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	<title>Stock Blog Hub &#187; Fiserv Inc</title>
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		<title>(FISV) Fiserv Maintains Analyst Neutral Rating</title>
		<link>http://www.stockbloghub.com/2011/12/31/fisv-fiserv-maintains-analyst-neutral-rating/89427</link>
		<comments>http://www.stockbloghub.com/2011/12/31/fisv-fiserv-maintains-analyst-neutral-rating/89427#comments</comments>
		<pubDate>Sat, 31 Dec 2011 23:07:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Fidelity National Information Services Inc]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89427</guid>
		<description><![CDATA[We continue to maintain a sideline stance on Fiserv Inc. (FISV),and thereby keep our Neutral recommendation on the company. Fiserv is a world leader in providing financial services to technology solutions which include E-commerce systems and other services such as transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions. The company has been inclined towards making profitable acquisitions over time, which include CheckFree Corporation, AdviceAmerica, iTech Corporation among many others. The company’s recent Carefree acquisition has been a crucial turning point as Fiserv now focuses chiefly on high profit sectors such as online banking solutions and electronic transaction services. It has hence slowly started to steer away from its low margin products including check processing and lending solution services. This move ]]></description>
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		<title>(FIS) Fidelity National Information Services Ropes in 80 New Clients</title>
		<link>http://www.stockbloghub.com/2011/11/02/fis-fidelity-national-information-services-ropes-in-80-new-clients/86238</link>
		<comments>http://www.stockbloghub.com/2011/11/02/fis-fidelity-national-information-services-ropes-in-80-new-clients/86238#comments</comments>
		<pubDate>Wed, 02 Nov 2011 21:03:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86238</guid>
		<description><![CDATA[Fidelity National Information Services Inc. (FIS), the provider of banking and payments technology, will be providing prepaid processing solutions to 80 new clients across the globe. Fidelity’s prepaid processing activities range from account set up to card production, inventory management, transaction processing and funds settlement. Also included is fraud detection and dispute processing among other facets of the system. Among the new clients, Los Angeles-based company 24/7 Card, which has a business unit in Manila, Philippines, has joined hands with FIS and the Central National Bank of Enid as issuer (pursuant to a license from Visa U.S.), to launch its reloadable prepaid card especially for foreign nationals living in the U.S. Through the 24/7 prepaid card, customers have the option to purchase and/or withdraw cash from ATMs and also have ]]></description>
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		<title>(FIS) Fidelity National Information Services Edges Out Estimates</title>
		<link>http://www.stockbloghub.com/2011/08/03/fis-fidelity-national-information-services-edges-out-estimates/79519</link>
		<comments>http://www.stockbloghub.com/2011/08/03/fis-fidelity-national-information-services-edges-out-estimates/79519#comments</comments>
		<pubDate>Wed, 03 Aug 2011 17:27:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79519</guid>
		<description><![CDATA[Fidelity National Information Services Inc. (FIS) reported second quarter 2011 earnings of 55 cents, beating the Zacks Consensus Estimate by a penny. The better-than-expected result was driven by strong top-line growth in the quarter. Operating Performance Non-GAAP earnings per share (EPS) from continuing operations increased 17.0% year over year, the net effect of a lower share count, higher revenue and lower tax rate. Adjusted net earnings from continuing operations totaled $165.9 million compared with $176.2 million in the year-ago quarter. The year-over-year decline was due to higher interest expense in the quarter. Gross profit increased 10.6% year over year to $496.6 million. Gross margin was 34.4% compared with 35.2% reported in the prior-year quarter, impacted by unfavorable mix of revenue. In the reported quarter, EBITDA on an adjusted basis spiked ]]></description>
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		<title>(FISV) Fiserv Strengthens Digital Payments</title>
		<link>http://www.stockbloghub.com/2011/07/01/fisv-fiserv-strengthens-digital-payments/78137</link>
		<comments>http://www.stockbloghub.com/2011/07/01/fisv-fiserv-strengthens-digital-payments/78137#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:58:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78137</guid>
