FIS News and Press, Fidelity National Information Services Inc. From 05/18/23

2023-05-18 11:13:20 ET Summary FIS announced earlier this year that it intends to spin off its Merchant Solutions business. This move will immediately remove about 1/3 of the firm's revenue and adjusted EBITDA. The stock has been trading down for some time and has lost more th...

SAN DIEGO, May 16, 2023 (GLOBE NEWSWIRE) -- The release from May 16, 2023, should read: Fidelity National Information Services, Inc. (NYSE: FIS), instead of Fidelity National Financial, Inc. (NYSE: FNF). The case was not filed against Fidelity National Financial, Inc. but rather against Fidelity ...

2023-05-15 18:52:59 ET Activist investor Jana Partners boosted its holdings in Fidelity National Information Services ( NYSE: FIS ) to ~3.5M shares from ~2.6M shares during Q1, according to its 13F filing for the quarter. The hedge fund cut its holdings in Mercury Systems...

Fisker begins ramping up production to meet customer demand for the electric Fisker Ocean Next phase of Fisker Ocean One deliveries will start in June in European and US markets Fisker Inc. (NYSE: FSR) ("Fisker"), driven by a mission to create the world's most emotional and sust...

2023-05-14 23:25:14 ET Summary Seth Klarman’s 13F portfolio value decreased from $6.13B to $5.85B this quarter. Baupost Group increased Alphabet and Fidelity National Information Services while dropping Meta Platforms, Micron Technology, and Amazon.com. The portfolio co...

Company delivers first Fisker Ocean Ones in Copenhagen, Denmark and Munich, Germany, establishing delivery process to early customers. Fisker inaugurated its first two customer locations in April at the Vienna and Copenhagen Centers+, which were followed by the opening of two Fisker showrooms...

2023-05-09 05:27:09 ET Summary PayPal Holdings had a really solid quarter, but shares of the business moved lower after-hours because of weak near-term guidance. A reduction in the number of active accounts might also have been a factor, but management is optimistic about this yea...

2023-05-08 21:06:49 ET Summary William von Mueffling's 13F portfolio value increased this quarter from $11.81B to $12.28B. Cantillon added Ferguson plc and increased CDW Corp while decreasing Alphabet and dropping Fidelity National Information Services. The portfolio continues...

Fisker registers the first all-electric Ocean SUV in Germany after the handover of the first vehicle to its new owner in Denmark The First Fisker Ocean in Germany will be delivered to CEO Henrik Fisker Two brand-new customer facilities in Munich City, at Kaufingerstrasse 12 and the Motorw...

2023-05-07 06:11:12 ET Summary Shares of Fidelity National Information Services are trading for an attractive valuation. Investors in the financial sector are concerned regarding sector stability, yet Fidelity National Information Services is poised to stay stable. Therefore, ...