Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Net 1's Ceevo launches payment solution in Europe » 09:16
07/02/20
07/02
09:16
07/02/20
09:16
UEPS

Net 1 UEPS

$3.06 /

+0.025 (+0.82%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced that it has launched its automated onboarding payment gateway solution across Europe, offering local merchants a fast and simple plug-and-play payment solution available on www.ceevo.com to help them capitalize on growing cross-border ecommerce opportunities. Net1's Ceevo, formerly known as the International Payments Group, leverages its international reach and financial and technological expertise, to handle all the complexities of international payments including security, regulation, and a vast range of payment options so that merchants can focus on growing their businesses. Ceevo's solution is now available to all European merchants.

ShowHide Related Items >><<
UEPS Net 1 UEPS
$3.06 /

+0.025 (+0.82%)

Hot Stocks
Net 1 UEPS to reduce board size, reconstitute committees » 09:12
06/09/20
06/09
09:12
06/09/20
09:12
UEPS

Net 1 UEPS

$3.54 /

+0.14 (+4.12%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced that Messrs. Paul Edwards and Alfred T. Mockett will resign from their positions as members of the board of directors, effective June 30, 2020. In addition, Mr. Alasdair J. K. Pein advised the Company that he will not stand for re-election at the Company's next annual meeting expected to be held in November 2020. These voluntary retirements, together with the previously-announced retirement of Mr. Christopher S. Seabrooke, were offered by the longest serving non-executive directors to facilitate a resizing of the board and also reduce the average tenure of the remaining board members materially. As a result, from July 1, 2020 the board will comprise two executive and seven non-executive directors, reducing to six non-executive directors after the 2020 annual meeting. The Company also announced that that the board has reviewed the constitution of its committees and made changes effective July 1, 2020. Net1's board committees comprise only non-employee directors. The board of directors also performed a review of the Company's non-employee director fee structure. Through benchmarking against an appropriate group of peer companies, it has determined a revised fee structure that will, among other things, reduce the base non-executive director fee by 33%.

ShowHide Related Items >><<
UEPS Net 1 UEPS
$3.54 /

+0.14 (+4.12%)

Over a month ago
Hot Stocks
Net 1 UEPS appoints Jabu Mabuza as chairman-designate » 08:49
05/14/20
05/14
08:49
05/14/20
08:49
UEPS

Net 1 UEPS

$3.26 /

-0.13 (-3.83%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced the appointment of three veteran business leaders as independent non-executive directors. Messrs Jabu Mabuza and Ali Mazanderani will join the Company's board on May 15, 2020, and Mr. Antony Ball will join on May 21, 2020. Jabu Mabuza, formerly the chief executive officer of Tsogo Sun Holdings and currently chairman of Sun International, has also been appointed Chairman-designate. He will succeed Mr. Christopher Seabrooke following his retirement next month. Mazanderani was formerly a partner at the private equity firm Actis, and led a number of landmark financial technology investments globally. Ball is co-founder and chairman of Value Capital Partners, a South Africa-based private investment firm, which has recently announced that it has acquired 12.7% of Net1's outstanding shares.

ShowHide Related Items >><<
UEPS Net 1 UEPS
$3.26 /

-0.13 (-3.83%)

Hot Stocks
Value Capital discloses 13.4% stake in Net 1, interested in board seats » 12:16
04/24/20
04/24
12:16
04/24/20
12:16
UEPS

Net 1 UEPS

$3.66 /

+0.1 (+2.81%)

Value Capital Partners…

Value Capital Partners disclosed a 13.4% stake in Net 1 UEPS, which represents over 7.5M shares. The filing allows for activism. Value Capital said it acquired the shares because it believes they represent "an attractive investment opportunity." The firm and its representatives have engaged in discussions with members of management and the board of directors of Net 1 UEPS, and have expressed an interest in providing candidates to serve on the board. Value Capital has also engaged in discussions with other shareholders of the company, and may continue to engage in discussions with members of management and the board, regarding a variety of matters, which may include strategic alternatives.

Hot Stocks
Net 1 UEPS donates to Solidarty Fund, other COVID-19 initiatives » 09:07
04/15/20
04/15
09:07
04/15/20
09:07
UEPS

Net 1 UEPS

$3.42 /

+0.11 (+3.32%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced that, in support of the recent call for support by the South African President, all of Net1's non-executive directors and its South African based executives have taken salary, benefit and fee reductions of 30% for the three months to June 30. These amounts will be donated to The Solidarity Fund and other related initiatives to assist in the fight against the Covid-19 pandemic in South Africa and its impact on various critical functions such as healthcare, social assistance and education.