		<description><![CDATA[In an attempt to expand digital payments and channel strategies, Fiserv Inc. (FISV) entered into an agreement to acquire CashEdge Inc. for $465 million. Headquartered in New York City and with offices in Silicon Valley and India, CashEdge provides innovative payments and aggregation solutions to financial institutions. CashEdge caters to more than 500 clients, including many of the nation&#8217;s largest banks. The acquisition will be accretive to adjusted earnings per share in fiscal 2012. However, adjusted earnings per share in fiscal 2011 will be indifferent to the acquisition. The transaction is expected to close by September 2011. With this acquisition, Fiserv expects to enhance its existing capabilities in account-to-account transfer, account opening and funding, data aggregation, small business payments, and person-to-person (P2P) payments. Both the companies offer P2P services enabling payments, ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(FISV) Fiserv Expands with Credit Unions</title>
		<link>http://www.stockbloghub.com/2011/06/30/fisv-fiserv-expands-with-credit-unions/77977</link>
		<comments>http://www.stockbloghub.com/2011/06/30/fisv-fiserv-expands-with-credit-unions/77977#comments</comments>
		<pubDate>Thu, 30 Jun 2011 21:26:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77977</guid>
		<description><![CDATA[Fiserv, Inc. (FISV) recently announced that Randolph-Brooks Federal Credit Union (RBFCU) has chosen to implement the Acumen account processing solution from Fiserv. Fiserv, which competes with Fidelity National Information Services Inc. (FIS), assists financial institutions and health plan administrators in managing their information systems, thus helping them deliver services to their customers efficiently. Randolph-Brooks Federal Credit Union is a $4.3 billion institution and is the sixteen-largest credit union in the U.S. RBFCU selected Acumen due to its advanced architecture, scalability and member-centric design, as well as the scale, support and expertise of Fiserv as key decision factors. Assets have increased by 64% for RBFCU in the last four years and its membership increased by 38% to more than 350,000 diverse members in South Central Texas. Acumen is the newest choice ]]></description>
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		<title>(FIS) Fidelity National Information Services Bids for Misys</title>
		<link>http://www.stockbloghub.com/2011/06/24/fis-fidelity-national-information-services-bids-for-misys/77419</link>
		<comments>http://www.stockbloghub.com/2011/06/24/fis-fidelity-national-information-services-bids-for-misys/77419#comments</comments>
		<pubDate>Fri, 24 Jun 2011 20:39:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77419</guid>
		<description><![CDATA[Fidelity National Information Services Inc. (FIS) confirmed its bid for the U.K. based financial software company, Misys. According to analysts, the deal is valued at approximately $2.4 billion. Misys provides financial software to banks, fund managers and traders and has a predominantly strong operating base in eastern Europe, Africa, the Middle East and parts of Asia. Moreover, Misys’ services cater to more than 500 banks globally, which includes the world’s top 50 banks, and Fidelity will perhaps enjoy the former’s existing customer base to sell its ancillary products. The acquisition would enable Fidelity to expand its international base and will also provide it to tap into an existing market to cross sell its products. Fidelity is expanding its base in the international markets through acquisitions. The Misys acquisition, if successful, ]]></description>
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		<title>(FISV) Fiserv &amp; Dollar Bank Expand Relationship</title>
		<link>http://www.stockbloghub.com/2011/06/20/fisv-fiserv-dollar-bank-expand-relationship/76878</link>
		<comments>http://www.stockbloghub.com/2011/06/20/fisv-fiserv-dollar-bank-expand-relationship/76878#comments</comments>
		<pubDate>Tue, 21 Jun 2011 04:14:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76878</guid>
		<description><![CDATA[Fiserv Inc. (FISV) recently announced that it has expanded its partnership with Dollar Bank, an independent mutual savings bank in the US, by combining all of Dollar Bank&#8217;s consumer loans onto the LoanServ platform. The financial terms of the deal were not disclosed. LoanServ is a single-platform, real-time solution that consolidates mortgage loans, consumer loans, indirect financing, home equity loans and lines-of-credit and distressed-loan functionality into one core system. With this contract, the company expects that Dollar Bank will realize cost savings and also provide improved services to customers. Additionally, Fiserv’s LoanServ will offer services including rate locks and credit card access on home equity lines of credit. Hitherto Dollar Bank has been using LoanServ from Fiserv to service its mortgage loans. Fiserv has primarily focused on meeting the needs ]]></description>
