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Posted on June 1, 2016First Data Chief Financial Officer Himanshu Patel to Present at the Cowen and Company Future of Payments & Commerce Conference
NEW YORK--(BUSINESS WIRE)--Jun. 1, 2016-- First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, announced today that Himanshu Patel, Chief Financial Officer, will present at the Cowen and Company Future of Payments & Commerce Conference on Tuesday, June 7, 2016 at the Ritz Carlton in San Francisco. Mr. Patel is scheduled to present at 12:20 p.m. Pacific time. A live webcast and replay of the presentation will be available on the Investor Relations section of the First Data website at investor.firstdata.com. About First Data First Data (NYSE: FDC) is a glo...
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Posted on May 26, 2016First Data Partners with the New York Mets to Salute Our Nation’s Veterans
First Data will be the corporate sponsor of the “Veteran of the Game” at New York Mets home games NEW YORK--(BUSINESS WIRE)--May 26, 2016-- In recognition of our nation’s veterans, First Data (NYSE: FDC) is proud to partner with the New York Mets and sponsor the “Veteran of the Game” for all regular season home games in 2016. During each game at Citi Field, a New York Mets player will present the “Veteran of the Game” with an American flag that flew over Citi Field while Citi Vision plays a segment showcasing the soldier's achievements while serving in the military. “As we enter into this Memorial Day weekend, ...
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Posted on May 23, 2016First Data’s Chairman and Chief Executive Officer, Frank Bisignano, to Present at the Bernstein Annual Strategic Decisions Conference
NEW YORK--(BUSINESS WIRE)--May 23, 2016-- First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, announced today that Frank Bisignano, Chairman and Chief Executive Officer, will present at the Bernstein Annual Strategic Decisions Conference on Wednesday, June 1, 2016 at The Waldorf Astoria in New York City. Mr. Bisignano is scheduled to present at 11:00 a.m. ET. A live webcast and replay of the presentation will be available on the investor relations section of the First Data website at investor.firstdata.com. About First Data First Data (NYSE: FDC) is a g...
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Posted on April 25, 2016First Data Reports First Quarter 2016 Financial Results
Q1 GAAP consolidated revenue of $2.8 billion, up 3%; up 5% excluding currency impacts Q1 segment revenue of $1.7 billion, up 2%; up 5% excluding currency impacts Q1 adjusted EBITDA of $636 million, up 13%; adjusted EBITDA margin expands 360 basis points to 37.6% Q1 GAAP net loss of $56 million, includes $46 million of debt extinguishment charges and $52 million of IPO-triggered stock-based compensation costs Continued strengthening of the balance sheet through debt refinancings that extended maturities of $4.6 billion of term loans ...
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Posted on April 22, 2016First Data’s Transformation Includes Major Strides in Diversity Programs & Recognition
Company’s Efforts Result in New Awards from DiversityInc in Two Key Categories First Data Named a “Top 25 Noteworthy Company” for Diversity Efforts Also Named One of the “Top 10 Best Companies for Veterans” NEW YORK--(BUSINESS WIRE)--Apr. 22, 2016-- Building on its multi-year initiative to create a progressive and inclusive environment for its employees, First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, was proud to receive two significant awards this week from DiversityInc, one of the nation’s leading diversity-focused publications whose rankings are see...
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Posted on April 20, 2016First Data Launches Clover Online Store, An All-In-One eCommerce Solution
Clover Online Store Supports Business Owners with Professional-Looking Website that Accepts Payments Fully Developed on the Clover Open API LAS VEGAS--(BUSINESS WIRE)--Apr. 20, 2016-- For many people, their first interaction with a company is a virtual connection. That first impression – typically in the form of a website – says a lot about a business and must convey professionalism, competence, and security. Small business owners understand the importance of an online presence, but the thought of building and maintaining a website can be daunting. That’s why First Data (NYSE: FDC), a global leader in commerce-...
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Posted on April 7, 2016First Data to Release First Quarter 2016 Financial Results
NEW YORK--(BUSINESS WIRE)--Apr. 7, 2016-- First Data Corporation (NYSE: FDC) will release its first quarter 2016 financial results before the market opens on Monday, April 25, 2016. The release will be available at investor.firstdata.com. The company will host a conference call and webcast to review these results on Monday, April 25, 2016 at 8 a.m. ET. To listen to the call, dial +1 (800) 708-4540 (U.S.) or +1 (847) 619-6397 (outside the U.S.). The participant passcode is 42146413. The call will also be webcast on the “Investor Relations” section of the First Data website at investor.firstdata.com along with a slid...
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Posted on March 25, 2016First Data Announces Lenders' Affirmative Responses to Refinance Its Remaining US Dollar Term Loans Due March 2018
NEW YORK--(BUSINESS WIRE)--Mar. 25, 2016-- First Data Corporation (“First Data”) (NYSE: FDC) today announced that it has received affirmative responses from new and existing lenders to provide approximately $3.7 billion of term loans due March 2021. This transaction and the expected prepayments from the proceeds of First Data’s previously announced and priced offering of $900 million of its 5.000% Senior Secured Notes due 2024 allows First Data to refinance the remaining approximately $4.6 billion of its U.S. dollar denominated term loans due March 2018. The successful completion of this transaction is subject to market and other...
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Posted on March 24, 2016First Data and First Tennessee Bank Form Strategic Relationship to Support Small Businesses
NEW YORK--(BUSINESS WIRE)--Mar. 24, 2016-- First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions, has entered into a strategic agreement with First Tennessee Bank, the largest bank in Tennessee with nearly 200 retail and commercial banking locations. Under the new enterprise agreement, First Tennessee will provide its small business clients with First Data’s innovative products, including the Clover® family of business management solutions. First Tennessee will also join First Data’s STAR® Network and have access to an array of cutting-edge fraud protection tools. “Small busin...
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Posted on March 21, 2016First Data Announces Intent to Enter into Transactions to Extend the Maturity of Certain of Its Term Loans Due 2018
NEW YORK--(BUSINESS WIRE)--Mar. 21, 2016-- First Data Corporation (“First Data”) (NYSE: FDC) today announced that it intends to seek to enter into one or more refinancing transactions to extend the maturity of a portion of its outstanding U.S. dollar denominated term loans due March 2018. Approximately $4.6 billion of First Data’s U.S. dollar denominated term loans due March 2018 are outstanding as of the date of this press release, with such outstanding amount expected to be reduced to approximately $3.7 billion after giving effect to expected prepayments from the proceeds of First Data’s previously announced and priced offering...
