Two foreign names, Qiwi (QIWI) and Qihoo 360 Technology (QIHU), are among the four entrants to the list of elite stocks that make this week’s Young Guns. U.S. companies Alliance Data Systems (ADS) and HomeAway (AWAY), both based in Texas, complete the newbies list. IBD’s Young Guns Screen Of The Day features leading companies with high Composite Ratings that have gone public in the last 15 years. Younger companies can often grow at faster rates
Qiwi (QIWI), of provider of next generation payment services in Russia, early Tuesday reported better-than-expected third-quarter earnings, raised its guidance and declared a dividend. Qiwi stock was up 4%, near 44.50, in midday trading in the stock market today. Earlier in the session, Qiwi stock hit an all-time high of 47.45. The company made its U.S. IPO in May, pricing shares at $17. The company is one of the largest providers of nonbank
Recent IPO Qiwi (QIWI) will give investors an idea of how the online payments business is doing in Russia when it reports third-quarter results before the open Tuesday. Qiwi is the largest operator of nonbank self-service payment kiosks in Russia. It has an integrated proprietary network that enables payment services across physical, online and mobile channels. The company lists more than 169,000 Qiwi-branded kiosks, and terminals operate across