Fireserv Inc (FISV)

[stocktrademan]

FDC buy 24.49



https://www.firstdata.com/



normal chart







log chart

[QuidRunner]

Normal volume is 24m. Almost 190m traded today and it only gained a few dollars. It didn’t even stay at undervalued sellout price of $22.74, which still has me scratching my head.

[T695]

You see this thing still has never touched 19 since then lol
It’s definitely in a battle though

[stockguard]

Understand. I`ve already flipped it. I believe the stock run up to fast and is due a correction at least to fill the gap. No position yet!!! GLTY

[T695]

I mean $19

[T695]

I’m thinking I’m dead wrong about time to go short now.
Looks like $17 is probably the new bottom. I may go long if it goes a couple of ticks closer to $17

[stockguard]

Agree, has a massive gap to fill.

[T695]

I think it’s time to go short now

[stockguard]

I believe so too.... (-;

[T695]

Easy money

[T695]

$$$

[T695]

Short squeeze coming.....

[T695]

Easy money

[T695]

Earnings Monday

[T695]

Buy buy buy

[T695]

Who playing this for earnings

[asp42001]

First AI (artificial intelligence) Data Is KEY!

FDC has a foot-in-the-door with AI Data. AI chip(s) server-to-server communication trumps the competition.

The payment data industry is on "hold" till April 2019, when the CFPB (consumer financial protection bureau) is scheduled to release rules and regulations governing the payment industry. This gives merchants time to gear-up and become PCIC (payment card industry compliant.)

FDC's CEO will attend the Barclay Form 10:50 E.S.T 3-13-18.

Roll-back Dodd-Frank rules & regulations, expedite the business of America [business.] Enable merchants to become PCIC, ASAP!

All-In-One voice, face, EMV cards, & finger-print AI payment readers are in the early stage of deployment.

FDC, right-place, right-time... waiting on the CFPB.

Looking forward to what's said during the Barclay Form.

FDC + AI. Keep American business strong on E&M Commerce planet Earth, or BUST!

[asp42001]

3/6/18 Imbalance 1,248,800M Shares On Buy-Side!

FDC will be on "hold" until April 2019, when the CFPB (consumer financial protection bureau) is scheduled to release rules and regulations governing the payment industry. The delay will give merchants time to become PCIC (Payment Card Ind.Compliant).

Up-To-Date digital NFC (near field communication) readers and face recognition payment methods... WAVE of the future. FWIW - The BBC traveled to China to report on its payment industry. NFC was mentioned. It was also mentioned Chinese millennials prefer face recognition payments, in-lieu of NFC. All-In-One voice, face & NFC readers are in the early stage of deployment.

The U.S., U.K, & FDC must play 21st Century payment data catch up with China, between now and April 2019.

The business of America (business) must develop & deploy complete E2E "digital" billing & payment solution ASAP!

Dial-Up, DEAL and provide NFC & Face Payment Cameras? (:>)...

Color Me 21st Century, U.S.A., First Data All-In, or BUST!

[Armed n Hammered]

Any chance they will buy out or partner up with Blockchain Co. Like BTCS ??? OR who will they partner up with ?

[Pocket9s]

FDC should merge w SQ

[asp42001]

E&M Cross-Border Commerce & Prepaid Cards?

Today's FDC news mentions cross-border e commerce, catering to banked & non-banked entities.

FDC wants to purchase Card Connect (CCN,) which suggests prepaid "Cards of Networking Opportunity" cantering to banked and non-banked entities, will meld seamlessly in the seeable future, with iRemote pay & billing solutions. Card & iPhone combinations can provide military-grade "security"!!

Pick the right back-office EBPP&H application service providers, while billing, payments, security, e verification & U.S.A. record keeping depositories hone-to-perfection. Receive a nice R.O.I.

Perform your own due diligence, before taking a calculated risk, a.k.a. gamble on domestic & global E&M Commerce solutions in the early stage of development & deployment.

