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Actionable news in VNTV: VANTIV Inc,

Vantiv (VNTV) Stock Slides, Downgraded After Q2 Results

NEW YORK (TheStreet) -- Shares of Vantiv (VNTV) are down 5.75% to $55.22 on heavy trading volume Friday afternoon after the company posted solid results for the 2016 second quarter, but was downgraded due to outlook concerns.

After yesterday's closing bell, the Cincinnati-based payment processing provider reported earnings of 70 cents per share, above analysts' estimates of 68 cents per share. Revenue was $480 million, higher than analysts' projections of $465.67 million.

Vantiv's stock rating was reduced to "outperform" from "buy" at CLSA...


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