Earnings

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

Walgreens Accelerates Digital Transformation

Walgreens Accelerates Digital Transformation
Walgreens Accelerates Digital Transformation
October 16, 2020  |  Retail

A 29 percent drop in revenue brought the heat from analysts and the stock market on Thursday (Oct. 15), as Walgreens Boots Alliance reported results...

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Apparel Company VF Corp. Reports YOY Revenue Declines; Declares Dividend
Apparel Company VF Corp. Reports YOY Revenue Declines; Declares Dividend
October 16, 2020  |  Retail

Clothing maker VF Corporation, whose lineup of high-profile brands includes Dickies, Vans, Timberland, The North Face and others, on Friday (Oct. 16) reported operating income...

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Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
October 15, 2020  |  Earnings

Call it silver linings — maybe not yet green shoots. But bank earnings are showing that loan loss reserves were more conservative than needed (at...

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United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
October 15, 2020  |  Earnings

United Airlines reported Thursday (Oct. 15) that it achieved a $21 million target average daily cash burn as well as $4 million of average debt...

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Truist Reports Strong Core Fee Income In Q3 Earnings Report
Truist Reports Strong Core Fee Income In Q3 Earnings Report
October 15, 2020  |  Earnings

Truist Financial Corporation reported on Thursday (Oct. 15) strong noninterest-bearing deposit growth and the completion its first major client-facing conversion, Truist Securities, in Q3 2020....

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Tiffany Upbeat On Sales, Operating Earnings Amid COVID-19 Comeback
Tiffany Upbeat On Sales, Operating Earnings Amid COVID-19 Comeback
October 15, 2020  |  Retail

Tiffany & Co. said that preliminary results for August and September 2020 are positive, even as its “worldwide net sales for the two-month period declined...

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Walgreens Profits Fall As UK Business Struggles In Fourth Quarter
Walgreens Profits Fall As UK Business Struggles In Fourth Quarter
October 15, 2020  |  Retail

Walgreens Boots Alliance said its fourth-quarter profits dropped 45 percent to $373 million from $677 million a year earlier as the U.K. business, in particular,...

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Goldman’s Marcus Deposits Increase $4B In Q3 To $96B
Goldman’s Marcus Deposits Increase $4B In Q3 To $96B
October 14, 2020  |  Earnings

Goldman Sachs’ latest results showed continued traction in its digital, consumer banking efforts even as its core trading and asset management segments soared. Get the...

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Today In Payments: Purchases Using Voice-Assistants Up 10 Pct; Afterpay Goes In-Store Nationwide With Major Retailers
Today In Payments: Purchases Using Voice-Assistants Up 10 Pct; Afterpay Goes In-Store Nationwide With Major...
October 14, 2020  |  News

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Plus, J.P....

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