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First Data Corp (FDC.N)

FDC.N on New York Stock Exchange

16.60USD
18 Dec 2018
Change (% chg)

$0.18 (+1.10%)
Prev Close
$16.42
Open
$16.51
Day's High
$16.70
Day's Low
$16.29
Volume
2,543,841
Avg. Vol
2,655,476
52-wk High
$26.62
52-wk Low
$14.74

Latest Key Developments (Source: Significant Developments)

First Data Reports Q3 Adj. EPS of $0.35
Monday, 29 Oct 2018 

Oct 29 (Reuters) - First Data Corp ::FIRST DATA REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS AND REVISES FULL YEAR GUIDANCE.Q3 ADJUSTED EARNINGS PER SHARE $0.35.Q3 EARNINGS PER SHARE $0.42.Q3 REVENUE $2.369 BILLION VERSUS I/B/E/S VIEW $2.21 BILLION.Q3 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.FULL YEAR 2018 ORGANIC CONSTANT CURRENCY SEGMENT REVENUE AND EBITDA GROWTH GUIDANCE UNCHANGED.REVISING FULL YEAR 2018 EPS GUIDANCE PRIMARILY TO REFLECT RECENT ADVERSE FOREIGN CURRENCY MOVEMENTS.SEES 2018 ADJUSTED DILUTED EPS: $1.38 TO $1.40.FIRST DATA'S TOTAL BORROWINGS AT SEPTEMBER 30, 2018 DECREASED BY $1,443 MILLION TO $17,755 MILLION, FROM $19,198 MILLION AT DECEMBER 31, 2017.FY REPORTED CONSTANT CURRENCY SEGMENT REVENUE GROWTH GUIDANCE WAS REVISED TO 6.3% TO 7.3%.2018 FREE CASH FLOW GUIDANCE REMAINS UNCHANGED..FY2018 EARNINGS PER SHARE VIEW $1.45 -- THOMSON REUTERS I/B/E/S.  Full Article

First Data Announces New $6 Billion Credit Facility
Friday, 26 Oct 2018 

Oct 26 (Reuters) - First Data Corp ::FIRST DATA ANNOUNCES NEW $6 BILLION CREDIT FACILITY.FIRST DATA CORP - NEW FACILITY IS COMPRISED OF A NEW REVOLVING CREDIT FACILITY OF $1.25 BILLION AND NEW TERM LOAN A FACILITY OF $4.75 BILLION.FIRST DATA CORP - ENTERED INTO A NEW $6 BILLION CREDIT FACILITY BEARING A RATE OF LIBOR PLUS 150 BASIS POINTS.FIRST DATA- PROCEEDS WERE PARTLY USED TO REFINANCE EXISTING REVOLVING CREDIT FACILITY MATURING JUNE 2020 AND ITS EXISTING TERM LOANS DUE JUNE 2020.FIRST DATA CORP - NEW $6 BILLION CREDIT FACILITY MATURING IN OCTOBER 2023.FIRST DATA CORP - ANTICIPATES ESTIMATED INTEREST COST SAVINGS RESULTING FROM CREDIT FACILITY TO BE APPROXIMATELY $90 MILLION IN 2019.  Full Article

First Data Announces Intent To Enter Into Transactions To Refinance Revolving Facility & Other Indebtedness
Monday, 22 Oct 2018 

Oct 22 (Reuters) - First Data Corp ::FIRST DATA ANNOUNCES INTENT TO ENTER INTO TRANSACTIONS TO REFINANCE ITS REVOLVING FACILITY AND CERTAIN OTHER INDEBTEDNESS.FIRST DATA CORP - SEEKING TO REFINANCE ITS EXISTING REVOLVING CREDIT FACILITY MATURING JUNE 2020.FIRST DATA - ARRANGERS OF REFINANCING HAVE INFORMED THEY RECEIVED COMMITMENTS IN RESPECT OF POTENTIAL NEW REVOLVING CREDIT FACILITY OF OVER $1.25 BILLION.FIRST DATA CORP - ARRANGERS OF REFINANCING HAVE INFORMED THEY RECEIVED COMMITMENTS IN RESPECT OF A POTENTIAL NEW TERM LOAN FACILITY OF OVER $4.75 BILLION.FIRST DATA - IF CONSUMMATED, TRANSACTION IS EXPECTED TO BE COMPLETED ON OR ABOUT OCTOBER 26, 2018 TO REFINANCE EXISTING FACILITIES DUE 2020.  Full Article