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		<title>(FIS) Fidelity National Information Services Selected by Woolworths</title>
		<link>http://www.stockbloghub.com/2011/05/27/fis-fidelity-national-information-services-selected-by-woolworths/74470</link>
		<comments>http://www.stockbloghub.com/2011/05/27/fis-fidelity-national-information-services-selected-by-woolworths/74470#comments</comments>
		<pubDate>Sat, 28 May 2011 01:06:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74470</guid>
		<description><![CDATA[A leading provider of banking and payments technology, Fidelity National Information Services Inc. (FIS) was recently selected by Woolworths Ltd. to provide prepaid card processing services including card acquisition and transaction processing. Woolworths is a renowned merchant operating in various sectors including supermarkets, petrol, liquor, general merchandise, hardware, consumer electronics, hotels and pubs in Australia and New Zealand. Woolworths, through its financial services division offers credit cards, ATMs, gift cards and general-purpose prepaid cards. Fidelity currently processes more than 250,000 prepaid cards for Woolworths. We believe the new partnership will allow Fidelity to penetrate further in the growing markets of Australia and New Zealand. Fidelity currently supports prepaid cards in 34 countries and 16 currencies, with annual transactions of approximately 775 million. Global expansion has been one of the key ]]></description>
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		<title>(FIS) Fidelity National Information Services Reports Earnings In Line</title>
		<link>http://www.stockbloghub.com/2011/05/03/fis-fidelity-national-information-services-reports-earnings-in-line/73137</link>
		<comments>http://www.stockbloghub.com/2011/05/03/fis-fidelity-national-information-services-reports-earnings-in-line/73137#comments</comments>
		<pubDate>Wed, 04 May 2011 01:47:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73137</guid>
		<description><![CDATA[Fidelity National Information Services Inc. (FIS) reported first quarter 2011 earnings of 45 cents, in line with the Zacks Consensus Estimate and management’s guided range of 44 to 46 cents. Strong revenue growth, partially offset by higher costs resulted in the quarter’s performance. Operating Performance Earnings per share (EPS) on a non-GAAP basis from continuing operations was 45 cents, up 9.8% year over year and also ahead of the year-ago quarter earnings of 41 cents a share, driven by lower share count, higher revenue and lower tax rate. First quarter EPS was negatively affected by integration and severance costs of roughly 1 cent and Sunrise prepaid loss of 3 cents. Fidelity incurred a loss of approximately $13.0 million during the first quarter of 2011 related to the unauthorized activities involving ]]></description>
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		<title>(FIS) Fidelity National Information Services Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/05/02/fis-fidelity-national-information-services-earnings-preview/72939</link>
		<comments>http://www.stockbloghub.com/2011/05/02/fis-fidelity-national-information-services-earnings-preview/72939#comments</comments>
		<pubDate>Tue, 03 May 2011 02:23:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72939</guid>
		<description><![CDATA[Fidelity National Information Services Inc.(FIS) is scheduled to report its first quarter 2011 results before the opening bell on May 3, 2011. In the run up to the earnings report, there have not been any variations in analyst estimates. Fourth Quarter 2010 Highlights Fidelity reported strong fourth quarter 2010 results, with revenue increasing 7.6% year over year to $1.4 billion (6.1% organically), primarily driven by strong results from Financial Solutions and International Solutions. During the quarter, earnings, on a non-GAAP basis, from continuing operations jumped 42.2% year over year to 64 cents per share from 45 cents reported in the prior-year quarter, beating the Zacks Consensus Estimate of 60 cents. In fiscal 2010, revenue increased 4.2% year over year (3.2% organically) to $5.20 billion. Earnings on a non-GAAP basis increased ]]></description>
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		<title>(FIS) Fidelity National Information Services Beats Expectations on Strong Revenue</title>