Dial-Up iRemotePay-Pass & DEAL!

asp42001

[Enterprising Investor]

FDC hits new 52-week high (2/21/17)

FIRST DATA CORPORATION (FDC)
Last Trade [tick] 13.2500[+]
Volume 3,204,345
Net Change 0.2600
Net Change % 1.59%
52 Week High 16.6350 on 02/21/2017
52 Week Low 9.9000 on 06/27/2016
Day High 16.6350
Day Low 16.3300

[Enterprising Investor]

First Data and Silicon Valley Bank Expand Strategic Partnership (6/29/16)

First Data to support SVB’s clients with borderless commerce solutions, including its dynamic eCommerce offering

NEW YORK & SANTA CLARA, Calif.--(BUSINESS WIRE)--As technology companies mature from startups through growth-stage to global corporations, they need strong partners that can support their growth and understand their rapidly evolving business needs. First Data (NYSE: FDC), a global leader in commerce enabling technology and solutions, has entered into a strategic agreement with Silicon Valley Bank (NASDAQ: SIVB), the bank of the world’s most innovative companies and their investors. First Data, which powers 28% of global eCommerce, will work with SVB to facilitate payment acceptance for the bank’s clients throughout their lifecycle.

“Silicon Valley Bank is an outstanding ally with deep roots and expertise in the technology industry, a sector in which First Data has made significant inroads in recent years,” said Chris Foskett, Executive Vice President, Head of Corporate & Business Development, First Data. “Through this collaboration, First Data will ensure that SVB’s clients can safely and securely accept payments wherever their customers conduct business. In turn, SVB will connect First Data with some of the most innovative emerging and established technology companies in the world.”

This expanded relationship builds on the existing card processing relationship between First Data and SVB to include borderless commerce solutions for SVB’s business clients across geographies and a variety of industries, including technology, life sciences, venture capital, private equity, and the wine industry. SVB accepts payments in 140 currencies and 160 countries around the world with the capability to fund its clients in 17 currencies including GBP, EUR, USD, CAD and JPY.

“With the power of First Data’s technology combined with our broad relationships across the innovation ecosystem, we help increase our clients’ probability of success while making payment issuance and acceptance easier and more effective,” said Eduardo Vergara, Head of Payment Services, Silicon Valley Bank. “Technology companies tend to expand into many markets earlier than companies in other industries, and require services that can scale easily and globally. Together with First Data, we are able to deliver payment solutions that will truly help our clients grow.”

As part of the agreement and beginning later this year, SVB Global Merchant Services will provide SVB’s clients access to First Data’s dynamic eCommerce solution, a robust payments offering that provides businesses with a seamless experience across mobile devices and international borders. The solution includes a developer-friendly payment gateway for web and mobile commerce applications and Clover Security, First Data’s powerful payment card security solution that combines encryption with tokenization to protect businesses from data breaches. SVB’s clients will also have access to the tools needed to help streamline operations, expand their business and customer intelligence, and improve their customers’ payment experience.

In addition, First Data and SVB are working together to build a strong infrastructure for innovative companies.

“The assets and expertise that First Data brings to the table from an issuing and acquiring perspective are impressive,” said Reetika Grewal, Head of Payment Strategy and Solutions for Silicon Valley Bank. “We work closely with our clients across all life stages to develop payment solutions that are scalable, sustainable and compliant. Being able to leverage the First Data suite of products and services will allow us to provide even more solutions that are important for our clients.”

For more information about SVB Global Merchant Services, visit: https://www.svb.com/receivables/merchant/.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in 118 countries around the world. The company’s 24,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,500 transactions per second and $1.9 trillion per year.

