Earnings

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

Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales

Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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Blue Apron Sees Upside Potential In Meal Kits Despite Industry Challenges
Blue Apron Sees Upside Potential In Meal Kits Despite Industry Challenges
February 19, 2020  |  Earnings

The meal kit industry is full of challenges – from subscriber churn to competition in a crowded field. But some firms see opportunities in the...

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Walmart Sees 37 Pct Growth In eCommerce, In-Store Sales Remain Tepid
Walmart Sees 37 Pct Growth In eCommerce, In-Store Sales Remain Tepid
February 18, 2020  |  Earnings

After eight consecutive earnings beats, Walmart finds itself at the start of 2020 in the unusual position of missing analyst targets, as a tepid holiday...

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India’s OYO: China Expansion Came At Great Cost
India’s OYO: China Expansion Came At Great Cost
February 17, 2020  |  Earnings

Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. Get the Full...

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WEX Rides Fuel Business And Healthcare To Solid 2019 Earnings
WEX Rides Fuel Business And Healthcare To Solid 2019 Earnings
February 13, 2020  |  Earnings

Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today....

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Today In Payments: PBOC Patents Show China’s Push For Digital Money; Fiserv Intros Scan To Pay For Diners With Apple Pay
Today In Payments: PBOC Patents Show China’s Push For Digital Money; Fiserv Intros Scan To...
February 13, 2020  |  News

In today’s top payments news, the People’s Bank of China has filed more than 80 patents as it attempts to adopt a digital currency, and...

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Equifax Sees 33 Pct Growth In Verification Services Revenues
Equifax Sees 33 Pct Growth In Verification Services Revenues
February 13, 2020  |  Earnings

Equifax reported results that showed growth in key mortgage and verification segments even as it continued to reserve for costs related to the 2017 data...

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Alibaba Group’s Retail Sales Surge 38 Pct In Q4
Alibaba Group’s Retail Sales Surge 38 Pct In Q4
February 13, 2020  |  Earnings

In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had revenue of $23.19...

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Today In Payments: German Leaders To Vote On eScooter Ban; Softbank Takes Hit In Quarterly Earnings
Today In Payments: German Leaders To Vote On eScooter Ban; Softbank Takes Hit In Quarterly...
February 12, 2020  |  News

In today’s top news, Germany’s leaders will vote on the Road Traffic Act on Friday, which will determine the regulation of eScooters in the country,...

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