Fair Isaac Corp.
New York symbol FIC, provides products and services that help businesses make better decisions on customer creditworthiness around the world.
FAIR ISAAC CORP. $45.42 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211; www.fairisaac.com; Shares outstanding: 35.5 million; Market cap: $1.6 billion; Dividend yield: 0.2%) makes FICO Scores, the computer program that dominates the market for software that businesses use to evaluate customer creditworthiness....
FAIR ISAAC CORP. $45.42 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211; www.fairisaac.com; Shares outstanding: 35.5 million; Market cap: $1.6 billion; Dividend yield: 0.2%) makes FICO Scores, the computer program that dominates the market for software that businesses use to evaluate customer creditworthiness. The company is also profiting by selling software that helps credit card issuers control fraud and analyze their clients’ spending patterns.
In the three months ended December 31, 2012, Fair Isaac’s earnings per share before one-time items fell 6.4%, to $0.88 from $0.94. But that still beat the consensus estimate of $0.73. Revenue rose 11.5%, to $190.0 million from $170.3 million.
Revenue rose thanks to the contribution of recently acquired Adeptra, which makes systems that let businesses communicate with customers through a range of channels, including voice, instant messaging, mobile applications and email. However, Fair Isaac earned lower profit margins on Adeptra’s products, which depressed its earnings.
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In the three months ended December 31, 2012, Fair Isaac’s earnings per share before one-time items fell 6.4%, to $0.88 from $0.94. But that still beat the consensus estimate of $0.73. Revenue rose 11.5%, to $190.0 million from $170.3 million.
Revenue rose thanks to the contribution of recently acquired Adeptra, which makes systems that let businesses communicate with customers through a range of channels, including voice, instant messaging, mobile applications and email. However, Fair Isaac earned lower profit margins on Adeptra’s products, which depressed its earnings.
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J.C. PENNEY CO. INC., $17.69, New York symbol JCP, fell 21% this week after it reported lower-than-expected sales and earnings. The company operates more than 1,100 department stores in the U.S. and Puerto Rico. Over a year ago, Penney switched to an everyday low prices strategy. It felt the move would entice shoppers to come into its stores more often and not wait for clearance sales....
AASTRA TECHNOLOGIES, $19.82, symbol AAH on Toronto, develops and markets products and systems for accessing communication networks, including the Internet. Its technology is centred around business telephone systems and includes products that integrate land lines and mobile phones. In the three months ended December 31, 2012, the company’s sales fell 12.3%, to $175.2 million from $199.7 million a year earlier. Sales declined in all regions, including Western Europe, where Aastra gets the majority of its revenue. Excluding the impact of foreign exchange rates, sales declined 7.1% from a year earlier. Earnings per share rose sharply, to $2.42 from $1.30, due to a number of one-time items, including income-tax recoveries. Without those items, Aastra would have earned $1.15 a share in the latest quarter....
FAIR ISAAC CORP. $45.03 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211; www.fairisaac.com; Shares outstanding: 35.5 million; Market cap: $1.6 billion; Dividend yield: 0.2%) will now provide credit analysis software to Yooli.com, a popular Chinese crowdfunding website.
Crowdfunding is a relatively new way for small or start-up businesses to secure debt or equity financing over the Internet, by attracting small commitments from hundreds of individual investors, without the need for costly and time-consuming securities registrations and intermediaries like brokers.
The U.S....
Crowdfunding is a relatively new way for small or start-up businesses to secure debt or equity financing over the Internet, by attracting small commitments from hundreds of individual investors, without the need for costly and time-consuming securities registrations and intermediaries like brokers.
The U.S....
FAIR ISAAC CORP. $45.03 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211; www.fairisaac.com; Shares outstanding: 35.5 million; Market cap: $1.6 billion; Dividend yield: 0.2%) will now provide credit analysis software to Yooli.com, a popular Chinese crowdfunding website.
Crowdfunding is a relatively new way for small or start-up businesses to secure debt or equity financing over the Internet, by attracting small commitments from hundreds of individual investors, without the need for costly and time-consuming securities registrations and intermediaries like brokers.
The U.S. Securities and Exchange Commission (SEC). is still determining the rules for crowdfunding in the U.S. because of the risk of fraud and manipulation. It is likely to issue final guidelines sometime this year.
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Crowdfunding is a relatively new way for small or start-up businesses to secure debt or equity financing over the Internet, by attracting small commitments from hundreds of individual investors, without the need for costly and time-consuming securities registrations and intermediaries like brokers.
The U.S. Securities and Exchange Commission (SEC). is still determining the rules for crowdfunding in the U.S. because of the risk of fraud and manipulation. It is likely to issue final guidelines sometime this year.
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TUPPERWARE BRANDS CORP., $76.77, New York symbol TUP, rose 10% this week after it reported better-than-expected earnings. It also raised its dividend and announced that it would buy back more of its shares. The company makes household products, including educational toys and plastic food and beverage containers. It also manufactures a wide range of cosmetics, bath oils and fragrances. In 2012, Tupperware’s earnings rose 3.0%, to $281.4 million from $273.3 million in 2011. Due to fewer shares outstanding, earnings per share rose at a much faster pace of 12.1%, to $4.99 from $4.45. That beat the consensus estimate of $4.96....
CHESAPEAKE ENERGY CORP., $20.33, symbol CHK on New York, is up 7.0% from $19 this week. That’s largely because the company’s controversial co-founder, CEO and chairman, Aubrey K. McClendon, has agreed to retire on April 1, 2013. McClendon is under investigation by the U.S. Securities and Exchange Commission (SEC) for taking out $1.1 billion of loans from EIG Global Energy Partners that may have put him in a conflict of interest. EIG is a big lender to Chesapeake, and that’s where the potential conflict arises. It has also come to light that McClendon ran a $200-million hedge fund between 2004 and 2008 that traded in the same commodities that Chesapeake produces....
A good way to diversify your Finance holdings is with smaller firms that are leaders in their niche markets, such as these two. Their well-established brands should keep fuelling their growth, which will give them more cash for dividends. (Note: We include Fair Isaac- — see page 5— in the Manufacturing and Industry sector because it serves a wide range of clients besides banks and other lenders.)
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FAIR ISAAC CORP. $42 (New York symbol FICO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 34.9 million; Market cap: $1.5 billion; Price-to-sales ratio: 2.2; Dividend yield: 0.2%; TSINetwork Rating: Average; www.fico.com) makes FICO Scores, a computer program that helps businesses make better decisions about customer creditworthiness. It is also profiting by selling software that helps credit card issuers control fraud and analyze cardholders’ spending patterns.
The company is benefiting from the recovery of the U.S. banking industry and rising demand for mortgages. In addition, Fair Isaac is expanding internationally. It is now working with China’s central bank to develop a standard credit score. This has big potential, particularly as the country’s banking system matures.
In addition, Fair Isaac recently paid $113.0 million for Adeptra, a U.K.-based company whose systems let businesses communicate with customers through a range of channels, including voice, instant messaging, mobile applications and email.
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The company is benefiting from the recovery of the U.S. banking industry and rising demand for mortgages. In addition, Fair Isaac is expanding internationally. It is now working with China’s central bank to develop a standard credit score. This has big potential, particularly as the country’s banking system matures.
In addition, Fair Isaac recently paid $113.0 million for Adeptra, a U.K.-based company whose systems let businesses communicate with customers through a range of channels, including voice, instant messaging, mobile applications and email.
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