Fiserv CEO Rejects Accounting Concerns After Record Stock Rout
Fiserv Inc. Chief Executive Officer Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant’s stock last month, rejecting...
By Emily Mason · Bloomberg Markets
Fiserv Inc. Chief Executive Officer Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant’s stock last month, rejecting speculation that accounting issues played any role in the company’s recent woes.