Earnings

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

LinkedIn’s Jeff Weiner To Become Its Chairman, Resigns As CEO
LinkedIn’s Jeff Weiner To Become Its Chairman, Resigns As CEO
February 05, 2020  |  Personnel

LinkedIn CEO Jeff Weiner announced that he is leaving his position on June 1 to become the executive chairman for the professional networking site. Get...

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Chipotle Mexican Grill Digital Sales Jump 78.3 Percent
Chipotle Mexican Grill Digital Sales Jump 78.3 Percent
February 05, 2020  |  Retail

With digital sales rocketing by 78.3 percent and accounting for 19.6 percent of sales, Chipotle Mexican Grill reported a comparable restaurant sales increase of 13.4 percent for...

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Snap’s Ads, Users And Earnings Up; Revenue And Stock Down
Snap’s Ads, Users And Earnings Up; Revenue And Stock Down
February 05, 2020  |  Earnings

Despite showing strength in several measures — revenue and Q1 forecasts beat pre-release estimates, Snap showed notable growth in its active user base, Discover video content...

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Fiserv Internal Revenue Up 5 Pct, Clover Volume Grows More Than 40 Pct
Fiserv Internal Revenue Up 5 Pct, Clover Volume Grows More Than 40 Pct
February 04, 2020  |  Earnings

Fiserv reported Q4 earnings results that — in the wake of its First Data acquisition — showed progress on realizing revenue synergies, as well as strong...

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Top News In Payments: Tougher Criteria For 2020 Business Loans; Wordline To Buy Ingenico
Top News In Payments: Tougher Criteria For 2020 Business Loans; Wordline To Buy Ingenico
February 04, 2020  |  News

In today’s top news, U.S. banks are expected to tighten standards for 2020 business loans, Wordline is buying rival payments firm Ingenico, and Alphabet released...

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Top News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
Top News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
January 31, 2020  |  News

In today’s top news, Visa reported positive first-quarter earnings, totaling 700 million Visa Direct transactions, and CFPB sued Citizens Bank for violating the Truth in...

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Amazon Hits 150M Prime Users And Commits Billions  To One-Day Shipping
Amazon Hits 150M Prime Users And Commits Billions To One-Day Shipping
January 31, 2020  |  Earnings

Back to the trillion-dollar club they go. Amazon’s stock price shot up in after-hours trading, as the eCommerce company blasted past expectations when it announced...

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Facebook CFO Hints At WhatsApp Payments Expansion Beyond India
Facebook CFO Hints At WhatsApp Payments Expansion Beyond India
January 30, 2020  |  Earnings

Facebook recently released its quarterly earnings report for the period ending on Dec. 31. During the earnings call, the company touched on its plans for...

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Truist Branch Conversions Delayed Due To Regulators, Digital Tech
Truist Branch Conversions Delayed Due To Regulators, Digital Tech
January 30, 2020  |  Earnings

With a “merger of equals” that resulted in the formation of Truist Financial Corporation early last month, the financial services firm reported fourth-quarter results that reflected the...

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