s Club formats, creating more than 30,000 jobs in Shanghai, Shenzhen, Changsha, Wuhan and other Tier 1 & 2 cities. Walmart’s Sam’s Club format is also a key part of investment strategy and Walmart plans to open 7 new clubs in the next 2-3 years, the company stated. In the future, Walmart will continue to invest in remodeling and upgrading existing stores, investing more than RMB370M in the remodeling of more than 50 stores in 2015.
09:41 EDTMAMasterCard says China rules not done, may be in position to switch in 2016
MasterCard's CEO Banga said that detailed regulations are yet to be issued in China and that some combination of the People's Bank of China and the China banking regulatory commission will put out those detailed regulations, though it is unclear exactly when those will get published. Banga added that the company is already preparing to submit a license application, though he "does not really know" how long the process in China will take for sure. "I kind of think that we should expect to be in a position to switch in China sometime towards the end of 2016. Obviously, if it moves more quickly, that's great for us. But in the meantime there is a lot of people in the company working very hard to get ready for this opportunity to take advantage of it as soon as we possibly can," MasterCard's CEO added on the company's Q1 earnings call.
09:36 EDTMAMasterCard sees delivering at low end of 2013-15 revenue CAGR target
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09:31 EDTMAMasterCard sees FY15 revenue growth ex-forex in high single-digits
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09:29 EDTMAMasterCard says most business drivers in April similar to Q1
Through April 21, processed volume had global growth of 10%, similar to the first quarter. In the U.S., processed volume grew 4%, similar to Q1, including roughly a 2 ppt impact from lower gas prices. Processed volume outside the U.S. grew 16%, or about 1 ppt lower than Q1 with growth of mid-to-high teens in each region. Globally processed transaction growth was 12%, similar to what was seen in Q1.
09:26 EDTMAOn The Fly: Pre-market Movers
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09:11 EDTMAMasterCard CEO says underlying fundamentals strong despite currency impacts
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08:05 EDTMAMasterCard reports Q1 operating expenses decreased 1%
Total operating expenses decreased 1%, or increased 3% when adjusted for currency, to $879M during Q1 compared to the same period in 2014. "While the company continued to make strategic investments, foreign exchange gains and ongoing cost management helped to moderate overall expenses, despite the 9 percentage points contributed by acquisitions. The foreign exchange gains related to currency hedging and balance sheet remeasurement, including the impact of devaluation of the Venezuelan Bolivar," the company said.
08:02 EDTMAMasterCard reports Q1 EPS 89c, consensus 80c
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06:14 EDTWFC, BACSEC proposal would inform investors how pay aligns with results, WSJ reports
The SEC is today set to propose long-awaited rules that would force thousands of companies to inform investors how the pay of top management aligned with the firm's financial results, The Wall Street Journal reports. If approved, companies would have to include a table in their annual proxy filings disclosing "actual pay" of top executives. Reference Link
05:53 EDTWMTWal-Mart accelerates China expansion, adds 115 new stores, Financial Times says
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April 28, 2015
15:07 EDTMANotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 80c... Time Warner (TWX), consensus $1.09... Mondelez (MDLZ), consensus 38c... NextEra Energy (NEE), consensus $1.27... General Dynamics (GD), consensus $1.95... Lumber Liquidators (LL), consensus 16c... Southern Co (SO), consensus 58c... Anthem (ANTM), consensus $2.66... Praxair (PX), consensus $1.44... Norfolk Southern (NSC), consensus $1.00... Eaton (ETN), consensus 98c... Thomson Reuters (TRI), consensus 45c... Franklin Resources (BEN), consensus 86c... Northrop Grumman (NOC), consensus $2.27... Hilton Worldwide (HLT), consensus 12c... Exelon (EXC), consensus 69c... Humana (HUM), consensus $2.56... International Paper (IP), consensus 80c... Hess (HES), consensus ($1.05)... Level 3 Communications (LVLT), consensus 33c... Starwood Hotels & Resorts (HOT), consensus 57c... Ametek (AME), consensus 63c... Garmin (GRMN), consensus 57c... Quintiles Transnational (Q), consensus 71c... New York Community Bancorp (NYCB), consensus 26c... Spirit Aerosystems (SPR), consensus 92c... Spirit Airlines (SAVE), consensus 96c... Brunswick (BC), consensus 61c... KBR (KBR), consensus 17c... Linn Energy (LINE), consensus (20c)... Cullen/Frost Bankers (CFR), consensus $1.09... WEX (WEX), consensus 99c... RPC (RES), consensus 11c... Hercules Offshore (HERO), consensus (38c).
