Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Cardtronics Places ATMs in One of Puerto Rico's Top Supermarket Chains

Mon. November 02, 2009; Posted: 09:30 AM
Stocks RSS
HOUSTON, Nov 2, 2009 (GlobeNewswire via COMTEX) -- CATM | Quote | Chart | News | PowerRating -- Cardtronics, Inc. (Nasdaq:CATM) has reached an agreement to place ATMs in supermarkets across Puerto Rico run by Supermercados Grande. As one of the largest supermarket chains based in Puerto Rico, Supermercados Grande serves a substantial group of customers. The five year agreement ensures that these customers will have ready access to cash when and where they need it. Cardtronics will place ATMs in nine Supermercados Grande supermarkets with deployment planned for the fourth quarter of 2009.

"Cardtronics is committed to playing an important and leading role in satisfying the cash needs of Puerto Rico's residents and visitors," stated Jorge Fernandez, Cardtronics Senior Vice President. "By partnering with Supermercados Grande, Cardtronics will serve a large customer base in highly visible, high quality locations that are frequented on a regular basis."

"Supermercados Grande prides itself on meeting and exceeding the needs of our valued customers. We know that our customers need cash, and Cardtronics is the ideal partner to provide them with that cash," said Yarimir Rodriguez, Comptroller of Supermercados Grande. "Cardtronics is committed to providing the superior service and cash availability that our customers deserve."

About Cardtronics

Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) is the world's largest non-bank operator of ATMs. Cardtronics operates approximately 33,000 ATMs across its portfolio, with ATMs in every major market in the United States and Puerto Rico, over 2,600 ATMs throughout the United Kingdom, and over 2,100 ATMs throughout Mexico. Major merchant clients include 7-Eleven(R), Chevron(R), Costco(R), CVS(R)/pharmacy, ExxonMobil(R), Hess Corporation(R), Rite Aid(R), Safeway(R), Sunoco(R), Target(R), and Walgreens(R). Complementing its ATM operations, Cardtronics works with financial institutions of all sizes to provide their customers with convenient cash access and deposit capabilities through ATM branding, surcharge-free programs, and image deposit services. Approximately 11,200 Cardtronics owned and operated ATMs currently feature bank brands. For more information, please visit the Company's website at www.cardtronics.com.

The Cardtronics logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=991

About Supermercados Grande

Supermercados Grande is a leading supermarket chain of 31 stores in Puerto Rico. It has served the needs of its customers for the past 40 years with high quality products and the variety that the people want to find in a supermarket. Supermercados Grande is committed to providing excellent customer service and also offers services like Sushi, Delis, and pharmacy in most of our stores.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Cardtronics, Inc.

CONTACT:  Cardtronics, Inc.
Media Contact:
Joel Antonini, VP Marketing
832-308-4131
joel.antonini@cardtronics.com
Investor Contact:
Chris Brewster, CFO
832-308-4128
cbrewster@cardtronics.com
For full details on Cardtronics (CATM) click here. Cardtronics (CATM) has Short Term PowerRatings of 5. Details on Cardtronics (CATM) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [CATM]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.