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Alliance Data Systems Corp (ADS.N)

ADS.N on New York Stock Exchange

47.84USD
14 Aug 2020
Change (% chg)

$0.73 (+1.55%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Alliance Data Systems Q2 Earnings Per Share $0.81 From Continuing Operations
Thursday, 23 Jul 2020 

July 23 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA REPORTS SECOND QUARTER RESULTS.Q2 REVENUE $979 MILLION VERSUS REFINITIV IBES ESTIMATE OF $1.14 BILLION.Q2 EARNINGS PER SHARE $0.81 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE ESTIMATE $1.06 -- REFINITIV IBES DATA.ADDITIONAL COST SAVINGS OF MORE THAN $100 MILLION EXPECTED IN SECOND HALF OF 2020.ADDITIONAL COST SAVINGS OF MORE THAN $100 MILLION EXPECTED IN SECOND HALF OF 2020.EXPENSE REDUCTION PROGRAMS ACHIEVED APPROXIMATELY $50 MILLION IN COST SAVINGS.SALES ACTIVITY IMPROVED PROGRESSIVELY THROUGHOUT Q2.ALLIANCE DATA SYSTEMS - EXPECT TO ENTER 2021 AS A MUCH LEANER ORGANIZATION WITH A FLEXIBLE CORPORATE STRUCTURE THAT CAN RESPOND QUICKLY TO CHANGES IN MARKET DYNAMICS.WE REAFFIRM EXPECTATION ALLIANCE DATA WILL REMAIN EBT AND CASH FLOW POSITIVE IN 2020.  Full Article

Alliance Data Stockholders Elect John Gerspach Jr. & Rajesh Natarajan To Board Of Directors
Wednesday, 10 Jun 2020 

June 10 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA STOCKHOLDERS ELECT JOHN C. GERSPACH, JR. AND RAJESH NATARAJAN TO BOARD OF DIRECTORS.ALLIANCE DATA SYSTEMS - APPOINTMENT OF LONG-STANDING DIRECTOR ROGER H. BALLOU AS BOARD CHAIR.ALLIANCE DATA SYSTEMS - GERSPACH JOINS BOARD AFTER MOST RECENTLY SERVING AS CFO OF CITIGROUP, INC.  Full Article

Alliance Data Reports Q1 EPS Of $0.63
Thursday, 23 Apr 2020 

April 23 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA REPORTS FIRST QUARTER RESULTS.Q1 REVENUE $1.38 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.28 BILLION.QTRLY EARNINGS PER SHARE $0.63.QTRLY INCOME FROM CONTINUING OPERATIONS PER SHARE $0.63.SUSPENDING SHARE REPURCHASE PROGRAM AND REDUCING DIVIDEND PAYMENTS.Q1 EARNINGS BELOW LAST YEAR'S LEVELS, AS CO INCREASED PROVISION FOR LOAN LOSS BY $404 MILLION.CARD SERVICES REVENUE INCREASED 5% TO $1.18 BILLION.SUSPENDING PREVIOUS GUIDANCE FOR 2020.Q1 EARNINGS PER SHARE VIEW $2.78 -- REFINITIV IBES DATA.QTRLY CORE EPS $0.75.ALLIANCE DATA SYSTEMS - 2020 TO BENEFIT FROM $150 MILLION IN PREVIOUSLY-IMPLEMENTED COST SAVINGS; ADDITIONAL EXPENSE REDUCTIONS UNDERWAY.  Full Article

Alliance Data Reports Q4 Earnings Per Share $2.74
Thursday, 30 Jan 2020 

Jan 30 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA REPORTS FULL-YEAR 2019 RESULTS.Q4 REVENUE $1.46 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.5 BILLION.Q4 EARNINGS PER SHARE $2.74.Q4 CORE EARNINGS PER SHARE $4.12.Q4 EARNINGS PER SHARE ESTIMATE $4.34 -- REFINITIV IBES DATA.DURING 2020, MANAGEMENT AND BOARD OF DIRECTORS WILL CONTINUE TO EVALUATE STRATEGIC OPPORTUNITIES".SEES 2020 REVENUE OF $5.6 BILLION.SEES 2020 CORE EPS OF $20.50.FY2020 EARNINGS PER SHARE VIEW $20.45, REVENUE VIEW $5.70 BILLION -- REFINITIV IBES DATA."FINANCIAL RESULTS CERTAINLY DID NOT MEET ORIGINAL EXPECTATIONS".  Full Article

