Posted on March 19, 2010

First Data

http://www.firstdata.com/en_us/about-first-data/media/press-releases/03_11_10_02 http://www.firstdata.com/en_us/about-first-data/media/press-releases/03_11_10 Michael Capellas is gone on the day that earnings are announced. 4Q09 (EBITDA) was down to $530 million compared to $645 million prior year.  As a friend told me yesterday, it is quite telling that they put Joe Forehand (former chairman and CEO of Accenture) as the interim CEO. Accenture has a huge … Continue reading

SWAGG

What is this? In a nutshell it seems to be a software app that provides for consolidation and creation of pre-paid gift cards. Allowing gift card bar code to be displayed on a cell phone screen so it can be scanned by merchants. Continue reading