Fiserv Inc., has been consistently making powerful moves with significant developments that show its strength within the industry. They reported robust quarterly results while also announcing an improved outlook for the full year. In a bold move that signals management confidence, Fiserv enacted a share buyback program for 60 million shares. This followed an executive making a significant purchase worth $10 million in the stock. Additionally, Principal Financial Group and other entities have increased their shares in Fiserv, further instilling confidence. Fiserv also presented its strong growth rate, with the Fiserv Small Business Index showing steady sales increase in the new year. Fiserv has been at the center of the industry's attention with key developments, such as partnership with StoneX to enhance cross-border payment capabilities, and the acquisition of Payfare Inc. to boost its embedded finance capability. These moves, coupled with consistent earnings beats and a promising outlook suggest an attractive growth story for Fiserv.
Fiserv FI News Analytics from Sun, 06 Oct 2024 07:00:00 GMT to Fri, 21 Feb 2025 15:01:16 GMT -
Rating 7
- Innovation 2
- Information 9
- Rumor -3
