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Iron Mountain Reports In-Line – Analyst Blog

Zacks Market Commentaries (October 30th, 2009) Writes:
Iron Mountain (IRM) announced third-quarter earnings 24 cents per share, which was in line with the Zacks Consensus Estimate.   Revenues   Total revenues for the quarter were $764.9 million, a decrease of 2.6% from the $784.3 million reported in the year-ago quarter. This was in line with the company’s guidance range of $760 million to $780 million. Growth in internal revenue (excluding the effects of foreign currency fluctuations and acquisitions) was 2% year over year. The internal growth rate in storage was 7%, core service 1% and complementary service -15%. Currency had a -4% impact on revenue, while the impact of acquisitions was 0%. Internal growth rate of storage revenue in the North American Physical and International Physical business segments were offset to a certain extent by the negative economic impact on digital revenues and activity-based service revenues related to the handling and transportation of items in ...

Fiserv Sells Loan Business – Analyst Blog

Zacks Market Commentaries (September 30th, 2009) Writes:
Fiserv, Inc (FISV) has decided to sell its financial services technology solutions business. The company announced today that it has signed a definitive agreement to sell its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc., a subsidiary of ISGN Corporation.  Fiserv assists financial institutions and health plan administrators in managing their information systems so that they can efficiently deliver services to their customers. The company is one of the leading providers of e-commerce solutions to financial institutions. Based in Bensalem, Pa, ISGN provides mortgage technology and services to banks and lenders.  The transaction is subject to customary closing conditions and is expected to close within 30 days. Financial terms of the transaction were not disclosed and the company does not expect this transaction to have a material impact on its financial results.  LFS provides financial institutions loan fulfillment services, which include broker price opinions, ...

September 14th CEOcast Weekly Newsletter

QualityStocks (September 14th, 2009) Writes:

Companies featured in this edition of the newsletter: CUR, CVM, ENZ, IMUC, MBCI, ONEZ, PHC, SVUL

Markets finished in positive territory yet again during this holiday shortened week despite the lack of any significant developments on either the corporate or economic fronts. All told, the Dow gained 164 points to close at 9605, up 1.7% on the week and 9.4% on the year. The Nasdaq gained 3.1% on the week, closing at 2080, up 32% on the year, while the S&P 500 and Russell 2000 gained 2.6% and 4.0% respectively on the week, up 15.4% and 18.8% on the year.

It was a slow week on the corporate side, but there were some healthy signals from the technology sector, as Texas Instruments raised its Q3 outlook, guiding for EPS of between $0.37 and $0.41, up from previous forecasts of $0.29-$0.39. Fed Ex also guided higher, citing cost management and better

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Stock-PR Stock Report August 7, 2009 TGT, KSP

stock-pr (August 7th, 2009) Writes:

CRWENewswire.com is pleased to announce a stock highlight on Target (NYSE: TGT), K-Sea Transportation Partners L.P. (NYSE: KSP), Acetylon Pharmaceuticals

Target (NYSE: TGT) announced today that it plans to build and manage its own platform for Target.com. The company expects to launch the new platform in advance of the holiday season in 2011. “Amazon has been an important strategic partner since we re-launched Target.com in 2001, and the strength of Amazon’s technology and fulfillment services has been a contributing factor in Target.com’s success,” said Steve Eastman, president, Target.com. About Target Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,719 stores nationwide and at Target.com, a fully integrated online business.

K-Sea Transportation Partners L.P. (NYSE: KSP) announced today that it has priced its previously announced public offering of 2.9 million common units representing limited partner interests at a price to the public of $19.15 per common unit. The offering is scheduled to close on

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SkyPostal Networks, Inc. (SKPN.OB) Gets Mail Safely to its Destination

QualityStocks (October 16th, 2008) Writes:

In the United States, we expect our established system to delivery our mail in a timely manner. In developing countries, the quality of traditional mail distribution providers do not provide the same level of service that Americans expect. SkyPostal Networks, Inc. (SKPN.OB), a private international mail service provider, is taking on the challenge of providing the best available service to its customers.

Since it was founded in 2002, SkyPostal has focused on creating a reliable “best in class” messenger service throughout Latin America-Caribbean (LAC). Typically, national postal services have a 17 day average delivery period with a loss rate of up to 30% in some countries. In less than six years, SkyPostal has become the largest private mail service handling mail from postal administrations, publishers, international mailers, and financial institutions into the LAC region. SkyPostal is able to hand-deliver 87% of the mail into the LAC

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