DST Systems, Inc.
FIS’s Acquisition of SunGard to Become a Key Catalyst for 2016
In 4Q15, Fidelity Information Services (FIS) acquired SunGard, expanding its top line by nearly 50% and entering the capital markets and asset management businesses,
How Did FIS’s Earnings Stack Up in 1Q16?
Fidelity National Information Services (FIS) posted earnings of $0.79 per share for 1Q16, 22% higher than the same period last year. Revenues grew by 4.2% year-over-year to $2.2 billion.
A Look at Citrix’s Share Buyback Program
Citrix Systems (CTXS) ended fiscal 2017 with a share repurchase of nearly $1.2 billion.
What the SunGard Acquisition Could Bring for FIS
In August 2015, FIS acquired SunGard for $9.1 billion, its largest acquisition to date. SunGard is expected to expand FIS’s top line by nearly 50%.
How Has CDK Global Performed in a Competitive Market?
The price-to-sales ratios of CDK Global, Autodesk, Nuance, DST Systems, and Solera are 3.9x, 5.2x, 2.8x, 1.6x, and 3.2x, respectively.
CDK’s Revenue and Income Rise in 1Q16
After releasing its 1Q16 earnings report, CDK Global rose by 0.53% to close at $50.82 per share as of November 3, 2015.