Concord EFS Prereleases Quarterly Results.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--Dec. 23, 1997--Concord EFS EFS Encrypted File System (Microsoft Windows 2000) EFS Event Free Survival (survival rates in clinical trials) EFS Evangeliska Fosterlandsstiftelsen (Sweden) announced today that based on quarterly trends and current internal information management expects fourth quarter earnings to be $.20 to $.22 per share compared to $.14 for the same quarter last year. Management has received questions about the strength of the quarter and spending habits of consumers across its merchant base in retail stores and supermarkets. Also, Concord previously announced a pending acquisition of Pay Systems of America, Nashville, Tenn. This acquisition was consummated on Dec. 15, 1997. Concord EFS provides electronic transaction authorization processing, settlement and funds transfer services in select niche markets. Concord's primary activity is card processing services, which provides credit card, debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and electronic benefit transer (EBT EBT See: Earnings Before Taxes ) acceptance to small retailers, supermarkets and convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. . Concord EFS also provides direct deposit accounts and payroll services to employees of its customers through its subsidiaries. CONTACT: Concord EFS, Memphis Edward A. Labry, 901/371-8000 |
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