Third-quarter earnings were a slam-dunk for PayPal, which beat the street and announced a global partnership that bounced the stock price in after-hours trading. PayPal’s share price had been declining in early October, but the impressive numbers turned that around. Get the Full Story Complete...
American Express surprised analysts with its third quarter earnings announcement yesterday [October 19], and stock jumped significantly in after-hours trading. Adjusted earnings per share exceeded analysts’ predictions, and the company raised its guidance for the rest of the year. Get the Full Story Complete the...
Credit card giant American Express reported results that showed continued traction in consumer spending in the third quarter, with earnings of $1.20, up above estimates by $0.23. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Costco Wholesale, the warehouse club retailer, was able to post higher-than-expected profit for its fourth quarter, and it has lower fees to credit card partner Visa partly to blame. The other reason for the better-than-expected performance: Shoppers plunked down more cash for appliances, electronics and...
Results at USA Technologies (USAT) sent shares up roughly 3 percent on Tuesday (Sept. 13). The company posted a loss, adjusted for one-offs, of $0.04 a share, compared to Street estimates of a break-even bottom line. Get the Full Story Complete the form to unlock this article and...
Barnes & Noble‘s latest quarterly results are out, and they are less than spectacular. Net losses clocked in at $14.4 million, or $0.20 per share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
EMV rollout in the U.S. is not a simple undertaking, and the slow rollout is having a ripple effect on industry players because transition costs are huge. For companies such as Ingenico, the hope is that the initial cost outlays can be recouped and that...
It was another not-so-pretty quarter for J.Crew. 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, you agree...
For Verifone, EMV has proven to be the payments equivalent of an earnings albatross — at least, for the near term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
