Another good article by Caitlin Mullen.
https://www.paymentsdive.com/news/fiserv-ceo-downplays-margin-pressure-profits-frank-bisignano/631794/
5 replies (most recent on top)
They go to the lever store and buy some more. I hear they have a mythical box of levers that they can buy for cheap in the high cost of living area of NJ.
What happens when they run out of employees..., I mean levers?
I told you, just time and wall street will wake up. All mo--n Frank statements are lies. FISV to $30
"synergy costs" indeed. Standing up a new ivory tower in high rent district. Severance packages, higher NJ base salaries, relocation costs, exodus of tenured associates. Higher paid new hires with far less experience. Recipe for success? How many levers will get pulled at Sept or Oct month end?
Look at Fiserv numbers --- stellar! That why it is the best performer in the industry the past six months.