FIS - Fidelity National Information Services, Inc.
| Previous Close | 137.97 |
| Open | 137.54 |
| Bid | 131.08 x 800 |
| Ask | 142.25 x 800 |
| Day's Range | 133.76 - 138.36 |
| 52 Week Range | 94.53 - 140.73 |
| Volume | 3,467,881 |
| Avg. Volume | 4,674,798 |
| Market Cap | 82.49B |
| Beta (3Y Monthly) | 0.57 |
| PE Ratio (TTM) | 58.64 |
| EPS (TTM) | 2.29 |
| Earnings Date | Oct 28, 2019 - Nov 1, 2019 |
| Forward Dividend & Yield | 1.40 (1.01%) |
| Ex-Dividend Date | 2019-09-12 |
| 1y Target Est | 150.04 |
- Reuters
Worldpay charges, disclosed in fine print, anger small U.S. merchants
Mark VenHuizen, the comptroller of a family business which sells parts for boat engines in Florida, says he has complained three times to Worldpay Inc since 2016 for tacking on extra fees to process his customers' credit and debit card payments without clearly telling him about it. The first two times when he complained after noticing larger costs on his billing statement, the additional fees disappeared for a few months. Last August, he discovered Worldpay had added a 0.3% charge on top of an initial fee of 0.2% on many transactions, boosting his bill by hundreds of dollars.
- Zacks
Global Payments Rides on Buyouts in Consolidating Industry
Global Payments' (GPN) aggressive buyouts shape its inorganic growth profile, which complements its organic growth.
- Zacks
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Johnson & Johnson, NVIDIA, Booking and Fidelity
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Johnson & Johnson, NVIDIA, Booking and Fidelity
- Zacks
Top Research Reports for Berkshire Hathaway, Johnson & Johnson & NVIDIA
Top Research Reports for Berkshire Hathaway, Johnson & Johnson & NVIDIA
- Bloomberg
European Fintechs Escape Troubles Afflicting Established Banks
(Bloomberg) -- When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders.Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5 billion valuation. European fintech companies raised $3.3 billion in venture capital in the first half of 2019, up from $1.9 billion in the same period last year, according to data compiled by CB Insights. In contrast, an index of European Union banks has dropped 39% the past 18 months.“Investors are drawn to it because it’s the perfect blend of a huge, mature industry which, empowered by technology, can deliver vast returns, far in excess of what you see if you’re starting up out of nowhere,” said Ben Brabyn, chief executive officer of Level39, one of Europe’s largest fintech accelerators, in an interview.Here are a few other recent industry highlights and what to watch out for next.Fintechs Flout Brexit WorriesLondon fintechs defied the Brexit gloom that descended on the the U.K. Transferwise Ltd. announced a funding round in May that valued the eight-year-old company at $3.5 billion, up from $1.6 billion in 2017. A few weeks later, online bank Monzo closed a new funding round doubling the startup’s valuation to more than $2.5 billion. Meantime, Revolut Ltd., while being eyed by regulators for possible compliance lapses, expanded into stock trading. They weren’t all winners: shares of peer-to-peer lender Funding Circle Ltd. have plunged 65% this year.IZettle’s Surprise PayPal SaleIt was the midnight deal that surprised many -- PayPal Holdings Inc. purchased iZettle AB for $2.2 billion in May 2018 the night before the Swedish startup had planned to price its shares in an initial public offering. Stockholm-based iZettle competes with Twitter co-founder Jack Dorsey’s Square Inc., and Canada’s Shopify Inc.Adyen Soars After IPODutch payments processor Adyen NV hit headlines for two reasons last year. First, in February, it was announced the Netherlands-based firm would replace PayPal as EBay Inc.’s global checkout service. Then in June, it held a billion-dollar IPO and saw its shares surge 90% in the first day of trading. The company, whose clients include Netflix Inc. and Spotify Technology SA, is now valued at 20 billion euros ($22.4 billion)Worldpay’s $35.5 Billion DealAs one of the world’s biggest payments firms, Worldpay Inc. handles about $1 trillion annually -- similar to Chase Paymentech. When Fidelity National Information Services Inc. said on July 31 it’d completed its $35.5 billion acquisition of the company, data compiled by Bloomberg showed the combined business will be the world’s biggest in the processing and payments industry. It wasn’t a bad day for Ohio-based Worldpay, which less than two years earlier had been a British enterprise snapped up for 7.7 billion pounds ($9.3 billion) by U.S. merchant acquirer Vantiv.What’s Next?N26, the German mobile bank backed by billionaire Peter Thiel, announced in July it had extended its most recent fundraising round to $470 million, at a valuation of $3.5 billion. The company is expanding from Europe to the U.S., betting it can attract users from established lenders and credit card providers with free accounts, fewer fees and phone alerts.Other companies to watch include Revolut, which despite multiple run-ins with controversy remains exciting to investors after it held one of the biggest fundraising rounds for a European fintech last year, and app-based banks Monzo and Starling, which are attracting customers at a rapid clip.Further down the line is the U.K.’s online lender Zopa Ltd., which its CEO Jaidev Janardana said in July could potentially hold an IPO in 2021.“The valuations are encouraging but they’re not enough. They’re just an early indicator. The important numbers to watch are the customers,” said Brabyn. “We all need to step up to demonstrate the public value of what we do.”To contact the reporter on this story: Ali Ingersoll in London at aingersoll1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Nate Lanxon, James HertlingFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Thomson Reuters StreetEvents
Edited Transcript of FIS earnings conference call or presentation 6-Aug-19 12:30pm GMT
Q2 2019 Fidelity National Information Services Inc Earnings Call
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Should Invesco Defensive Equity ETF (DEF) Be on Your Investing Radar?
