
or all of the businesses in its insurance segment to raise cash and reduce leverage following the completion of its CheckFree CKFR acquisition, so this sale doesn't surprise us. We view the sale positively, as we would prefer to see the company focus
majority of the long-term intrinsic value of Fiserv resides in the financial segment, and we would not be surprised to see the company sell the insurance segment following the close of the CheckFree CKFR acquisition in order to reduce debt.
Fiserv FISV announced Thursday that it has agreed to buy CheckFree CKFR for $4.4 billion in cash, or $48 per share. While this offer is slightly below our stand-alone fair value estimate, we
Caribbean ( Maintaining ) Lowering Our Fair Value Estimate for CheckFree (Lowering Fair Value) After reviewing CheckFree's CKFR recent acquisitions, we are lowering our fair value estimate, as we believe the company has overpaid. We project revenue to
into our valuation model. Jim Ryan CheckFree Reports Disappointing Fiscal Third-Quarter Results (Maintaining) CheckFree's CKFR fiscal third-quarter results were disappointing, with revenue growing a meager 1% year over year. Excluding the effect of
CheckFree's CKFR fiscal third-quarter results were disappointing, with revenue growing a meager 1% year over year. Excluding the effect of
estimate would fall by $12 per share. Karen Andersen Lowering CheckFree's Fair Value (Lowering) After reviewing CheckFree's CKFR recent acquisitions, we are lowering our fair value estimate to $53 per share from $55, as we believe the company has overpaid
The unrivaled scale, high entry barriers, and brand recognition all contribute to ADP's wide economic moat. CheckFree CKFR CheckFree's transaction-processing business has great growth prospects and is surrounded by a wide economic moat, says Morningstar
CheckFree CKFR announced last week the planned acquisition of Carreker CANI, a provider of payment-processing consulting and advisory services
CheckFree CKFR closed the books on its fiscal 2006 at the end of June and reported the results Tuesday. Revenue, operating earnings, and free