Facebook is looking to reassure investors that its digital advertising business has a future of strength ahead of it, despite slightly slipping usage and a coming reboot to its News Feed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It was a solid earnings report for Samsung in the fourth quarter of 2017, as earnings surged due to strong sales of the manufacturer’s memory chips, the company said in an announcement. Get the Full Story Complete the form to unlock this article and enjoy...
Discover Financial Services, like so many peers in the financial sphere, took a charge in the fourth quarter tied to tax legislation passed during the period. Earnings per share on an adjusted basis was $1.51, missing the consensus by three cents. Get the Full Story...
Capital One missed estimates, adjusted for impact of the tax bill that was signed last year as loans grew across cards and autos, but credit losses grew, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
This week’s B2B Data Digest offers a quick skim of the flurry of earnings data coming out of the corporate banking, finance and technology market. On the whole, numbers are good – better than good, in some cases – creating a stock market rally as...
The headline numbers said it was the first quarterly loss in 26 years. But digging a little deeper, American Express posted fourth-quarter results that topped expectations on the heels of higher card spend – and higher balances kept on those cards. Get the Full Story Complete...
Citigroup’s headline numbers showed a sizable quarterly loss on the newly enacted tax law – but excluding that $22 billion charge and the resulting $18 billion negative tally on the bottom line, results beat expectations. Get the Full Story Complete the form to unlock this...
The kickoff to earnings season usually has two firms reporting on the same day — JPMorgan and Wells Fargo — and the stories diverge wildly even though the same broad forces are at play. Get the Full Story Complete the form to unlock this article and enjoy...
In response to weak sales at Walgreens Boots Alliance Inc., following the retailer’s decision to add nearly 2,000 Rite Aid locations to its store base, a Morningstar analyst is questioning how long it will take for the acquisition to boost the company’s bottom line, Reuters...
