A lawsuit filed against Fiserv, Inc. claims the company misled investors by not disclosing issues with its Payeezy platform migration to Clover. The suit alleges that Clover's revenue and transaction growth were temporarily inflated by forced merchant conversions, masking a slowdown in new business. It also claims many former Payeezy merchants left due to Clover's high costs and technical problems, causing a decline in growth. Fiserv filed a motion to dismiss the case on August 11, 2026, and investors holding shares before February 2024 are advised to contact the Shareholders Foundation for options.
Valeura Energy reported exceptional Q2 results with realized oil prices at $77.10 per barrel and adjusted cash flow from operations of $154 million, largely due to production in the Gulf of Thailand priced off Dubai benchmarks. Despite these strong r...
Kyowa Kirin, a global specialty pharmaceutical company, is implementing the AI platform Benchling at its Tokyo and Fuji Research Parks to enhance research and development. Supported by Cognizant, Benchling will automate workflows, integrate data mana...
Bitcoin's price struggles around $63,000 amid delays in US crypto regulation and significant outflows from US spot Bitcoin ETFs. The US Senate postponed the Digital Asset Market Clarity Act, a key bill aimed at clarifying crypto market rules, pushing...
Capital One Financial offers five preferred share options, with Series I preferred shares favored for their higher dividend yield and lower sensitivity to interest rates. The bank's acquisition of Discover Financial has been smoothly integrated, supp...
Safepal, a hardware wallet maker, disclosed a data breach affecting 39,798 customers due to a flaw in an order tracking plugin. The breach exposed names, emails, shipping addresses, phone numbers, and purchase details from orders between March 2025 a...