Hot Stocks
Net 1 UEPS cancels exercise of option to acquire further 35% of Bank Frick » 07:05
04/15/20
04/15
07:05
04/15/20
07:05
UEPS

Net 1 UEPS

$3.42 /

+0.11 (+3.32%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced that it has cancelled the exercise of its option to acquire an additional 35% interest in Bank Frick & Co. from the Kuno Frick Familienstiftung, in order to maintain liquidity in the current uncertain and volatile macroeconomic environment, and to sharpen its short-term focus on opportunities in South Africa and Africa. Net1 agreed to pay KFS an option termination fee of CHF17M, and intends to retain its remaining 35% interest. Bank Frick will continue to focus on its strategy of providing fintech and blockchain banking services to financial intermediaries, and will opportunistically leverage Net1 and its International Payments Group, to introduce new payment and blockchain-related products. Despite the cancellation of the option, Net1 maintains a strong relationship with the management and shareholders of Bank Frick, and will continue working closely with them.

Over a quarter ago
Hot Stocks
Net 1 UEPS completes sale of 27.5% remaining interest in DN Invest » 10:50
04/01/20
04/01
10:50
04/01/20
10:50
UEPS

Net 1 UEPS

$2.77 /

-0.14 (-4.81%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced that it has completed the sale of its 27.5% remaining interest in DN Invest Proprietary Limited. A 24.3% equity stake in DNI was sold to MIC Investment Holdings Proprietary Limited for a cash consideration of approximately $42.7M. The remaining 3.2% equity stake was sold to DNI through a share buyback mechanism on deferred payment terms for approximately $5.6M. The consideration will be received over 24 months, bearing interest at market related rates, with an initial six-month interest and capital repayment holiday. "We are pleased to conclude yet another key milestone of our strategic plan. We look forward to an ongoing strategic partnership with DNI in order to address our common objectives in the distribution of value-added-services across South Africa," said Herman Kotze, CEO of Net1. "Our immediate focus is to ensure the safety and wellbeing of our employees, partners and customers during the COVID-19 pandemic. Over the past month, we have realized in excess of $4.60/share in cash from asset sales and therefore remain comfortable with the Group's liquidity

Hot Stocks
Net 1 UEPS sees limited impact in Q3 from South Africa lockdown » 10:48
04/01/20
04/01
10:48
04/01/20
10:48
UEPS

Net 1 UEPS

$2.76 /

-0.155 (-5.33%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies said in a statement, "Our key market in South Africa went into a 21-day nationwide lockdown starting on March 27, 2020. We believe there is limited impact on our Q3 2020 operations, with a modest adverse impact in South Korea in February prior to the closing of our sale of KSNET and the last two weeks of March in South Africa. We expect the lockdown in South Africa to have a more significant impact on our Q4 2020 results, specifically due to the industry-wide waiving of certain fees during this period, the suspension of non-essential financial and other services and the ability to do marketing and acquire new customers during a lockdown. We will provide further updates with our Q3 2020 results in May 2020."

Hot Stocks
Net 1 UEPS appoints Ian Greenstreet to board of directors » 09:18
03/19/20
03/19
09:18
03/19/20
09:18
UEPS

Net 1 UEPS

$3.34 /

-0.35 (-9.49%)

Net 1 UEPS Technologies…

Net 1 UEPS Technologies announced the appointment of Mr. Ian Greenstreet as an independent non-employee director of the Company, effective May 1, 2020. He will also serve on the nominating and corporate governance, audit and remuneration committees, effective May 1, 2020. He sits on the advisory committee of the London Stock Exchange, a board member of Assupol Holdings and Assupol Life Ltd and is Chairman and Founder of Infinity Capital Partners Ltd in the UK.

