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Investorville
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![]() Checkfree Holdings (CKFR)
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| Author | Topic: Checkfree Holdings (CKFR) |
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Earnings Administrator |
Company Name (Ticker): reported, expected, same q last year CheckFree (CKFR): -$0.09, -$0.10, $0.05 |
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Earnings Administrator |
Company (ticker): reported, expected, same q last year CheckFree Hldgs (CKFR): -$0.07, -$0.11, $0.04 |
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InvestorGuide Daily Administrator |
CheckFree, the market leader in electronic billing and payment, and TransPoint, the electronic billing and payment joint venture between First Data and Microsoft, have entered into a merger agreement. The deal is valued at over $1 billion. CheckFree shares rose nearly 60% on the news. (source: press release) http://www.checkfree.com/newsresults/1,1549,649,00.html |
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dude |
U.S. Bancorp Piper Jaffray reiterated their strong buy recommendation today. They said they expect the stock will rise to 70s in the next 12 months. I might have believed this four months ago when the stock was in the 50s, but now that it's at 28 it seems like a stretch. |
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diligence |
CheckFree withdrew a controversial secondary offering today as CEO Pete Kight sought to dispel concerns that the company timed the deal to beat an announcement of a rival system being built by three leading online banks. http://cbs.marketwatch.com/archive/19990624/news/current/ckfr.htx |
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InvestorGuide Weekly Administrator |
newguy, here's an article about that rumored acquisition: http://www.forbes.com/tool/html/99/Apr/0430/mu3.htm |
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newguy |
I heard a rumor that Yahoo in considering acquiring CheckFree. Any truth to it? |
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JSeal |
Has anyone checked this company out? It's got a monopoly in its market and I think that we could see this baby up 60% or so by year's end. Everything I've read indicates to me that it's a cheap, conservative, internet with very good growth potential. |
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