Brazilian card processor Cielo may be losing market share to rival Redecard and is still showing anemic growth from its prepayment receivables business, according to a report on its 4Q09 earnings from Raymond James (NYSE: RJF).
Cielo had recurring net income of 442mn reais (US$235mn) in 4Q09 for a 77.5% increase from 4Q08, while Redecard, the [...]
Posts Tagged ‘earnings’
Cielo may be losing market share to Redecard, prepayment segment anemic
February 6th, 2010 
admin 
Posted in Business News 
Tags: card processor, Cielo, earnings, prepayment business, Redecard, transaction volumes 
No Comments »Health costs race past inflation
February 6th, 2010 admin Premiums rise less than last year’s growth pace, but still outpace inflation and worker earnings, survey says.
Health insurance premiums in 2007 rose 6.1 percent, the lowest growth rate in eight years but still well above inflation and worker earnings, according to the latest annual survey from the Kaiser Family Foundation.
It was the fourth consecutive year [...]
