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United States

Fidelity National Information Services Inc (FIS.N)

FIS.N on New York Stock Exchange

110.41USD
22 Mar 2019
Change (% chg)

$0.25 (+0.23%)
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Latest Key Developments (Source: Significant Developments)

Worldpay Says Either Co Or FIS Can Get $1 Bln Fee On Termination Of Deal Under Certain Circumstances
Monday, 18 Mar 2019 06:11pm EDT 

March 18 (Reuters) - Worldpay Inc::WORLDPAY - EITHER CO OR FIS CAN GET $1 BILLION FEE ON TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES.WORLDPAY - CONCURRENTLY WITH ENTERING INTO DEAL , FIS ENTERED INTO A COMMITMENT LETTER WITH BARCLAYS, GS BANK AND GOLDMAN SACHS LENDING PARTNERS.WORLDPAY - LENDERS TO PROVIDE FIS BRIDGE FACILITY OF UP TO $9.5 BILLION, INCLUDING A $2.0 BILLION BACKSTOP FACILITY.  Full Article

FIS To Buy Worldpay For Enterprise Value Of About $43 Bln
Monday, 18 Mar 2019 03:06am EDT 

March 18 (Reuters) - Worldpay Inc ::WORLDPAY AND FIS ENTER INTO MERGER AGREEMENT.WORLDPAY SHAREHOLDERS WILL BE ENTITLED TO RECEIVE 0.9287 FIS SHARES AND $11.00 IN CASH FOR EACH SHARE OF WORLDPAY..ANTICIPATES $500 MILLION OF REVENUE SYNERGIES FROM DEAL.ACCELERATES FIS' ORGANIC REVENUE GROWTH OUTLOOK TO 6 PERCENT TO 9 PERCENT THROUGH 2021.SEES $400 MILLION OF RUN-RATE EXPENSE SYNERGIES FROM DEAL.GARY NORCROSS TO REMAIN CHAIRMAN OF BOARD OF DIRECTORS, PRESIDENT AND CEO.SEES NEARLY $4.5 BILLION OF FREE CASH FLOW IN THREE YEARS; DRIVING SIGNIFICANT VALUE FOR OUR SHAREHOLDERS FROM DEAL.CHARLES DRUCKER TO BECOME EXECUTIVE VICE CHAIRMAN OF BOARD OF DIRECTORS.COMBINATION OF STOCK AND CASH VALUES CO AT ENTERPRISE VALUE OF ABOUT $43 BILLION, INCLUDING ASSUMPTION OF DEBT, WHICH FIS EXPECTS TO REFINANCE.COMBINED COMPANY WILL RETAIN NAME FIS AND WILL BE HEADQUARTERED IN JACKSONVILLE, FLA AFTER DEAL.UPON CLOSING, FIS SHAREHOLDERS WILL OWN ABOUT 53 PERCENT AND WORLDPAY SHAREHOLDERS WILL OWN APPROXIMATELY 47 PERCENT OF COMBINED COMPANY.COMBINED COMPANY WILL HAVE APPROXIMATELY $12.3 BILLION PRO FORMA 2018 ANNUAL REVENUE AFTER DEAL.  Full Article

FIS And Worldpay Announce Definitive Merger Agreement
Monday, 18 Mar 2019 03:00am EDT 

March 18 (Reuters) - Fidelity National Information Services Inc ::FIS AND WORLDPAY TO COMBINE TO ACCELERATE THE FUTURE OF FINANCE AND COMMERCE GLOBALLY.COMBINED COMPANY WILL HAVE APPROXIMATELY $12.3 BILLION PRO FORMA 2018 ANNUAL REVENUE.FIDELITY NATIONAL INFORMATION SERVICES - AT CLOSING, WORLDPAY SHAREHOLDERS TO RECEIVE 0.9287 FIS SHARES AND $11.00 IN CASH FOR EACH SHARE OF WORLDPAY.FIDELITY NATIONAL INFORMATION SERVICES -UPON CLOSING, FIS SHAREHOLDERS WILL OWN ABOUT 53 PERCENT & WORLDPAY SHAREHOLDERS WILL OWN ABOUT 47 PERCENT OF COMBINED CO.FIDELITY NATIONAL INFORMATION SERVICES - DEAL ANTICIPATES $500 MILLION OF REVENUE SYNERGIES, $400 MILLION OF RUN-RATE EXPENSE SYNERGIES & NEARLY $4.5 BILLION OF FREE CASH FLOW IN 3 YEARS.  Full Article

FIS Increases Quarterly Dividend 9 Pct To $0.35 Per Share
Thursday, 31 Jan 2019 04:30pm EST 

Jan 31 (Reuters) - Fidelity National Information Services Inc ::FIS INCREASES QUARTERLY DIVIDEND 9% TO $0.35 PER SHARE.  Full Article

