Mark Basch - Profile and Journalist Details
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Mark Basch
Verified
Contributor, The Daily Record (Jacksonville, FL)
Florida
Beats
wine, theater, culture climate change, cuisine, travel advocacy, music, film dance,arts
Gender Topics
Content
By Mark Basch| The Daily Record (Jacksonville, FL) Verified CSX Corp. reported lower first-quarter earnings that were below expectations, but the global trade war is not having a big impact, CEO Joe Hinrichs said. “In the near term, our demand is pretty strong from most of our customer segments,” Hinrichs said in an April 17 interview. However, predicting future results is difficult. “The key word you’re hearing from everybody is uncertainty,” he said.
By Mark Basch| The Daily Record (Jacksonville, FL) Verified Fidelity National Information Services Inc., or FIS, announced a $13.5 billion agreement April 17 to buy the credit processing business of Global Payments Inc. At the same time, Jacksonville-based FIS will sell its 45% stake in payments processing company Worldpay to Global Payments for $6.6 billion. FIS had sold 55% of Worldpay to private equity firm GTCR in February 2024. Atlanta-based Global Payments also is buying GTCR’s majority interest in Worldpay.
By Mark Basch| The Daily Record (Jacksonville, FL) Verified CSX Corp. reported lower first-quarter earnings that were below expectations, but the global trade war is not having a big impact, CEO Joe Hinrichs said. “In the near term, our demand is pretty strong from most of our customer segments,” Hinrichs said in an April 17 interview. However, predicting future results is difficult. “The key word you’re hearing from everybody is uncertainty,” he said.
Company Info
The Daily Record (Jacksonville, FL)
Jacksonville, Florida, United States
+1 904-356-2466