7:52 a.m. July 1, 2020
Dun & Bradstreet Just Went Public Again
Dun & Bradstreet, the business analytics firm that went private a year ago, is selling 65.75 million shares at $19 to $21 each, according to a June 26 filing.
11:40 a.m. June 2, 2020
Goldman Sachs’ 5 Picks for the Best Return-on-Equity Growth
Companies in the S&P 500 had sharply lower profitability in the first quarter, and that is likely to continue for the rest of the year. Some, though, see hope for improvement in 2021.
1:15 a.m. June 2, 2020
Liquidnet Seeks a Buyer Amid Slower M&A Deals
The mergers and acquisition market has been on pause since March when Covid-19 began ravaging the U.S. economy.
5:23 a.m. May 20, 2020
- By Steve Goldstein
Here are the ‘hot dogs’ that hedge funds have used to outperform this yearHedge funds have relied on technology, internet, media and telecom companies and increasingly more health care companies to drive performance.
4:00 a.m. May 15, 2020
Fiserv’s New CEO Sees a Changed Payments Landscape
Covid-19 will alter the payments landscape, but Frank Bisignano said he isn’t sure how. “No one has a crystal ball to figure out what is going to be the new norm. There will be changes.”
9:41 a.m. April 29, 2020
- By Emily Bary
Mastercard stock rockets higher after ‘game-changing’ e-commerce momentum Card-not-present transactions accounted for 50% of volumes in April, up from 40% a year agoMastercard Inc. provided a more encouraging view of spending trends Wednesday than investors had been fearing, helping to give its shares a lift.
3:22 p.m. April 14, 2020
- By Emily Bary
How can the companies that help us pay for goods survive a coronavirus shutdown? The payments industry in the age of COVID-19: PayPal and Square look for new opportunities, while Visa and Mastercard look to survive a new kind of economic downturnAs the COVID-19 outbreak curtails consumer spending, some younger payment-processing companies are getting creative, while the stalwarts are betting their resilient business models can withstand the latest economic downturn.
Fidelity National Information Services upgraded to buy from neutral at UBS
6:16 a.m. April 14, 2020
Fidelity National Information Services upgraded to buy from hold at SunTrust RH
4:21 a.m. March 30, 2020
Fidelity National Information Services upgraded to overweight from neutral at J.P. Morgan
4:07 a.m. March 27, 2020
12:08 p.m. March 17, 2020
- By Tomi Kilgore
Here are the new ‘best ideas’ stocks at Wedbush during COVID-19 pandemic Amazon, Peloton, Facebook and Regions Financial among those best positioned as coronavirus-related fears growWedbush analysts added four stocks to its “best ideas list,” as those companies are among those believed to be best positioned to weather the storm as the COVID-19 pandemic leads to changes in consumer behavior and raises the risk of a recession.
11:48 a.m. March 6, 2020
- By Alessandra Malito
Retirement and old age can be dire for women — here’s how to fix it How to conquer the challenges women face when it comes to building a strong financial life How to conquer the challenges women face when it comes to building a strong financial life
12:47 p.m. Feb. 24, 2020
TA Associates Invests in AffiniPay in Latest Deal in Payments
The private-equity firm TA Associates has won an auction for the company, people familiar with the matter said. Barron’s reported in December that the business, which produces $30 million a year in Ebitda, was up for sale.
Fidelity National Information Services stock price target raised to $174 from $166 at BofA Securities
6:04 a.m. Feb. 18, 2020
Fidelity National Information Services stock price target raised to $178 from $151 at Canaccord Genuity
6:54 a.m. Feb. 14, 2020
9:00 a.m. Feb. 13, 2020
U.S. Stocks Are Making a Comeback Despite the Latest Bad News About the Coronavirus
The three major U.S. stock-market indexes were near the break-even mark despite news that Chinese officials reported a dramatic increase in the number of confirmed cases of coronavirus.
12:31 p.m. Feb. 7, 2020
Parthenon Capital Hires Bankers as Buyers Inquire About BillingTree
BillingTree, a payments-processing company, isn’t technically for sale.
10:52 a.m. Jan. 30, 2020
Software Provider Envestnet Might Go Private
Three months after Envestnet’s founder was killed in a car crash, the fintech software provider is facing questions about its future.
10:03 a.m. Jan. 25, 2020
- By Beth Kindig
When blockchain arrives in fintech, old-line payment processors will feel the pain Blockchain will dramatically lower transaction costs for retailers, which paid a collective $108 billion last yearBlockchain will dramatically lower transaction costs for retailers, which paid a collective $108 billion last year.
12:34 p.m. Jan. 2, 2020
Banks Might Be Ready to Join the Fintech Buyout Binge
Banks are natural buyers of fintechs but haven’t really taken part in M&A as of yet. That may change in 2020.
2:00 a.m. Dec. 26, 2019
Fewer Companies Merged in 2019. Just Don’t Call It a Bad Year.
More than 10 years after the Financial Crisis, the M&A market is on an upswing—and showing few signs of stopping. Expect another good year in 2020,
12:24 p.m. Dec. 20, 2019
Master Stockpicker Peter Lynch Speaks Out
Peter Lynch on why active investing still matters, how he missed out on tech stocks, and where he sees value.
8:09 a.m. Dec. 16, 2019
Four Payments Stocks That Can Rise in 2020, Wedbush Says
Payments stocks, which have been on an excellent run, can remain hot in 2020, thanks to trends like the continued shift to card payments and merger and acquisition opportunities,
8:50 a.m. Nov. 29, 2019
These Ancient Funds Are Still Beating the Market
There are a handful of closed-end funds that have been around nearly 100 years. They survived the Great Depression, and are performing well.
