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But then you're missing the big picture. Kyndryl's separation from former parent company IBM (NYSE: IBM) left the company with lots of low-margin client contracts, resulting in poor profit margin.
The chart: Why: The Chinese e-commerce firm ... risk of US protectionism on foreign firms' profits. The firm is the parent company of Temu, an e-commerce company that's grown popular for its ...
Kyndryl Holdings (NYSE: KD) looks like an expensive stock. The IT infrastructure specialist trades at 61 times GAAP earnings, and its free cash flows have been negative across the past four quarters.
stalled investment, and potential retaliation by other countries. Disclosure: EMARKETER and Business Insider share a parent company. Read next ...
In 2024, Nuuly—owned by Urbn, parent company of Anthropologie and Urban ... To help customers pick the right size, REI launched a new size chart that includes measurements for the chest and ...
Ben & Jerry's is accusing its parent company, Unilever ... Unilever allegedly sent a "chart of grievances" and included that it seeks to remain "neutral" on the Palestinian-Israeli conflict ...
The storied Anglo-Asian conglomerate was founded as an opium trader in 1832 and famous as an inspiration for James Clavell’s ...
Another round of layoffs is coming to Catalyst Brands LLC, the parent company of JCPenney. Catalyst Brands was formed 2025 after the merger of JCPenney and the once-bankrupt Spark Group. Brands under ...
JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as ...
JCPenney's parent company, Catalyst Brands, has cut its corporate staff count again. - Anne D'Innocenzio/AP JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round ...
JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as part of an ongoing review of the newly formed business. Catalyst ...
Nicolette is a lifestyle writer based in Brooklyn, NY. Enthusiastic and ambitious, she's excited to tackle any story — from beauty trends to hard-hitting breaking news, Nicolette brings ...