Fiserv CEO Takis Georgakopoulos announced the unification of the company's Financial Solutions and Merchant Solutions divisions to unlock new growth opportunities. This restructuring aims to better utilize overlapping capabilities and products like the issuing platform, debit network, and Stonecastle Cash Management. The company also plans to expand the use of its Finxact ledger technology beyond banking cores to enterprise clients. This move follows earlier strategic shifts, including divestments and a focus on competitive product investments to improve client service and operational efficiency under the One Fiserv action plan.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
TD Bank has committed $108 billion CAD over five years to support Canada's infrastructure and stimulate economic growth. This initiative aims to drive new lending and investments in key sectors during a significant investment supercycle projected to ...
GameStop announced it will reopen select stores starting September 11 after closing many locations to cut costs. This move coincides with company insiders, including CEO Ryan Cohen and board member Alain Attal, investing over $20 million in GameStop ...