14:27 EDTMAEarnings Watch: Analysts mixed on MasterCard ahead of Q1 results
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14:08 EDTWFCWells Fargo raises quarterly dividend 7% to 37.5c
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09:36 EDTVActive equity options trading on open
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08:17 EDTBACBank of America probed by SEC over customer-protection rules, WSJ reports
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07:56 EDTVVisa volatility elevated into Q2 and outlook
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07:38 EDTMAMasterCard volatility elevated into Q2 and outlook
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07:01 EDTWMTVIVUS announces discount program through Sam's Club for Qsymia
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06:24 EDTMA, VSmall lenders object to settlements between card networks merchants, WSJ says
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April 27, 2015
20:03 EDTWMTBest Buy's use of Apple Pay raises questions about Wal-Mart's MCX, Re/code says
Best Buy (BBY) announced it will accept Apple (AAPL) Pay in its stores later in the year, reports Re/code, citing company statements. Re/code notes that the move raises questions about Best Buy's previously announced partnership with rival payment consortium MCX, spearheaded by Wal-Mart (WMT). A Best Buy spokesperson said it is "too early to declare" whether the company will use MCX's platform at launch, while multiple sources claimed the delay in implementing Apple Pay is partly due to exclusivity agreements with MCX. Reference Link
16:03 EDTMAMasterCard to acquire Applied Predictive Technologies for $600M
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10:00 EDTTIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Canaccord... Akorn (AKRX) downgraded to Neutral from Overweight at Piper Jaffray... Allegiant Travel (ALGT) downgraded to Fair Value from Buy at CRT Capital... Altera (ALTR) downgraded to Neutral from Outperform at Baird... Amazon.com (AMZN) downgraded on valuation at Argus... American Science & Engineering (ASEI) downgraded to Sell from Fair Value at CRT Capital... Basic Energy (BAS) downgraded to Underperform from Neutral at Macquarie... C.H. Robinson (CHRW) downgraded to Sell from Neutral at UBS... Celladon (CLDN) downgraded to Neutral from Buy at Roth Capital... DST Systems (DST) downgraded to Neutral from Outperform at Credit Suisse... DeVry (DV) downgraded on weaker than expected outlook at Stifel... Eaton Vance (EV) downgraded to Sell from Neutral at Citigroup... Emerge Energy (EMES) downgraded to Hold from Buy at Wunderlich... FMC Technologies (FTI) downgraded to Accumulate from Speculative Buy at Global Hunter... Fibria Celulose (FBR) downgraded to Underweight from Equal Weight at Morgan Stanley... Forum Energy (FET) downgraded to Neutral at Baird... Gulf Island Fabrication (GIFI) downgraded to Hold from Accumulate at Johnson Rice... Hancock Holding (HBHC) downgraded to Hold from Buy at Drexel Hamilton... Hi-Crush Partners (HCLP) downgraded to Hold from Buy at Wunderlich... Houghton Mifflin (HMHC) downgraded to Neutral from Buy at Citigroup (Friday)... Infosys (INFY) downgraded to Hold from Buy at Deutsche Bank... Marvell (MRVL) downgraded to Hold from Buy at Craig-Hallum... Merge Healthcare (MRGE) downgraded to Hold from Buy at Topeka... Oceaneering (OII) downgraded to Neutral from Buy at Goldman... Omega Healthcare (OHI) downgraded at BofA/Merrill... Perrigo (PRGO) downgraded to Neutral from Buy at UBS... Petrobras (PBR) downgraded to Underweight from Equal Weight at Morgan Stanley... Procter & Gamble (PG) downgraded on lack of upside at CLSA... ResMed (RMD) downgraded to Neutral from Buy at Goldman... Seadrill (SDRL) downgraded to Sell from Neutral at Citigroup... Six Flags (SIX) downgraded to Neutral from Buy at Goldman... Stratasys (SSYS) downgraded to Hold at Canaccord... Telecom Italia (TI) downgraded to Neutral from Buy at BofA/Merrill... Twitter (TWTR) downgraded to Neutral from Buy at SunTrust... United Continental (UAL) downgraded to Fair Value from Buy at CRT Capital... Virgin America (VA) downgraded to Sell from Buy at CRT Capital.
