First Data Reports Fourth Quarter 2015 Financial Results
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Credit Suisse Upgrades First Data Corporation (FDC) to Outperform; Shares Hit 'Rock Bottom'
February 11, 2016 7:44 AM UTCCredit Suisse upgraded First Data Corporation (NYSE: FDC) from Neutral to Outperform with a price target of $12.00 (from $20.00), saying shares hit 'rock bottom' and they view it as a longterm buying opportunity and near-term defensive play.
Analyst Paul Condra commented, "We are... More
BTIG Upgrades First Data Corporation (FDC) to Buy
February 10, 2016 11:03 AM UTCBTIG upgraded First Data Corporation (NYSE: FDC) from Neutral to Buy with a price target of $13.00. Analyst Mark Palmer sees compelling valuation.
"While the factors that had kept us on the sidelines since we initiated coverage are still in play modest revenue... More
First Data (FDC) Halted for Second Time on Circuit Breaker
February 10, 2016 9:55 AM UTCFirst Data (NYSE: FDC) Halted for Second Time on Circuit Breaker
... MoreFirst Data (FDC) Tops Q4 EPS by 7c
February 10, 2016 7:14 AM UTCFirst Data (NYSE: FDC) reported Q4 EPS of $0.32, $0.07 better than the analyst estimate of $0.25. Revenue for the quarter came in at $3 billion versus the consensus estimate of $1.85 billion.
As a result of capital market transactions announced since September 30, 2015, the Company reduced its average borrowing costs from approximately 7.3% at September 30th, 2015 to approximately 5.5% at current... More
