Fiserv shares tumble a record 46% after profit forecast slashed

Date:

Share post:


Fiserv Inc. plunged by the most ever after the fintech slashed its outlook for full-year earnings and announced a broad overhaul of its board and top leadership committee. The company, one of the largest providers of technology to banks, cut its estimate for this year’s adjusted earnings per share to $8.50 to $8.60 from the […]



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

The Investment Opportunity of the Decade Is Here (But Not For Long)

Register for my investing Workshop & get Market Briefs as a bonus: My recommended tools*! *Please note: Yes,...

More complex deals are driving demand for brokers beyond rate shopping

As deals grow more complex, industry leaders say brokers are being valued for advice, product expertise and...

Passive vs. Active in DC Plans

Passive exposure in defined contribution plans is not just a function of fund selection. It varies by...

SEC Small Business Capital Formation Advisory Committee Tells Commission To Improve Finders Framework

Finders is an amorphous activity where an individual or entity matchmakes money with private firms in need...