08:37 EDTDFSDiscover announces Apple Pay agreement with Apple
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08:08 EDTACNAccenture, Oracle form new business group
Accenture (ACN) and Oracle (ORCL) have launched a new business group to jointly help customers embrace the cloud to achieve their digital transformation goals. Through the group, Accenture and Oracle will deliver industry-specific solutions built on the Oracle Cloud to help clients realize the benefits of the cloud faster and with reduced risk. The Accenture Oracle Business Group brings together the leading technology, skills and experience from each company to offer businesses the ability to implement cloud solutions quicker and easier than previously possible.
07:35 EDTAXPAmerican Express downgraded to Neutral from Buy at Nomura
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07:27 EDTACNAccenture has made transition to higher level work, says Wells Fargo
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07:25 EDTXRXXerox legacy contracts costing more than expected, says Brean Capital
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07:13 EDTAXP, XRXUBM Tech to hold a conference
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07:06 EDTAXPAmerican Express downgraded to Neutral from Buy at Nomura
06:29 EDTTITelecom Italia downgraded to Neutral from Buy at BofA/Merrill
06:15 EDTWMTWal-Mart fighting for right to sell more alcohol in Texas, WSJ reports
Wal-Mart (WMT) is fighting for the right to sell more alcohol in Texas, The Wall Street Journal reports. The retailer is suing the Texas Alcoholic Beverage Commission, claiming legal limits on sales of hard liquor are "unconstitutional," the publication says. Wal-Mart has also joined fellow retailers Costco (COST) and Kroger (KR), as well as other groups, to back legislation that would override the current state beverage laws. Reference Link
April 24, 2015
16:31 EDTV, MAStocks finish week higher following strong tech earnings
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09:20 EDTXRXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: eHealth (EHTH), up 24.7%... Starbucks (SBUX), up 4.2%... Microsoft (MSFT), up 5.2%... Google (GOOG, GOOGL), up 3.2% and up 3.7%, respectively... Amazon (AMZN), up 12% after reporting quarterly results and announcing shopping app for Apple Watch... Gigamon (GIMO), up 16.5%... Juniper Networks (JNPR), up 6.6%. ALSO HIGHER: Molycorp (MCP), up 10.2% following a Bloomberg report that China's export tax decision may boost rare earth demand... Mattel (MAT), up 4.4% after being upgraded to Buy from Neutral at Goldman... Innocoll (INNL), up 13.1% after 3.3M share Secondary priced at $9.00... Cytosorbents (CTSO), up 9.7% after CEO comments on CytoSorb in letter to shareholders. DOWN AFTER EARNINGS: Biogen (BIIB), down 4.7%... Altera (ALTR), down 1.7%... Pandora (P), down 4%... ResMed (RMD), down 8.7%... Xerox (XRX), down 4.7%... HomeAway (AWAY), down 3.6% after reporting quarterly results and departure of officers. ALSO LOWER: Ubiquiti (UBNT), down 14.4% following CFO resignation and preliminary third quarter results... 3D Systems (DDD), down 10.4% after reporting preliminary first quarter results... StemCells (STEM), down 23.2% after filing to sell common stock... Aerie Pharmaceuticals (AERI), down 54.7% after Rhopressa Phase 3 trial did not meet primary endpoint.
