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Main » 2016 » January » 28

Full-Year 2015 Net Income of $15.9B, EPS of $1.31(1)

CHARLOTTE, N.C. - Wednesday, January 27th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Bank of America (NYSE: BAC):

To view the full report and tables please click here.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation.

View this news release online at:

http://www.businesswire.com/news/home/20160119005701/en     

Contacts

Investors May Contact:

Lee McEntire, Bank of America, 1.980.388.6780

Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112

 

Reporters May Contact:

Jerry Dubrowski, Bank of America, 1.980.388.2840

jerome.f.dubrowski@bankofamerica.com

 

 

 

Permalink: http://me-newswire.net/news/168 ... Read more »

Views: 103 | Added by: uaeonlinenews | Date: 01.28.2016

Dubai, United Arab Emirates - Sunday, January 24th 2016 [ME NewsWire]

A new report from ACCA (the Association of Chartered Certified Accountants) outlines the key things business leaders in the oil and gas sector need to master if they want to be successful in the most volatile and competitive era the sector has ever seen.

With oil prices plummeting to below $30 dollars a barrel today for the second time this week and further drops in price not out of the question, Faye Chua, head of futures at ACCA says:

“Right now, the risk of going under is a very real one for many oil and gas companies. Three major factors have combined to create a perfect storm in the sector. One – lower cash-flows due to depressed oil prices. Two - the existing debt overhang. And three - the so-called ‘great crew change’ as the impending retirement of senior expert professionals over the next five years leaves a talent vacuum in its wake.”

Business ... Read more »

Views: 121 | Added by: uaeonlinenews | Date: 01.28.2016 | Comments (0)

Transformative Acquisition Accelerates TSYS’ Growth Strategy Enhances Scale and Scope as a Payments Platform

COLUMBUS, Ga. - Thursday, January 28th 2016 [ME NewsWire]

(BUSINESS WIRE)-- TSYS® (NYSE: TSS), a leading global payment solutions provider, today announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading U.S. merchant solutions provider, in an all-cash transaction valued at approximately $2.35 billion.

TransFirst delivers merchant solutions to more than 235,000 small and medium-sized businesses in the U.S. through its proprietary technology, end-to-end customized and multi-channel products and superior customer service. The transaction enhances TSYS’ offering and position in the high-growth areas of integrated payments, e-commerce and omni-channel services. As a result of the transaction, TSYS will be the 6th largest U.S. acquirer based on net revenue, su ... Read more »

Views: 95 | Added by: uaeonlinenews | Date: 01.28.2016

PARIS - Wednesday, January 27th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Murex, the distinguished provider of capital markets and treasury solutions, is proud to announce that it has been named as a Leader in the 2015 Gartner Magic Quadrant for Trading Platforms (D.Furlonger, F.Chesini, December 2015). Murex has been positioned the furthest along the ability to execute axis.

“We are delighted that Murex is positioned in the Leaders Quadrant. We feel this result is a validation of our market understanding and our ability to leverage our vision, a vision of solutions that strive to support a wide range of financial of institutions as they redefine their technology infrastructure” says Stella Clarke, Murex, Chief Marketing Officer.

With 30 years of expertise and a steadfast dedication to the financial industry, Murex demonstrates a strong track record in helping institutions respond to evolving market conditions and convert constraints into business oppo ... Read more »

Views: 95 | Added by: africa-live | Date: 01.28.2016 | Comments (0)