Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, May 08, 2015

Article Excerpt

DUN & BRADSTREET CORP., $125.84, New York symbol DNB, provides credit reports on over 230 million companies. Its clients use this information to make lending and buying decisions. In 2010, the company sold subsidiary Dun & Bradstreet Credibility Corp. (DBCC) to private investors. DBCC sells credit reports and related services to small businesses in the U.S. and pays licensing fees to use the Dun & Bradstreet brand. DBCC’s new owners focused on developing products specifically for small businesses. Since the sale, DBCC has doubled its annual revenue to $135 million. Dun & Bradstreet is now buying DBCC for $320 million in a deal it expects to complete by the end of this month. DBCC’s expertise will let the company profit as many small businesses are now spending more on marketing and data products in the wake of the 2008-2009 recession. Meanwhile, Dun & Bradstreet earned $48.4 million in the quarter ended March 31, 2015, down 16.8% from $58.2 million a year earlier. Per-share earnings…