09:17 EDTXRXXerox falls after results
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07:04 EDTXRXXerox sees FY15 free cash flow from ops $1.3B-$1.5B
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07:04 EDTXRXXerox sees Q2 adjusted EPS 21c-23c, consensus 25c
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07:04 EDTXRXXerox cuts FY15 adjusted EPS view to 95c-$1.01 from $1.00-$1.06
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07:03 EDTXRXXerox reports Q1 adjusted EPS 21c, consensus 21c
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05:26 EDTACNAccenture contract with CDP extended for 12 months
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April 23, 2015
19:56 EDTWMTWal-Mart blocks shareholder vote to examine possible gender bias, Guardian says
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15:01 EDTXRXNotable companies reporting before tomorrow's open
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09:35 EDTBACActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FB PBR TWTR AA COST TSLA AMZN TXN BAC
09:03 EDTV, MAHeartland announces collaboration with PAX for EMV terminals for merchants
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07:21 EDTMA, VChina unlikely to have major impact on Visa, MasterCard, says Bernstein
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07:03 EDTBAC, WFCCapital Link to hold a forum
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05:56 EDTVStocks with implied volatility movement; V SCTY
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05:53 EDTBACBank of America appeals $1.3B toxic home loan penalty, Financial Times reports
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April 22, 2015
16:44 EDTV, MAOn The Fly: Top stock stories for Wednesday
Stocks on Wall Street began the session in positive territory, but turned negative shortly after the open. The downside move failed to gain momentum and the averages remained near the flat line for most of the morning. The market moved to session highs by mid-afternoon and drifted higher into the close, as investors prepared for another round of earnings reports. ECONOMIC EVENTS: In the U.S., existing home sales rose 6.1% to a 5.19M rate in March, which was better than the expected 3.1% increase to a rate of 5.03M. Crude oil inventories built up by 5.32M barrels last week, which was more than the consensus forecast for a 3.2M barrel build. In Asia, Japan's Nikkei 225 average closed above 20,000 for the first time since April 2000. In Europe, Germany raised its economic growth forecast for 2015 to 1.8%, which was up from the 1.5% growth it said it expected in January. COMPANY NEWS: Shares of Visa (V) rose $2.66, or 4.07%, to $68.01 and MasterCard (MA) advanced $3.43, or 3.91%, to $91.20 after China's State Council announced overnight that the country will regulate the market access for bankcard transaction clearing institutions, which analysts think might allow both companies to compete for the processing of domestic transactions in the country. Goldman Sachs said the overall rule is broader and simpler than expected, raising the possibility that Visa and MasterCard could operate more freely in China than the firm had previously expected... Shares of McDonald's (MCD) advanced $2.97, or 3.13%, to $97.84 after the company reported headline earnings that missed expectations but also said it is developing a turnaround plan to improve its performance and deliver "enduring profitable growth" that it plans to share in the first week of May. MAJOR MOVERS: Among the notable gainers was Organovo (ONVO), which surged 67c, or 14.99%, to $5.14 after disclosing the company entered into a multi-year research collaboration agreement with Merck (MRK) that gives the drugmaker access to Organovo’s commercial exVive3D Human Liver Tissue service. Also higher was Vitamin Shoppe (VSI), which gained $5.54, or 14.22%, to $44.50 after asset management firm Carlson Capital revealed that it had obtained a 5.34% stake in the company and said that it had held talks with the retailer of natural treatments, supplements and vitamins. Among the noteworthy losers was Natural Resource Partners (NRP), which dropped $1.38, or 19.94%, to $5.54 after the company slashed its quarterly distribution by 75% to 9c per unit. Also lower were shares of Chipotle Mexican Grill (CMG), which fell $51.29, or 7.41%, to $641.23 after the company reported lower than expected first quarter comparable sales growth of 10.4%. INDEXES: The Dow rose 88.68, or 0.49%, to 18,038.27, the Nasdaq gained 21.07, or 0.42%, to 5,035.17, and the S&P 500 advanced 10.67, or 0.51%, to 2,107.96.
