Fiserv Inc. (FISV) recently reported third-quarter revenues of $992 million, down 4.4% sequentially. Adjusted internal revenues (on a constant currency basis) declined 1% year over year to $945 million. Management added that top-line growth remains challenged in the current environment.

During the quarter, the company sold its Loan Fulfillment Services (LFS) and the results of the same have been treated as discontinued operations.

The company continued to expand its payments footprint and signed 85 electronic bill payment clients in the quarter thereby expanding the total to 294 clients in 2009.

The company reports results in two segments - The Financial Institution Services and the Payments and Industry products. The Financial Institution reported revenues of $475 million, down 2% year over year as revenues continues to be impacted by lower discretionary spending by our clients leading to decreased license fees and fewer add-on product sales. The Payments and Industry Products reported revenues of $522

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Tuesday October 13, 2009

DrStockPick.com Stock Report!

JNPR, PWRM, FISV, CSRH, CSCO, CVAT, HON, AQNM, HAL

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JNPR, Juniper Networks, Inc.

JNPR is the leader in high-performance networking. JNPR offers a high-performance network infrastructure that creates a responsive and trusted environment for accelerating the deployment of services and applications over a single network.

CANARIE Inc., Canada’s advanced research and innovation network, has implemented JNPR’s MX Series Ethernet Services Routers into its national network. This deployment will allow CANARIE’s 39,000 researchers at almost 200 universities in Canada, and their colleagues around the world, to exchange and analyze large volumes of information more quickly, driving innovation

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Tuesday October 6, 2009

DrStockPick.com Stock Report!

PWRM, TXN, AQNM, IBM, FISV, GE

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3 expects to

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Monday September 28, 2009

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Micromem Technologies Inc. (OTC BB: MMTIF), and its wholly owned subsidiary, Micromem Applied Sensor Technologies, Inc. (MASTInc), has received an initial purchase order for its sensors from Life Medical Technologies, Inc. (LMTI), which upon completion, will total US$30 million. Micromem anticipates delivery to begin in 2009 with the bulk expected in 2010, in accordance with fulfilling LMTI client orders.

Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry announced today

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Friday September 25, 2009

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Hi-Shear Technology Corporation (NYSE Amex: HSR) today announced that its 2009 Annual Meeting of Stockholders, originally scheduled to be held at 10:00 a.m. on October 30, 2009, has been postponed indefinitely. The postponement was made in connection with the announcement, on September 16, 2009, that Hi-Shear Technology Corporation has entered into a definitive merger agreement with Chemring Group PLC (LSE: CHR), whereby Chemring will acquire Hi-Shear in an all cash transaction for $19.18 per share or approximately $132.0 million.

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Monday September 21, 2009

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Stibo Systems, a leading master data management software company, today announced that it has formed a strategic partnership with ATG, (Art Technology Group, Inc., NASDAQ: ARTG), the premier provider of e-commerce solutions. The partnership is designed to help joint Stibo and ATG customers to better solve their information supply chain challenges, leading to reduced product confusion, improved up-sell and cross-sell conversions, a more positive ecommerce experience for customers and a lower total cost of ownership.

JetBlue Airways

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Recently, Fiserv, Inc. (FISV) announced that Walmart (WMT) has implemented the CheckFreePay service of Fiserv. This service will enable customers to pay bills at all Walmart locations in the United States. Customers can pay household bills, such as their utility, mobile phone, auto loan, insurance and credit card bills at any one of the retailer’s 3,755 domestic locations using the CheckFreePay service. The CheckFreePay service from Fiserv gives customers the ability to pay bills from more than 2,500 companies. Fiserv is a leading provider of information management and electronic commerce systems for the financial services industry. Fiserv also announced that Boca Raton-based Legacy Bank of Florida, which has approximately $224 million in assets, has become the 200th financial institution to install WireXchange from Fiserv, a flexible solution for completing end-to-end wire transfers. The company had earlier reported better-than-expected results for the second quarter ...

PennyOmega.com Short Highlights Before the Bell!

PennyOmega.com Short Highlights Before The Bell!

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Tuesday August 25, 2009

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Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Walmart (NYSE: WMT) has implemented the CheckFreePayTM service from Fiserv, enabling customers to pay bills in person at all Walmart locations in the United States. Using the CheckFreePay service, customers can pay household bills, such as their utility, mobile phone, auto loan, insurance and credit card bills, at any one of the retailer’s 3,755 domestic locations, including Walmart SuperCenters and Neighborhood Markets.

China Advanced Construction Materials Group, Inc. (OTC Bulletin

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FiServ Inc.: Guilt By Association? -- The Madoff Chronicles It has been reported recently by the media that FiServ Inc. (FISV, Hold) may have been in the middle (literally) of the now infamous Ponzi scheme perpetrated by Bernie Madoff. Fiserv is in the business of assisting financial institutions and health plan administrators in managing their information systems so that they can efficiently deliver services to their customers.The company's Financial Institution Services (FIS) segment (accounting for 48% of Q3 revenue) provides account and transaction processing systems to financial institutions. According to recent media reports, FiServ acted as a "middleman" between Madoff and "scores of regular Joe-and-Jill investors" and their self-directed IRA accounts.Acting in the capacity of a middleman, or providing investors quarterly statements and writing checks on behalf on the financial institutions is what FISV does as a legitimate business. There is absolutely ...

Wisconsin is a popular tourist destination. The most visited places within the state are: The Wisconsin Dells, House on The Rock, and the Circus World Museum. Some interesting facts about Wisconsin follow:1. Wisconsin’s largest forest product is papermaking, and it employs more than 100,000 people.2. Gravel and construction sand represent 80% of Wisconsin’s nonfuel mineral production.3. Wisconsin’s top agricultural products are dairy beef and calves, and corn4. Workers in the papermaking industry of Wisconsin are the highest paid within the manufacturing industry.5. Wisconsin tourism industry employs 177,000 workers and generated about $6 billion in revenue.6. Wisconsin’s major exporter industries are the computer, machinery, and the transportation. 7. Wisconsin’s main exports go to Canada, Japan, and Mexico. 8. One of the largest ore bodies of zinc copper is located in Wisconsin.9. Wisconsin offers property tax exemptions ...