Monday, January 21, 2013

Chart of the Day - Equifax (EFX)

The "Chart of the Day" is Equifax (EFX), which showed up on Thursday's "All-Time High" list. Equifax posted an all-time Thursday at $57.24 and closed up +0.53%. TrendSpotter has been long since Jan 2 at $54.74. In recent news on the stock, Equifax's latest National Consumer Credit Trends Report released on Thursday, showed the amount of new credit card limits opened in the first three quarters of 2012 hit $675 billion, up from just $523 billion during the same period in 2010 as consumer credit cards continue their recovery with new credit originations returning to levels last seen three years ago. Equifax officials also noted that new auto loans hit a five-year high in September, mirroring the improvement economists have seen in unsecured borrowing. Equifax, with a market cap of $6.824 billion, is one of the leaders in facilitating and securing commerce by bringing buyers and sellers together world-wide through information, transaction processing and Internet businesses. Global operations include consumer and commercial credit information services, credit card marketing and processing services, check guarantee and authorization, software, modeling, database management, marketing solutions, analytics, direct to consumer services, and Internet identity verification and digital certificate services.
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