The Traderszone Network

Published in TZ Latest News 2 May, 2017 by The TZ Newswire Staff

FleetCor To Buy Cambridge Global Payments For $675M

In the wake of a series of negative reports by Citron Research about FleetCor Technologies, the workforce payments company, and positive reports from sell-side firms, the company said Monday that revenues for the first quarter were up 25 percent, ahead of expectations. Adjusted for commissions, that growth rate came in at 29 percent. Transactions across North America were up 9 percent to $474 billion.

read more