JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending, and also showed growth in its mobile and digital initiatives. Get the Full Story Complete the form to unlock this...
It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amid a banner year for prescriptions along with a rise in refills from digital channels, Walgreens Boots Alliance beat earnings expectations, but fell short on top-line estimates. The pharmacy chain reported earnings per share of $1.48 and revenues of $33.4 billion compared to estimates of...
Snap, the maker of a disappearing messenger app, may have to raise capital by the middle of next year, according to MoffettNathanson. The Wall Street firm wrote in a research note that the company is running out of cash. Get the Full Story Complete the form...
Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. 9), predicting the iPhone maker will see increased momentum thanks to the launch of its latest round of mobile devices. Get the Full Story Complete the form to unlock this article and...
Shares of Square dropped more than 8 percent on Monday (Oct. 8), as a bear on the Street said the firm is taking on credit risk that may be too easily dismissed. Might investors retrain their sights on tech upstarts that could be biting off...
Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from $75. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via mobile devices and other computers. Get the Full Story Complete the form to unlock this...
Consider it one of the main lessons to come out of the second quarter earnings season: Hedging — as in preparing for currency fluctuations and other factors — is something that eCommerce firms need to embrace, too. Get the Full Story Complete the form to unlock...
