#finance

So for the first time in nearly 20 years Verizon did not announce an increase in the dividend payout in September, something the company has done since 2007. And with treasury yields increasing, there's less of a risk/reward advantage to invest in Verizon as opposed to buying T-bills if you're a large institutional investor. You see today the reaction of Wall Street on that news. Going to be tough sledding to $60/share without a lot of growth.

Financial accuracy 99%
Payment accuracy 98%
Process accuracy 97%

But no bonuses….

Ah ha! The ole buy back your own stock to try and get some shareholder buying momentum going routine! The oldest trick in the book!

Was this a Fiserv conversion? Just saw that there’s an issue with customers not being able to access their money until Tuesday.

Some good news before we go into the long weekend.

I hope it keeps going down. All those company stock buy backs are wasted capital and creating a bigger doom loop.

better yet- outsource all of finance . watch the stock hit $65

I’ve seen a few comments that finance is coming next on here. Any word on that?

Where is the budget coming from for my agent? Now that the official rollout has started, teams are going to be billed. Do people know this? Gonna cost my org an extra 300k/yr at least

Guess you can’t trust the markets to fairly set the market price based on the merits of your corporation’s actual running of the business. So, you have to revert to playing three card monte, hide the Queen.

Keep out stock until at least October 30th and on November 27th you will get a whole $0.885 per share in CASH!!!

So, if you have 200 shares, you get a check for $177 (before taxes)! Yippee!!! Woo hoo!!!

Never mind, considering investing some place else where your money will grow at a much higher rate between now and October 30th.

Her replacement is stepping into the role effective immediately.

Will there be aftershocks throughout finance?

https://www.bloomberg.com/news/articles/2026-09-01/wells-fargo-analysts-join-jpmorgan-traders-in-turning-cautious-on-us-stocks?srnd=homepage-americas

"The bank’s analysts, led by Ohsung Kwon, the firm’s chief equity strategist, warn of “broad cautiousness” heading into September as investors grow increasingly anxious about the sustainability of the AI-investment bo-m. The team expects capital expenditure fears around the AI build-out to peak. However, they note, their sentiment indicator remains more positive than negative after a mid-August selloff."

With such deep competence around WF, who even doubts this.

I have no doubt that if his Kwon's recommendations are bad, they will be stacked ranked, IMd and fired.

Thierry mentioned there was an extra week of selling this quarter resulting in additional $570 million. If we didn’t account for this extra week, we would be showing negative growth? Misleading to investors or par for the course?

I recently hard that H100 has so far signed up no payers besides Aetna. They must be burning through millions annually of Health 100.

Anyone see a path where Health 100 succeeds financially for the company?

Is Capitalism Failing America?

When the American Promise No Longer Feels Promised

There was a time when America made a remarkably simple promise: work hard, get an education, develop valuable skills, and you could build a good life.

A good job. A steady income. Health insurance. A home. A car. A family. Children. A retirement.

None of these things were guaranteed. But they were attainable—and, for generations, they were a reasonable expectation for someone willing to work hard and play by the rules.

Today, that promise feels increasingly broken.

A person can earn an MBA, a PhD, or multiple advanced degrees. They can spend 25 years developing expertise in a specialized profession, create enormous value for their employers, and still be laid off tomorrow. Experience, loyalty and education are no longer reliable paths to economic security.

That raises an uncomfortable question:

Is capitalism failing America?

I don't believe capitalism itself is the problem.

Capitalism is extraordinarily good at creating wealth. It rewards innovation, entrepreneurship and risk-taking. It gives people the opportunity to build something valuable and be rewarded for it. I have no resentment toward people who become wealthy. If someone builds a great company, creates jobs and generates enormous value, they should benefit from that success.

But somewhere along the way, something has been lost.

The modern corporation can eliminate thousands of employees because doing so improves profitability, and it can be entirely rational from a shareholder's perspective. Employees, meanwhile, can give decades of their lives to a company and discover that their relationship with that company is ultimately transactional.

The employee is told to invest in themselves.

Get educated.

Work hard.

Develop expertise.

Create value.

But the corporation makes no comparable promise in return.

That is a fundamental change in the American economic bargain.

And then there is the extraordinary concentration of wealth at the very top.

I don't begrudge billionaires their success. But there is something profoundly unsettling about a system that can produce individuals with fortunes so enormous that the numbers become almost incomprehensible, while millions of people who work hard every day struggle to afford housing, healthcare, education and retirement.

This isn't about envy.

It is about proportion, fairness and power.

Extreme wealth isn't simply about having a nicer house or a better car. At extraordinary levels, wealth becomes economic and political power. Ownership of enormous amounts of productive capital allows wealth to generate more wealth, often at a rate that someone dependent primarily upon wages can never hope to match.

That creates two very different economic realities.

For the person who owns billions in assets, the economy can work while they sleep.

For the person whose primary asset is their ability to work, losing a job can bring the entire economic engine to a halt.

That disparity doesn't mean wealthy people are evil, nor does it mean they haven't earned much of what they possess. Many have created extraordinary companies and changed the world.

But extreme success is never entirely the product of individual effort. It also depends upon opportunity, timing, education, infrastructure, markets, other people's labor—and, inevitably, some degree of luck.

Perhaps we should be willing to acknowledge that.

The problem isn't that someone has become extraordinarily wealthy.

The problem is that too few people have a realistic opportunity to become financially secure.

