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Home > Company Index > Financial Services > Services to Financial Companies > Concord EFS, Inc.

Concord EFS, Inc.
Nasdaq: CEFT
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 NEWS FROM THE WIRES
Concord EFS earnings up on higher sales
Jul 26 2001 04:16 AM PDT

RESEARCH ALERT-Bear Stearns starts Concord at buy
Jul 18 2001 08:58 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
After the Bell: Picking Up the Pieces
Mar 30 2001 03:26 PM PST

When Goldman Quits on Tech, Can Capitulation Be Far Behind?
Mar 01 2001 12:49 PM PST

News Briefs
Mar 15 1999 12:00 AM PST

 PROFILE
Concord EFS supplies the infrastructure for cashless commerce. Concord's payment services include electronic payment and verification terminals and credit and debit card transaction processing for retailers, primarily supermarkets, grocery stores, and convenience stores. The firm's network services provide ATMs in truck stops nationwide. Concord also provides trucking companies and truck drivers with ATM bank cards, fuel purchase cards, and banking services, including payroll processing. Concord's largest subsidiary is EFS National Bank, an electronic processing hub that offers almost no traditional banking services. The company has been expanding through acquisitions.

 COMPETITION
First Data Corporation (FDC)
National City Corporation (NCC)
Total System Services, Inc. (TSS)

 DEALS
Deal: Concord EFS Buys Star Systems
Date Announced: 10.09.00
Value of transaction (US $Mil): 853.8
Description: E-commerce transaction processor buys electronic payment company.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,229.40
1-Yr. Sales Growth: 48.1%
Employees: 2,119
Revenue per employee: $580,179.33

 KEY PEOPLE
• Dan M. Palmer
    CEO
• Edward T. Haslam
    CFO

 CONTACT INFO
2525 Horizon Lake Dr., Ste. 120
Memphis, TN 38133
US
Phone: 901-371-8000
Fax: 901-371-8050
Online: Web Site

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