KD News and Press, Kyndryl Holdings Inc. From 11/03/23

2023-11-03 08:45:00 ET Summary Tourlite Capital Management, LP is an asset management firm focused on long/short equity investing in public companies. Tourlite Fund, LP Founder Class returned 7.8% for Q3 2023 and 7.6% year to date, outperforming the S&P 500 and Russell 2000. ...

2023-11-01 21:26:08 ET Summary Kyndryl’s revenue has declined at a CAGR of (4)% during the last few years, with its competitive position challenged significantly and poor commercial execution. Management is attempting to turn the business around, cutting costs and upselling...

Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights PR Newswire Combining Kyndryl's end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass. , Nov. 1, 2023 /PRNe...

Kyndryl Unveils Banking and Financial Industry Services for Google Cloud Customers PR Newswire NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced the availabil...

Kyndryl Introduces Experience Management as a Service to Help Customers Monitor, Measure and Achieve Business Outcomes PR Newswire NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today ann...

2023-10-12 01:03:22 ET Summary BlackBerry will spin off its Internet of Things segment. Investors are waiting to hear key financial details of the transaction. The move could create value with shares trading like a distressed asset. Perhaps the most disappointing nam...

2023-10-09 18:23:44 ET Summary Investors in corporate spinoffs have historically outperformed the market by unlocking hidden value and taking advantage of investor constraints and biases. However, recent spinoffs have underperformed due to an increased prevalence of companies isol...

KYNDRYL TO RELEASE QUARTERLY RESULTS ON NOVEMBER 7, 2023 PR Newswire Company will host earnings call on November 8, 2023 NEW YORK , Oct. 5, 2023 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services pro...

Kyndryl Announces Strategic Global Alliance with Palo Alto Networks to Provide Industry Leading Network and Cybersecurity Services PR Newswire Alliance will provide end-to-end network and cybersecurity services for joint enterprise customers Kyndryl releases a new SD-WAN s...

2023-09-29 09:33:59 ET Summary Kyndryl Holdings, as the largest provider of IT infrastructure services globally, has a complex investment profile with mixed prospects. Despite progress in profitability, the stock's current valuation, with a P/E ratio of around 22x this year's pret...