Lender Processing Services (LPS)

3 results about this entity

Period: 07 Jul 2008 - 20 Apr 2009

Temenos, Polaris, and Online Resources lead Finextra50 higher

Steady financial results for Online Resources and impressive year-on-year growth for Polaris Software Labs saw these two companies post strong gains on the Finextra50 Financial Technology Index last week. The index closed up 1% to 66.24. Lender Processing Services led the fallers, dropping 14.2% after being linked to a US Department of Justice investigation.

Actuate knocks back buyout bid; EXLService eyes outsourcing acquisitions

The Finextra50 Financial Technology Index closed down 3.03% to 53.13 last week. GlobeOp led the fallers, losing almost half its share value on concerns about the strength of the hedge fund industry, while Online Resources, Actuate and EXLService rose on the back of trading outlook and strategic announcements.

Lender Processing Services joins the Finextra50 index

Lender Processing Services (LPS), the subsidiary spun off in a separate NYSE listing by Fidelity National Information Services last week, has entered the Finextra50 Financial Technology Index. The index fell .8% to 80.92 in a short week for US markets. The Innovation Group saw the biggest gain while Bravura led the losers.