Tuesday, December 21, 2010
TSG report looks at top public payment companies
The top public payment companies had a strong third quarter, despite tough economic conditions, according to the latest analysis from The Strawhecker Group. Titled Public Payments Companies Analysis, the report looks at the strategies and tactics driving financial performance at the top 11 publicly traded payments companies.
The report covers First Data Corp., TSYS Acquiring Solutions, Global Payments Inc., Heartland Payment Systems Inc., Fidelity National Information Services Inc., Visa Inc., MasterCard Worldwide, American Express Co., Discover Financial Services, VeriFone Inc. and Hypercom Corp. (which is being acquired by VeriFone).
The report contains TSG's Payments Index, which comprises 31 publicly traded companies. The index has gained 22 percent since the third quarter of 2009, compared to a return of 8 percent for the S&P 500 index over the same period.
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