Earnings

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

Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
January 16, 2019  |  Earnings

Zelle P2P payments increased 97 percent in the fourth quarter of 2018, Bank of America said Wednesday (Jan. 16), signaling the latest burst of growth...

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Blue Apron Shares Rise 28 Pct As It Reveals It Will Turn A Profit This Year
Blue Apron Shares Rise 28 Pct As It Reveals It Will Turn A Profit This...
January 16, 2019  |  Retail

Blue Apron saw its shares jump 28 percent on Tuesday (Jan. 15) after the company revealed that it could become profitable this year. Get the...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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Chase Active Mobile Users Hit 33.3M
Chase Active Mobile Users Hit 33.3M
January 15, 2019  |  Earnings

In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...

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RBC: Services Revenue May Not Save Apple
RBC: Services Revenue May Not Save Apple
January 14, 2019  |  Apple

Global investment firm RBC Capital Markets sent out a note on Sunday (Jan. 13) saying that Apple’s services revenue growth has slowed to 18 percent...

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Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019  |  Earnings

Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers...

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Macy’s Misses On Holiday Sales
Macy’s Misses On Holiday Sales
January 10, 2019  |  Retail

The holiday season was a bit less merry, from a comparable sales perspective, than Macy’s had been forecasting, as the department store retailer cut its...

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From Earnings Crunch To Credit Crunch?
From Earnings Crunch To Credit Crunch?
January 08, 2019  |  Economy

By any reckoning, there may be a reckoning coming for stocks. The December no one wants to remember is in the rearview mirror, while January has...

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Samsung Issues Earnings Warning Amid Slowing Smartphone, Chip Sales
Samsung Issues Earnings Warning Amid Slowing Smartphone, Chip Sales
January 08, 2019  |  Earnings

Citing a slowdown in China’s economy and a trade war between the U.S. and China, Samsung forecast a decline in operating profits for the fourth...

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