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On CNBC's "Mad Money Lightning Round" , Jim Cramer said he wouldn't buy Sorrento Therapeutics Inc (NASDAQ: SRNE ) in the current market environment. He would rather own Amgen, Inc. (NASDAQ: AMGN ...
On a per-share basis, the Symmes Township, Ohio-based company said it had a loss of 37 cents. Earnings, adjusted for one-time gains and costs, were 97 cents per share. The results topped Wall Street expectations. ...
Worldpay Group plc (LSE:WPG) delivered an ROE of 20.47% over the past 12 months, which is an impressive feat relative to its industry average of 14.94% during the same period.Read More...
Visa (V) is being tracked by 41 analysts in January 2018. Eighteen of them are suggesting a “strong buy,” and 19 are recommending a “buy.” Four are suggesting a “hold.” These ratings have remained constant for the last two months. Of the 40 analysts tracking Visa in October 2017, 18 recommended a “strong buy,” 17 recommended a “buy,” and five recommended a “hold.” The company could attract more favorable ratings in fiscal 2018 on the back of a favorable outlook for the digital world.
In a conference on November 29, 2017, Vasant Prabhu, Visa’s (V) CFO (chief financial officer), stated that the company’s acquisition strategy focuses on businesses that add value. At the conference, management also reflected a positive view regarding the Visa Europe acquisition. Visa has stated that it doesn’t make investments in businesses just for the sake of revenue growth.
Visa (V), a giant in the payments industry, has reached an inflection point, according to Vasant Prabhu, the company’s CFO (chief financial officer). The company also believes that opportunities still prevail in regard to digitizing payments, which could benefit the company in the long term. A high estimate and low estimate for Visa’s fiscal 1Q18 revenues by Wall Street analysts are $5.3 billion and $4.7 billion, respectively.
CINCINNATI, Jan. 8, 2018 /PRNewswire/ -- Vantiv, Inc. (VNTV) announced today that Vantiv's stockholders at its special meeting have voted to approve all stockholder proposals necessary for Vantiv to acquire Worldpay Group plc (WPG.L) to create Worldpay, Inc. "We are pleased that Vantiv stockholders have approved this transaction," said Charles Drucker, president and CEO of Vantiv and incoming executive chairman and co-CEO of Worldpay, Inc. "The strong support of our stockholders demonstrates their confidence in the compelling strategic and operational fit of Vantiv and Worldpay and our vision for the future.
Vantiv will reap benefits in 2018 from its acquisition of U.K.-based Worldpay Group, one analyst said Thursday.
Payment processor Vantiv Inc (NYSE: VNTV ) notched an upgrade and price target increase Thursday from Jefferies. The Analyst Jefferies analyst Ramsey El-Assal upgraded Vantiv from Hold to Buy and increased ...
Big changes are coming to the management team at payment processing provider Vantiv Inc. as it merges with British company Worldpay. The combined company will be led by co-CEOs. Vantiv CEO Charles Drucker will be co-CEO and executive chairman.
One analyst thinks payment processing company Vantiv Inc (NYSE: VNTV ) will be the merchant acquirer to own over the course of 2018. The Analyst Buckingham Research Group analyst Chris Brendler upgraded ...