Netspend Holdings Inc. (NTSP) announced after the close Tuesday that it agreed to be acquired by TSYS (TSS) in an all cash transaction valued at approximately $1.4 billion. The transaction is expected to close in mid-2013.
Netspend Holdings has gapped open sharply higher Wednesday and is now up 3.65 at $15.94 on the highest volume of the year. The stock has leaped to a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.