Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
October 13, 2021  |  Earnings

In the kickoff to earnings season, banking giant JPMorgan Chase posted third-quarter results that bested the Street’s expectations, underpinned by growth in credit card and...

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Strong Luxury Demand Drives LVMH Sales
Strong Luxury Demand Drives LVMH Sales
October 13, 2021  |  Retail

Luxury products group LVMH Moët Hennessy Louis Vuitton on Tuesday (Oct. 12) said its revenue rose 46% from 2020 in the first nine months of...

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JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
October 13, 2021  |  Earnings

Third-quarter profits exceeded expectations at J.P. Morgan Chase, with a 24% surge in net income of $11.7 billion, an increase of $2.2 billion, the largest...

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Q3 Bank Earnings Likely to See Continued Strong Debit Spending
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
October 12, 2021  |  Banking

Seems like yesterday we were looking toward second-quarter earnings reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
October 10, 2021  |  Banking

The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported....

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Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
October 07, 2021  |  Retail

Increased casualization and a need for new clothes are driving continued growth for apparel giant Levi Strauss & Co., with the company citing its diversified...

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Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

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CarMax Struggles to Build Inventory as Vehicle Shortage Continues
CarMax Struggles to Build Inventory as Vehicle Shortage Continues
September 30, 2021  |  Retail

Used car dealership chain CarMax said its inventory remains about 30% lower than it expected and down 15% year over year, cutting into vehicle availability...

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Bed Bath & Beyond Traffic Declines in Q2
Bed Bath & Beyond Traffic Declines in Q2
September 30, 2021  |  Retail

Bed Bath & Beyond saw a 26% drop in net sales in the second quarter of fiscal 2021 ending Aug. 28, compared to the same...

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