Alliance Data Systems Sets Quarterly Cash Dividend Of $0.63 Per Share
Thursday, 30 Jan 2020 

Jan 30 (Reuters) - Alliance Data Systems Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.63PER SHARE.  Full Article

Alliance Data Systems Corp's Melisa A. Miller Resigns As CEO
Saturday, 4 Jan 2020 

Jan 3 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA SYSTEMS CORP - MELISA A. MILLER RESIGNED FROM HER POSITION AS PRESIDENT, CEO AND A MEMBER OF BOARD.ALLIANCE DATA SYSTEMS CORP - MILLER TRANSITIONED TO ADVISORY ROLE WITH THE COMPANY.ALLIANCE DATA SYSTEMS CORP - MILLER RESIGNED ON NOV. 18, 2019.ALLIANCE DATA SYSTEMS CORP - ON DEC. 28, 2019, EXECUTIVE TRANSITION AND SEPARATION AGREEMENT BETWEEN CO & MILLER BECAME EFFECTIVE.  Full Article

Alliance Data Systems Corp Announces Proposed Offering Of $600 Million Of Senior Notes
Monday, 16 Dec 2019 

Dec 16 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA SYSTEMS CORPORATION ANNOUNCES PROPOSED OFFERING OF $600 MILLION OF SENIOR NOTES.ALLIANCE DATA SYSTEMS - PROPOSES TO OFFER $600.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2024.ALLIANCE DATA SYSTEMS - INTENDS TO USE PROCEEDS TO REPAY PORTION OF OUTSTANDING INDEBTEDNESS UNDER TERM LOANS PROVIDED FOR EXISTING CREDIT AGREEMENT.  Full Article

Alliance Data Names Ralph Andretta As New President And CEO
Tuesday, 19 Nov 2019 

Nov 18 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA NAMES NEW PRESIDENT AND CEO.ALLIANCE DATA SYSTEMS CORP - ALLIANCE DATA VICE CHAIRMAN CHARLES HORN TO SERVE AS ACTING CEO DURING INTERIM PERIOD.ALLIANCE DATA SYSTEMS CORP - RALPH ANDRETTA WILL JOIN COMPANY AS PRESIDENT AND CEO EFFECTIVE EARLY FEBRUARY 2020.ALLIANCE DATA SYSTEMS CORP - PREVIOUSLY ANNOUNCED GUIDANCE AFFIRMED.ALLIANCE DATA SYSTEMS CORP - ANDRETTA SUCCEEDS MELISA MILLER.ALLIANCE DATA SYSTEMS - ANDRETTA JOINS ALLIANCE DATA FROM CITIGROUP, WHERE HE RECENTLY SERVED AS MANAGING DIRECTOR AND HEAD OF ITS U.S. CARDS BUSINESS.  Full Article

Alliance Data Selected To Provide Co-Brand Credit Card Services For Sony As Part Of New Agreement
Tuesday, 12 Nov 2019 

Alliance Data Systems Corp ::ALLIANCE DATA SELECTED TO PROVIDE CO-BRAND CREDIT CARD SERVICES FOR SONY AS PART OF NEW AGREEMENT.ALLIANCE DATA SYSTEMS CORP SAYS ITS CARD SERVICES BUSINESS HAS SIGNED A MULTI-YEAR AGREEMENT WITH SONY REWARDS, A DIVISION OF SONY.ALLIANCE DATA SYSTEMS CORP - MULTI-YEAR AGREEMENT TO PROVIDE TURNKEY CO-BRAND CREDIT CARD SERVICES FOR SONY AND PLAYSTATION CREDIT CARDS.  Full Article

Alliance Data Announces Commencement Of Modified Dutch Auction
Friday, 19 Jul 2019 

July 19 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA ANNOUNCES COMMENCEMENT OF MODIFIED DUTCH AUCTION.ALLIANCE DATA SYSTEMS CORP - TENDER OFFER TO PURCHASE SHARES OF ITS COMMON STOCK FOR AN AGGREGATE PURCHASE PRICE OF NOT MORE THAN $750 MILLION.ALLIANCE DATA SYSTEMS CORP - BUYBACK AT A PRICE NOT GREATER THAN $162.00 NOR LESS THAN $144.00 PER SHARE TO SELLER IN CASH.  Full Article