Fiserv Inc., Brookfield, Wis., has reported record earnings of $624.8 million ($0.38 per share) for the first quarter, up 11% from $560.7 million ($0.33 per share) a year earlier.Leslie M. Muma, Fiserv's president and chief executive officer, said most business units performed at or above expectations during the quarter, touting in particular the company's "full suite of automation services and products" and its "broad offering of business process outsourcing capabilities." The company provides data processing and information management systems to banks, mortgage lenders, and other financial institutions.
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
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Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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