LML Payment Systems

LML Payment Systems rallies on volume spike

December 29, 2009 - 2:18pm | News | Payment systems

LML Payment Systems shares rose on above-average volume as traders speculated that the payment processing services provider could benefit from an increase in holiday sales.
LML Payment Systems rose as MasterCard Advisors' SpendingPulse showed that U.S. holiday sales rose 3.6% between Nov. 1 and Dec. 24, compared with a year-ago decline of 2.3%.
Beanstream Internet Commerce, a subsidiary of LML Payment Systems, counts Best Buy among its key customers, leading some traders to speculate that LML's fourth-quarter results will benefit from a ramp up in online sales.

holiday sales | LML Payment Systems | NASDAQ | share | Yahoo! Finance

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New president for LML Payment Systems

February 6, 2009 - 8:46am | News | Payment systems

LML Payment Systems Inc. had announced the appointing of Craig Thomson as President of the company. Thomson will be responsible for corporation's business and operations in both Canada and the United States. Currently Thomson occupies the position of a president and chief executive officer of the corporation's subsidiary, Beanstream Internet Commerce Inc.

appointment | LML Payment Systems | President | promotion

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