FDC News and Press, First Data Corporation Class A

I currently work for a credit union that utilizes Fiserv ( FISV ) and the services/technology they provide has been extremely helpful as social distancing continues to be emphasized. Instead of having a drive-thru with tubes, FISV has given us the ability to turn ATM's into a platform where te...

This article is part of a series that provides an ongoing analysis of the changes made to George Soros’s 13F stock portfolio on a quarterly basis. It is based on George Soros’s regulatory 13F Form filed on 11/14/2019. Please visit our Tracking Soros Fund Management Holdings ar...

Fiserv ( FISV ) is an interesting fintech company and its recent acquisition of First Data ( FDC ) gives it higher upside potential if the integration is well executed. Its valuation can appear high in absolute terms, but compared to its closest peers it trades at a discount. Its share pri...

This article is part of a series that provides an ongoing analysis of the changes made to Larry Robbins’ 13F portfolio on a quarterly basis. It is based on Robbins’ regulatory 13F Form filed on 08/14/2019. Please visit our " Tracking Larry Robbins’ Glenview Capital Manag...

Merger activity decreased last week with three new deals announced and ten pending deals closing. Deal Statistics: New Deals: The acquisition of Genomic Health ([[GHDX]]) by Exact Sciences Corporation ([[EXAS]]) for $2.8 billion in a cash-plus-stock deal. Under the terms of the ...

Bank of America (NYSE: BAC ) and First Data (NYSE: FDC ), now part of Fiserv (NASDAQ: FISV ), will pursue independent merchant services strategies starting June 2020, when the contract concludes for their joint venture, Banc of America Merchant Services. More news on: Fiserv, Inc., First...

Fiserv (NASDAQ: FISV ) rises 0.6%  in premarket trading after closing its acquisition of First Data (NYSE: FDC ). More news on: Fiserv, Inc., First Data Corporation, Merger & acquisition news, Financial stocks news, Read more ...

First Data (NYSE: FDC ) rises 1.8%  after reporting what's likely to be its last quarterly earnings report as a standalone business. More news on: First Data Corporation, Financial stocks news, Earnings news and commentary, Read more ...

First Data (NYSE: FDC ): Q2 Non-GAAP EPS of $0.42 beats by $0.01 ; GAAP EPS of $0.28 in-line. Revenue of $2.49B (+1.6% Y/Y) beats by $220M . Shares +0.5% PM. Press Release More news on: First Data Corporation, Earnings news and commentary, Financial stocks news,

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 (a) basis Q2 net income attributable to First Data diluted EPS of $0.28, down 21%, primarily driven by a $107 million tax ben...