FactSet Reports Record Results for the Fourth Quarter of Fiscal 2015
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Factset Research Systems (FDS) to Acquire Portware in $265M Deal
September 22, 2015 7:04 AM EDTFactset Research Systems (NYSE: FDS) announced that it has agreed to acquire all the issued and outstanding membership interests of Portware, LLC, for cash consideration of $265 million. FactSet will fund the acquisition with an expansion of its existing revolving credit facility. Following regulatory review, the transaction is expected to close before the end of FactSet's first fiscal quarter.
Portware is an award-winning, multi-asset execution management system ("EMS") that is trusted by the world's largest... More
Factset Research Systems (FDS) Tops Q4 EPS by 1c; Elects New Director
September 22, 2015 7:02 AM EDTFactset Research Systems (NYSE: FDS) reported Q4 EPS of $1.48, $0.01 better than the analyst estimate of $1.47. Revenue for the quarter came in at $261.78 million versus the consensus estimate of $261.76 million.
Factset Research Systems sees Q1 2016 EPS of $1.51-$1.53, versus the consensus of $1.49. Factset Research Systems sees Q1 2016 revenue of $265-269 million, versus the consensus of $265.9 million.
Election of new Director, Laurie Siegel
On September 21, 2015, the Board of Directors of... More
