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Fleetcor Technologies Inc - FLT STOCK NEWS

Welcome to our dedicated news page for Fleetcor Technologies (Ticker: FLT), a resource for investors and traders seeking the latest updates and insights on Fleetcor Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fleetcor Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fleetcor Technologies's position in the market.

Rhea-AI Summary
Corpay1, a FLEETCOR® (NYSE: FLT) brand, announces the establishment of a new back-office support centre in Chennai, India, to support internal processes globally, marking a significant milestone in the company's global growth and commitment to serving internal stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
none
-
Rhea-AI Summary
Corpay1, a FLEETCOR brand (NYSE: FLT), announces the appointment of Andrew Shortreid, CFA as the new SVP Global Institutional Sales for Corpay's Cross-Border business. With over 20 years of experience in the investment management industry, Andrew will lead a team focused on advancing the company’s Cross-Border solutions sales efforts to institutional customers in the asset management and private equity sectors, along with financial services firms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
management
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Rhea-AI Summary
Corpay1, a FLEETCOR brand (NYSE: FLT), has appointed Roy Farah as the new SVP Global Payments Solutions for its Cross-Border business. With over 23 years of experience in cross-border payments and currency risk management, Roy brings a wealth of expertise and knowledge to the company. His role will involve leading the development and commercialization of key integrated payment verticals across the Cross-Border business, aiming to build a world-class cross-border payments automation firm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
management
Rhea-AI Summary
FLEETCOR Technologies, Inc. (NYSE: FLT) to participate in investor conferences. The company will host fireside chats at the UBS Global Technology Conference on November 28, 2023, and at the Raymond James TMT and Consumer Conference on December 4, 2023. Investors can access the presentations on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
conferences
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Rhea-AI Summary
Reveel + Corpay Partnership Revolutionizes Financial Management for Small Businesses
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
partnership
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Rhea-AI Summary
FLEETCOR Technologies, Inc. (NYSE: FLT) reported strong Q3 2023 results, with 9% revenue growth to $970.9 million and 6% adjusted net income per share growth. The company completed the acquisition of the world's second largest mobile parking operator, driving organic revenue growth of 10%. EBITDA increased 13% to $528.9 million, and adjusted net income per diluted share increased 6% to $4.49. The company updated its fiscal year 2023 outlook, expecting approximately 10% and 11% growth in fourth quarter revenue and adjusted net income per share, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
earnings
Rhea-AI Summary
FLEETCOR Technologies, Inc. has announced the acquisition of PayByPhone, a global provider of digital parking payment solutions. This acquisition expands FLEETCOR's vehicle payment solutions for fleet customers and consumers. PayByPhone has over 2 million active monthly consumers in the UK.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
acquisition
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Rhea-AI Summary
Corpay1, a FLEETCOR brand, has launched Risk Visualizer, a solution designed to transform foreign exchange risk management. It helps business and financial managers monitor currency exposure and make well-informed hedging decisions. Risk Visualizer automates and streamlines the process of generating real-time analysis of potential FX risks and provides a list of risk management instruments. It is already being used by small and medium-sized enterprises in North America and Australia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
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Rhea-AI Summary
Corpay has entered into an Official Marketing Partnership with Cirque du Soleil to provide currency risk management solutions. Cirque du Soleil will gain access to Corpay's innovative solutions to mitigate its foreign exchange exposure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
Rhea-AI Summary
FLEETCOR Technologies, Inc. will host a conference call to discuss Q3 2023 financial results on November 8, 2023. A press release with the results will be issued after the market close on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
earnings
Fleetcor Technologies Inc

NYSE:FLT

FLT Rankings

FLT Stock Data

21.79B
69.36M
1.56%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
US
Atlanta

About FLT

fleetcor is a leading global provider of fuel cards and specialized payment products to businesses. fleetcor's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. fleetcor serves over 500,000 commercial accounts with millions of cardholders across the united states, canada, mexico, europe, africa and asia. for more information, please visit www.fleetcor.com. we have developed an extremely successful company based on our core principles; determination, drive, outstanding value, industry leading products, and quality people. as a result fleetcor has grown more than 40% over the last 10 years and is the world's largest provider of commercial fleet card programs. through our organic growth initiatives, strategic acquisitions, and solid business acumen, that growth will continue. to maintain our top position in the industry, it is vital to continual