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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Fiserv Inc. Chief Executive Officer Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant’s stock last month, rejecting speculation that accounting issues played any role in the company’s recent woes. Lyons said he had ordered a “rigorous” deep-dive analysis in conjunction with the firm’s annual strategic planning and budgeting processes, which it completed ahead of its earnings release on Oct. 29. The analysis uncovered trouble spots including uneven performance, misplaced priorities, and the fading boost from high-growth markets such as Argentina.
