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April 4, 2014
08:38 EDTGPNGlobal Payments risk/reward remains attractive, says RW Baird
Baird views the risk/reward for Global Payments as attractive following Q3 results. The firm thinks the shares could trade off today citing its only mildly raised guidance. Baird thinks its multiple could grow to a normalized rate if earnings growth continues. Shares are Outperform rated with a $82 price target.
News For GPN From The Last 14 Days
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September 30, 2014
16:07 EDTGPNGlobal Payments to acquire FIS gaming business
Global Payments announced that it has entered into a definitive agreement to purchase gaming assets from Certegy Check Services, a subsidiary of Fidelity National Information Services FIS, related to its business for licensed gaming operators. This acquisition will be complementary to Global Payments’ gaming business and will expand its existing suite of innovative products and solutions. This transaction is subject to regulatory approvals and contractual closing conditions and is expected to close during 4Q15. The company intends to fund the acquisition through operating cash flows and it is not expected to have a material impact on the company’s FY15 results or capital plans.
September 29, 2014
13:06 EDTGPNGlobal Payments October volatility elevated into Q1
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September 25, 2014
07:26 EDTGPNGlobal Payments risk/reward favorable ahead of results, says Oppenheimer
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