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Stock Market & Financial Investment News

News Breaks
December 3, 2012
16:08 EDTFLTFleetCor says completed share repurchase to be accretive to FY12 EPS by 13c
FleetCor Technologies announced that it has completed its previously announced purchase of approximately 3.85M shares of FleetCor common stock at $51.91 per share pursuant to a share repurchase agreement with certain of its private equity shareholders associated with Summit Partners and Bain Capital. “On a pro forma basis, using actual results through September 30 and our prior guidance, the repurchase is expected to be accretive to full-year 2012 earnings by approximately 13c per diluted share,” said Ron Clarke, chairman and chief executive officer, FleetCor Technologies, Inc. “We believe that buying back shares from our legacy investors will help to reduce the share overhang and leaves us sufficient liquidity to execute our acquisition plans.” The share repurchase was effected in a private transaction and FleetCor funded the $200 million aggregate purchase price with borrowings under its credit facilities.
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July 31, 2014
16:17 EDTFLTFleetCor raises FY14 EPS view to $5.04-$5.10 from $4.97-$5.07
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16:13 EDTFLTFleetCor reports Q2 EPS $1.03, consensus $1.25
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15:38 EDTFLTNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Tesla Motors (TSLA), consensus 4c; Public Storage (PSA), consensus $1.96; Edison International (EIX), consensus 83c; DaVita HealthCare (DVA), consensus 89c; Southwestern Energy (SWN), consensus 59c; Northeast Utilities (NU), consensus 50c; Fluor (FLR), consensus 99c; Expedia (EXPE), consensus 76c; Western Union (WU), consensus 36c; Microchip Technology (MCHP), consensus 67c; Mohawk (MHK), consensus $2.20; PerkinElmer (PKI), consensus 59c; Apartment Investment (AIV), consensus 51c; LinkedIn (LNKD), consensus 39c; Douglas Emmett (DEI), consensus 39c; Trulia (TRLA), consensus (16c); Outerwall (OUTR), consensus $1.36; Enbridge Energy Partners (EEP), consensus 24c; FleetCor Technologies (FLT), consensus $1.25; Ashland (ASH), consensus $1.57; Pharmacyclics (PCYC), consensus (22c); Community Health Systems (CYH), consensus 35c; Arch Capital (ACGL), consensus 99c.
July 29, 2014
06:52 EDTFLTFleetCor, buyout companies mull $3B Comdata acquisition, Reuters says
FleetCor Technologies (FLT) and buyout companies including Carlyle Group (CG) and Silver Lake Partners are all looking to purchase Comdata in an agreement which could exceed $3B, according to Reuters, citing people familiar with the matter. Reference Link

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