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.

stalled investment, and potential retaliation by other countries. Disclosure: EMARKETER and Business Insider share a parent company. Read next ...

Invesco's PEY ETF offers high-yield dividend stocks with a 5.03% yield, 10+ years of growth, and QDI distributions. Read an ...

The U.S., the narrative goes, sits on the technological frontier, creating groundbreaking products and services that chart the course ... of its hedge fund parent company.) Chinese stock exchanges ...

See the chart summarizing results of our tests for ... It also says some of its member companies may be doing their own testing. One rice company shared with us details of how it is taking matters ...

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 ...

Reverb has been sold by Etsy to a group including Fender-owner Servco and Creator Partners, a firm founded by former ...

An Ontario court has given Comark Holdings Inc. permission to sell its Bootlegger business to a subsidiary of its parent company. The sale approved by Ontario Superior Court judge Peter Cavanagh ...

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 ...

NEW YORK — 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.