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Fiserv

All articles tagged with #fiserv

business2 months ago•4 min saved

Finance Leaders' Moves and Market Impact Amid Political Transitions

Fiserv, once a Wall Street fintech darling led by Frank Bisignano, has seen its stock plummet 44% after poor quarterly results and revelations of long-standing problems, raising questions about management under Bisignano, who has since resigned and sold significant shares. The company's reputation and financial stability are now in question as it faces lawsuits and struggles to recover, with new leadership attempting to overhaul its culture and operations.

via Financial Times|

#bisignano #business #company-unraveling

business2 months ago•2 min saved

Fiserv's Stock Plunge: From Client Revolt to Market Wipeout

Dominic Ball, a skeptical analyst, warned about Fiserv's issues months before its stock plummeted 44% following a significant earnings miss and guidance cut, highlighting the disconnect between ground realities and Wall Street optimism.

via Yahoo Finance|

#analyst #business #financialtroubles

business2 months ago•0 min saved

Fiserv Stock Plummets Amid Strategy Overhaul and Client Backlash

Fiserv's stock dropped over 7% following reports of customer dissatisfaction with fees on Clover payment systems and news of a strategy overhaul and guidance reset, after a significant 44% plunge the previous day.

via Seeking Alpha|

#business #clover-payment-systems #fees

business2 months ago•7 min saved

Fiserv Faces Worst Day Ever Amid Client Revolt and Leadership Changes

Fiserv's stock plummeted 44%, wiping out $30 billion in market value, after CEO Mike Lyons announced a rollback of fee hikes on Clover, its flagship point-of-sale system, due to customer dissatisfaction and a review revealing management missteps and overpromising growth, highlighting the risks even established fintech companies face from management discipline and customer demand.

via Bloomberg.com|

#business #client-revolt #clover

business2 months ago•1 min saved

Fiserv's Earnings Miss Sparks Major Stock Drop and Leadership Shake-up

Milwaukee-based Fiserv reported third-quarter earnings significantly below expectations, leading to a major leadership shake-up including the appointment of two co-presidents and a new CFO, as the company aims to improve performance and drive sustainable growth.

via Milwaukee Journal Sentinel|

#business #earnings #financial-technology

business2 months ago•4 min saved

Fiserv Stock Plummets 43% Amid Earnings Miss and Leadership Shakeup

Fiserv's stock plummeted 47% after missing earnings expectations and lowering its full-year outlook, surprising analysts and raising concerns about the company's future prospects amid systemic issues across its business units.

via Bloomberg|

#analyst-downgrade #business #earnings-shortfall

business2 months ago•2 min saved

Fiserv's Stock Plummets Amid Earnings Shortfall and Leadership Shakeup

Fiserv's unexpected slowdown, driven by over-reliance on Argentine growth and weakening US and Canadian core businesses, led to a 43% drop in market value and a significant revision of its full-year outlook, highlighting challenges in its overseas expansion and competitive pressures.

via Financial Times|

#argentina #business #company-outlook

business2 months ago•2 min saved

Fiserv Shares Plunge 44% Amid Guidance Cut and Leadership Changes

Fiserv's shares dropped over 40% after missing earnings targets, lowering its revenue and profit forecasts, and announcing leadership changes and a move back to Nasdaq to recover from a significant decline.

via Yahoo Finance|

#business #earnings-miss #fiserv

business2 months ago•1 min saved

Fiserv Shares Plunge After Earnings Miss and Guidance Cut

Fiserv reported a 1% increase in Q3 revenue to $5.26 billion and a 49% rise in EPS to $1.46, but lowered its full-year organic revenue growth forecast from 10% to 3.5-4%, citing mixed segment performance and strategic initiatives to focus on growth pillars.

via Yahoo Finance|

#business #fintech #fiserv

business2 months ago•2 min saved

Fiserv Shares Plunge 44% Amid Earnings and Guidance Misses

Fiserv's stock dropped 44% after the company cut its earnings outlook and announced leadership changes, with revenues and earnings falling short of expectations, prompting strategic adjustments and a move to Nasdaq.

via CNBC|

#business #earnings-guidance #financial-results

business2 months ago•9 min saved

Fiserv Faces Leadership Changes and Stock Plunge Amid Earnings Shortfall

Fiserv announced leadership changes including new Co-Presidents Takis Georgakopoulos and Dhivya Suryadevara, a new CFO Paul Todd, and board refreshment with Gordon Nixon, Céline Dufétel, and Gary Shedlin joining the board, along with the company's third quarter financial results.

via Fiserv|

#board-refreshment #business #executive-appointments

business5 months ago•2 min saved

Fiserv Faces Multiple Lawsuits Over Clover Growth and Investor Misinformation

Fiserv faces a class action lawsuit alleging it misled investors about the growth of its Clover platform by hiding slowdowns and forcing merchant conversions, leading to significant stock declines and ongoing legal and financial scrutiny.

via TipRanks|

#business #clover #fiserv

business5 months ago•2 min saved

Fiserv Faces Multiple Lawsuits Over Clover Migration and Investor Misleading

Fiserv is sued for allegedly forcing merchants to migrate to its Clover POS system and misleading investors about its growth, concealing a slowdown in new merchant sign-ups and losing merchants to competitors. The lawsuit claims Fiserv inflated its growth figures through forced migrations and false statements, leading to a decline in stock value. Fiserv disputes the allegations and plans to defend itself.

via Payments Dive|

#business #clover #fiserv

business5 months ago•1 min saved

Fiserv Stock Declines Amid Disappointing Q2 Results and Softening Outlook

Fiserv's stock dropped over 19% in 2025 despite beating quarterly revenue and EPS estimates, due to a softened outlook and multiple analyst downgrades. The company reported solid growth in revenue and margins, expanded its presence in Canada through a strategic deal with TD Bank, including acquiring part of TD's merchant processing business, and maintained an optimistic revenue and EPS outlook for the year.

via Yahoo Finance|

#business #financial-results #fiserv

business6 months ago•3 min saved

Fiserv and Mastercard Collaborate to Promote Stablecoin Adoption

Fiserv's stock led the S&P 500 after announcing a partnership with Mastercard to offer its stablecoin, FIUSD, across Mastercard's global network, signaling a move towards mainstream stablecoin adoption amid ongoing regulatory discussions and industry activity.

via Investor's Business Daily|

#business #fiserv #mastercard