Browsing: Turnaround

Key Points: Global Payments, a crucial intermediary between retailers and banks, trades well below competitors’ and its own historical multiples. The company hopes to turn things…

Industrial stocks rarely generate the kind of excitement seen in technology or biotech. Yet when sentiment around a long-established manufacturer turns cautious, patient investors sometimes find…

Key insight: TD’s efforts to shrink its U.S. balance sheet are nearing the end, as the bank expects to beef up its lending in certain areas…

The Covid pandemic crushed immigration and demand for Nova Credit’s tech. Then its founder discovered a second line of business. By Jeff Kauflin, Forbes Staff In…

In 2009, as Citigroup was struggling to recover from the financial crisis, one of its longtime board directors, Richard “Dick” Parsons, took the reins as chairman.Parsons,…