About Silicon Valley Bank

For more than 30 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Learn more at svb.com.

http://www.businesswire.com/news/home/20160629005293/en/Data-Silicon-Valley-Bank-Expand-Strategic-Partnership

[OneStepAhead]

Ackroo (TSXV:AKR) Partners with First Data (NYSE:FDC)

Ackroo Inc. (TSXV: AKR) (OTC: AKRFF) (“Ackroo” or the “Company”), a gift card, loyalty and rewards technology and services provider, and First Data Canada, a division of First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, are pleased to announce that the two companies have partnered in order to offer Canadian merchants the opportunity to use Ackroo’s gift card and rewards technology on First Data certified terminals, making it seamless for First Data Canada merchants to launch their own gift card and rewards programs.

insert-text-here

[Enterprising Investor]

A turnaround worth following.

Price decay from current levels is possible in a few days.

[Enterprising Investor]

First Data Shares Are Too Cheap to Ignore (5/21/16)

The payment processor stock sells at about half the level of rivals though it’s growing and paying off debt

By Jack Willoughby

First Data has had more than its share of financial notoriety in recent years. In one of the largest leveraged buyouts ever, the big payment processor was taken private by Kohlberg Kravis Roberts in 2007 on the eve of the financial crisis, just after First Data had taken on $24 billion of debt. After extensive restructuring, it went public last October, in 2015’s biggest initial public offering.

Waning investor interest in tech-related stocks, especially those controlled by private-equity firms, prompted underwriters to price the offering on the low side. From there, First Data’s shares (ticker: FDC) sank another 30%, to last week’s $11. Investors have pretty much left the stock for dead.

Of course, that’s often the first sign of revival. Value investors, including Leon Cooperman of hedge fund Omega Advisors, have snapped up the discounted shares. They believe the company is making progress in cleaning up its balance sheet and rebuilding its business of processing payments for merchants and banks. One analyst expects the stock to rise 70% or more in the next year or two.

Under CEO Frank Bisignano—JPMorgan’s former co-chief operating officer—First Data has upgraded its technology, paid down some debt, and reshaped the business. Perhaps most important to shareholders, Bisignano recently bought breathing room by getting creditors to postpone to 2021 nearly $5 billion in debt payments that were to be payable in 2018. That gives First Data more flexibility to implement its strategy and improve cash flows.

“When I first joined, the company was losing customers, under a mountain of debt with $2 billion in [annual] interest expense, and so leveraged that we could have lost the keys to the building,” Bisignano tells Barron’s. “We were a ‘siloed’ company that sold individual products. Today, we bring the force of the entire enterprise to the relationship. People want to do business with us. We have a way to go, but we have momentum and are headed in the right direction.”

LESS WELL KNOWN than rivals Visa (V) and MasterCard (MA), First Data is one of the world’s largest card processors. It supplies the payment systems ubiquitous in today’s retail outlets. In 2014, it handled about 11% of global credit-and-debit purchase volume in dollars, and almost 40% of U.S. credit and debit purchases.

First Data is back on a course of steady growth. It earned an adjusted $705 million, or 74 cents a share, in 2015 on revenue of $11.45 billion. It’s expected to earn $1.2 billion, or $1.31 a share, on revenue of $11.85 billion in 2016. The following year, analysts look for $1.4 billion in earnings, or $1.52 a share, on revenue of $12.36 billion.

The biggest of First Data’s units is global business services, which include its “merchant acquiring” unit that sells credit-card terminals to retailers and then services their accounts. It represents 59% of revenue. Second comes global financial services, such as data processing for banks, which make up 21%. Just behind, at 20% of sales, are network and security services, including the Star Network of ATMs.

Bisignano, a high-energy CEO with a straightforward manner, has installed a new management team, many of whom worked with him overseeing the mortgage business at JPMorgan and, prior to that, when he was the head of global transactions at Citigroup. He and Chief Financial Officer Himanshu Patel have cut net debt from $24 billion in early 2013 to $19 billion. Free cash flow, which was negative $60 million when Bisignano arrived, has turned into a positive $211 million in the first-quarter 2016. Annual cash debt payments have been halved, to $1 billion this year.