		<link>http://www.stockbloghub.com/2011/02/09/fis-fidelity-national-information-services-beats-expectations-on-strong-revenue/66668</link>
		<comments>http://www.stockbloghub.com/2011/02/09/fis-fidelity-national-information-services-beats-expectations-on-strong-revenue/66668#comments</comments>
		<pubDate>Wed, 09 Feb 2011 23:22:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66668</guid>
		<description><![CDATA[Fidelity National Information Services Inc. (FIS) reported fourth quarter 2010 earnings of 64 cents that beat the Zacks Consensus Estimate of 60 cents. Strong revenue growth and higher cost savings drove the results. Operating Performance Earnings on a non-GAAP basis from continuing operations increased 42.2% year over year to 64 cents per share from 45 cents reported in the prior-year quarter. Adjusted net earnings from continuing operations totaled $196.9 million compared with $168.9 million in the year-ago quarter. Gross profit increased 13.6% year over year to $504.5 million. Gross margin was 36.1% compared with 34.2% reported in the prior-year quarter. Operating income was $350.2 million, up 16.7% year over year. Operating margin was 25.1% compared with 23.1% in the prior-year quarter. In the fourth quarter of 2010, EBITDA on an ]]></description>
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		<title>(FIS) Fidelity National Information Services Beats The Street by a Penny</title>
		<link>http://www.stockbloghub.com/2010/11/02/fis-fidelity-national-information-services-beats-the-street-by-a-penny/56729</link>
		<comments>http://www.stockbloghub.com/2010/11/02/fis-fidelity-national-information-services-beats-the-street-by-a-penny/56729#comments</comments>
		<pubDate>Wed, 03 Nov 2010 06:32:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Fidelity National Information Services Inc]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56729</guid>
		<description><![CDATA[A leading provider of banking and payment technology to financial institutions and government organizations, Fidelity National Information Services Inc. (FIS) reported third quarter 2010 earnings result that beat the Zacks Consensus Estimate of 51 cents by a penny, mainly attributable to growth in financial services segment that witnessed increasing demand. Earnings Earnings on a non-GAAP basis from continuing operations increased 13.0% year over year to 52 cents per share from 46 cents reported in the prior-year quarter. Adjusted net earnings from continuing operations totaled $176.7 million compared with $89.2 million in the year-ago quarter. Strong global sales, higher market share, improving demand for financial services and stringent cost controls drove the results in the quarter. In third quarter 2010, EBITDA on an adjusted basis increased 14.7% year over year to ]]></description>
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		<title>(FIS) Fidelity National Information Services Earnings Marginally Beat Expectations</title>
		<link>http://www.stockbloghub.com/2010/07/21/fis-fidelity-national-information-services-earnings-marginally-beat-expectations/44255</link>
		<comments>http://www.stockbloghub.com/2010/07/21/fis-fidelity-national-information-services-earnings-marginally-beat-expectations/44255#comments</comments>
		<pubDate>Thu, 22 Jul 2010 02:01:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44255</guid>
		<description><![CDATA[A leading provider of banking and payment technology to financial institutions and government organizations, Fidelity National Information Services Inc. (FIS) reported second quarter 2010 results that beat the Zacks Consensus Estimate of 45 cents by a penny. Earnings Earnings on a non-GAAP basis from continuing operations increased 15.0% year over year to 46 cents per share but was in line with management’s guidance range of 45 cents to 47 cents. Including after-tax purchase amortization of $42.0 million, and $41.0 million in after-tax merger integration and recapitalization costs, earnings on a GAAP basis were 23 cents per share, down 25.8% from 31 cents reported in the year-ago period. Fidelity pointed out that the results were in sync with their expectations. Strong global sales, higher market share, improving demand for professional services ]]></description>
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		<title>(FIS) Fidelity National Information Services Reaffirms Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/07/fis-fidelity-national-information-services-reaffirms-outlook/42846</link>
		<comments>http://www.stockbloghub.com/2010/07/07/fis-fidelity-national-information-services-reaffirms-outlook/42846#comments</comments>