First Data Announces Integration With Ellie Mae To Facilitate Lending-Related Payments
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - First Data Corp ::FIRST DATA ANNOUNCES INTEGRATION WITH ELLIE MAE® TO FACILITATE LENDING-RELATED PAYMENTS.FIRST DATA CORP - FIRST DATA TO PROCESS LENDING-RELATED TRANSACTIONS FOR ELLIE MAE CUSTOMERS.  Full Article

Jana Partners LLC Takes Sole Share Stake In Microsoft, Alibaba Group
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Jana Partners LLC::JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN ALIBABA GROUP HOLDING OF 439,479 SPONSORED ADS.JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN MICROSOFT CORP OF 742,569 SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN AUTODESK INC BY 29.4 PERCENT TO 892,833 SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN FIRST DATA CORP BY 35.4 PERCENT TO 3.4 MILLION CLASS A COMMON SHARES - SEC FILING.JANA PARTNERS LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

First Data Announces Secondary Offering Of 64,000,000 Shares Of Class A Common Stock
Monday, 13 Aug 2018 

Aug 13 (Reuters) - First Data Corp ::FIRST DATA ANNOUNCES SECONDARY OFFERING OF 64,000,000 SHARES OF CLASS A COMMON STOCK.FIRST DATA CORP - SELLING STOCKHOLDER HAS GRANTED UNDERWRITERS A 30-DAY OPTION TO PURCHASE UP TO 9.6 MILLION ADDITIONAL SHARES OF CLASS A COMMON STOCK.  Full Article

First Data Q2 Earnings Per Share $0.36
Monday, 30 Jul 2018 

July 30 (Reuters) - First Data Corp ::FIRST DATA REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS AND RAISES FULL YEAR REVENUE GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $0.39.Q2 EARNINGS PER SHARE $0.36.Q2 REVENUE $2.448 BILLION VERSUS I/B/E/S VIEW $2.19 BILLION.Q2 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.RAISING FULL YEAR 2018 GUIDANCE FOR SEGMENT REVENUE GROWTH.SEES 2018 TOTAL SEGMENT REVENUE GROWTH OF 7% TO 8%.2018 SEGMENT EBITDA GROWTH, ADJUSTED EPS, FREE CASH FLOW GUIDANCE UNCHANGED.  Full Article

SIA Buys First Data's Card Processing Businesses In Central, Southeastern Europe
Thursday, 24 May 2018 

May 24 (Reuters) - First Data Corp ::SIA ACQUIRES CARD PROCESSING BUSINESSES IN CENTRAL AND SOUTHEASTERN EUROPE FROM FIRST DATA.DEAL FOR EUR 375 MILLION.SIGNED AN AGREEMENT FOR SIA TO ACQUIRE FIRST DATA'S CARD PROCESSING BUSINESSES IN PARTS OF CENTRAL AND SOUTHEASTERN EUROPE.AGREEMENT INCLUDES TRANSFER OF ABOUT 1,400 FIRST DATA EMPLOYEES INTO SIA.  Full Article

First Data Says For Q1, Co Will Record Cumulative Adjustment To Retained Earnings Of About $15 Mln
Monday, 16 Apr 2018 

April 16 (Reuters) - First Data Corp ::FIRST DATA CORP - FOR Q1, CO WILL RECORD A CUMULATIVE ADJUSTMENT TO RETAINED EARNINGS OF ABOUT $15 MILLION TO APPLY NEW REVENUE STANDARD.FIRST DATA CORP - ADOPTION OF NEW RETIREMENT STANDARD DID NOT IMPACT COMPANY'S NET INCOME, CONSOLIDATED REVENUE, OR SEGMENT REVENUE.  Full Article

Glenview Capital Reports A 5.72 Pct Passive Stake In First Data Corp
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - First Data Corp ::GLENVIEW CAPITAL MANAGEMENT LLC REPORTS A 5.72 PCT PASSIVE STAKE IN FIRST DATA CORP AS OF DEC 15 - SEC FILING.  Full Article

Online surge, long lines mark start of Thanksgiving sales

NEW YORK, Nov 23 U.S. shoppers hit department stores on Thanksgiving evening and spent $1.75 billion online by 5 p.m. ET as a strong economy and rising wages drove a solid start to the holiday selling season.