And then there is the refinancing of $4.6 billion of term loans that pushes the due date out several years, freeing up more cash flow to meet First Data’s obligations.

The changing capital structure has provided First Data with what Bisignano calls “escape” velocity to drive its turnaround.

Improved technology and better salesmanship are expected to keep pushing revenues higher. One of the company’s bets is on a new platform called Clover, which promotes faster, more-responsive service by, for instance, letting waiters hand off customer orders via mobile devices rather than walking back to the kitchen. Clover also enables small businesses to assess customer and financial data, inventory, and employee performance more closely.
The technology is designed to address a big problem in selling to small businesses: client churn. That can result from a rival offering better terms or new hardware, or small businesses’ high failure rate. Analysts expect at least $100 million in small-business churn this year. Via better technology and bundled sales, First Data is trying to create more “stickiness” for customers, who are expensive to replace each year.

At about $11 a share, First Data’s stock doesn’t reflect the company’s progress. It trades at just eight times estimated 2016 earnings, less than half the level of some competitors, and 11 times free cash flow, a discount similar to rivals’.

“First Data’s a dominant franchise, trading at a fraction of its peers. It’s in excellent shape,” says Cooperman. “Earnings and volume are growing, and the company’s fixing problems in North America. They’ve pushed off maturities to free up cash to pay down debt,” he notes.

With a $19 price target for the stock, James Friedman, analyst for Susquehanna Financial Group, is watching closely to judge Clover’s success. “[First Data has] done an excellent job so far of saving money and coming up with ways to keep their large merchant customer base,” says Friedman. “The challenge is to manage churn rates by elevating their services to merchants,” he notes. Every 1% reduction in business loss adds $40 million in revenue for First Data, he says.

A major issue for investors is KKR’s (KKR) intentions. The firm and its co-investors own about 60% of the stock, a big overhang. The buyout firm reckons its cost to be about $14 a share, but it has no intention of unloading its biggest holding in a fire sale, says a source close to the deal. KKR historically hasn’t sold until it’s earned a multiple of its investment. The higher the share price, though, the greater the temptation to sell. The firm put another $1.2 billion into First Data via a private placement just prior to its IPO, notes Patel.

First Data posted a solid performance in the first quarter of this year, raising constant-currency revenue growth by 5%, yet pushing down costs. While cautioning that First Data is on a multiyear turnaround, Bisignano says he feels “good about the second half,” and believes “now it’s showtime.” Investors can’t wait.

http://www.barrons.com/articles/first-data-shares-are-too-cheap-to-ignore-1463803455?mod=BOL_hp_highlight_4

Pre-publication closing price: $11.41.

[BillBadaass]

$FDC • Slowly climbing back

[BillBadaass]

$FDC • This deal don't make any sense, zero IR department, zero communication with shareholders, zero reaction to anything.
Calls or emails, guess I need to stop by their offices to see if this is even a real company.

- Buyers Beware -

The Company don't give a hoot about its shareholders!

[BillBadaass]

$FDC • Contact Investor Relation https://www.firstdata.com if concerned about this company or your investment as a shareholder.

[BillBadaass]

$FDC • WOW!!!! -17%

[BillBadaass]

$FDC • Here we go (finally)

[cintrix]

First Data Reports Third Quarter 2015 Financial Results

Q3 GAAP Consolidated revenue of $2.9 billion, up 5% YoY
Q3 Segment revenue of $1.8 billion, up 4%, or up 7% excluding currency impacts
Q3 GAAP Operating profit of $402 million, up 14%
Q3 Adjusted EBITDA of $703 million, up 7%
Q3 Adjusted EBITDA margin expands 130 basis points to 39.1%
Q3 GAAP Net loss improved by $109 million to $126 million; Adjusted net income of $191 million
Strengthening balance sheet through $2.8 billion IPO and debt refinancings

https://finance.yahoo.com/news/first-data-reports-third-quarter-201800143.html

[BillBadaass]

$FDC • lost 5% in first few days of trading now gained back 1.5%, welcome to the new IPO market.
I would have though with 11b in revenue they would work with the banks that know how to launch a IPO. Very Disappointed #FirstData

[cintrix]

You are comparing apples to oranges. FIT is a techno/fad stock like GPRO. Ask the average person what Fitbit and First Data are. Which do you think they would recognize? lol

[BillBadaass]

FDC should have done better than FIT; FDC has 11xRev & a much better business model.

