Investment activity picked up the pace into the third week of the month, expanding off of already accelerating levels. The $634 million logged in the latest week shows that the initial low volume of deals marking the start of 2017 may, in fact, yield to...
Koubei, an affiliate of Alibaba that enables local commerce, raised $1.1 billion in a round of financing in January. 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...
Up, down and now up again. Big-league. The stock market, the dollar. 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...
As we enter the very beginning phase of a new government — with Congress and the presidency, obviously, in the Republican corner — the stock market appears a bit indecisive. By the end of the day Friday (Jan. 20), stocks were up modestly, and as of...
Amid the earnings reports that are just getting started among publicly traded companies, in privately held Unicornland, activity is stirring, too, most notably on the deal-making front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
American Express Co. said on Thursday that its fourth-quarter net income in 2016 was off 8 percent, weighed down in part by marketing expenses, and, as Bloomberg noted, reserves were taken to cover bad loans, which were up nine percent. Get the Full Story Complete...
Amid bank earnings showing buoyancy, Citigroup reported fourth-quarter earnings that beat expectations by two pennies, coming in at $1.14, even as revenues of $17 billion missed expectations by about $290 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Deep learning neural networks platform and software startup Neurala recently announced that it had closed a $14 million Series A venture funding round led by Pelion Venture Partners. Additional participants in the Series A included Sherpa Capital, Motorola Solutions Venture Capital and 360 Capital Partners,...
Two weeks into 2017 and the Investment Tracker is showing some steady motion, with total fund flows comfortably in the low triple-digit range. This past week, the tally stood at $349 million, with FinTech at almost $238 million of that. Get the Full Story Complete...
