Key Developments For Jack Henry & Associates Inc
Jack Henry & Associates Inc (JKHY.O) (Nasdaq)
First National Bank of Florida Selects Jack Henry & Associates To Provide Enterprise-Wide Automation
Jack Henry & Associates announced that First National Bank of Florida has selected Jack Henry Banking's SilverLake core processing system to provide enterprise-wide automation. This bank, which has more than $392 million in assets, will implement SilverLake through Jack Henry Banking's outsourced offering. In addition to SilverLake, First National Bank of Florida will initially implement an array of Jack Henry Banking's complementary solutions including the Vertex Teller Automation System, the NetTeller Online Banking platform, the InTouch Voice Response full-service telephone banking solution, Relationship Profitability Management (RPM) enterprise-wide profitability solution, components of the Synergy Enterprise Content Management (ECM) solution, and the Yellow Hammer fraud detection and prevention solution.
Jack Henry & Associates Announces Regular Quarterly Dividend
Jack Henry & Associates announced that its Board of Directors has declared a regular quarterly cash dividend of $0.085 per share. The cash dividend on its common stock, par value $0.01 per share, is payable on December 10, 2009, to stockholders of record as of November 27, 2009.
Jack Henry & Associates Comments On FY 2010 EBIT Outlook-Conference Call
Jack Henry & Associates announced that for fiscal 2010, it expects that operating income could exceed the mid single digits.
Jack Henry & Associates To Acquire Pemco Technologies
Jack Henry & Associates announced the acquisition of Washington-based Pemco Technologies, a wholly owned subsidiary of PEMCO Corporation and providers of payment processing solutions primarily for the credit union industry. Terms of the transaction were not disclosed. Pemco Technologies' products and services include credit signature processing; debit signature processing; PIN-based processing; ATM services; cardholder awards programs; fraud management, detection, and prevention solutions; personalized cards; and prepaid card programs.
Jack Henry & Associates And Goldleaf Financial Solutions, Inc. Completes Acquisition Transaction
Jack Henry & Associates announced that it has closed the transaction initiated to acquire Goldleaf Financial Solutions Inc. As a result of the acquisition, Goldleaf Financial Solutions became a wholly owned subsidiary of Jack Henry & Associates and each outstanding share of Goldleaf Financial Solutions common stock automatically converted into the right to receive $0.98 in cash. Goldleaf will be assimilated into ProfitStars, Jack Henry & Associates' third primary brand which was established to encompass the companies acquired to support its focused diversification strategy and to broaden its reach well beyond the traditional markets. This transaction received unanimous approval by the Goldleaf Board of Directors and majority approval by the company's shareholders.