[BillBadaass]

FDC - I own both

[cintrix]

FIT? Why are you posting FIT if we are talking FDC? They did price below what they were supposed to price in the 18-20 range. They went public to pay down their debt - that is the bottom line. Did you get ipo shares at 16?

[BillBadaass]

$FIT • They might own more but they registered & sold some shares! 1Million% - that's one of the reasons to go public to sell at a high multiple.
This should of priced at $12.00 but Wallstreet got greedy (again) & now "Main Street Investors" are taking it up the tail pipe. Maddoff would be proud!

[cintrix]

According to federal filings, employees at First Data hold about 71 million shares, with 10.4 million of those belonging to 23 executives and directors.

And those shares are locked up for six months so they aren't selling anything.
http://www.omaha.com/money/first-data-s-employees-now-face-stock-decision/article_e8ef3c69-b589-529a-a4cc-7e08e46b4f72.html

[BillBadaass]

$FDC • very disappointing IPO, I guess that's why they went public - sell their shares to investors & get out. No ones interested @ $16.00 - except suckers - should have guest.
Thanks FirstData

[cintrix]

I already traded it for a a few cents. Will be back. Yeah they are heavily in debt. They were good years ago before they went private.

[wamutrader]

10/18 Yahoo Finance: Weak market for First Data IPO could help investors: FDC in my opinion is a good LT Value BUY opportunity at $16 because IPO is primarily paying down FDC debt.

http://finance.yahoo.com/news/weak-market-for-first-data-ipo-could-help-investors-114108910.html#

----------------------------------------------

10/18 Yahoo Finance: Weak market for First Data (FDC) IPO could help investors:

The company is looking to raise $3 billion by going public this week and reversing its disastrous 2007 leveraged buyout.

Spun off from American Express (AXP) in 1992, First Data was bought by KKR (KKR) for $26 billion eight years ago. Then the financial crisis hit and First Data's business cratered. At one point, KKR reportedly cut its valuation for First Data by 40%.

But times have changed. Two years ago, KKR brought in a new CEO, Frank Bisignano, a banker with long experience in credit cards and processing at Citigroup (C) and JPMorgan Chase (JPM). He raised $3.5 billion of private equity to cut the company's massive debt load. Now the proposed IPO could shave another $3 billion off its debt. If the deal succeeds, it will be the biggest IPO of the year by far (current title holder Tallgrass Energy raised $1.3 billion in May).

An opportunity to cut debt

The IPO market has been rough the past few months, with deal flow down 43% in the third quarter from last year. Recent market turmoil hit newly IPOed companies pretty hard. Renaissance Capital's IPO Index lost 17% in the third quarter versus the S&P 500's 7% drop.

But all of this may set up First Data for a decent valuation when it comes public. All of the proceeds are going to reduce debt -- cutting borrowings at interest rates of 11.25% and 12.625% -- and the company has said it also has opportunities to refinance at lower rates some of the $18 billion debt load that will remain after the IPO.

That could generate some net income -- the company lost $138 million in the first six months of 2015 but that was interest costs of $813 million. On a pro forma basis, interest costs would drop to $630 million for the half year given the debt that will be paid off.

And once the company gets out of debt jail, it's poised to take advantage of the continuing shift away from paying with cash to credit and debit. U.S. credit, debit and prepaid cards generated $5.2 trillion of transactions last year, up 8% from 2013, according to the Nilson Report.