FIS Increases Unsecured Revolving Credit Facility To $4 Bln from $3 Bln Facility And Extends Maturity
Monday, 24 Sep 2018 08:00am EDT 

Sept 24 (Reuters) - Fidelity National Information Services Inc ::FIS INCREASES AND EXTENDS ITS UNSECURED REVOLVING CREDIT FACILITY AND ESTABLISHES A NEW U.S. COMMERCIAL PAPER PROGRAM.FIDELITY NATIONAL INFORMATION SERVICES - CREDIT FACILITY INCREASED FROM $3 BILLION TO $4 BILLION & EXTENDED MATURITY TO 2023.FIDELITY NATIONAL INFORMATION SERVICES INC - ESTABLISHED A NEW U.S. COMMERCIAL PAPER PROGRAM OF $4 BILLION.  Full Article

FIS Q2 Adjusted Earnings Per Share $1.23
Tuesday, 31 Jul 2018 07:00am EDT 

July 31 (Reuters) - Fidelity National Information Services Inc ::FIS REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.23.Q2 EARNINGS PER SHARE $0.64.Q2 REVENUE $2.106 BILLION VERSUS I/B/E/S VIEW $2.12 BILLION.Q2 EARNINGS PER SHARE VIEW $1.21 -- THOMSON REUTERS I/B/E/S.FULL-YEAR 2018 GUIDANCE RAISED.SEES 2018 GAAP CONSOLIDATED GAAP REVENUE DECREASE OF 1.5 TO 2.5 PERCENT.SEES 2018 GAAP DILUTED EPS OF $3.08 TO $3.39.SEES 2018 IFS GAAP REVENUE INCREASE OF 2.5 TO 3.5 PERCENT.SEES 2018 GFS GAAP REVENUE DECREASE OF 5.0 TO 6.0 PERCENT.SEES 2018 NON-GAAP CONSOLIDATED ORGANIC REVENUE INCREASE OF 2.5 TO 3.5 PERCENT.SEES 2018 NON-GAAP ADJUSTED EPS OF $5.18 TO $5.34.FY2018 EARNINGS PER SHARE VIEW $5.23, REVENUE VIEW $8.54 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

FIS Announces Pricing Of Senior Notes Offering
Monday, 14 May 2018 06:06pm EDT 

May 14 (Reuters) - Fidelity National Information Services Inc ::FIS ANNOUNCES PRICING OF SENIOR NOTES OFFERING.FIDELITY NATIONAL INFORMATION SERVICES INC - PRICING OF SALE OF $400 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 4.25% SENIOR NOTES DUE 2028.FIDELITY NATIONAL INFORMATION SERVICES INC - ALSO PRICING OF $600 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 4.75% SENIOR NOTES DUE 2048.FIDELITY NATIONAL INFORMATION SERVICES - INTENDS TO ISSUE NOTICE OF REDEMPTION FOR $750 MILLION OF 2.850% SENIOR NOTES DUE OCT 2018.  Full Article

FIS Announces Proposed Offering Of Senior Notes
Monday, 14 May 2018 09:30am EDT 

May 14 (Reuters) - Fidelity National Information Services Inc ::FIS ANNOUNCES PROPOSED OFFERING OF SENIOR NOTES.FIDELITY NATIONAL INFORMATION - INTENDS TO MAKE OFFERING OF SENIOR NOTES IN ONE OR MORE TRANCHES IN TOTAL PRINCIPAL AMOUNT OF $1 BILLION.FIDELITY NATIONAL INFORMATION SERVICES - TO USE OFFERING PROCEEDS TO REPAY PORTION OF ABOUT $1.275 BILLION OUTSTANDING UNDER REVOLVING CREDIT FACILITY.FIDELITY NATIONAL INFORMATION SERVICES - TO ISSUE REDEMPTION NOTICE FOR ALL $750.0 MILLION OF 2.850% SENIOR NOTES DUE OCT ON SETTLEMENT DATE OF OFFERING.  Full Article

FIS Increases Quarterly Dividend 10 Pct To $0.32 Per Share
Thursday, 1 Feb 2018 05:32pm EST 

Feb 1 (Reuters) - Fidelity National Information Services Inc ::FIS INCREASES QUARTERLY DIVIDEND 10% TO $0.32 PER SHARE.  Full Article

FIS to sell Kingstar business to Zhongping Capital
Thursday, 16 Nov 2017 08:00am EST 

Nov 16 (Reuters) - Fidelity National Information Services Inc :FIS to sell Kingstar business to Zhongping Capital.Terms of agreement were not released​.FIS enters definitive agreement to sell its China-focused Kingstar software business to Zhongping Capital​.  Full Article