		<pubDate>Thu, 08 Jul 2010 00:14:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42846</guid>
		<description><![CDATA[Second Quarter Guidance Electronic payment processor Fidelity National Information Services, Inc. (FIS) reiterated its outlook for the second quarter of 2010. Management expects second quarter adjusted revenues to grow in the low single digit range with an adjusted EBITDA margin expansion of approximately 100 basis points. This compares with $1.26 billion in revenues with an adjusted EBITDA margin of 28.5% reported in the year-ago period. Fidelity National expects 2% to 4% growth in adjusted revenues (1% to 3% growth in constant currency, due to the strengthening of the dollar against the euro and the British pound). Hence, the company expects a reduced currency benefit of approximately $30 million, compared with its earlier prediction of $60 million for the full year 2010. The company also offered guidance for the second quarter ]]></description>
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		<title>(FIS) Fidelity National Information Services Analyst Initiates Coverage at Neutral</title>
		<link>http://www.stockbloghub.com/2010/03/31/fis-fidelity-national-information-services-analyst-initiates-coverage-at-neutral/32385</link>
		<comments>http://www.stockbloghub.com/2010/03/31/fis-fidelity-national-information-services-analyst-initiates-coverage-at-neutral/32385#comments</comments>
		<pubDate>Wed, 31 Mar 2010 19:30:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32385</guid>
		<description><![CDATA[We are initiating coverage on Fidelity National Information Services, Inc. (FIS) with a Neutral rating. Shares of FIS are trading at a multiple of 12.0x our fiscal 2010 EPS estimate of $1.96, a discount to the industry. The company’s fourth-quarter 2009 earnings marginally beat the Zacks Consensus Estimate, benefiting from cost-cutting efforts and operating efficiency gains, as well as higher revenue in the international solutions segment. FIS reiterated its 2010 guidance. Fidelity has been an active acquirer of companies, and we believe the Metavante acquisition will offer both top-line growth and cost synergies with increased operating leverage. We are encouraged by FIS’ prospects, given the broad range of offerings of the combined company, as well as the acquisition of Metavante. New customer signings Incorporatedreased presence in international markets Incorporatedremental cross-selling ]]></description>
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		<title>(FISV) Fiserv Reports In-Line Fourth Quarter Earnings &#8211; Announces Share Repurchase</title>
		<link>http://www.stockbloghub.com/2010/03/18/fisv-fiserv-reports-in-line-fourth-quarter-earnings-announces-share-repurchase/30889</link>
		<comments>http://www.stockbloghub.com/2010/03/18/fisv-fiserv-reports-in-line-fourth-quarter-earnings-announces-share-repurchase/30889#comments</comments>
		<pubDate>Thu, 18 Mar 2010 18:42:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30889</guid>
		<description><![CDATA[Fiserv, Inc. (FISV) announced that its Board has authorized it to repurchase up to five million additional shares of its common stock &#8212; approximately 3% percent of its outstanding shares. As of March 1, 2010, the company had approximately one million shares remaining in its previous repurchase authorization. Fiserv repurchased 1.1 million shares of its common stock in the last quarter and 4.1 million shares in 2009. Under the new authorization, Fiserv may repurchase shares in the open market or from privately negotiated transactions at the discretion of management, subject to its assessment of market conditions and other factors. The company currently prefers to use its operating cash flow to repay debt and fund capital expenditures, acquisitions and share repurchases, rather than pay dividends. In 2009, capital expenditures stood at ]]></description>
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		<title>(FISV) Fiserv Reports Earnings In-line</title>
		<link>http://www.stockbloghub.com/2010/02/04/fisv-fiserv-reports-earnings-in-line/26907</link>
		<comments>http://www.stockbloghub.com/2010/02/04/fisv-fiserv-reports-earnings-in-line/26907#comments</comments>
		<pubDate>Thu, 04 Feb 2010 22:52:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26907</guid>
