Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift results above Wall Street estimates, while digital initiatives showed strong momentum. Get the Full Story Complete the form to unlock this article and...
Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in consumers using bits and bytes to bank, according to earnings materials from the company. Get the Full Story Complete the...
It’s not all about stocks and bonds. A trio of heavy hitters in the banking industry — JPMorgan Chase, Citigroup and Wells Fargo — reported results on Friday (April 13), kicking off earnings season in earnest. Get the Full Story Complete the form to unlock...
Verifone Systems has agreed to a $3.4 billion deal – accounting for both cash and debt – that will take the firm private, Reuters reported Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Naspers, the South African media and internet company, is unloading 2 percent of its stake in China’s Tencent, giving it up to $11 billion in return. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cardlytics reported its inaugural quarter as a public company, with a net loss (non-GAAP) of 18 cents per share, beating the Street by 15 cents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Apple needs to watch its back: Amazon might just beat the world’s most valuable publicly listed company to the $1 trillion mark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Verifone is in the midst of moving beyond the terminal to embrace commerce driven by software. In meeting 1Q Street results, Verifone CEO, Paul Galant, said that the double digit growth in service revenues, prove that investments in commerce and the cloud are reaping big...
The retail outlook was bleak when, on the first earnings call of 2017, Target announced plans to invest more in digital, fulfillment and employee culture. One year later, however, the investment strategy has delivered some payoffs. Get the Full Story Complete the form to unlock...
