With the demand for watches by outdoor adventurers bolstering earnings, Garmin’s stock reached its highest point in 11 years, rising 17 percent. The company’s revenue from its outdoor segment jumped by 25 percent during the fourth quarter, Bloomberg reported. Get the Full Story Complete the...
Financial technology firm Green Dot, which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 million in net income for the fourth quarter of 2018. Green Dot revealed a 17 percent year-over-year revenue increase...
LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as the macro environment moving forward is an uncertain one.
Things have warmed up for Walmart over the winter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Retail giant Walmart posted fiscal 2019 fourth quarter results that topped expectations amid strong holiday spending and U.S. eCommerce sales that logged 43 percent growth year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A recession is generally defined as two consecutive quarters of negative growth. You may be, of course, familiar with the idea of an economy in recession, where GDP growth is in decline for two consecutive quarters (as measured year over year). Get the Full Story Complete...
In the run-up to its IPO later this year, Uber put up a mixed bag in terms of numbers for the last quarter of 2018. Ridership was on the incline and Uber reported $50 billion in total bookings for ridesharing and food delivery for the...
Fidelity National Information Services (FIS) reported results that beat on the bottom line, and missed Wall Street expectations slightly on the top line, driven by banks’ continuing need to modernize their payments infrastructure and embrace digital offerings. Get the Full Story Complete the form to...
OnDeck beat expectations with its Q4 earnings report, with a surge in loan originations and larger than expected revenue gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
