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Forward Industries to Bring Its NASDAQ Stock to Solana via Superstate Platform
Yahoo Finance· 2025-09-22 17:11
Group 1 - Forward Industries plans to tokenize its common stock on the Solana blockchain in collaboration with Superstate, utilizing the "Opening Bell" platform for this initiative [1][2] - The partnership aims to enhance stock accessibility by enabling 24/7 trading and near-instantaneous settlement, aligning with trends seen in major exchanges exploring tokenized securities [2] - The tokenized FORD shares will be integrated into Solana's DeFi ecosystem, allowing shareholders to use their equity as collateral for borrowing, similar to recent trends in the Middle East [3] Group 2 - The Chairman of Forward Industries, Kyle Samani, emphasized the company's vision to be "on-chain-first," indicating a belief in Solana's role in future capital markets [4] - Superstate's CEO, Robert Leshner, highlighted the partnership as a significant step towards making Solana a primary venue for public companies, suggesting an upcoming era of shareholder access and innovation [5] - Forward Industries' strategic shift towards a crypto treasury strategy was reinforced by a recent $1.65 billion private investment led by notable crypto investors [6]
Fox-owned Credible promotes Robert Humann to CEO role
Yahoo Finance· 2025-09-22 13:00
Company Leadership Change - Robert Humann will become the next CEO of Credible, succeeding founder Stephen Dash, who is stepping down at the end of the month [1] - Humann has been with Credible for nearly ten years, serving as chief revenue officer and playing a key role in shaping the company's value proposition [2] Strategic Focus and Growth - As chief revenue officer, Humann diversified Credible's business model and advanced its marketing and distribution strategy, driving strategic partnerships with leading publishers [3] - Humann expressed his commitment to leading Credible through its next stage of growth, focusing on expanding value for consumers and partners [4] Company Background - Credible is a consumer finance technology platform owned by Fox Corporation, specifically under the Tubi Media Group division [6]
Tide Secures Strategic Investment from Leading Global Investor TPG
Businesswire· 2025-09-22 06:00
LONDON--(BUSINESS WIRE)--Tide, the UK's leading business management platform, today announced a strategic investment from TPG, a leading global alternative asset management firm. The investment raises Tide's valuation to $1.5 billion and marks a significant milestone in the Company's growth journey. The funding will accelerate Tide's international expansion, support rapid product development and advance its investment into agentic AI. The primary and secondary investment, which totals over $120. ...
I’m keeping an eye on REH shares in 2025
Rask Media· 2025-09-22 01:57
Reece Ltd (Hub24 Ltd (REH share price in focusThe ASX:REH ) share price is down around 48.1% since the start of 2025. The ASX:HUB ) share price is 113.9% above its 52-week low.Reece Limited has been operating in Australia for more than 100 years, and is today the country’s largest plumbing and bathroom supplies business. While best known as a plumbing store, the brand has diversified to offer services and products across irrigation and pools, civil construction projects, and HVAC systems for heating, ventil ...
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fiserv
Globenewswire· 2025-09-21 12:44
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fiserv, Inc. related to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by September 22, 2025 [4]. Group 1: Allegations Against Fiserv - The complaint alleges that Fiserv and its executives made false and misleading statements regarding the performance of its Clover platform, particularly in relation to forced migrations from the older Payeezy platform [6]. - It is claimed that Clover's revenue growth and gross payment volume (GPV) were artificially inflated due to these forced conversions, masking a slowdown in new merchant business [6]. - Following the forced migrations, many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's GPV growth [6]. Group 2: Market Reaction and Stock Performance - On April 24, 2025, Fiserv reported a GPV growth of only 8% for Q1 2025, a decline from 14-17% in 2024, resulting in an 18.5% drop in stock price to $176.90 [7]. - On May 15, 2025, Fiserv announced that GPV growth deceleration would continue throughout 2025, causing a further 16.2% decline in stock price to $159.13 [7]. - On July 23, 2025, Fiserv lowered its full-year organic growth guidance and reported a deceleration in quarterly organic revenue growth to 9% year-over-year, leading to a 13.9% drop in stock price to $143.00 [7].
Fidelity National Information Services (FIS) Announces its New Bank Modernization Framework
Yahoo Finance· 2025-09-21 08:19
Group 1 - Fidelity National Information Services, Inc. (NYSE:FIS) has introduced a new Bank Modernization Framework aimed at assisting banks in modernizing their technology ecosystem [1][3] - The framework allows banks to begin their modernization from any part of their tech stack, including digital channels, data and AI, or open banking integrations, providing a flexible and component-based approach [2][3] - Traditional modernization methods are considered risky and costly, while the FIS framework utilizes data-driven insights to offer customized modernization paths and supports incremental upgrades and full core system transformation [3][4] Group 2 - Fidelity National Information Services, Inc. is a global financial technology company that provides software and services to banks and financial institutions to facilitate transaction processing and financial operations management [4]
Investors in Fiserv, Inc. Should Contact Levi & Korsinsky Before September 22, 2025 to Discuss Your Rights – FI
Globenewswire· 2025-09-19 20:45
NEW YORK, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fiserv-inc-lawsuit-submissio ...
PINTEC ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST HALF OF 2025
Prnewswire· 2025-09-19 20:30
BEIJING , Sept. 19, 2025 /PRNewswire/ --Â Pintec Technology Holdings Limited (Nasdaq: PT) ("Pintec" or the "Company"), a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises in China, today announced its unaudited financial results for the six months ended June 30, 2025. ...
Fiserv, Inc. (FI): A Bull Case Theory
Yahoo Finance· 2025-09-19 17:57
Core Thesis - Fiserv, Inc. is positioned for growth with a focus on its Clover platform, which integrates payments, software, and cash management for small businesses, despite recent stock price declines due to slower GPV growth [2][3][4] Company Overview - Fiserv serves 10,000 financial institutions across over 100 countries, including 3,000 U.S. banks, and is a leader in financial technology [2] - The company has achieved 40 consecutive years of double-digit EPS growth, indicating strong financial performance [2] Clover Platform - Clover's long-term value is driven by revenue growth from merchant signups, hardware sales, and higher-margin value-added services (VAS), rather than just gross payment volume (GPV) [3] - Clover remains underpenetrated in the U.S. market with less than 3% market share and under 10% VAS penetration domestically [3] Growth Strategy - Fiserv aims to expand into new verticals such as hospitality and healthcare, as well as international markets like Brazil, Mexico, and Europe, supporting a revenue target of $3.5 billion for 2025 and $4.5 billion for 2026 [4] - Management has accelerated buybacks to 130% of free cash flow at historically low valuations, suggesting potential for significant returns if free cash flow growth continues [4] Market Performance - Despite beating Q1 and Q2 earnings estimates, Fiserv's stock experienced a sharp decline of up to 23% due to investor concerns over slower Clover GPV growth [4] - The stock price was trading at $132.75 as of September 16th, with trailing and forward P/E ratios of 22.20 and 11.20 respectively [1][2] Historical Context - Previous bullish theses on Fiserv highlighted its strong fundamentals and the value-enhancing First Data acquisition, although the stock has depreciated approximately 34.39% since then [5]