Edition:
United States

Broadridge Financial Solutions Inc (BR.N)

BR.N on New York Stock Exchange

65.61USD
8 Dec 2016
Change (% chg)

$0.13 (+0.20%)
Prev Close
$65.48
Open
$65.52
Day's High
$65.90
Day's Low
$65.28
Volume
165,709
Avg. Vol
193,314
52-wk High
$71.74
52-wk Low
$48.60

Latest Key Developments (Source: Significant Developments)

Broadridge acquires technology to accelerate proxy blockchain roadmap
Monday, 19 Sep 2016 04:01pm EDT 

Broadridge Financial Solutions Inc : Broadridge acquires technology to accelerate proxy blockchain roadmap . Says transaction is not expected to have a material impact on broadridge's financial results . Will pay $95 million upfront to acquire existing technology assets .Will also pay deferred payment of $40 million on delivery of blockchain applications.  Full Article

Broadridge Q4 adjusted earnings per share $1.45
Tuesday, 9 Aug 2016 07:00am EDT 

Broadridge Financial Solutions Inc : Broadridge reports fourth quarter and fiscal year 2016 results . Q4 adjusted earnings per share $1.45 . Q4 earnings per share $1.40 . Q4 earnings per share view $1.45 -- Thomson Reuters I/B/E/S . Q4 revenue rose 5 percent to $975 million . Sees full-year 2017 total revenue growth in range of 43 percent to 45 percent . Sees full-year 2017 diluted earnings per share growth in range of 9 percent to 14 percent . Sees full-year 2017 free cash flows in range of $350 million to $400 million . Sees full-year 2017 adjusted operating income margin of about 15 percent . Full-year 2017 earnings per share view $3.17, revenue view $3.81 billion -- Thomson Reuters I/B/E/S . Sees full-year 2017 recurring fee revenue growth in range of 29 percent to 31 percent . Sees full-year 2017 adjusted diluted earnings per share growth in range of 12 percent to 17 percent . .  Full Article

Broadridge and SEI start new strategic partnership
Tuesday, 26 Jul 2016 05:00pm EDT 

Broadridge Financial Solutions Inc :SEI clients gain access to Broadridge global securities class actions services via new strategic partnership.  Full Article

Broadridge Financial Solutions files for debt shelf with U.S. SEC
Tuesday, 21 Jun 2016 10:53am EDT 

Broadridge Financial Solutions Inc : Says files for debt shelf with U.S. SEC; size not disclosed - SEC filing Source - http://1.usa.gov/28LCllv Further company coverage: [BR.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Broadridge to acquire DST's North American customer communications business
Tuesday, 14 Jun 2016 06:20am EDT 

Broadridge Financial Solutions Inc : Says expects to achieve approximately $20 million in annualized cost synergies within 18-30 months of closing . Expects acquisition to be $0.09 to $0.13 per share accretive on a gaap basis in second year. . Gaap adjusted basis in second year from deal . Expects acquisition to be $0.11 to $0.14 per share accretive on a non-gaap adjusted basis in first year . Senior management, led by mike abbaei, head of dst's customer communications business, will be joining broadridge .Broadridge agrees to acquire dst's north american customer communications business.  Full Article

DST agrees to sell North American customer communications business for $410 mln
Tuesday, 14 Jun 2016 06:01am EDT 

Dst Systems Inc : Deal for $410.0 million . Dst estimates that pending sale of nacc business will result in after-tax proceeds of approximately $310.0 millio . To sell its north american customer communications business to broadridge financial solutions, inc . Once completed, north american transaction expected to result in reduction to dst's eps of about $1.15 on annual basis . Board of directors of dst authorized a new $300.0 million share repurchase plan. . Dst systems inc Full Article

Broadridge Financial Solutions buys 4sight Financial Software Ltd
Tuesday, 14 Jun 2016 05:00am EDT 

Broadridge Financial Solutions Inc: Broadridge broadens its securities financing and collateral management solutions through acquisition of 4sight Financial Software Limited . Terms of deal were not disclosed. .4sight will be integrated as part of Broadridge Securities Financing and Collateral Management Solutions.  Full Article

Broadridge Financial Solutions Inc reaffirms FY 2016 EPS guidance
Thursday, 5 May 2016 07:00am EDT 

Broadridge Financial Solutions Inc:Expects FY 2016 adjusted diluted earnings per share growth in the range of 8% to 12%.  Full Article

Broadridge Financial Solutions Inc gives FY 2016 EPS guidance
Thursday, 4 Feb 2016 06:00am EST 

Broadridge Financial Solutions Inc:Expects FY 2016 adjusted diluted earnings per share growth in the range of 8% to 12%.  Full Article

Broadridge Financial Solutions declares dividend
Thursday, 12 Nov 2015 12:15pm EST 

Broadridge Financial Solutions:Declared a quarterly cash dividend of $0.30 per share.Payable on January 4, 2016 to stockholders of record date as on December 14.  Full Article