Fidelity completes Metavante merger Oct 2, 2009
On Sept. 4 FIS announced its shareholders approved the issuance of FIS common stock for the merger of Metavante as well as issuing approximately 16 million shares of stock to and Fidelity National Financial Inc. in connection with the equity investment the two companies made into FIS to complete the merger. At the time the merger was announced the combination would have approximately 33,000 employees and 27 operation centers worldwide in 90 countries. (Jacksonville Business Journal, FL)
Fidelity National Financial sells off subsidiary Sep 30, 2009
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Sleep-at-night-money lost in Lehman lesson Sep 10, 2009
"The market was frozen, and nobody could buy or sell," said Jack Winters, a retired 33-year veteran of the industry who worked for Federated Investors Inc, Fidelity National Financial Inc. and Lehman. "The only bids were low-ball. How do you set prices for securities in that environment?". (Sydney Morning Herald -- Business)
Shareholders approve Metavante-Fidelity merger; closing set for Oct. 1 Sep 5, 2009
Metavante shareholders approved the acquisition of Metavante, while Fidelity shareholders approved the issuance of approximately 16 million shares of Fidelity common stock to affiliates of and Fidelity National Financial Inc. in connection with the equity investments in Fidelity to be made by those parties with the completion of the merger. In the deal announced April 1, financial technology provider Metavante Technologies (NYSE: MV) agreed to be purchased by Fidelity National Information... (Milwaukee Business Journal, WI)
Initial jobless claims rose to 558,000 Aug 14, 2009
Businesses announcing staff reductions range from Jacksonville, Florida-based Fidelity National Financial Inc., the largest U.S. title insurer, to New York-based phone provider Verizon Communications Inc.. US Airways Group Inc., the smallest full-fare U.S. carrier, will cut 600 airport service and baggage-handling jobs to reduce costs after the peak summer travel season ends in September. (AZCentral -- Business)
FNF earnings soar in 2Q Jul 29, 2009
Fidelity National Financial s stock closed at $13. 53 per share Monday. (Jacksonville Business Journal, FL)
Fidelity companies name new board members May 29, 2009
Fidelity National Financial Inc.'s shareholders approved Frank P. Willey and Willie D. Davis to a three year term on its board ending in 2012. Both men served as directors on the board after the old FNF spin-off in October 2005. (Jacksonville Business Journal, FL)
LPS earnings hit by subsidiary exchange May 16, 2009
Earnings attributable to LPS were impacted by a $2 million equity loss for acquiring the remaining 61 percent interest in , or FNRES, from Fidelity National Financial Inc. (NYSE: FNF). In exchange, FNF took all of LPS s interest in a division called. (Jacksonville Business Journal, FL)
Home Buyers' Suit Seeks to Bar Overcharges by Title Insurers May 5, 2009
The named plaintiffs in Chassen v. Fidelity National Financial, 09-Civ. -291, are nine home buyers who claim they were overcharged amounts ranging from $95 to $350 for the recording of deeds and mortgages. (Law.com)
Petro-Canada reports earnings, Tuesday Apr 28, 2009
Fidelity National Financial Inc. reports. First-quarter share profit of 12 cents (U.S.) is forecast, down from 13 cents last year. (Globe and Mail -- Business)
Fidelity National Financial, Inc. Announces Pricing for Public Offering of Common Stock Apr 15, 2009
April 14 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE: ), a leading provider of title insurance, specialty insurance, claims management services and information services, today announced that it has priced its offering of 15,800,000 shares of its common stock at $19 ... Fidelity National Financial, Inc. (NYSE: ), is a leading provider of title insurance, specialty insurance, claims management services and information services ... SOURCE Fidelity National Financial, Inc.. (PR Newswire)
AG settles with Certegy marketing firm Apr 10, 2009
Certegy was by Jacksonville-based Fidelity National Financial Inc. in 2006. The Attorney General s Economic Crimes Division obtained a consent judgment against the company, requiring VICI to pay $350,000 to reimburse the investigative costs associated with the matter and for ongoing and future investigation and enforcement efforts, a release said. (Jacksonville Business Journal, FL)
Metavante to be acquired by Fidelity National Apr 2, 2009
The transaction also includes equity investments from affiliates of and Fidelity National Financial Inc. in Fidelity common stock, which will result in approximately 16 million newly issued shares. Together, the combined company will provide one of the most comprehensive ranges of integrated products and services, across more markets and more geographies worldwide than any other provider in the industry, Fidelity said in a press release. (Jacksonville Business Journal, FL)
Martire to lead new Fidelity Apr 2, 2009
The transaction also includes equity investments from by affiliates of and Fidelity National Financial Inc. in Fidelity common stock which will result in approximately 16 million additional newly issued shares. Metavante chairman and CEO Frank Martire will become president and CEO of Fidelity after the merger. (Milwaukee Business Journal, WI)
Investors Title doing Fine despite loss Feb 18, 2009
LandAmerica filed for bankruptcy in late 2008, selling off much of its business to competitor Fidelity National Financial Inc., and now plans to shut its doors by the end this year. Still, Fine says, business is slower than it has been in a while. (Raleigh Triangle Business Journal, NC)
