Right on the roster of companies that GMI believed to offer a disproportionate risk of something going very wrong in the near future – a so-called Black Swan event – was Hewlett-Packard's name.
Hikmet Ersek, Global CEO at Western Union Company, says it has a plan to deal with critics who question the company's performance and cites its strong operations in Asia.
*MasterCard quarterly profit rises 8 percent. Oct 31- Increased consumer spending and card use worldwide drove quarterly profits higher for Visa Inc and MasterCard Inc, according to new financial reports from the two payments companies.
Oct 31- MasterCard Inc reported a quarterly profit that handily topped market estimates as more people, particularly in Asia, opted to use credit and debit cards instead of cash. MasterCard has been boosting its presence outside the United States, cashing in on higher-growth markets in Asia and the Nordic countries.
*Sees full-year non-GAAP EPS $1.65- $1.68. Oct 30- Western Union Co, the world's largest payment transfer company, cut its full-year forecast as rising competition and weak markets weigh on its business. Western Union raised its share buyback plan to $750 million and its annual dividend by 25 percent to 50 cents.
Oct 12- Link to Fitch Ratings' Report: Transaction Processors. --eBay Inc.,-- First Data Corp.,. --Fidelity National Information Services Inc.,.
As competition for the growing 'underbanked' business rises, banks keep lowering their fees on prepaid accounts — prompting some to re-work their business models.
Western Union has been getting sold along with the rest of the market, but option traders are betting on a rebound.
European shares are seen clawing back some of the losses they saw on Monday, but persisting concerns over the debt crisis in Europe could keep gains in check.
Jim Cramer’s researcher, Nicole Urken, shows examples of divergence among stocks in the same sector.
U.S. stocks posted their largest percentage decline of the year on Friday, taking a break from the strong gains seen in the past six weeks.
Caesars Entertainment is among several companies showing unusual movement in Wednesday's trading session.
Take a look at some of Wednesday morning's early movers:
Citigroup expects relative outperformance in the card and payments sector although headwinds are forming, said the company’s analysts in a research report released Monday. Citi also raised its price target for American Express, MasterCard and Visa.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
What follows is a roundup of corporate earnings reports for Tuesday, April, 26.
Positive earnings surprises have helped keep stocks buoyant, a trend that may help counteract the "sell in May" theory.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 1.
Here's why you should keep a close eye on these six stocks.
Berkshire Hathaway would have been wiser to outsource investing advice to hedge funds rather than hire a manager whose experience is concentrated in one sector, another fund's manager told CNBC Tuesday.