Conference/Events
Wolfe Research to hold a forum » 04:55
03/11/20
03/11
04:55
03/11/20
04:55
ADP

ADP

$154.23 /

+3.43 (+2.27%)

, BAC

Bank of America

$23.61 /

+1.905 (+8.78%)

, BILL

Bill.com

$48.25 /

+3.38 (+7.53%)

, BKI

Black Knight

$66.02 /

+3.4 (+5.43%)

, BR

Broadridge

$99.51 /

+7.85 (+8.56%)

, CLGX

CoreLogic

$47.36 /

+0.51 (+1.09%)

, CUB

Cubic

$51.16 /

+2.94 (+6.10%)

, DXC

DXC Technology

$16.41 /

+0.76 (+4.86%)

, EEFT

Euronet

$106.16 /

+8.29 (+8.47%)

, EVOP

EVO Payments

$22.33 /

+0.53 (+2.43%)

, FIS

FIS

$140.85 /

+10.8 (+8.30%)

, FISV

Fiserv

$106.97 /

+6.8 (+6.79%)

, FLT

FleetCor

$237.87 /

+14.885 (+6.68%)

, GPN

Global Payments

$181.75 /

+16.88 (+10.24%)

, WEX

Wex

$149.01 /

+13.82 (+10.22%)

, V

Visa

$182.58 /

+11.66 (+6.82%)

, UEPS

Net 1 UEPS

$3.79 /

+0.375 (+11.00%)

, SF

Stifel Financial

$45.15 /

+2.52 (+5.91%)

, RJF

Raymond James

$72.05 /

+6.76 (+10.35%)

, QTWO

Q2 Holdings

$69.23 /

+1.42 (+2.09%)

, PYPL

PayPal

$109.72 /

+8.12 (+7.99%)

, PJT

PJT Partners

$41.22 /

+1.11 (+2.77%)

, PAYX

Paychex

$76.65 /

+4.11 (+5.67%)

, NCR

NCR Corp.

$21.88 /

+2.48 (+12.78%)

, MA

MasterCard

$280.28 /

+18.28 (+6.98%)

, LPLA

LPL Financial

$60.36 /

+4.11 (+7.31%)

, JKHY

Jack Henry

$163.40 /

+12.08 (+7.98%)

, WU

Western Union

$21.90 /

+1.75 (+8.68%)

, GS

Goldman Sachs

$184.61 /

+11.15 (+6.43%)

FinTech Forum 2020 to be…

FinTech Forum 2020 to be held in New York on March 9-11.

ShowHide Related Items >><<
ADP ADP
$154.23 /

+3.43 (+2.27%)

02/28/20 Jefferies
ADP sales leadership transition may create execution risk, says Jefferies
01/29/20 Jefferies
Jefferies expects ADP shares to 'take a breather'
01/24/20 Guggenheim
Upwork downgraded to Neutral on slowing growth at Guggenheim
01/22/20
Fly Intel: Top five analyst upgrades
BAC Bank of America
$23.61 /

+1.905 (+8.78%)

03/10/20 Citi
Bank of America price target lowered to $30 from $37 at Citi
02/28/20 Wells Fargo
Wells Fargo cuts large-cap bank estimates, but notes balance sheet strength
01/21/20
Fly Intel: Top five analyst downgrades
01/21/20 Atlantic Equities
Atlantic Equities downgrades Bank of America to Neutral following 'strong run'
BILL Bill.com
$48.25 /

+3.38 (+7.53%)

03/10/20 First Analysis
Bill.com initiated with an Outperform at First Analysis
02/07/20 Needham
Bill.com price target raised to $55 from $43 at Needham
02/07/20 Jefferies
Bill.com price target raised to $55 from $40 at Jefferies
01/06/20 Canaccord
Bill.com initiated with a Hold at Canaccord
BKI Black Knight
$66.02 /

+3.4 (+5.43%)

02/20/20 Keefe Bruyette
Black Knight downgraded to Market Perform from Outperform at Keefe Bruyette
02/14/20 SunTrust
Black Knight price target raised to $78 from $66 at SunTrust
01/16/20 Susquehanna
Black Knight downgraded to Neutral from Positive at Susquehanna
12/18/19 JPMorgan
JPMorgan downgrades Black Knight amid downward growth revisions
BR Broadridge
$99.51 /

+7.85 (+8.56%)

02/28/20 Raymond James
Broadridge upgraded to Outperform from Market Perform at Raymond James
02/26/20
Fly Intel: Top five analyst initiations
02/26/20 BTIG
Broadridge initiated with a Buy at BTIG
02/26/20 BTIG
Broadridge initiated with a Buy at BTIG
CLGX CoreLogic
$47.36 /

+0.51 (+1.09%)

02/28/20 Oppenheimer
CoreLogic downgraded to Perform at Oppenheimer on valuation
02/28/20 Oppenheimer
CoreLogic downgraded to Perform from Outperform at Oppenheimer
02/27/20 Wells Fargo
CoreLogic price target raised to $55 from $50 at Wells Fargo
10/25/19 Wolfe Research
CoreLogic downgraded to Peer Perform from Outperform at Wolfe Research
CUB Cubic
$51.16 /

