Key Developments: Fidelity National Information Services Inc (FIS)

FIS on New York Consolidated

55.59USD
11 Jul 2014
Price Change (% chg)

$0.49 (+0.89%)
Prev Close
$55.10
Open
$55.17
Day's High
$55.63
Day's Low
$54.89
Volume
1,091,244
Avg. Vol
1,166,183
52-wk High
$56.68
52-wk Low
$42.78

Search Stocks

Latest Key Developments (Source: Significant Developments)

Fidelity National Information Services Inc completes public offering of $1 bln of senior notes
Tuesday, 3 Jun 2014 10:04am EDT 

Fidelity National Information Services Inc:Completion of public offering of $300 mln in aggregate principal amount of 1.450 pct Senior Notes due 2017 and $700 mln in aggregate principal amount of 3.875 pct Senior Notes due 2024.Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book-running managers for offering.  Full Article

Fidelity National Information Services Inc announces pricing of senior notes offering
Tuesday, 27 May 2014 07:47pm EDT 

Fidelity National Information Services Inc:Prices sale of $300 mln in aggregate principal amount of 1.450 pct senior notes due 2017 and $700 mln in aggregate principal amount of 3.875 pct senior notes due 2024.Intends to use the net proceeds to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 mln of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes.Any remaining proceeds will be used, together with additional borrowings under FIS' revolving credit facility, to fund the purchase, through a call for redemption intended to be effective on or about July 15, of the entire $500 mln aggregate principal amount of its 7.875 pct senior notes due 2020.Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated are joint book-running managers for the offering.  Full Article

Fidelity National Information Services Inc proposes offering of senior notes
Tuesday, 27 May 2014 09:55am EDT 

Fidelity National Information Services Inc:Intends to make offering, subject to market and other considerations, of senior notes in one or more tranches with intermediate maturities (Notes).Notes will be guaranteed by certain of FIS' subsidiaries.FIS intends to use net proceeds from this offering to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 mln of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes.Any remaining proceeds will be used, together with additional borrowings under FIS' revolving credit facility, to fund the purchase, through call for redemption intended to be effective on or about July 15, 2014, of entire $500 mln aggregate principal amount of its 7.875 pct senior notes due 2020.Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated are joint book-running managers for the offering.  Full Article

Fidelity National Information Services Inc's subsidiary announces acquisition of Reliance Financial Corporation
Monday, 5 May 2014 08:50am EDT 

Fidelity National Information Services Inc:Says its subsidiary, FIS Wealth Management Services, Inc., has signed a definitive agreement to acquire Reliance Financial Corp including its subsidiaries Reliance Trust Company, Reliance Trust Company of Delaware and Reliance Integrated Solutions LLC.Upon closing, FIS will pay about $110 ml in cash to acquire 100 pct ownership interest in Reliance, including its subsidiaries Reliance Trust Company, Reliance Trust Company of Delaware and Reliance Integrated Solutions LLC.FIS expects the transaction to close during the third quarter.  Full Article

Fidelity National Information Services Inc reiterates FY 2014 outlook
Thursday, 1 May 2014 07:00am EDT 

Fidelity National Information Services Inc:Reiterates FY 2014 outlook as follows.Expects FY 2014 organic revenue growth of 4.5 pct. to 6.5 pct.Expects FY 2014 EBITDA, as adjusted, growth of 4.5 pct. to 6.5 pct.Expects FY 2014 EPS from continuing operations of $3.05 to $3.16.Reported revenue of $6.070 bln and EBITDA of $1.835 bln in FY 2013.FY 2014 revenue of $6.391 bln, EBITDA of $1.935 bln and EPS of $3.10 - Thomson Reuters I/B/E/S.  Full Article

Fidelity National Information Services Inc announces quarterly dividend
Wednesday, 30 Apr 2014 07:00pm EDT 

Fidelity National Information Services Inc:Announces quarterly dividend of $0.24 per common share.The dividend is payable June 30.Payable to shareholders of record as of close of business June 16.  Full Article

Fidelity National Information Services Inc announces acquisition of CMSI
Monday, 14 Apr 2014 08:15am EDT 

Fidelity National Information Services Inc:Announces acquisition of CMSI, a provider of consumer loan origination software and services.Terms of the transaction were not disclosed.  Full Article

Fidelity National Information Services Inc gives FY 2014 guidance in line with analysts' estimates
Tuesday, 4 Feb 2014 07:05am EST 

Fidelity National Information Services Inc:Sees fiscal 2014 revenue growth of 4.5 pct. to 6.5 pct.Sees fiscal 2014 adjusted EPS from continuing operations of $3.05 to $3.16.Reported revenue of $6.1 billion in fiscal 2013.Fiscal 2014 revenue of $6.4 billion - Thomson Reuters I/B/E/S.Fiscal 2014 EPS of $3.15 - Thomson Reuters I/B/E/S.  Full Article

Fidelity National Information Services Inc increases share repurchase authorization to $2 bln
Tuesday, 4 Feb 2014 07:00am EST 

Fidelity National Information Services Inc:Says its board of directors has authorized a new share repurchase program of up to $2.0 bln effective through Dec. 31, 2017.Says the new share repurchase program replaces the previous $1.0 bln program under which about $174 mln remained outstanding.  Full Article

Guaranty Bank selects Fidelity National Information Services Inc to deploy integrated core banking solution suite, including advanced digital banking and payments capabilities
Thursday, 30 Jan 2014 08:30am EST 

Fidelity National Information Services Inc:Says Guaranty Bank selected FIS to deploy an integrated suite of solutions, including core banking, and the full digital suite of FIS online, mobile and tablet solutions.Says it will deploy a new core platform for the bank and streamline many of Guaranty Bank's processes by integrating the bank's third-party systems, resulting in improved operational efficiency and cost effectiveness.Says it also will provide Guaranty Bank and its customers an advanced array of personal banking capabilities - online account opening, bill pay, text alerts and more - through integrated digital solution suite, which encompasses online, tablet and mobile.  Full Article

Search Stocks