		<description><![CDATA[Fiserv Inc. (FISV) reported revenues of $1.06 billion in the fourth quarter of 2009, up 1.9% from a year ago. Fiserv assists financial institutions and health plan administrators in managing their information systems so that they can efficiently deliver services to their customers. The company operates in two business segments – Financial Institution Services, and Payments and Industry Products. Financial Services generated $497 million of revenues in the quarter, up 1.4% from a year ago. Payments and Industry Products generated $513 million of revenues, up 2.4% from a year ago. Fiserv continued to expand its payment footprint by signing 113 electronic bill payment clients in the quarter and 407 clients in 2009. Operating margin came in at 28.1%, down 20 basis points year over year. Management decided to double the ]]></description>
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		<title>(FISV) Fiserv&#8217;s Acumen Account Processing Solution Selected</title>
		<link>http://www.stockbloghub.com/2009/12/27/fisv-fiservs-acumen-account-processing-solution-selected/23544</link>
		<comments>http://www.stockbloghub.com/2009/12/27/fisv-fiservs-acumen-account-processing-solution-selected/23544#comments</comments>
		<pubDate>Sun, 27 Dec 2009 23:31:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23544</guid>
		<description><![CDATA[Fiserv, Inc. (FISV) announced that Westoba Credit Union of Brandon, Manitoba has chosen to implement its advanced Acumen account processing solution. Acumen is designed to support the business initiatives of large, market-leading credit unions. The solution has features such as unlimited scalability and real-time processing. Management is keen in expanding Acumen throughout North America. Westoba Credit Union is Canada’s 29th largest credit union with $865 million in assets and 34,000 members. Westoba also added two other products from Fiserv to its Acumen solution investment. The company earlier completed the sale of its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc. Based in Bensalem, Pa, ISGN provides mortgage technology and services to banks and lenders. LFS provides financial institutions loan fulfillment services, which include broker price opinions, closing, and settlement ]]></description>
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		<title>(FISV) Fiserv Earnings Report Is In-Line &#8211; Revenues Down</title>
		<link>http://www.stockbloghub.com/2009/10/28/fisv-fiserv-earnings-report-is-in-line-revenues-down/19058</link>
		<comments>http://www.stockbloghub.com/2009/10/28/fisv-fiserv-earnings-report-is-in-line-revenues-down/19058#comments</comments>
		<pubDate>Wed, 28 Oct 2009 22:11:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19058</guid>
		<description><![CDATA[Fiserv Inc. (FISV) recently reported third-quarter revenues of $992 million, down 4.4% sequentially. Adjusted internal revenues (on a constant currency basis) declined 1% year over year to $945 million. Management added that top-line growth remains challenged in the current environment. During the quarter, the company sold its Loan Fulfillment Services (LFS) and the results of the same have been treated as discontinued operations. The company continued to expand its payments footprint and signed 85 electronic bill payment clients in the quarter thereby expanding the total to 294 clients in 2009. The company reports results in two segments &#8211; The Financial Institution Services and the Payments and Industry products. The Financial Institution reported revenues of $475 million, down 2% year over year as revenues continues to be impacted by lower discretionary spending ]]></description>
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		<title>(FISV) Fiserv Incorporated Renews Contracts</title>
		<link>http://www.stockbloghub.com/2009/10/16/fisv-fiserv-incorporated-renews-contracts/17875</link>
		<comments>http://www.stockbloghub.com/2009/10/16/fisv-fiserv-incorporated-renews-contracts/17875#comments</comments>
		<pubDate>Sat, 17 Oct 2009 00:25:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17875</guid>
		<description><![CDATA[Fiserv, Inc., (FISV) recently announced that it has renewed contracts with 217 credit union account processing clients in the first eight months of 2009. Fiserv holds 32% market share for account processing among U.S. credit unions. The company had earlier launched a new global account processing solution – Acumen, designed to transform the way large credit unions do business. It supports rapid growth with its server deployment model that allows credit unions to scale their operation quickly and cost effectively. A day before, Fiserv launched its Merchant Acceleration Program (MAP), an initiative to increase the awareness and adoption of merchant capture by businesses. Merchant capture is a remote deposit capture solution that banks may provide to their business customers to provide them the convenience and cost savings of making check ]]></description>
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