+2.94 (+6.10%)

03/10/20 JPMorgan
JPMorgan upgrades 'relative safe haven' Cubic to Overweight
03/10/20 JPMorgan
Cubic upgraded to Overweight from Neutral at JPMorgan
01/15/20 Needham
Cubic price target lowered to $76 from $78 at Needham
01/08/20 SunTrust
Cubic pullback creates attractive entry point, says SunTrust
DXC DXC Technology
$16.41 /

+0.76 (+4.86%)

02/26/20 Morgan Stanley
DXC Technology resumed with an Overweight at Morgan Stanley
01/09/20 Wells Fargo
Wells Fargo changes three ratings in Commercial IT Services heading into 2020
01/09/20 Wells Fargo
DXC Technology downgraded to Underweight from Equal Weight at Wells Fargo
12/20/19 BMO Capital
DXC Technology price target raised to $43 from $35 at BMO Capital
EEFT Euronet
$106.16 /

+8.29 (+8.47%)

03/02/20 Wells Fargo
Euronet selloff 'overdone,' says Wells Fargo
02/12/20 SunTrust
Euronet price target lowered to $180 from $190 at SunTrust
12/09/19 SunTrust
The 21 smaller cap stocks SunTrust sees rallying over 20% in 2020
10/24/19 DA Davidson
Euronet upgraded to Buy from Neutral at DA Davidson
EVOP EVO Payments
$22.33 /

+0.53 (+2.43%)

01/06/20 BTIG
EVO Payments pullback creates 'attractive' opportunity, says BTIG
01/06/20 BTIG
EVO Payments upgraded to Buy from Neutral at BTIG
12/05/19
Compass Point starts Visa, Mastercard, PayPal at Buy in initiation of payments
12/05/19 Compass Point
EVO Payments initiated with a Neutral at Compass Point
FIS FIS
$140.85 /

+10.8 (+8.30%)

02/21/20 Berenberg
FIS price target raised to $194 from $171 at Berenberg
02/14/20 Canaccord
FIS price target raised to $178 from $151 at Canaccord
02/14/20 Cantor Fitzgerald
FIS price target raised to $175 from $150 at Cantor Fitzgerald
02/14/20 Wells Fargo
FIS price target raised to $175 from $150 at Wells Fargo
FISV Fiserv
$106.97 /

+6.8 (+6.79%)

02/18/20 Baird
Fiserv moved to Fresh Pick at Baird
02/05/20 Wells Fargo
Fiserv price target raised to $146 from $120 at Wells Fargo
02/05/20 SunTrust
Fiserv price target raised to $140 from $125 at SunTrust
02/05/20 Oppenheimer
Fiserv price target raised to $140 from $130 at Oppenheimer
FLT FleetCor
$237.87 /

+14.885 (+6.68%)

03/03/20 Citi
Wex downgraded to Neutral from Buy at Citi
01/31/20
Fly Intel: Top five analyst initiations
01/31/20 Cowen
FleetCor initiated with an Outperform at Cowen
01/24/20 Credit Suisse
FleetCor initiated with a Neutral at Credit Suisse
GPN Global Payments
$181.75 /

+16.88 (+10.24%)

02/13/20 Susquehanna
Global Payments price target raised to $235 from $200 at Susquehanna
02/13/20 JPMorgan
Global Payments price target raised to $230 from $203 at JPMorgan
02/13/20 Wells Fargo
Global Payments price target raised to $225 from $190 at Wells Fargo
02/13/20 Citi
Global Payments outlook leaves room for upside, says Citi
WEX Wex
$149.01 /

+13.82 (+10.22%)

02/11/20 Jefferies
Jefferies 'wary' ahead of Wex earnings, trims price target to $215
01/31/20 Cowen
Wex business model attractive, Cowen initiates with Market Perform
V Visa
$182.58 /

+11.66 (+6.82%)

03/04/20 MoffettNathanson
Now the time to buy Visa and MasterCard, says MoffettNathanson
03/03/20 JPMorgan
MasterCard, PayPal, Visa estimates lowered on COVID-19 at JPMorgan
02/27/20 Stephens
Stephens remains a buyer of PayPal, MasterCard after coronavirus warnings
02/24/20 KeyBanc
Credit Karma potential deal shows rising importance of FinApps, says KeyBanc
UEPS Net 1 UEPS
$3.79 /

