Earnings

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

Facebook Grows User Base 8 Percent, Bullish On Commerce

Facebook Grows User Base 8 Percent, Bullish On Commerce
Facebook Grows User Base 8 Percent, Bullish On Commerce
April 24, 2019  |  Facebook

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and...

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AT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
AT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
April 24, 2019  |  Earnings

Revenue for telecommunications giant AT&T missed Wall Street expectations on Wednesday (April 24), due to a loss in subscribers throughout all of its various businesses...

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eBay Payments Biz Grows 61 Pct QoQ
eBay Payments Biz Grows 61 Pct QoQ
April 24, 2019  |  Earnings

The expectations for eCommerce giant eBay’s quarter may have been muted, and so the company’s latest quarterly results were better than expected. In terms of...

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All Eyes On eBay’s Strategic Review, Active Buyer Growth
All Eyes On eBay’s Strategic Review, Active Buyer Growth
April 22, 2019  |  Earnings

The big banks have kicked off earnings season. One common theme has been the consumers’ continuance to spend. Across cards, across debits and credit, amid a...

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Chipotle Hacked, Payment Credentials Compromised
Chipotle Hacked, Payment Credentials Compromised
April 19, 2019  |  Security & Fraud

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. Many customers...

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Amex Q1 Cardholder Spending, Loans Up
Amex Q1 Cardholder Spending, Loans Up
April 18, 2019  |  Earnings

American Express, in reporting its latest quarterly results, showed evidence Thursday (April 18) morning that consumer spending remains resilient, even having navigated the bumps of...

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IBM Q1 Shows Systems Drag While Firm Reaches Toward The Cloud (And Blockchain)
IBM Q1 Shows Systems Drag While Firm Reaches Toward The Cloud (And Blockchain)
April 17, 2019  |  Earnings

Blockchain got a few mentions during IBM’s conference call with analysts after earnings were released Tuesday (April 16) after the markets closed. Artificial intelligence (AI) got...

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BoA’s Zelle Transactions Up 103 Pct In Q1
BoA’s Zelle Transactions Up 103 Pct In Q1
April 16, 2019  |  Earnings

Bank of America (BoA) missed on revenue when it reported its Q1 earnings on Tuesday (April 16) and predicted net interest income would rise half...

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Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
April 16, 2019  |  Digital Banking

Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report....

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