ST. PETERSBURG, Fla. - (02/02/060 Stockholders of Certegy Inc.were paid a special $250 million reward when they voted last weekto approve the cards processors merger with FidelityNationals outsourcing group. The company said it raised the$250 million in the capital markets this week and will use themoney to pay shareholders a special cash dividend of $3.75 a shareas part of the merger agreement. The merger will combine Certegywith Fidelity Nationals Fidelity National InformationService, which is comprised of the old Aurum Technologies, SanchezComputer Associates, ALLTEL Information Services and VISTAInformation Solutions and InterCept Inc. The new company is beingspun off from Fidelity Nationals core title insurancebusiness and will trade separately on the New York Stock Exchangeunder the symbol FIS
-
As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
1h ago -
A panel of DC Circuit Court judges ruled late Monday that the president had not met the stringent statutory requirements to block a lower court injunction, which allowed Federal Reserve Gov. Lisa Cook to remain at her post as her lawsuit challenging her dismissal is litigated.
8h ago -
The Senate voted 48 to 47 to confirm Stephen Miran to the Federal Reserve Board, just ahead of the central bank's rate setting committee meeting.
10h ago -
The pending $369 million deal would bolster National Bank Holdings' footprint in Texas, where it currently operates as Hillcrest Bank.
September 15 - Yahoo Finance Feed
The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
September 15 -
An alleged scandal involving the LA Clippers is just the latest reputation hit to the beleaguered fintech.
September 15