|Bid||55.74 x 800|
|Ask||55.77 x 1100|
|Day's range||55.28 - 56.47|
|52-week range||48.57 - 85.18|
|Beta (5Y monthly)||0.84|
|PE ratio (TTM)||N/A|
|Earnings date||01 Nov 2023 - 06 Nov 2023|
|Forward dividend & yield||2.03 (3.66%)|
|Ex-dividend date||07 Sept 2023|
|1y target est||73.43|
Fidelity National Information Services (FIS) closed at $56.12 in the latest trading session, marking a -1.63% move from the prior day.
The market for debt that funds corporate buyouts is opening up after a months-long freeze, with investors again vying for billions of dollars in risky bonds or loans offered for sale this week. The strength of demand will embolden private equity executives whose business has been largely on ice since the Federal Reserve began raising interest rates in 2022. Rising interest rates left the banks that finance leveraged buyouts (LBO) stuck with loans that they could not sell.
(Bloomberg) -- Banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. sold $8.64 billion of debt to fund the partial leveraged buyout of Worldpay Inc., boosting the size of the offering in a sign of growing investor demand for LBO debt. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanIndia Suspends Visas, Canada Pu