Cowen Raised PT to $100 on Heartland Payment Systems (HPY) Following Announced Acquisition by Global Payments (GPN)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
SunTrust Downgrades Heartland Payment Systems (HPY) to Neutral
December 16, 2015 6:57 AM ESTSunTrust Robinson Humphrey downgraded Heartland Payment Systems (NYSE: HPY) from Buy to Neutral with a price target of $100.00 (from $86.00).
For an analyst ratings summary and ratings history on Heartland Payment Systems click here.... More
After-Hours Stock Movers 12/15: (HPY) (ASNA) (HEI) Higher; (GPN) (DOV) Lower (more...)
December 15, 2015 5:56 PM ESTHeartland Payment Systems, Inc. (NYSE: HPY) 11.8% HIGHER; Global Payments Inc. (NYSE: GPN) announced today that it has entered into a definitive agreement to acquire Heartland Payment Systems, Inc. (NYSE: HPY), one of... More
Market Wrap: Markets Rise Ahead of Fed Rate Decision; Valeant Inks Key Distributor Deal; Advance Auto May Explore Sale
December 15, 2015 5:21 PM ESTMarket wrap for December 15th
End of the Day: S&P 500 up 21.5 to 2,043.41; Dow Jones up 156.4 to 17,524.91; Nasdaq up 43.1 to 4,995.36
Market Brief: Markets gained ahead of Wednesday's Fed rate decision, which is expected to see a hike to 0.5 percent. It will be the first hike since 2006.
Valeant Pharma gained on a new deal with Walgreens.
Advance Auto Parts rose on speculation it was exploring a sale.
Howard Stern and SiriusXM will buddy-up for another five years.
Global Payments is... More
Global Payments (GPN) Reports In-Line Q2 EPS
December 15, 2015 4:29 PM ESTGlobal Payments (NYSE: GPN) reported Q2 EPS of $0.76, in-line with the analyst estimate of $0.76. Revenue for the quarter came in at $518 million versus the consensus estimate of $526.7 million.
GUIDANCE:
Global Payments sees FY2016 EPS of $2.90-$3.00, versus the consensus of... More
Global Payments (GPN) to Acquire Heartland Payment (HPY) in ~$4.3B Deal
December 15, 2015 4:24 PM ESTGlobal Payments Inc. (NYSE: GPN) announced today that it has entered into a definitive agreement to acquire Heartland Payment Systems, Inc. (NYSE: HPY), one of the nations largest payment companies.
The transaction significantly expands Global Payments U.S. direct small and medium-sized enterprise distribution, merchant base and vertical reach. Heartlands strengths in direct sales and technology-led distribution are highly complementary to Global Payments expertise in 60 vertical markets with 2,000 technology partners. The combination will leverage Global Payments scalable, worldwide infrastructure, and drive substantial technological and operational synergies.
Global... More