Style Box ETF report for DEF
- American City Business Journals
DIA sets stage for $145 million riverfront HQ buildout
The $145 million buildout of a corporate headquarters in Riverside made it passed several hurdles in Wednesday's meeting of the Downtown Investment Authority.
- American City Business Journals
Worldpay beats analyst estimates following acquisition
In its first earnings report after being acquired, Greater Cincinnati-based Worldpay beat Wall Street's expectations.
Motley FoolFidelity National Information Services, Inc. (FIS) Q2 2019 Earnings Call Transcript
FIS earnings call for the period ending June 30, 2019.
- Zacks
Fidelity National (FIS) Q2 Earnings as Expected, Costs Down
Fidelity National Information Services' (FIS) Q2 earnings reflect lower expenses, higher organic revenue growth and expanding margin.
- Zacks
Fidelity National Information Services (FIS) Meets Q2 Earnings Estimates
Fidelity National (FIS) delivered earnings and revenue surprises of 0.00% and 0.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
FIS Reports Second Quarter 2019 Results for FIS and Worldpay, and Issues Combined Company Guidance for 2019
JACKSONVILLE, Fla.-- -- FIS GAAP revenue flat; organic revenue increased 5 percent FIS Diluted EPS of $0.47; Adjusted EPS of $1.78 Worldpay GAAP revenue increased 7 percent; constant currency revenue increased 8 percent Worldpay Diluted EPS of $0.46; Adjusted EPS of $1.24 FIS issues consolidated guidance for third and fourth quarter 2019, including the impact of the Worldpay acquisition, which closed ...
- American City Business Journals
DIA to consider $30 million incentive package for riverfront corporate HQ
The Downtown Investment Authority will consider granting almost $30 million in state and city incentives to the construction of a riverfront corporate headquarters during Wednesday's board meeting. The incentives include a $23.4 million tax rebate grant, a $3.5 million city grant payable when the project is complete and $3 million in tax refunds – $600,000 from the city and $2.4 million from the state. The package, code-named Project Sharp, will go towards construction of a 300,000-square-foot corporate headquarters to house 500 employees with an average annual wage of $85,000.
- Simply Wall St.
How Much Did Fidelity National Information Services, Inc.'s (NYSE:FIS) CEO Pocket Last Year?
Gary Norcross became the CEO of Fidelity National Information Services, Inc. (NYSE:FIS) in 2015. First, this article...
- Zacks
What's in the Cards for Fidelity National (FIS) Q2 Earnings?
Fidelity's (FIS) Q2 results anticipated to reflect year-over-year improvement in earnings and revenues as well.
- IPO-Edge.com
IPO Edge Editor Jannarone Looks Back on 200% Return in Repay, Textbook SPAC Success – Real Vision
Repay Holdings Corporation was an incredible trade for those who bought the warrants early and the business remains very attractive. That's according to a Real Vision interview with IPO Edge Editor-in-Chief John Jannarone, who recommended buying warrants in the special purpose acquisition company, or SPAC, before the vehicle took Repay public. There was reason to […]
- Zacks
Fidelity National (FIS) Completes Acquisition of Worldpay
Fidelity National (FIS) acquires ownership in Worldpay in a stock-cash deal to boost its revenue growth prospects.
- Moody's
Worldpay Finance plc -- Moody's withdraws Worldpay's ratings upon closing of acquisition
Moody's Investors Service ("Moody's") withdrew all the ratings for Worldpay, LLC (Worldpay) and Worldpay Finance plc upon the closing of the acquisition of Worldpay by Fidelity National Information Services, Inc. (FIS, Baa2 stable) and the repayment of Worldpay's rated debt instruments.
- American City Business Journals
Here's what's expected to happen to Worldpay's local employees following its sale
Worldpay Inc.’s top three executives will remain with Fidelity National Information Services Inc. following its $43 billion acquisition of Greater Cincinnati-based Worldpay. Here's where they'll be located.
- American City Business Journals
Worldpay, FIS complete $43B deal
Greater Cincinnati-based Worldpay Inc. and Fidelity National Information Services Inc. have completed their $43 billion acquisition deal.
- Business Wire
FIS Closes Acquisition of Worldpay, Enhancing its Global Technology Leadership Serving Merchants, Banks and Capital Markets
FIS acquires Worldpay, one of the world’s leading global eCommerce and payment technology companies. Post-acquisition, FIS will have over $12 billion in pro forma revenue and be a global leader in technology and solutions for merchants, banks and capital markets. With more than 55,000 employees and a best-in-class technology portfolio, FIS is positioned to accelerate its growth and advance the way the world pays, banks and invests.
- American City Business Journals
Worldpay, FIS set date for $43B acquisition to close
Worldpay Inc. and Fidelity National Information Services Inc. have reportedly set the date for their $43 billion acquisition deal to close.
- 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.
