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Will VeriFone's $1 Billion Acquisition Pay Off?
Monday, November 14, 2011 - 3:21pm | 924VeriFone is trading up more than 5% this afternoon on the news that it will acquire Northern Europe's largest provider of payment and gateway services. According to VeriFone's own release, the company will spend approximately €600 million to acquire all of the equity of Point, a provider of...
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Earnings Expectations for the Week of September 5
Sunday, September 4, 2011 - 4:54pm | 806Altera (NASDAQ: ALTR) and Kroger (NYSE: KR) are the only S&P 500 components currently on the schedule to report earnings this holiday-shortened week. Analysts on average expect the semiconductor maker to post earnings that are a nickel per share lower than a year ago. But earnings of the...
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Earnings Expectations for the Week of September 5
Sunday, September 4, 2011 - 4:46pm | 806Altera (NASDAQ: ALTR) and Kroger (NYSE: KR) are the only S&P 500 components currently on the schedule to report earnings this holiday-shortened week. Analysts on average expect the semiconductor maker to post earnings that are a nickel per share lower than a year ago. But earnings of the...
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Marc Gardner: Building Startups Before Startups Were Cool
Monday, July 25, 2011 - 10:02am | 1018Years before startups became the cool thing that all the “cool” kids were doing, Marc Gardner decided to leave his full-time gig behind and start a company of his own. It was a risky move, to be certain. But it has paid off tremendously. “Being a young entrepreneur, I thought it would be a great...
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Earnings Highlights for the Week of May 30
Sunday, May 29, 2011 - 4:09pm | 850Things will be fairly quiet on the earnings front this holiday-shortened week as the spring earnings season winds down. Joy Global (NASDAQ: JOYG) and SAIC (NYSE: SAI) are the only S&P 500 components currently on the scheduled to report quarterly results this week. The latter is expected to post...
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J.P. Morgan Raises Estimates on VeriFone (PAY)
Wednesday, March 2, 2011 - 8:39am | 118J.P. Morgan is out with its report today on VeriFone (NYSE: PAY), raising estimates on PAY. In a note to clients, J.P. Morgan states, "We're raising estimates to reflect stronger revenue and gross margin trends. We are increasing our FY11 and FY12 adjusted EPS estimates to $1.77 and $2.14 (from $1....