Why Shares of Fiserv Are Rising Today

Why Shares of Fiserv Are Rising Today

Fiserv's stock has been in the gutter since a disastrous earnings report last October. But now an activist investor reportedly sees potential.

Activist Jana Partners backs Fiserv CEO after taking stake in payments business

Activist hedge fund Jana Partners has built a stake in payments and financial technology group Fiserv, engaging privately with management as it pushes for changes aimed at reviving the company’s sharply underperforming share price, according to a report by the Wall Street Journal. The reports sites unnamed people familiar with the matter as saying tahat Jana has been in discussions with Fiserv about measures to improve execution and accelerate g…

Fiserv Catches Eye of Activist Investor Jana Partners

Activist investor Jana Partners has reportedly purchased a stake in payments company Fiserv, which saw its shares plunge last year.