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Follow this list to discover and track stocks that have set death crosses within the last week. A Death Cross is when a stock's 50 day moving average crosses below the 200 day moving average. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
U.S. stock indexes closed mostly lower Tuesday after a late-afternoon splash of selling erased early gains, ending a weeklong rally.
Synchrony Financial's (SYF) credit card, Synchrony Car Care, widens its acceptance network of merchants to meet customers' car needs.
A number of acquisitions made by Global Payments (GPN) aids inorganic growth. Further, investment in technology makes it a front runner in rapidly evolving payments industry.
Moody's reiterates Fidelity's (FIS) ratings, courtesy of the benefits to be derived from the recently announced acquisition of Worldpay and confidence on the business profile of both the companies.
US Rail Traffic: Downtrend Continued for the Seventh Week(Continued from Prior Part)Rail trafficCanadian National Railway (CNI) reported a 3.6% YoY (year-over-year) decline in its total traffic volume in week 10. The company moved 110,085
Several analysts cut their recommendations on Worldpay, including BMO, Cowen, KeyBanc, KBW, and Mizuho. With a market cap of about $70 billion, FIS-plus-Worldpay will be one of the largest global payments players, trailing only Visa Inc., Mastercard Inc., PayPal Holdings Inc., and American Express Co., MoffettNathanson’s Lisa Ellis writes in a note.
US Rail Traffic: Downtrend Continued for the Seventh Week(Continued from Prior Part)Rail traffic Canadian Pacific Railway (CP) registered a 7.7% YoY (year-over-year) decline in its total rail traffic in week 10. The company carried 48,329
Amazon Is Capitalizing on These Key Advantages(Continued from Prior Part)Prime to reach over half of American households Amazon (AMZN) looks to be on track to reach a market penetration milestone with its Prime membership program this year. According
Fidelity National Information Services is buying Worldpay for about $35 billion to combine forces as financial transactions increasingly move online. Fidelity, or FIS as it is known, is a more traditional payment service provider, supporting more staid practices such as banks transactions. Worldpay is the "crown jewel" of the e-commerce niche, said Instinet analysts Dan Dolev and Conan Leon.
Fidelity National Information Services Inc.’s $35.5 billion deal to acquire Worldpay Inc., the biggest deal ever in the international payments sector, follows by just two months the previous record-holder -- Fiserv Inc.’s agreement in January to pay $22 billion for First Data Corp. Dealmaking is accelerating as payments companies snap up rivals to grab market share, with investors wondering which firms might be next. Global Payments Inc. and Total System Services Inc. were among stocks that gained in early trading Monday, but dropped by midday.
US Rail Traffic: Downtrend Continued for the Seventh Week(Continued from Prior Part)Lower rail traffic The weakness in Union Pacific’s (UNP) rail traffic continued for the sixth straight week. The company recorded an 8.2% YoY (year-over-year)
US Rail Traffic: Downtrend Continued for the Seventh Week(Continued from Prior Part)Rail traffic growth In week 10, Kansas City Southern’s (KSU) rail traffic growth continued for the third straight week after falling for six weeks. The company
Fidelity (FIS) announces to buy 53% ownership in Worldpay via a stock-cash deal, in a bid to boost its revenue growth prospects.
US Rail Traffic: Downtrend Continued for the Seventh WeekWeakness continued for the seventh week US railroad companies’ rail traffic volumes fell 4.7% YoY (year-over-year) in week 10. On March 13, the Association of American Railroads reported that
The biggest-ever deal in the payments industry broke at the crack of dawn when Fidelity National Information Services agreed to buy Worldpay for about $34 billion in cash and stock, sending Worldpay’s shares up 10% pre-market. Exxon Mobil may be volatile Monday after America’s third-largest refinery caught fire in Texas. Hedge funds Knighthead Capital Management LLC, Redwood Capital Management and Abrams Capital Management said in a filing late Friday that they united to press PG&E for a leadership change.
Fidelity National Information Services Inc. is paying a heady $34 billion plus for Worldpay Inc. not much more than a year after the rival payments processing company bulked up with an expensive takeover of its own. FIS has broader reach and wants to deploy Worldpay’s technology and services in markets that the target doesn’t already dominate. FIS’s cash-and-shares offer is worth $112 per Worldpay share based on its March 15 closing price.
Fidelity National Information Services to buy Worldpay for about $35B as financial transactions increasingly move online.
Nexi plans to issue a mix of existing and new shares by the end of April, it said in a statement Monday. A representative for Nexi declined to comment. Nexi investors Advent International, Bain Capital and Clessidra SGR are seeking to raise as much as 2 billion euros by selling a portion of their holdings, the people said.
Fidelity National Information Services is buying Worldpay for about $35 billion. As Fred Katayama reports, it's the biggest deal ever in the fast-consolidating world of electronic payments.