NEW YORK, April 26, 2025 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Unisys Corporation (NYSE: UIS) resulting from allegations that Unisys may have issued materially misleading business information to the investing public. So What: If you purchased Unisys securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The ...

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Kyndryl Holdings, Inc. following allegations from Gotham City regarding manipulated financial metrics [1][3]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Kyndryl and is looking into whether the company and its officers engaged in securities fraud [1]. - The investigation was prompted by a report from Gotham City, a short-seller, which accused Kyndryl of manipulating its reported adjusted EBITDA and adjusted free cash flow [3]. Group 2: Market Reaction - Following the allegations, Kyndryl's stock price dropped by $1.74, or 5.11%, closing at $32.32 per share on March 27, 2025 [3]. Group 3: Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for victims of securities fraud [4].

Core Points - Atos SE has completed a reverse stock split as decided by its Board of Directors on March 6, 2025, following a delegation of powers by the shareholders' General Meeting on January 31, 2025 [1][2][3] Summary by Sections Reverse Stock Split Details - The reverse stock split is a technical exchange transaction that does not affect the total value of shares held by shareholders [2] - The exchange ratio is 10,000 old shares with a par value of €0.0001 for 1 new share with a par value of €1 [9] - The total number of old shares subject to the reverse stock split was 190,358,728,519, resulting in 19,035,872 new shares [9] Shareholder Actions - Shareholders holding multiples of 10,000 shares do not need to take any action as their shares were automatically consolidated [4] - Shareholders with fractional rights will be compensated by their financial intermediaries within 30 days of April 24, 2025 [5] Adjustments Related to Warrants - The exercise parity of the share subscription warrants issued on December 18, 2024, has been adjusted in accordance with the reverse stock split [6][7] - The new exercise parity corresponds to the product of the previous exercise parity and the ratio of new shares to old shares, resulting in a maximum of 1,107,589 new ordinary shares available upon exercise [7] Adjustments for Free Share Allocations - The rights of beneficiaries of free share allocations have been adjusted to reflect the reverse stock split, with the number of rights allocated being rounded down to the nearest whole number if necessary [10][11] Trading and Timetable - The new shares began trading on Euronext Paris on April 24, 2025, under ISIN code FR001400X2S4 [9][12] - The compensation period for shareholders with fractional rights runs from April 24 to May 25, 2025 [12] Company Overview - Atos is a global leader in digital transformation with approximately 74,000 employees and annual revenue of around €10 billion [13] - The company specializes in cybersecurity, cloud, and high-performance computing, providing tailored solutions across 68 countries [13]

Core Insights - Kyndryl has launched new services, Kyndryl Consult Data Security Posture Management, utilizing Microsoft Purview to enhance data protection, privacy, and risk mitigation capabilities for organizations [1][2][3] Group 1: Service Offerings - The new services combine Kyndryl's consulting expertise with Microsoft's advanced security technologies to help customers identify sensitive data, automate protection, and maximize the value of their data assets [2][3] - Kyndryl's services include proactive data risk management through automated discovery, classification, and protection, built-in encryption, data loss prevention, and compliance management [6] - The services aim to simplify IT environments by reducing complexity and risk exposure, providing centralized visibility of the entire data landscape [6] Group 2: Market Context - The Kyndryl AI Readiness Report indicates that while 86% of leaders are confident in their AI implementation, only 29% believe their AI is ready to manage future risks, highlighting the need for improved data management and security [2] - Organizations face significant challenges in managing complex IT environments while protecting sensitive data and meeting regulatory requirements [3] Group 3: Strategic Partnership - Kyndryl and Microsoft have established a global strategic alliance since November 2021, developing scalable security and resiliency services [4] - Kyndryl is a member of the Microsoft Intelligent Security Association (MISA), integrating solutions with Microsoft Security technology to better defend against cyber threats [4] Group 4: Compliance and AI Foundation - The services enhance risk and compliance readiness, helping customers meet regulatory requirements through Kyndryl's expertise in data privacy and security combined with Microsoft Purview's policy-driven security controls [6] - A secure data foundation is established to support responsible AI development, enabling secure management of sensitive information [6]

Core Insights - DXC Technology has appointed William Pieroni as Global Strategy and Growth Leader for Insurance Software & Business Process Services, aiming to enhance strategy and growth in the insurance sector [1][3] Company Overview - DXC Technology is a leading global technology services provider, recognized in the Fortune 500, with over 40 years of innovation in the insurance sector [1][6] - The company supports more than 1,000 customers and has processed over 1 billion policies through its solutions, with 21 of the world's top 25 insurers relying on DXC for critical software and services [4] Leadership Appointment - William Pieroni brings over 25 years of experience in insurance, technology, and enterprise transformation, having previously served as CEO of ACORD and held senior roles at Marsh McLennan, Aon, State Farm, IBM, Accenture, and McKinsey & Company [2][3] - His role at DXC will involve defining strategic priorities, guiding global growth initiatives, and enhancing the firm's position within the global insurance ecosystem [3] Strategic Focus - The appointment reflects DXC's commitment to industry leadership, intelligent growth, and long-term value creation, with a focus on delivering competitive differentiation and operational excellence across the insurance value chain [1][3]

GAITHERSBURG, Md. and RESTON, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Planet Technologies, the leading provider of Microsoft professional services to the Public Sector, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced an expanded partnership. Under the agreement, Carahsoft will serve as a Public Sector distributor for Planet Technologies, making the company’s industry leading Microsoft-focused services and solutions available through Carahsoft’s extensive networ ...