+0.375 (+11.00%)

SF Stifel Financial
$45.15 /

+2.52 (+5.91%)

03/06/20 Wells Fargo
Wells Fargo cuts price targets for brokers on lower interest rate environment
01/09/20 Wells Fargo
Stifel Financial price target raised to $68 from $60 at Wells Fargo
10/04/19 Wells Fargo
Wells cuts estimates and targets for LPL Financial, Raymond James, Stifel
05/30/19 Compass Point
Stifel Financial initiated with a Buy at Compass Point
RJF Raymond James
$72.05 /

+6.76 (+10.35%)

03/06/20 Wells Fargo
Raymond James downgraded at Wells Fargo on lower interest rate environment
03/06/20 Wells Fargo
Raymond James downgraded to Equal Weight from Overweight at Wells Fargo
03/04/20 Citi
Raymond James downgraded to Sell from Neutral at Citi
QTWO Q2 Holdings
$69.23 /

+1.42 (+2.09%)

02/21/20 SunTrust
Q2 Holdings price target raised to $108 from $100 at SunTrust
02/19/20
Fly Intel: Top five analyst initiations
02/18/20 Baird
Q2 Holdings initiated with a Neutral at Baird
11/11/19
Fly Intel: Top five analyst upgrades
PYPL PayPal
$109.72 /

+8.12 (+7.99%)

01/31/20
Fly Intel: Top five analyst upgrades
PJT PJT Partners
$41.22 /

+1.11 (+2.77%)

02/06/20 JMP Securities
PJT Partners price target raised to $59 from $54 at JMP Securities
07/31/19 Sandler O'Neill
PJT Partners upgraded to Buy from Hold at Sandler O'Neill
PAYX Paychex
$76.65 /

+4.11 (+5.67%)

01/14/20 Citi
Paychex assumed with a Buy from Neutral at Citi
12/18/19 Jefferies
Paychex price target raised to $84 from $78 at Jefferies
10/03/19 Argus
Paychex price target raised to $92 from $88 at Argus
10/02/19 Jefferies
Paychex reported 'good' Q1 results, says Jefferies
NCR NCR Corp.
$21.88 /

+2.48 (+12.78%)

03/04/20 Stephens
NCR Corp. price target lowered to $30 from $39 at Stephens
02/12/20 Benchmark
NCR Corp. pullback on guidance would be buying opportunity, says Benchmark
12/23/19 Standpoint Research
NCR Corp. initiated with an Accumulate at Standpoint Research
12/19/19 RBC Capital
NCR Corp price target raised to $48 from $40 at RBC Capital
MA MasterCard
$280.28 /

+18.28 (+6.98%)

01/31/20 SunTrust
Visa price target raised to $230 from $205 at SunTrust
LPLA LPL Financial
$60.36 /

+4.11 (+7.31%)

03/04/20 Citi
LPL Financial downgraded to Neutral from Buy at Citi
01/09/20 Wells Fargo
LPL Financial price target raised to $100 from $81 at Wells Fargo
JKHY Jack Henry
$163.40 /

+12.08 (+7.98%)

02/06/20 DA Davidson
Jack Henry price target raised to $142 from $128 at DA Davidson
12/11/19 Evercore ISI
Jack Henry downgraded to Underperform from In Line at Evercore ISI
11/11/19 BTIG
Q2 Holdings upgraded to Buy from Neutral at BTIG
09/03/19 Atlantic Equities
Atlantic Equities starts Square with Underweight rating, $55 price target
WU Western Union
$21.90 /

+1.75 (+8.68%)

01/24/20 Credit Suisse
Credit Suisse sees more M&A in 2020 for FinTechs, processors and payments
01/23/20 Credit Suisse
Western Union initiated with an Underperform at Credit Suisse
12/18/19 BTIG
Western Union price target raised to $31 from $28 at BTIG
11/12/19 Guggenheim
Western Union downgraded to Neutral on valuation at Guggenheim
GS Goldman Sachs
$184.61 /

+11.15 (+6.43%)

02/20/20 Wells Fargo
Wells Fargo downgrades Morgan Stanley after 'value destroying' E-Trade deal
02/05/20 Citi
Goldman Sachs price target raised to $290 from $255 at Citi
02/03/20 Odeon Capital
Odeon's Bove upgrades JPMorgan, downgrades four other banks in defensive shift

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.