13:47 EDTMAMasterCard volatility up, China unveils rule on clearing domestic transaction
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12:58 EDTVVisa volatility elevated, China unveils rule on clearing domestic transactions
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12:43 EDTV, MAVisa, MasterCard jump after China unveils rule on clearing domestic transactions
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12:31 EDTV, MAOn The Fly: Top stock stories at midday
Stocks on Wall Street were higher at midday after having been on a bit of a see-saw during morning trading. The averages opened in positive territory, soon turned negative, then back into positive ground following the release of a better than expected existing home sales report. The housing data was followed by a lift in the averages, which remained in positive ground near noon. ECONOMIC EVENTS: In the U.S., existing home sales rose 6.1% to a 5.19M rate in March, which was better than the expected 3.1% increase to a rate of 5.03M. Crude oil inventories built up by 5.32M barrels last week, which was more than the consensus forecast for a 3.2M barrel build. In Asia, Japan's Nikkei 225 average closed above 20,000 for the first time since April 2000. In Europe, Germany raised its economic growth forecast for 2015 to 1.8%, which was up from the 1.5% growth it said it expected in January. COMPANY NEWS: Shares of McDonald's (MCD) advanced 2% after the company reported headline earnings that missed expectations but also said it is developing a turnaround plan to improve its performance and deliver "enduring profitable growth" that it plans to share in the first week of May. Also rising after its quarterly report was another globally recognized brand, Coca-Cola (KO), whose shares gained 1% after its comparable earnings per share topped the consensus estimate. A third member of the Dow, Boeing (BA), slid over 2.5% after its earnings beat expectations but its revenue fell short of the consensus forecast... Visa (V) rose 5% and MasterCard (MA) advanced over 4% after China's State Council announced overnight that the country will regulate the market access for bankcard transaction clearing institutions, which analysts think might allow both companies to compete for the processing of domestic transactions in the country. MAJOR MOVERS: Among the notable gainers was Angie's List (ANGI), which jumped 12% after the company reported it was profitable in the first quarter and announced an exclusive relationship that will see carpet manufacturer Shaw Industries give the company's members exclusive product offers. Also higher was ASML (ASML), which gained 11% after announcing that it has signed an agreement with one of its "major U.S. customers" to deliver a minimum of 15 ASML EUV, or Extreme Ultraviolet, lithography systems. Afterward, Summit Research said it thinks the most likely buyer is Intel (INTC), which the firm believes does not want to be left behind if TSMC (TSM) puts EUV to use in 10nm processing. Among the noteworthy losers was Natural Resource Partners (NRP), which dropped 19% after the company slashed its quarterly distribution by 75% to 9c per unit. Also lower following their earnings reports were ADTRAN (ADTN), which fell over 9%, Cree (CREE), which slid 9%, and Chipotle Mexican Grill (CMG), which declined 6%. INDEXES: Near midday, the Dow was up 28.69, or 0.16%, to 17,978.28, the Nasdaq was up 6.66, or 0.13%, to 5,020.77, and the S&P 500 was up 5.24, or 0.25%, to 2,102.53.
11:54 EDTV, MAGoldman says buy Visa, MasterCard as China rule broader, earlier than expected
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09:11 EDTMA, VChina move on payments market seen as positive for Visa, MasterCard
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08:47 EDTBACSouth State to acquire 13 branches from Bank of America
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April 21, 2015
19:06 EDTDFSOn The Fly: After Hours Movers
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18:18 EDTDFSDiscover says 'focused' on organic growth
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16:12 EDTDFSDiscover reports Q EPS $1.28, consensus $1.27
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15:28 EDTDFSNotable companies reporting after market close
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13:55 EDTBACBank of America Merrill Lynch to be fined GBP10M, Sky News says
The Financial Conduct Authority will fine Merrill Lynch International, a Bank of America Merrill Lynch subsidiary, GBP10M on Wednesday for incorrectly reporting certain financial transactions, reports Sky News, citing sources. http://news.sky.com/story/1469564/bank-of-america-braced-for-10m-fca-fine
10:18 EDTAXPBrinker still sees $4 in EPS by FY17
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09:02 EDTWFCBlackstone, Wells Fargo in talks on more GE financial assets, Bloomberg says
General Electric (GE), which has announced plans to divest the majority of its GE Capital businesses, is in talks about the potential sale of its $74B U.S. commercial-lending unit, reported Bloomberg, echoing a similar report from The Wall Street Journal. Potential buyers include Blackstone (BX), Mitsubishi UFJ (MTU) Wells Fargo (WFC) and Apollo Global (APO), according to people with knowledge of the matter. Reference Link
08:16 EDTACNHortonworks expands its Systems Integrator Partner Program
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06:18 EDTWMT, DFS, MA, V, AXPUS merchants struggle to meet deadline for accepting chip cards, WSJ reports
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April 20, 2015
15:00 EDTXRXXerox selected by New York for $564.9M Medicaid system contract
Xerox announced it will work with the state of New York to update its Medicaid claims processing system under a $564.9M, five-year contract with the New York State Department of Health. Under the pact , Xerox will implement its Health Enterprise solution to help manage expanding Medicaid rolls. New York Medicaid currently serves over 6M people, the company noted.
12:34 EDTWFCGE in discussions to sell $74B U.S. commercial lending unit, WSJ says
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12:31 EDTWMTWal-Mart workers claim store closings are retaliatory, Fortune says
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April 19, 2015
14:39 EDTTITelecom Italia stock could jump 25% over next year, Barron's says
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