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...
It was a good news, bad news type of earnings report for apparel and accessories department store chain Nordstrom, according to recent reports from industry news source Chain Store Age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Equifax released earnings late Thursday, the same day that it said 2.4 million more individuals in the US fell victim to the infamous 2017 hack. The numbers were, well, decent against a backdrop of negativity, as the company beat top and bottom lines. But the...
Worldpay reported results on Wednesday (Feb. 28) that beat analyst expectations, as transactions grew in the mid-single 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. yesSubscribe to...
Kohl’s is showing signs of renewed strength as its Q4 earnings results filter in across the wires, bucking its rough recent history to log Q4 earnings and revenue that outstripped analyst estimates. The success was chalked up to tighter inventory controls and powerful sales growth...
