Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Credit Suisse Cuts ChoicePoint to Neutral

From Standard & Poor's Equity Research

Credit Suisse downgraded ChoicePoint (CPS) to neutral from outperform, noting concerns about the company's growth.

Analyst Paul Bartolai's move comes after the company's announced divestiture of three business units and update of its second quarter outlook. He says the company expects its second quarter internal revenue growth to be only modestly higher than in the first quarter, despite easier comps owing to the anniversary of fraud issues. Also, the company expects second quarter organic growth from continuing operations to be in the mid-single digits, which is in line with its former view, but guidance now excludes the divested units. He cut his $1.88 2006 earnings per share (EPS) and $2.20 2007 EPS estimates to $1.80 and $2.05.

blog comments powered by Disqus