Key Developments: Global Payments Inc (GPN)
48.10USD
19 Jun 2013
$-0.80 (-1.64%)
$48.90
$48.68
$48.75
$48.04
261,803
847,103
$51.24
$39.37
Latest Key Developments (Source: Significant Developments)
Global Payments Inc Updates On FY 2013 Revenue Guidance-Conference Call
Global Payments Inc announced that for fiscal 2013, it expects net revenue around the world of roughly $2.4 billion. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $2.39 billion for fiscal 2013. Full Article
Global Payments Inc Announces Third Quarter Dividend
Global Payments Inc announced that its board of directors approved fiscal 2013 third quarter dividend of $0.02 per common share payable May 31, 2013 to shareholders of record as of May 17, 2013. Full Article
Global Payments Inc Reaffirms FY 2013 Guidance
Global Payments Inc announced that for fiscal 2013, it continues to expect revenue of $2.360 billion to $2.400 billion and expected diluted earnings per share on a cash basis continue to be in a range of $3.64 to $3.71. Annual fiscal 2013 GAAP diluted earnings per share have been revised to include the estimated impact of net intrusion remediation costs of $0.17 per share and are now expected to be in a range of $2.87 to $2.94. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.70 on revenue of $2.39 billion for fiscal 2013. Full Article
Global Payments Inc Announces Second Quarter Dividend
Global Payments Inc announced that the Board of Directors approved fiscal 2013 second quarter dividend of $0.02 per common share payable February 28, 2013 to shareholders of record as of February 15, 2013. Full Article
Global Payments Inc Announces $125 Million Accelerated Share Repurchase
Global Payments Inc announced that it has entered into an accelerated share repurchase (ASR) agreement with Bank of America, N.A. to repurchase an aggregate of $125 million of the Company's common stock. The ASR is part of the Board authorized program to repurchase up to $300 million of the Company's common stock. Under the agreement, the Company will receive and retire approximately two million shares at the inception of the ASR. The company anticipates that all repurchases under the ASR will be completed no later than May 31, 2013. Full Article
Global Payments Inc Raises FY 2013 EPS Guidance; Reaffirms FY 2013 Revenue Guidance
Global Payments Inc announced that it has increased its full-year expectations for fiscal 2013 diluted earnings per share on a cash basis by three cents to a range of $3.64 to $3.71, or growth of 3% to 5% over fiscal 2012. On a constant currency basis, the company expects diluted earnings per share (EPS) on a cash basis to grow 5% to 7%. Fiscal 2013 GAAP diluted earnings per share, excluding the impact of all intrusion remediation costs, are now expected to be in a range of $3.04 to $3.11. There were no changes to the company's fiscal 2013 revenue. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.69 on revenue of $2.39 billion for fiscal 2013. Full Article
Global Payments Inc Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance
Global Payments Inc announced that for fiscal 2013, the company continues to expect annual revenue of $2.360 billion to $2.400 billion, diluted earnings per share (EPS) on a cash basis are increased to a range of $3.61 to $3.68 and GAAP diluted earnings per share, excluding the impact of all intrusion remediation costs to be in a range of $3.01 to $3.08. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $2.38 billion and EPS of $3.64 for fiscal 2013. Full Article
Global Payments Inc Announces First Quarter Dividend
Global Payments Inc announced that board of directors approved fiscal 2013 first quarter dividend of $0.02 per common share payable November 30, 2012 to shareholders of record as of November 16, 2012. Full Article
Global Payments Inc Closes $850 Million Financing Agreements To Support Strategic Initiatives
Global Payments Inc announced the closing of a new five year senior unsecured term loan facility of $700 million and a $150 million increase to its existing $600 million senior unsecured revolving credit facility arranged by Bank of America Merrill Lynch, PNC Capital Markets and Regions Capital Markets. The term loan facility expires in September 2017, while the revolver maturity is unchanged at December 2015. Both agreements carry a short-term variable interest rate plus a leverage-based margin. The company intends to use the funds to support strategic growth initiatives, including acquisitions, ongoing share repurchases and repaying a portion of the company's existing debt. Full Article
Global Payments Inc Reaffirms FY 2013 Guidance
Global Payments, Inc. announced that for fiscal 2013, it expects annual revenue of $2.360-$2.400 billion, diluted earnings per share (EPS) on a cash basis of $3.59-$3.66, and GAAP diluted earnings per share to be $2.99-$3.06. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $2.38 billion and EPS of $3.64 for fiscal 2013. Full Article
BRIEF-Global Payments up in extended trading
NEW YORK, Jan 8 - Global Payments Inc : * Shares up 2.2 percent in extended trading after results
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