Kyndryl Holdings (NYSE:KD) appears on track to close the trading day at a record high as the company continues to execute ...

IBM is known as a generous dividend investment, offering a yield of 4.6% before the Kyndryl spinoff. The yield has surged to 5.6% today while Kyndryl hasn't declared any payouts at all.

This morning IBM officially spun out its infrastructure services into a new business called Kyndryl, one that, by the way, has revenue of $19 billion out of the gate as a public company.Whatever ...

When officially separated from IBM on November 4, 2021, Kyndryl started life with $2B in cash on its books, 4,000+ enterprise customers in 60+ countries, and annual revenues of nearly $19B.

Kyndryl separated from IBM in November 2021 to become a standalone business focused on managed infrastructure services. Over time, it’s taken advantage of its freedom to introduce new services ...

5. IBM Will No Longer Be The World’s Largest Solution Provider. Spinning off Kyndryl will cause IBM Global Services to topple from No. 1 to No. 2 on the CRN Solution Provider 500, with Accenture ...

Underutilized staff get sent to the 'bench' – and seldom return Special report Kyndryl, the IT services biz spun out of IBM in late 2021, has been following in the footsteps of its parent by ...

When IBM spun out its managed infrastructure services business as Kyndryl in 2021, the new company had two years to transition to its own IT systems. It also chose to use that time to undertake a ...

Kyndryl's vision of a future without IBM. Kyndryl serves over 4,000 customers, including half of the Fortune 500, and operates in 63 countries with a workforce of about 90,000.

Kyndryl operates in 63 countries, manages 750,000 virtual servers, 270,000 network devices and 25,000 SAP and Oracle systems, but has to expand its cloud, AI and data engineering game.

The separation from IBM could cost Kyndryl some customers. IBM plans to sell its remaining 19.9% stake within a year. This could weigh on the stock if it is sold through the open market.

Kyndryl's vision of a future without IBM. Kyndryl serves over 4,000 customers, including half of the Fortune 500, and operates in 63 countries with a workforce of about 90,000.