Earnings

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

JPMorgan Q2 Chase Credit Card Volume Plunges 23 Pct

JPMorgan Q2 Chase Credit Card Volume Plunges 23 Pct
JPMorgan Q2 Chase Credit Card Volume Plunges 23 Pct
July 14, 2020  |  Earnings

J.P. Morgan Chase – America’s biggest bank in asset terms – on Tuesday (July 14) became one of the first financial firms to show how...

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Citigroup Trading Revenue Boosts Q2 Results
Citigroup Trading Revenue Boosts Q2 Results
July 14, 2020  |  Earnings

A surge in fixed-income trading revenue amid a roller coaster ride on Wall Street helped Citi turn a profit during a turbulent second quarter, despite...

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Wells Fargo’s Teller, ATM Transactions Drop 28 Pct Amid Pandemic
Wells Fargo’s Teller, ATM Transactions Drop 28 Pct Amid Pandemic
July 14, 2020  |  Earnings

Wells Fargo reported Tuesday (July 14) that its teller and ATM transactions plunged 28 percent in the second quarter amid COVID-related temporary branch closures and...

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Biggest Banks Brace For Loan Losses
Biggest Banks Brace For Loan Losses
July 14, 2020  |  Banking

The country’s largest banks by assets have set aside nearly $30 billion to cover losses associated with COVID-19, a tally of recently disclosed plans indicates....

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Retail Recovery Continues Its Inconsistent Path
Retail Recovery Continues Its Inconsistent Path
July 13, 2020  |  Retail

The retail recovery continues to be inconsistent, as new reports show that upstream ordering issues will start to hurt suppliers and intermediaries as the pandemic...

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Bank Lending Under Pressure As Investment Banking Booms
Bank Lending Under Pressure As Investment Banking Booms
July 12, 2020  |  Banking

Bank earnings have unusually high stakes this quarter, with investors’ dividends at stake and banks expected to add billions to their loan-loss reserves due to...

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What’s Behind Square’s Stock Price Surge?
What’s Behind Square’s Stock Price Surge?
July 07, 2020  |  Digital Payments

Wall Street has famously been called “both voting machine and weighing machine.” Get the Full Story Complete the form to unlock this article and enjoy...

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MercadoLibre Gross Merchandise Volume Soars 73 Pct In April
MercadoLibre Gross Merchandise Volume Soars 73 Pct In April
July 06, 2020  |  eCommerce

Buenos Aires-based eCommerce market MercadoLibre has seen a boost thanks to the pandemic, with shares climbing above $1,000 and sales spiking, Bloomberg reported. Get the...

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Sally Beauty Holdings Sees 278 Pct In Q3 Digital Growth
Sally Beauty Holdings Sees 278 Pct In Q3 Digital Growth
July 06, 2020  |  Retail

Amid its ongoing digital commerce transformation, Sally Beauty Holdings Inc. reported third-quarter digital growth of 278 percent over the prior year. The beauty retailer also...

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