#credibility

Have to give credit when due. Our stock rebounded last week. Is that a sign of recovery or only one week of positive gains. I am not a financial guru so I am asking.

Failing forward over and over and over! He knows nothing about Core - epic failure! And we decide to give him a segment that was making progress?!? Him and his band of losers he drags around will ki-l this segment too. High performers won’t stay under his watch. Nice job Fiserv!!! Oh and ask clients, major dislike across bank and credit union!!! No credibility! Get out if you’re a high performer

Nothng destroys credibility faster than eliminating a role and then reposting it a few months later. With this being said, I am actually glad they cut me as I'd have difficult time staying here

The UK's largest police force has awarded DXC Technology a contract worth up to £1 billion to develop and run a host of business process outsourcing services – including building a new Oracle ERP system.

The management said UK was doing not so good so no no payrises, and then a few days later they announce a $1.4 billion deal.

DM just announced Michael Olsen is retiring. He’s been dumping stock since December. Clearly no faith in company if leaving during critical lawsuit with creditors.

Go-Go stated in a recent Barton’s interview that the decent earnings results are a result of all the things that have been done to P66 in the last 4 years.
He said “it’s all coming together”.
No it isn’t. The earnings are the result of good refining margins and nothing else.

In some professional environments, a single conflict can escalate quickly, particularly for individuals from marginalized backgrounds. Misunderstandings may be amplified, narratives can be shaped unfairly, and reputations may be impacted by assumptions rather than facts.

Despite these challenges, it is essential to maintain integrity, uphold personal values, and remain committed to ethical conduct. Long-term credibility is built through consistency, professionalism, and self-respect, never through compromising one’s principles to appease others.

Jeez. $2.97. It’s all working - eh? All the SLT and leaders are stupidly silent with no Plan B at all. And when anyone (SB) openly has to say “trust me” as there is no natural, organic trust or credibility there at all, most intelligent adults know they should do the complete opposite. Where is Mr. “I am going to save millions through Cebu, which is currently under water” in all this (LP). Plotting his next traitor move probably. And apparently we should be working at speed and yet SB/JEG take over 5 months to put a new organization in place. $2.97 is about right. Jeez.

So many MDs have job postings on their teams for Director or below that require something like an MBA or CFA, yet these same MDs only have a bachelors. I realize this isn’t specific to BNY but as someone in that network I’ve been seeing so much of this lately. As a manager, I don’t care where you went to school - I’m looking at your experiences first and if you interview well and seem like you could fit in. I have an MBA but it hasn’t really been a driver in my career. I wonder how much hiring managers actually pay attention to this.

These numbers have to be fudged.

https://www.wsj.com/business/earnings/kyndryl-posts-higher-profit-as-businesses-keep-spending-on-tech-becda043

Company reaffirmed its full-year outlook and said its latest results keep it on track to meet long-term targets

By: Connor Hart
Aug. 4, 2025 4:35 pm ET

Businesses are continuing to invest in technologies that boost productivity and shore up operations, according to Kyndryl Chief Executive Martin Schroeter.

“Customers are completely willing to engage in discussions to help them take advantage of opportunities like AI, or prepare for challenges such as cybersecurity and new regulatory environments,” he said Monday.

Demand for the company’s consulting services, as well as its cloud and AI partnerships, has remained strong, Schroeter added. That strength helped Kyndryl deliver sharply higher profit in its latest quarter, as companies continued spending on technology despite economic uncertainty.

Consulting revenue rose 30% in the quarter, while signings over the past 12 months climbed 36%. The company’s pipeline is stronger than a year ago, and Schroeter said he expects consulting to keep expanding as clients prepare for new regulatory environments and integrate AI more deeply into operations.

Artificial intelligence is also at the center of Kyndryl’s long-term growth strategy.

Companies are increasingly turning to the firm to ready their infrastructure and workforces for AI, from strengthening security to improving day-to-day operations. Kyndryl is investing heavily to support those efforts, Schroeter said, pointing to partnerships with major players such as Nvidia, Dell and Hewlett Packard Enterprise as part of its bid to stay at the forefront of AI adoption.

Revenue tied to work with cloud hyperscalers, such as Microsoft and Alphabet’s Google was about $400 million in the recent quarter, an 86% year-over-year increase that the company said puts it on track for its target of $1.8 billion this year.

Kyndryl, spun off from International Business Machines in 2021, provides information-technology infrastructure services. The New York company designs, builds and manages information systems for thousands of clients in more than 60 countries.

The company posted a profit of $56 million, or 23 cents a share, for its fiscal first quarter, which ended June 30, compared with $11 million, or 5 cents a share, a year earlier. Adjusted earnings were 37 cents a share, just ahead of the 36 cents analysts polled by FactSet had expected.

Revenue was roughly flat at $3.74 billion, below Wall Street’s $3.8 billion estimate.

Kyndryl reaffirmed its fiscal 2026 outlook, guiding for adjusted pretax income of at least $725 million and free cash flow of about $550 million. Schroeter said the latest quarter’s results keep the company on track to meet its long-term fiscal 2028 targets, which call for tripling cash flow and doubling profit.