FDC - First Data Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
31.69
+2.54 (+8.71%)
At close: 4:00PM EDT
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Previous Close29.15
Open29.91
Bid0.00 x 21500
Ask0.00 x 800
Day's Range30.00 - 31.58
52 Week Range15.52 - 31.69
Volume49,014,374
Avg. Volume10,846,370
Market Cap29.972B
Beta (3Y Monthly)N/A
PE Ratio (TTM)30.50
EPS (TTM)N/A
Earnings DateOct 28, 2019 - Nov 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est28.21
Trade prices are not sourced from all markets
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  • Moody's

    First Data Corporation -- Moody's withdraws First Data's ratings upon closing of acquisition

    Moody's Investors Service ("Moody's") withdrew all the ratings for First Data Corporation (First Data) upon the closing of the acquisition of First Data by Fiserv, Inc. (Fiserv, Baa2 stable) and the repayment of First Data's rated debt instruments.

  • Bloomberg

    BofA to End Payments Joint Venture With First Data Next June

    (Bloomberg) -- Bank of America Corp. said it will end a payments joint venture with First Data Corp. next June when a contract between the two companies expires.The firms will continue to provide delivery of products and services for existing clients through at least June 2023, but will otherwise pursue independent merchant-services strategies next year, Charlotte, North Carolina-based Bank of America said in a statement. The bank said in a filing it expects to take a charge of about $1.7 billion to $2.1 billion in the third quarter related to the planned exit, which won’t affect its capital plan.The separation could free up Bank of America to directly offer retailers the services that come with handling electronic payments, at a time when ventures from Silicon Valley and China are looking to muscle into an industry that collects $108 billion a year from merchants. The battle over payments is prompting longstanding players such as First Data to consolidate, and banks to ponder their own roles. Already, JPMorgan Chase & Co. has proven it’s possible to set out on its own.“Payments are at the core of our business, and this announcement is another step forward in our global strategy to provide companies of all sizes an integrated payment offering,” Mark Monaco, head of enterprise payments at Bank of America, said in the statement.The announcement of the separation comes on the day Fiserv Inc. completed its acquisition of First Data, and three days after shares of both of those companies surged on optimism that negotiations over the Bank of America joint venture would wrap up soon. Fiserv shares fell 1.6% in late trading at 6:43 p.m. in New York.Bank of America is one of First Data’s largest bank partners, and the two companies processed 17.3 billion transactions in 2018, according to trade publication Nilson Report.Jeff Yabuki, chief executive officer of Fiserv, said his company still expects to service a “meaningful proportion” of new merchants onboarded after June 2020, citing conversations with Bank of America. The two companies haven’t signed any agreements, he said.(An earlier version of this story corrected the description of the number of transactions processed in sixth paragraph.)(Adds comment from Fiserv CEO in last paragraph.)To contact the reporters on this story: Lananh Nguyen in New York at lnguyen35@bloomberg.net;Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    UPDATE 1-Bank of America ends joint venture with Fiserv's First Data

    Bank of America Corp said on Monday it would end its electronic payment services joint venture with First Data Corp next June, hours after Fiserv Inc completed its acquisition of the payment processor. U.S. financial technology provider Fiserv announced the acquisition of First Data earlier this year, in a $22 billion all-stock deal. Bank of America said http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-newsArticle&ID=2405030#fbid=tRUHJC6WQK3 on Monday it and First Data had agreed to provide uninterrupted services to clients of Banc of America Merchant Services through at least June 2023.

  • Fiserv, First Data complete $22B merger
    American City Business Journals

    Fiserv, First Data complete $22B merger

    As expected, Fiserv Inc.'s $22 billion all-stock acquisition of New York's First Data Corp. closed Monday, creating the largest merchant service platform in the world.

  • Fiserv leads payments stocks higher after suggesting mega-merger targets are conservative
    MarketWatch

    Fiserv leads payments stocks higher after suggesting mega-merger targets are conservative

    Fiserv Inc. shares continued their rally on Friday, after the financial-technology company suggested that its synergy targets for its pending deal with First Data Corp. could be conservative.

  • First Data (FDC) Surpasses Q2 Earnings and Revenue Estimates
    Zacks

    First Data (FDC) Surpasses Q2 Earnings and Revenue Estimates

    First Data (FDC) delivered earnings and revenue surprises of 2.44% and 0.55%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    First Data Reports Second Quarter 2019 Financial Results

    NEW YORK-- -- Q2 consolidated revenue of $2,485 million, up 2% Q2 total segment revenue of $2,278 million, up 2% as reported; up 7% on an organic constant currency basis Q2 net income attributable to First Data diluted EPS of $0.28, down 21%, primarily driven by a $107 million tax benefit in the prior year quarter Q2 adjusted diluted EPS of $0.42, up 8% in the quarter Q2 total segment EBITDA of $893 ...

  • First Data deal has turned Fiserv into a big short play
    MarketWatch

    First Data deal has turned Fiserv into a big short play

    Once-sleepy Fiserv Inc. has become the top short play among payments and data-processing companies in the months since it announced an all-stock deal for First Data Corp.

  • Business Wire

    FutureFuel.io and First Data Team Up to Help Associates Crush Student Debt

    FutureFuel.io, a technology provider of student debt employer benefits solutions, today announced the launch of a new program with First Data, a global leader in commerce-enabling technology and solutions. The program offers qualified First Data associates the opportunity to direct earned performance rewards points to pay down their student debt and faster achieve financial freedom. To date, associates have earned a total of $1.59M in performance rewards points.

  • First Data (FDC) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    First Data (FDC) Reports Next Week: Wall Street Expects Earnings Growth

    First Data (FDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • First Data Recognized as a Best Place to Work for Disability Inclusion
    Business Wire

    First Data Recognized as a Best Place to Work for Disability Inclusion

    First Data (FDC), a global leader in commerce-enabling technology and solutions, has been recognized as a Best Place to Work for Disability Inclusion as part of the 2019 Disability Equality Index® (DEI), a national, transparent benchmarking tool that offers businesses an opportunity to self-report their disability inclusion policies and practices. The Disability Equality Index (DEI) is a unique, joint initiative of Disability:IN and the American Association of People with Disabilities (AAPD). It serves as the nation’s most comprehensive annual benchmarking tool allowing America’s leading corporations to self-report their disability policies and practices.

  • Business Wire

    First Data to Release Second Quarter 2019 Financial Results

    First Data Corporation will release its second quarter 2019 financial results before the market opens on Thursday, July 25, 2019. The release will be available at investor.firstdata.com.

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    Silicon Valley Bank and First Data Welcome Class 9 of Commerce.Innovated. Accelerator

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  • Business Wire

    Media Alert: First Data’s 2019 Commerce and Payments Industry Mid-Year Review Webinar to Be Held Thursday, June 27

    First Data (FDC), a global leader in commerce-enabling technology and solutions, will host its 2019 Commerce and Payments Industry Mid-Year Review on Thursday, June 27, at noon ET. The webinar will be hosted by Glenn Fodor, Head of First Data Insights. Whether it’s the physical store, branch, kiosk, app or website, no channel has been immune to the disruptive forces at play in commerce.

  • Markit

    See what the IHS Markit Score report has to say about First Data Corp.

    First Data Corp NYSE:FDCView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for FDC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FDC had net inflows of $3.24 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. FDC credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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