"Using the cash to pay down debt is a big help to improve the cash flow situation," says William Preston, senior research analyst at Renaissance. And given the weak market conditions, "the valuation could be compelling."

Still, competition is coming from all directions, ranging from high tech upstarts Square and Stripe to more established processors like Heartland Payment Systems (HPY) and Fiserv (FISV). Revenue growth has been muted despite the continuing boom in credit card usage rates. Sales of $5.6 billion in the first half of 2015 were up less than 2% from the same period last year.

The IPO is being jointly led by Citigroup, Morgan Stanley (MS), BofA Merrill Lynch (BAC) and KKR. The underwriters have indicated that they want to price the deal at $18 to $20, but Preston says most IPOs in the past few weeks have hit the market at prices below the expected range. That's helped performance -- seven of the past eight deals then traded above their initial offering price.

[wamutrader]

This is a Very Long Term value play, if you are willing to hold for a LONG TIME. If you buy now...be prepared to hold for years, but will eventually pay off. Its a good overall company with a long history but has run into trouble. If you dont have the patience to wait...right now invest in something else until you notice FDC debt vanish and revenue grow....then jump in.

[cintrix]

So does that make it a buy? lol

[protagonist12]

Cramer on FDC:

[Churak]

better than the IPO at least...GLTY

[cintrix]

I just made my first buy at 15.82 - will wait to see if there are any better drops.

[cintrix]

Thinking about it but not sure - will have to see how it opens. They are saying that they don't expect any large pop on this one.

[Churak]

U getting any?

[cintrix]

First Data Prices Its IPO At $16 Per Share, Raising $2.56 Billion
Posted 13 hours ago by Alex Wilhelm (@alex), Katie Roof (@Katie_Roof)


Payments giant First Data priced its IPO tonight at $16 per share, beneath the expected range of $18 to $20, according to Bloomberg. Selling 160 million shares, the payments-processing company will raise $2.56 billion in its flotation, making it the largest IPO of the year.

The pricing news comes directly on the heels of Square, a competing payments company, which revealed its IPO filing after the bell. It seems that the larger processing sector expects investor appetite for payment technology companies.

This is not First Data’s first shot as a public company. Private equity firm KKR took a big bet on First Data in 2007, buying it for $29 billion in a leveraged buyout. Today, First Data — which will trade under the ticket FDC on the New York Stock Exchange — will command a market value of just $14 billion.

The company has slowly expanding revenues and steep debt. At current tip, the company has an unadjusted total load of $21.16 billion. First Data will be using the $2.56 billion proceeds from the initial public offering to pay down some of its long-term debt.

According to the same document, the company anticipated to end its IPO with cash and equivalents of $325 million, based on an anticipated $19 per-share pricing. Given that the firm’s $16 per-share final offering price is substantially lower than expected, the company will likely be unable to lower its debt load as much as it previously anticipated.

First Data’s debt load is a material drag on its profitability. In the first half of 2015, the company had interest expenses of $813 million. The company reported an aggregate net loss for the same two quarters of $138 million. In short, if First Data weren’t in such massive debt, it would likely be turning a tidy profit. In the hock as deep as it is, the company is having a hard time managing both its obligations and profitability.

Debt aside, First Data’s scale is notable. The firm had $5.56 billion in revenue during the first half of 2015, which puts it on a path to revenue in the 11 figures this year.

While some investors are skeptical of First Data’s financials, others see this as a growth opportunity.

“They’ve not been able to turn a profit yet, which may give the market pause, particularly in light of the recent volatility,” said Brian Hamilton, CEO of Sageworks. “But if they stay cautious on the valuation and keep their sales multiple below 5x, I think this could be a good opportunity.”
http://techcrunch.com/2015/10/14/first-data-prices-its-ipo-at-16-per-share-raising-2-56-billion/