That is the distinction that matters.

I don't want to make the wealthy poor.

I don't want to eliminate the incentive to innovate, invest, build companies or take risks.

I don't want equality of outcome.

I want equality of opportunity—and an economic system in which hard work still provides a reasonable path to a secure and dignified life.

A young person who works hard and gets an education should have a realistic chance of buying a home.

A family should be able to survive an unexpected $10,000 expense without financial devastation.

Someone who has spent 25 years developing expertise should not feel that their entire economic security can disappear overnight simply because a corporation needs to improve its quarterly numbers.

And someone who works hard for decades should have a reasonable expectation of retiring with dignity.

Capitalism doesn't need to be destroyed.

It needs to be recalibrated.

The goal should not be to tear down the people who have reached the top.

The goal should be to rebuild the ladder so that everyone else has a realistic opportunity to climb it.

Because capitalism works only when people believe the game is worth playing.

When people believe that hard work, education, innovation and perseverance can lead to a better life, they participate. They build. They invest. They innovate. They believe in the future.

But when people begin to believe that the system is fundamentally stacked in favor of those who already possess the most wealth, they don't simply become frustrated with the economy.

They lose faith in the system itself.

And that may be the greatest threat facing American capitalism today.

500 call or 400 puts? =D

So I am still bitter about my time at USB Business Banking. I was recruited away from my previous employer, a solid place, to work on the Greatest Product Ever Imagined - Business Essentials!! Told the opportunities here were endless! Well wouldn’t you know that after almost 2 years I was part of a RIF…BE was released so why did they need me or most of the others on my team?? (50’s, white woman, everyone left on my team India , but I digress). I’m still pi---d that I was lied to and basically lured away with lies only to be laid off right before Christmas.
I used my network and landed a role before my severance ended, and I was not sad I was laid off. I was pi---d. Anyway, I’m still at that new job, it’s not with a big bank but is in finance, fully remote, and it’s solid and stable.

I guess my point is my bitterness lingers, but after reading about the cr-p you all are enduring here, I’m so glad I was laid off. Despite what you see about the market, there are opportunities! They may be with small, unknown businesses, but they’re out there. Nurture your network. It’s how I landed my new position and I’m convinced it’s how I will land in any future positions.

Sometimes, the grass is greener.

Scharf is so corrupt that his c-suite continues to lie, lie, lie that work produced by AI is not the product of the employees who know the subject matter to properly use AI. I will laugh when after Scharf is done firing everyone - big Tech price gouges Wells Fargo and takes it over.

https://finance.yahoo.com/markets/stocks/article/di-ks-sporting-goods-stock-crash-reveals-a-major-problem-for-struggling-nike-114409937.html

And what do we get

finance layoffs coming. broad and wide.

https://www.cnbc.com/2026/08/23/wells-fargo-citigroup-deals-regional-banks.html

511.77 on 8/17

How is 308 s akard st building. Is the office older than whitacre tower?

That’s from yesterday. What to make of that?

Is Wells Fargo going to start allowing customers to purchase cryptocurrency like Bitcoin and some sort of stable coin? If this is real when will this happen and how?

Today’s finance town hall introduced me to the phrase “trend warrior.”

Trend. Warrior. 🙄

Umm, this is an insurance company. Nobody is storming the beaches of Q3 armed with an Excel pivot table.

But sure. I’ll circle back, leverage some synergies, identify actionable insights, move the needle, and then mount my noble steed and ride forth into battle against unfavorable financial trends.

Or—and hear me out—we could just do our jobs and stop naming everything.

Sincerely,
Still working • Still skeptical • Still refusing to drink the corporate Kool-Aid.

Does anyone know how the BAC partnership with the India finance company benefit us?

DD came on board 8/16 and I noticed that in addition to CFO, he also has listed Interim Corporate Controller per Nike's stock page on CNBC. Were there some org moves prior to his arrival or is he making changes from day 1?

How do I cash out the six BNY stocks we were granted back in 2023?

I clicked transfer but was met with “your cash balance is $41.36. To make more cash available, you’ll need to place a trade”.
Total account value $1033.82

Explain to me like I’m clueless (because I’ve never done this), if I click place a trade, what do I select or click next?

I just want my money.

The latest closing stock price for Humana as of August 14, 2026 is 389.05. closing price was 540.03 on November 03, 2022.

https://www.macrotrends.net/stocks/charts/HUM/humana/stock-price-history

the stock tanks again? The stock is backup to where it was 6 months ago. How long you all think before it tanks again?!

What does the future of the FP&A org look like at VZ? Any rumors?

For a new joiner, would y'all leave your 401k with the previous employer or rollover to Fiserv's?

Nike and Silver Lake in Palo Alto. New CFO in tow.

SVL just put together a very big one, Nike is next.

JPM was the plunger, but it did not take, it was not incorrect, but the stock held.
28% held by insiders.
7 Billion in cash on hand.
And Capital Markets people still think it is THE BRAND, and that own goals, Macro, and Tarif's can soon turn over.

https://www.reuters.com/business/jana-partners-cuts-stake-fiserv-filing-shows-2026-08-14/

https://www.reuters.com/business/jana-partners-cuts-stake-fiserv-filing-shows-2026-08-14/

I'm only 3 weeks of waiting at this point, but I see folks have been waiting since May and still haven't received it or any word from NetApp. How can we organize and get this in front of some financial reporters?