For Immediate Release
Chicago, IL – June 7, 2013 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Visa Inc. (V), Liberty Interactive Corp. (LINTA), Amazon.com Inc. (AMZN), HSN Inc. (HSNI) and ValueVision Media Inc. (VVTV).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Thursday’s Analyst Blog:
Visa Inks Deal with mPOS Providers
To expand its payment operations, Visa Inc. (V) joined hands with three leading mobile point-of-sale (:mPOS) providers viz. iZettle, SumUp and Swiff. The deal is aimed at deploying secure mobile acceptance terminals across various locations to realize the transition of payments from paper to electronic mode. Furthermore the company approved Anywhere Commerce and Miura Systems to process Visa payments.
This alliance will allow merchants to accept Visa payments through mobile technology. As per the deal, to get their mobile hardware and software verified, iZettle, SumUp and Swiff will participate in the Visa Ready Program. The Visa Ready Program aims at merging Visa with the mPOS providers to offer merchants and consumers with a convenient yet safe payment option.
The deal will allow iZettle, SumUp and Swiff to access Visa’s best practices, APIs (Application Program Interfaces) and SDKs (Software Design Kits). These would include tools, direct connection to Visa, value-added services and Visa Ready symbol.
As per the agreement the mPOS providers can access reference applications and tools to facilitate the ongoing development of magnetic stripe, EMV-chip (contact and contactless), and mobile acceptance solutions. To simplify the processing of the EMV-chip transactions, they will be connected to Visa in some countries with the help of Visa POS Solutions platform or payment gateways like CyberSource and Authorize.Net.
In addition, the companies might also be exposed to Visa’s value-added services, like instant redemption of special offers at the point-of sale. Additionally, on approval by Visa, iZettle, SumUp and Swiff will be permitted to use the Visa Ready symbol to endorse their devices. Anywhere Commerce and Miura Systems are already permitted to use the symbol to market their Visa approved devices.
A Hike in QVC’s Online Sales
QVC, the home shopping TV channel of Liberty Interactive Corp. (LINTA), is benefiting from the surge in online sales. Management stated that its online sales will constitute more than 50% of the total revenue in the U.S. by 2014. The major thrust comes from the growing adoption of high-end smartphones in the U.S. QVC is about to introduce a synchronized content for its mobile applications. This feature will enable smartphone users to get real time information about a product which is broadcast on the TV show. This will promote online sales further.
According to a report of Internet Retailer, after Amazon.com Inc. (AMZN), QVC was the second-largest e-commerce retailer in the U.S. in 2012. QVC has become the market leader in the $8 billion TV home-shopping business commanding an estimated 69% market share, far ahead of its nearest rivals, HSN Inc. (HSNI) and ValueVision Media Inc. (VVTV). The TV home-shopping business has a stable customer base, generally constituted of women.
Liberty Interactive’s Internet operations are primary growth engines. We expect QVC to continue leveraging its brand to rapidly grow its Internet operations. Exposure to international markets such as Japan, Germany, Italy, and the U.K. will enable QVC to achieve a high rate of growth. QVC is gradually expanding its presence in these developed markets.
QVC entered into a definitive agreement to form a joint venture with China National Radio (CNR), the government controlled radio division of China. The joint venture is known as “CNR Home Shopping Co. Ltd.” QVC holds a 49% stake of this venture and China National Radio controls the remaining 51%. The joint venture will aggressively operate a multimedia retailing business in China. Liberty Interactive currently has a Zacks Rank #3 (Hold).
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: https://twitter.com/zacksresearch
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Zacks Investment Research
800-767-3771 ext. 9339
More From Zacks.com