Agreement Extends Long-Standing Relationship with Nationally Recognized Brand Name in Casual Dining CategoryDALLAS, Nov. 20 /PRNewswire-FirstCall/ --Alliance Data Systems Corporation (NYSE: ADS), a
Epsilon to Continue Managing National Supporter Database and Loyalty EffortsDALLAS, Oct. 28 /PRNewswire-FirstCall/ --Alliance Data Systems Corporation (NYSE: ADS), a leading provider of loyalty and
Remember we own Alliance Data Systems (ADS) for a non-financial, non-commodity (i.e. non correlated to the most controversial areas of the market), heavy buyback stock. [See: Starting New Position: Alliance Data Systems]. While these criteria have not protected the stock completely, it's done better than a lot of things of late on a relative basis as it's "only" down about 20% from recent peak.
With the stock up nearly 6% in early trading, off of a solid earnings report, I am going to take off most of this position, and reduce it from a...
Writedowns, trading losses for Credit Suisse. Credit Suisse (CS) reported a Q3 net loss of 1.26B Swiss francs ($1.08B), its second consecutive quarterly loss, as compared to a profit of 1.3B francs a year ago. The loss stemmed from writedowns on leveraged loans and mortgage-backed securities as well as roughly 1.7B francs of trading losses. CEO Brady Dougan, calling the markets 'very challenging,' warned he's 'cautious' on the outlook for Q4. Shares -3.1% in Swiss trading, bringing the stock to a 34% decline this year.
CBOE VIX Index ((VIX)) – Another false dawn with the bull dragged to the water by the ring through its nose only to find the water was tainted. The early buying inspired by an insipid inflation report soon gave way to another bout of selling and a casual record reading for the VIX index, which reached 81.17. With options maturing next week, investors are forced into an ever tighter corner and have reached today for 90 and 100 strike calls. One never knows whether there will be a spike at expiration...
In a 13D filing before the close on Alliance Data Systems Corporation (ADS), ValueAct Capital disclosed a 5.9% (4,706,620 shares). This is up from the 2,009,900 shares held at the quarter ended 3/31/08.
In a pretty standard disclosure, ValueAct did not make any direct requests on Alliance Data Systems, but said it will monitor its investment and may enter discussions with management, the Board of Directors or others.
Bloomberg goes; BlackRock stays. Merrill (MER) is selling its 20% Bloomberg stake back to Bloomberg for about $4.5B - putting a price tag of at least $22.5B on the financial data and news provider. Sources say Bloomberg wanted to pay $3B; MER wanted $6B - so they split the difference. Merrill bought its stake, originally 30%, for just $30M in 1985. The Street was also buzzing about the fact Merrill is not selling its stake in BlackRock (BLK).
The SEC today is trumpeting -- replete with quotes from Chris Cox and head of enforcement Linda Thomsen -- a routine enforcement action against a guy who spread false rumors about The Blackstone Group's (BX) acquisition of Alliance Data Systems (ADS) while selling ADS short.
The SEC complaint says that, "the media and certain subscriber-based news services quickly picked up the 'story' and further disseminated it throughout the marketplace."
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data , today announced that Canada's # 1 casual dining ...
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
, , ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data , today announced that Canada's # 1 casual dining brand Boston Pizza has signed a multi - year ...
DALLAS , Nov . 20 - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data , today announced that Canada's ...
DALLAS , Nov . 20 / PRNewswire - FirstCall / - - Alliance Data Systems Corporation ( NYSE : ADS ) , a leading provider of loyalty and marketing solutions derived from transaction - rich data ...
LONDON (MarketWatch) -- WSP said that third-quarter net income jumped 41.9% to $29.8 million, after revenue rose 124.5% to $282.4. ADS earnings per share totaled 29 cents. Analysts had been expecting earnings of 25 cents a share, according to data compiled by FactSet. The firm said that sales growth for non-American Petroleum Institute products and green pipes, increased demand and higher average selling prices meant that it generated record revenue in the quarter. The supplier of casing, tubing and drill pipes also raised its 2008 profit guidance to at least $110 million.
SAN FRANCISCO (MarketWatch) -- NetEase late Wednesday reported its third-quarter net income rose to $46.1 million, or 36 cents per American depositary share, from $38.3 million, or 29 cents per ADS, in the same quarter last year. Revenue increased to $118.8 million from $84.1 million a year ago, the Beijing-based Internet portal company said. Analysts surveyed by FactSet Research, on average, had forecast earnings of 38 cents a share on revenue of $109.7 million.
Wall Street and investors sound a note of caution, one day after Walt Disney Co.'s fourth-quarter earnings came up shy of estimates, but shares of the Dow industrials component move higher as some analysts step to the company's defense..
Time Warner Inc. reports that third-quarter profit slipped 1.7% on flat revenue, and the New York media giant cut its estimate of full-year earnings from continuing operations.
Among the companies whose shares are expected to see active trade in Tuesday’s session are ADP, Con-Way, Guidance Software, Jacobs Engineering, Magna International, Marvel, Marvell, Mastercard, Mohawk, Nokia, Pitney Bowes, and UBS.
The Reserve Bank of Australia cut its cash rate by a larger-than-expected three-quarters of a percentage point Tuesday, citing the effects of the global slowdown, falling commodity prices and a likely downturn in domestic spending.
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