Cannae Holdings, Inc. Calls on Shareholders to Back Its Director Candidates at the Annual Meeting on December 12
Cannae's Board Nominees: Cannae Holdings is urging shareholders to vote for its four director nominees—Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey—who possess extensive experience in areas critical to the company's long-term strategy, in contrast to the nominees proposed by Carronade Capital.
Threat from Carronade Capital: Carronade Capital's attempt to replace Cannae's directors with candidates focused on distressed debt and restructuring poses a risk to Cannae's strategy aimed at long-term value creation, as these nominees lack relevant operational experience.
Board Refreshment and Governance: Cannae has made significant changes to its Board over the past 21 months, including appointing independent directors and enhancing governance practices to align with shareholder interests and support sustainable growth.
Importance of Shareholder Vote: The company emphasizes the importance of voting on the WHITE proxy card to maintain a skilled and independent Board that aligns with Cannae's strategic goals, urging shareholders to act before the upcoming Annual Meeting on December 12, 2025.
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- Investigation Context: Halper Sadeh LLC is investigating whether certain officers and directors of Fidelity National Information Services, Inc. (NYSE: FIS) breached their fiduciary duties to shareholders, potentially impacting corporate governance.
- Shareholder Rights: Long-term shareholders of FIS may seek corporate governance reforms, return of funds, court-approved financial incentives, or other relief, which could enhance shareholder value significantly.
- Legal Fee Structure: The firm will handle the action on a contingent fee basis, meaning shareholders will not be responsible for out-of-pocket legal fees or expenses, thereby reducing the financial burden of participation.
- Importance of Participation: Shareholder involvement can improve the company's policies, practices, and oversight mechanisms, fostering transparency and accountability, which can enhance management effectiveness and shareholder value.
- Earnings Announcement Schedule: FIS is set to release its Q4 2025 financial results on February 24 prior to market open, reflecting the company's ongoing performance and growth in the fintech sector.
- Investor Conference Call: The company will host a live webcast of its earnings conference call at 8:30 a.m. (EST) on the same day, aimed at fostering in-depth communication with the investment community to enhance transparency and trust.
- Replay Availability: A replay of the earnings call will be made available after its conclusion, ensuring that investors who cannot participate live can access key information, thereby improving information accessibility.
- Company Background: FIS is a global leader in financial technology, providing solutions to financial institutions and businesses, leveraging decades of industry experience to help clients meet market demands and drive business growth.
- Apple Dividend Announcement: Apple's board has declared a cash dividend of $0.26 per share, payable on February 12, 2026, to shareholders of record as of February 9, 2026, reflecting the company's commitment to shareholder returns and enhancing market confidence.
- FIS Dividend Increase: FIS announced a 10% increase in its quarterly dividend to $0.44 per share, payable on March 24, 2026, to shareholders of record as of March 10, 2026, indicating robust growth and profitability in the financial technology sector.
- Schwab Dividend Growth: Charles Schwab's board declared a 19% increase in its quarterly cash dividend to $0.32 per share, payable on February 27, 2026, to stockholders of record as of February 13, 2026, showcasing the company's confidence in future earnings growth.
- Otis Dividend Declaration: Otis Worldwide's board declared a quarterly dividend of $0.42 per share, payable on March 13, 2026, to shareholders of record as of February 13, 2026, demonstrating the company's commitment to returning value to shareholders.
- Dividend Increase: FIS announced a 10% increase in its quarterly dividend to $0.44 per share, reflecting the company's ongoing financial health and profitability, which is expected to boost investor confidence and attract more shareholders.
- Payment Date: The dividend will be payable on March 24, 2026, to shareholders of record as of March 10, 2026, ensuring timely returns for investors and further solidifying the relationship between the company and its shareholders.
- Company Background: FIS is a global leader in financial services technology, providing solutions to financial institutions, businesses, and developers, leveraging decades of industry experience to help clients innovate while ensuring reliability in financial technology.
- Market Position: As a member of the Fortune 500 and the S&P 500 Index, FIS's market position enhances its influence in the fintech sector, indicating strong growth potential and stability for the company moving forward.
- Dividend Increase: FIS announced a 10% increase in its quarterly dividend to $0.44 per share, reflecting the company's strong financial performance and commitment to shareholder returns.
- Payment Schedule: The dividend will be payable on March 24, 2026, to shareholders of record as of March 10, 2026, ensuring timely returns for investors and boosting confidence in the stock.
- Company Overview: FIS is a global leader in financial services technology, providing solutions to financial institutions and businesses, leveraging decades of experience to drive innovation in the fintech sector.
- Market Position: As a member of the Fortune 500 and S&P 500 indices, FIS's dividend increase not only signifies its robust financial health but also has the potential to attract more investor interest in its stock.
- Stock Decline: Fidelity National's stock fell approximately 4% on Tuesday to around $60.60 per share, marking a 52-week low, reflecting market concerns over its long-term performance despite its dominant position in banking technology.
- Acquisition Losses: After acquiring Worldpay for about $43 billion in 2019, Fidelity realized the mismatch and sold off 55% of its stake for $11.7 billion in 2023, leading to net losses extending into 2024, which adversely affected the company's financial health.
- Cash Flow Improvement: In the last quarter, Fidelity's free cash flow surged by 101% to about $800 million, indicating progress in operational efficiency, although it still faces challenges due to insufficient investment.
- Outlook Forecast: Fidelity raised its revenue guidance for fiscal 2025 to a growth of 5.4% to 5.7% and reiterated its adjusted earnings-per-share growth forecast of 10% to 11%, demonstrating a gradual recovery in confidence as it navigates its transformation.









