Alongside Fidelity Information Services (FIS) mixed earnings results, is the announcement of a new share repurchase program of $2B effective through the end of December 2017. The new program replaces a $1B authorization which had $174M still outstanding.
The company guides to FY2014 adjusted operating EPS of $3.05-$3.16 per share, up 8% from 2013's level.
Fidelity National ($FIS) has carved out a niche in serving large banks domestically and internationally, says analyst http://bit.ly/18rsZST
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FIS vs. ETF Alternatives
Fidelity National Information Services Inc provides banking and payments technologies solutions. Its segments includes Financial Solutions Group, Payment Solutions Group, International Solutions Group, Corporate and Other.