8:33 a.m. Nov. 19, 2019
Hedge Funds Bail on T-Mobile US and Uber Technologies Stock
The favorite new buys of hedge funds in the third quarter are topped by a pair of financial technology and services firms: Fiserv and Fidelity National Information Services.
3:56 a.m. Nov. 13, 2019
- By Philip van Doorn
Sales winners in the third quarter include Netflix, Autodesk and PayPal Plenty of companies have produced double-digit sales increases and wider profit margins during an otherwise dismal earnings seasonPlenty of companies have produced double-digit sales increases and wider margins during an otherwise dismal earnings season.
4:00 a.m. Nov. 4, 2019
- By Jeremy C. Owens
The earnings recession looks destined to continue as Disney and the rookies take stage Earnings Watch: Peloton and Uber will join health-care companies, videogame publishers and a whole lot of internet stocksWhile the departure of October means the quarter is only one-third complete, the quarterly earnings season has already entered the home stretch, and appears certain to lose yet again.
11:00 a.m. Nov. 3, 2019
Uber, Disney, Square and Other Stocks to Watch This Week
It’s another busy week of third-quarter earnings reports. Plus, services economy data and a consumer sentiment survey are the week’s economic data highlights.
5:00 p.m. Nov. 1, 2019
Holiday Shopping Season Starts Early
Walmart began its holiday promotions on Oct. 25, hoping to compensate for a shorter period between Thanksgiving and Christmas
10:15 a.m. Oct. 31, 2019
- By Emily Bary
Global Payments is feeling more upbeat about synergies gained from TSYS deal Global Payments beats earnings and revenue expectationsGlobal Payments Inc. shares are rising in Thursday trading after the company topped earnings expectations and gave a more view of the synergies that could result from its Total System Services (TSYS) deal.
8:59 a.m. Oct. 28, 2019
It’s Time to Stop Playing Defense in Stocks
Fidelity strategist Denise Chisholm sees tech, consumer discretionary, industrials, and financials outpacing utilities, consumer staples, and health care over the next year
Fidelity National Information Services started at neutral with $139 stock price target at UBS
6:16 a.m. Oct. 15, 2019
7:11 a.m. Sept. 28, 2019
- By Jeremy C. Owens
Peloton IPO: 5 things to know about the interactive exercise-machine company Executives say its REALLY a tech company, a media company, a software company, a retail company ... Peloton Interactive Inc. sells exercise machines and fitness classes, no matter what its IPO filing may want you to believe.
9:35 a.m. Sept. 26, 2019
Square Stock Got a Boost From an Upgrade, but It Still Faces a Tough Path
The stock, once seen as a red-hot growth play, hit a speed bump earlier this year. Wells Fargo thinks investors have been too concerned.
2:21 p.m. Sept. 14, 2019
Value Finally Replaces Growth. But Will This Hate Rotation Last?
Analysts offer some different views on the matter: absolutely, probably, and not really. Plus: When giving away free stuff gets expensive.
3:12 a.m. Sept. 10, 2019
- By Tomi Kilgore
Fidelity National to terminate deal to buy Stewart Information Services, citing FTC concernsFidelity National Financial Inc. said Tuesday it has terminated the deal to buy Stewart Information Services Corp. , after the Federal Trade Commission moved the block the merger. Fidelity National said it will pay Stewart a break-up fee of $50 million. Shares of both Fidelity National and Stewart were still inactive in premarket trading. On Friday, Stewart's stock had tumbled 7.0% after the seeking to block the merger with title insurer Fidelity National, saying it believed the merger would substantially reduce competition. The merger was , and was valued at the time at $1.2 billion. Stewart's stock has dropped 18.9% over the past three months and Fidelity National shares have rallied 13.1%, while the S&P 500 has gained 3.2%.
Fidelity National terminates deal to buy Stewart Information after FTC moved to block the deal
3:01 a.m. Sept. 10, 2019
10:52 a.m. Sept. 6, 2019
- By Tomi Kilgore
Stewart Information Services' stock dives after FTC looks to block buyout by Fidelity NationalShares of Stewart Information Services Corp. took an afternoon dive Friday toward a 3 1/2-year low, after the Federal Trade Commission issued "an administrative complaint" seeking to block the company's acquisition by title insurance provider Fidelity National Financial Inc. . Stewart's stock was down about 4.9% in afternoon trading, but losses accelerated to 8.1% at current levels. The stock was on track to close at the lowest price since March 2016. Fidelity National's stock was up about 1% in afternoon trading, but has swung to a loss of 0.4%. The FTC said it believes the merger would "substantially reduce competition" in state markets for title insurance underwriting for large commercial deals, and in several local markets for title information services. In March 2018, Stewart said it agreed to be acquired by Fidelity National . Based on stock closing prices at the time, the deal had valued Stewart's stock at a little over $50 each; at current prices, the same deal terms would value Stewart shares at nearly $54 each. Over the past year, Fidelity National shares have gained 11% and Stewart's stock has dropped 26%, while the S&P 500 has tacked on 3.6%.
Fidelity National Information Services upgraded to overweight from sector weight at KeyBanc Capital
5:54 a.m. Sept. 5, 2019
Fidelity National Information Services stock price target raised to $153 from $148 at J.P. Morgan
4:58 a.m. Aug. 15, 2019