Hasbro says it has magic to thank for muting the impact of tariffs this quarter. More to the point, Magic the Gathering, the collectible card game from the company’s Wizards of the Coast business, saw a 23% uptick in revenue, according to quarterly earnings released...
Wise’s decision to shift its primary listing from London to America is drawing criticism. As Bloomberg News reported Wednesday (July 23), both proxy advisory firm Glass Lewis & Co. and Wise Co-founder Taavet Hinrikus have come out against the move. According to the report, Glass Lewis is still...
Fiserv’s management said Wednesday (July 23) that its flagship point of sale offering, Clover, is still on track to hit $3.5 billion in annual sales this year. But as the company trimmed guidance for 2025, and as Clover’s momentum appeared to slow in the second...
Equifax’s latest results showed momentum in its non-mortgage businesses, including verification for consumer lending and the government sector. Although results came in above expectations, the uncertainty of tariffs — and their impact on interest rates and hiring — have tempered top-line expectations. The company is...
KeyCorp is increasing its number of frontline bankers and client advisers by 10% and has boosted its investment in technology by nearly $100 million this year to support the company’s growth. The firm defines frontline bankers as investment bankers, middle market relationship managers, payments advisors...
American Express isn’t waiting for the economy to make up its mind. It’s already betting cardholders will keep spending even as headlines wobble from “soft landing” to “hard stop.” That bet was on full display during the company’s Q2 earnings call Friday (July 18), where the...
Regions Financial Corp.’s investments in technology and talent drove 10% year-over-year growth in revenue in the second quarter, bringing the regional bank’s total revenue for the quarter to $1.9 billion, according to a Friday (July 18) earnings release. “We are very proud of our second-quarter...
Amid macro uncertainty, shifting interest rate dynamics and a skeptical market, mitigating risk while unlocking new growth is the name of the game for lenders as they search for relevance in a rapidly transforming banking landscape. That was the theme of the executive commentary during...
PepsiCo is doubling down on productivity initiatives and brand innovation to offset rising supply chain costs due in part of tariffs amid flat sales in its North American business, executives said during the company’s second-quarter earnings call on Thursday (July 17). To mitigate higher fixed...