With a “merger of equals” that resulted in the formation of Truist Financial Corporation early last month, the financial services firm reported fourth-quarter results that reflected the “heritage” of BB&T before the merger and both BB&T and SunTrust from the merging closing date forward. The merger was...
A day after rivals in Cupertino posted revenue and earnings results at an all-time high, the team at Samsung had something less of a victory march when it reported its fourth quarter earnings. By the numbers, the electronics maker saw its Q4 operating profit drop...
PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. However, despite a solid holiday quarter, the digital payments giant found stock trading concerns about its Q1...
The digital transformation continues for technology giant Microsoft. 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...
As Mondelēz International, Inc. invested in its further growth in non-grocery channels such as eCommerce, discounters and convenience, the confectionary company experienced its first full year under its new consumer-centric growth strategy in 2019. It has also been working on expanding its distribution in fast-growing, developing...
Cord-cutting and the streaming wars are affecting AT&T’s bottom line and subscription base, triggering a disappointing fourth quarter, according to reports on Wednesday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. Get the Full Story Complete the form...
As Brinker International upgraded its tabletop technology and opened new eateries, the hospitality company reported that comparable restaurant sales increased 2 percent at its Chili’s locations in Q2 FY 2020 compared to the same period the prior year. By contrast, comparable restaurant sales fell 1.4 percent at...
Mastercard posted fourth quarter results Wednesday (Jan. 29) that showed increased spending on cards and across borders up double digits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
