First Data Corp.

First Data buying back debt

The Denver Business Journal (Free subscription) | 26/11/2008

First Data Corp. has begun buying back $115.2 million of its outstanding debt, the company said Wednesday.

First Data???s revenues up 4 percent

The Denver Business Journal (Free subscription) | 14/11/2008

First Data Corp.’s revenues rose 4 percent to $2.2 billion in the third quarter, the company said Friday.

• First Data Reports Third Quarter 2008 Revenue Growth of 4% - Business Wire

First Data Reports Third Quarter 2008 Financial Results

Payment News (Free subscription) | 14/11/2008

First Data Corp. has reported financial results for the third quarter 2008 - with consolidated revenues growing 4% to $2.2 billion. FDC's strongest revenue growth was in international with a 19% increase in revenue. Its weakest segment, Financial Services, saw revenues decline 5%. Merchant services grew 6%. A webcast is scheduled to discuss the results later this morning.

First Data ends payment partnership.

Denver Post (Free subscription) | 04/11/2008

First Data Corp. of Greenwood Village said it has successfully terminated its partnership with JPMorgan Chase called Chase Paymen tech Solutions. Both companies now operate separate payment businesses.

First Data cancels plans to acquire InComm

Denver Post (Free subscription) | 05/11/2008

First Data Corp. in Greenwood Village has terminated plans to acquire Atlanta-based InComm, a leading vendor of stored-value and gift cards, the two companies said. The companies didn't provide a reason for calling the deal off but said they have signed a distribution agreement that will allow First Data to sell its stored-value cards at InComm locations.

First Data and InComm terminate acquisition deal

The Denver Business Journal (Free subscription) | 04/11/2008

First Data Corp. and InComm have mutually agreed to terminate the planned acquisition of InComm, the companies said Tuesday.

New Jobs Posted on PaymentsJobs.com

Payment News (Free subscription) | 20/11/2008

Several new job openings have recently been posted on our PaymentsJobs.com website: Director of Network Association Compliance - First Data Corp. - Englewood, CO Sr. Manager Global Payment Platforms - Apple Inc. - Cupertino, CA Merchant Market Development Manager - Maritz Holdings - Location Open Hiring? Do you have job openings for payments professionals? Post your openings on PaymentsJobs.com!...

???Bilski??? ruling in patent case tough for financial businesses

bizjournals (Free subscription) | 10/11/2008

A recent court ruling that sets a higher bar for patenting business concepts may hurt some Colorado companies, particularly First Data Corp., which holds more of the patents than any other company in the state.

JPMorgan Chase Completes JV Transition of Chase Paymentech

Payment News (Free subscription) | 03/11/2008

Chase Paymentech has announced the completion of its transition from a joint venture with First Data Corp to a wholly-owned unit of JPMorgan Chase. The assets of the joint venture owned by JPMorgan Chase have been integrated into the bank as a part of its card services division and will continue to operate under the name Chase Paymentech.

JPMorgan warns consumer debt charge-offs may rise

Reuters (Free subscription) | 07/11/2008

... quarter from the dissolution of an entity called Chase Paymentech Solutions, a joint venture with First Data Corp.Shares in JPMorgan were down 3 cents in premarket trading on Friday at $38.23, after closing at $38.26 on Thursday.(Reporting by Elinor Comlay; editing by Jeffrey Benkoe)© Thomson Reuters 2008 All rights reserved Share: Next Article: The Great DebateThe Federal Reserve...

DEALTALK-Private equity firms grateful for looser deal terms

Reuters UK (Free subscription) | 30/10/2008

... $17.6 billion buyout of Freescale Semiconductor and the $26 billion takeover of payment processor First Data Corp, according to RLPC.

JPMorgan Chase Completes Ownership Transition of Chase Paymentech

Business Wire (Free subscription) | 03/11/2008

JPMorgan Chase Completes Ownership Transition of Chase PaymentechChase Paymentech Completes Move to Single-Owned, Payments-Agnostic Payment Processing BusinessDALLAS--()--Chase Paymentech, a leader in merchant acquiring and payment processing, today announced the completion of its transition from a joint venture with First Data Corp to a wholly-owned unit of JPMorgan Chase. The assets...

Western Union shares get crunched

Denver Post (Free subscription) | 22/10/2008

The global credit crunch took its toll on Western Union on Tuesday, shaving nearly $3 billion in market value from the money- transfer leader after it tempered financial expectations. Western Union shares fell $3.63, or 17.8 percent, to close at $16.75, their worst daily decline since the company spun off from First Data Corp. more than two years ago. Until recently, Western Union appeared...