Four Reasons to Be Positive on Alliance Data By Colin Gillis About this article: Shares of Alliance Data are down over 6% today -- likely on the release of data that shows a look into the trends of consumer spending for its portfolio of receivables. ADS is always an interesting stock to follow because it has an underlying bank called World Financial Network National Bank that submits monthly public filings that provide insight into the trends that impact the quarterly results for ADS, including receivables generated on the portfolio of its private-label credit cards, yield for portfolio, and charge-off data. Often a full three months of this "Master Trust" data is available before the company reports results, providing a solid window into the reported operating results. The filings are intended for the bondholders of the receivables of the trust, so using the data to predict equity results can be tricky, as the data is an incomplete picture. The company also has... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.