Core Viewpoint - The company, Haoyun Technology (300448.SZ), has signed a project integration service contract with Company X, valued at 174 million yuan, which is expected to positively impact the company's operating performance for the current and future periods [1] Summary by Relevant Categories Contract Details - The total contract price is 174 million yuan [1] - The contract includes the provision of network equipment, optical modules, storage servers, and operation monitoring and alarm systems, along with installation and debugging services [1] Financial Impact - The contract is anticipated to have a positive effect on the company's operating performance for the current year and beyond [1]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. due to allegations of materially misleading business information [1] Group 1: Investigation Details - The investigation is prompted by allegations that Kyndryl may have manipulated financial metrics, specifically adjusted EBITDA and adjusted free cash flow, to present a false image of profitability while actually incurring losses [3] - Following the publication of these allegations, Kyndryl's stock price fell by 5% on March 27, 2025 [3] Group 2: Class Action Information - Shareholders who purchased Kyndryl securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4]

Core Viewpoint - Accenture's stock has declined 18.6% year to date, reflecting broader industry challenges, but this may present a buying opportunity for long-term investors [1][3]. Industry Overview - The IT services industry has faced significant pressure, with Accenture's 18.6% decline mirroring an 18.5% drop in the broader industry and an 8% dip in the Zacks S&P 500 Composite [2]. - Competitors like DXC Technology and Cognizant have also experienced declines of 27% and 9%, respectively, indicating widespread challenges across the sector [2][3]. Company Strategy - Accenture's growth strategy emphasizes delivering 360° value through technology, focusing on building a digital core with cloud, data, and AI [5]. - Partnerships with OpenAI and Sanctuary AI enhance Accenture's capabilities in the GenAI market, allowing for tailored enterprise solutions [6]. - The company reported $3 billion in GenAI-related bookings for fiscal 2024 and $1.4 billion in Q2 of fiscal 2025, showcasing its strong position in this area [7]. Demand and Revenue Growth - Accenture benefits from robust demand in key service areas such as application modernization, cloud enablement, and cybersecurity-as-a-service, which are critical for enterprises navigating digital transformation [9]. - Managed services revenues increased by 4% year-over-year in fiscal 2024 and are projected to grow by approximately 5.7% in fiscal 2025, reflecting strong client demand [10]. Financial Position - Accenture's current ratio of 1.48 indicates a solid liquidity position, despite being below the industry average of 2.29, with a 17.5% increase in cash and cash equivalents year-over-year [12]. - The Zacks Consensus Estimate projects fiscal 2025 revenues at $68.4 billion (5.5% growth) and fiscal 2026 revenues at $72.1 billion (5.4% growth) [14]. Earnings Outlook - The consensus estimate for fiscal 2025 earnings is $12.7 per share, indicating a 6.4% year-over-year rise, with fiscal 2026 estimates at $13.5 per share (6% growth) [15]. Challenges - Rising talent costs in a competitive labor market pose challenges for Accenture, as the consulting industry is labor-intensive and reliant on skilled professionals [17]. - The rapid adoption of automation and AI technologies may reduce client reliance on external consultants, creating uncertainty for long-term engagements [18]. - Accenture's aggressive acquisition strategy, while enhancing revenue opportunities, introduces integration risks and may divert management focus from organic growth [19]. Long-Term Outlook - Despite recent share price weakness, Accenture's long-term outlook remains strong, supported by strategic partnerships, disciplined acquisitions, and a solid managed services momentum [20].

Core Viewpoint - Infosys forecasts muted annual revenue growth due to increasing global uncertainty, suggesting clients may reduce tech spending [1][2] Revenue Forecast - Infosys expects revenue to remain flat or grow by up to 3% for the fiscal year ending March 2026 on a constant currency basis, which is below analyst estimates of 2-4% [2] - This forecast is lower than the previous year's constant-currency revenue growth of 4.2% [2] Market Context - The company earns over 80% of its revenue from Western markets, making it vulnerable to global economic conditions [2] - Infosys anticipated a demand revival in 2025 after a growth slowdown in 2024, but ongoing client spending weakness and trade tensions have clouded the outlook [3] Executive Insights - CEO Salil Parekh described the current environment as "uncertain" and emphasized the need for agility in execution [4] - CFO Jayesh Sanghrajka noted that the lower end of the sales forecast reflects increasing uncertainty, complicating the assessment of external factors like trade policies [4] Financial Performance - Infosys reported an 11.75% year-on-year drop in net profit for the March quarter, totaling 70.3 billion rupees ($823.5 million), which was below analyst projections [5] - Revenue for the three months ending March 31 increased by 7.9% to 409.25 billion rupees [6]