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FIS News and Press, Fidelity National Information Services Inc. From 06/19/23

Stock Information

Company Name: Fidelity National Information Services Inc.
Stock Symbol: FIS
Market: NYSE
Website: fisglobal.com

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FIS - Fidelity National Information Services: Why Does Seth Klarman Own 4.3% Of FIS?

2023-06-19 08:51:35 ET Summary Fidelity National Information Services (FIS) appears undervalued with potential for significant capital appreciation in under three years, making it an attractive option for dividend growth investors. Despite its strong performance in the past, FIS h...

FIS - It's Groundhog Day (All Over Again), With Durbin's CCCA Legislation

2023-06-14 09:36:21 ET Summary Senator Dick Durbin re-introduced the Credit Card Competition Act (CCCA). The CCCA will benefit big-box merchants and hurt American households. If it passes, expect credit to evaporate and the elimination of reward programs. Like his Durbin A...

FIS - Fisker to Open China Delivery Center in 2023 and Start Deliveries of Fisker Ocean SUV in Q1 2024

The company intends to open a delivery center in China in 2023 and to start delivering the Fisker Ocean SUV in Q1 2024. Fisker leadership recently visited China and engaged in productive discussions with officials and business leaders in Shanghai. Fisker established a China office in 2022...

FIS - Fisker Details Emission Credits Strategy for United States

Fisker will start US deliveries of the all-electric Fisker Ocean SUV later this month. The Fisker Ocean Extreme has received both an EPA Certificate of Conformity and a California Air Resources Board (CARB) Executive Order, approving the Fisker Ocean Extreme for sale and delivery in all 50 US...

FIS - Worldpay from FIS teams up with Volt to Bring Power of Open Banking to Merchants

Key facts Worldpay from FIS has teamed with Volt to provide merchants with an account to-account payments infrastructure. New collaboration enables merchants to tap into growing $525bn A2A payments market. New Real-Time Payment capabilities helps merchants expand to emerging marke...

FIS - Fisker to Commence Volume Deliveries of Fisker Ocean Week of June 19 in United States

Fisker will start volume deliveries to US customers the week of June 19 The EPA confirmed in May that the Fisker Ocean has a range of 360 miles Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable elect...

FIS - All-Electric Fisker Ocean Extreme Achieves EPA Range of 360 Miles, the Longest of Any New Electric SUV Under $200,000 Sold in the United States Today

Fisker achieves an EPA estimated total range of 360 miles for the all-electric Fisker Ocean Extreme on 20” wheels, exceeding Fisker’s previous estimates EPA values confirm the Fisker Ocean Extreme has the longest range of any new electric SUV under $200,000 sold in the United St...

FIS - Third Point First Quarter 2023 Investor Letter

2023-05-22 00:56:00 ET Summary Third Point LLC is an SEC-registered investment adviser based in New York. The firm was founded in 1995 by Daniel S. Loeb, who serves as Chief Executive Officer. Third Point focuses on event-driven, value-oriented investing. During the First Quarter,...

FIS - Digital Wallets: The Winners Are Obvious

2023-05-19 07:43:54 ET Summary We discuss the dominant digital wallets. We highlight P2P platforms and how they'll morph. Specifically, we discuss Zelle and its opportunity. We review the latest bank attempt to stay relevant. We provide our opinion on who the winners a...

FIS - Fidelity National Information: Shedding Value Pre-Spinoff, But Future Valuation Not Yet Clear

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...

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