FIS News and Press, Fidelity National Information Services Inc. From 02/13/23

FIS ( NYSE: FIS ) announced on Monday a planned spin-off of its Merchant Solutions business. The transaction, expected to complete within the next 12 months, will strengthen FIS's strategic and operational focus, helping it to capitalize on growth opportunities and unlock sharehol...

Fourth quarter revenue grew 1%, and full-year 2022 revenue grew 5% Fourth quarter GAAP Diluted EPS was $(29.28), and fourth quarter Adjusted EPS decreased 11% to $1.71 Full-year 2022 GAAP Diluted EPS was $(27.68), and full-year 2022 Adjusted EPS increased 2% to $6.65 Announces first q...

Key facts Planned separation to create two market leading companies with greater strategic flexibility and operational focus to capitalize on respective growth and margin opportunities in rapidly evolving markets. Former Worldpay CEO Charles Drucker named as strategic advisor to aid w...

Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify China accuses U.S. of flying spy balloons since early 2022. Fidelity National Information ( FIS ) plans to spin off its merchant business - report. Catalyst watch : Inflation reads, Ro...

FIS ® (NYSE: FIS), a global leader in financial services technology, today announced that it has changed its earnings release date for fourth quarter 2022 financial results to Mon., Feb. 13, 2023, prior to market open. The company will sponsor a live webcast of its earnings confere...

Fidelity National Information Services ( NYSE: FIS ) is said to be making plans for a tax-free spin-off of its merchant business, offloading much of the business from its $43 billion Worldpay acquisition it 2019. The spin-off is expected to take several months to complete and Fidelity...

Fisker Inc. (NYSE: FSR) ("Fisker") – driven by a mission to create the world’s most emotional and sustainable electric vehicles – today announced that it will report its fourth quarter and full year 2022 financial results after market close on Monday, February 27, 2023. The...

Fidelity National Information Services ( NYSE: FIS ) may be worth $95-$120 based on the sum-of-the-parts analysis, according to a Susquehanna analysis. Fidelity ticked up 1.4%. The report comes after recent media sources discussing a potential spin off of the company's merchant paymen...

Summary Fidelity National's revisions are very negative, with 18/19 EPS revisions being negative and 19/21 revenue revisions being negative. FIS's revenue base is secured by the stability of the bank technology business, which is ripe with long-term contracts and rich in recurring reven...

Summary William von Mueffling's 13F portfolio value increased this quarter from $11.04B to $11.81B. Cantillon added CDW Corp and increased BlackRock, Interactive Brokers, Entegris, and Armstrong World Industries during the quarter. The portfolio continues to be very concentrated wit...