A rise in consumer spending, broad-based across several geographies, helped Mastercard beat Wall Street estimates for the second quarter. 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...
Discover Financial Services announced news of its second quarter earnings results to Wall Street on Wednesday (July 26) that showed total loans increased 8 percent, or $6.1 billion, while credit card loans saw the same growth in the quarter. Get the Full Story Complete the...
Facebook managed to widely beat Wall Street expectations with its latest earnings report, causing a 4 percent pick-up in after hours trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Whole Foods Market managed to come out mostly ahead of analysts’ expectations as it offered its Q2 earning report — possibly one of the last few it will give before being folded into the Amazon family. Get the Full Story Complete the form to unlock...
PayPal reported earnings yesterday — and Wall Street liked what it saw. Shares were up 2 percent in after hour trading following the release of Q2 results that indicated PayPal’s revenue, earnings, profit, footprint, user base, merchant base and P2P payments customer base are all growing...
Credit card processor Total System Services reported results Tuesday after the markets closed that topped Wall Street expectations. 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...
In an outcome that surprised nearly no one, the massive $2.74 billion fine that European Union antitrust regulators handed down to Google for favoring its own commerce listings in search results took a fairly big bite out of Google parent company Alphabet’s profits during Q2....
Amex CFO Jeff Campbell told analysts that while card member spending grew, so did the costs of rewarding those well-heeled cardholders to keep them in the Amex boat. He also made it clear that Costco is increasingly in their rearview mirror as lending offers a...
The second-biggest bank by assets, Bank of America, said Tuesday that earnings were up on gains in all businesses beyond trading, according to the latest quarterly results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
