Earnings

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

Symantec Potential Buyout Offer Boosts Shares

Symantec Potential Buyout Offer Boosts Shares
Symantec Potential Buyout Offer Boosts Shares
November 07, 2018  |  Partnerships / Acquisitions

Private equity firm Thoma Bravo has reportedly approached Symantec about acquiring the U.S. cybersecurity software company. CNBC cited a source familiar with the matter. As a...

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Lender Investors Bancorp Considers A Sale
Lender Investors Bancorp Considers A Sale
November 07, 2018  |  Banking

Lender Investors Bancorp is reportedly ready to start reaching out to potential buyers as it considers a sale. According to The Wall Street Journal, Investors, which...

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LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
November 07, 2018  |  Earnings

Class action settlements are in the rearview mirror, and September quarter results topped the Street.  LendingClub pointed to double digit loan originations and margin expansion...

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OnDeck Loan Originations Surge
OnDeck Loan Originations Surge
November 06, 2018  |  Earnings

OnDeck Capital said in its third-quarter results that loan origination volume jumped double digits year over year and sequentially, where the volume of $648 million...

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CVS Health Beats Q3 Estimates Amid Strong Pharmacy Revenue
CVS Health Beats Q3 Estimates Amid Strong Pharmacy Revenue
November 06, 2018  |  Retail

CVS Health beat analysts’ earnings and revenue estimates for the third quarter amid a rise in its pharmacy revenue. The retailer, which also said it...

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Apple Dials Back iPhone XR Production Boost
Apple Dials Back iPhone XR Production Boost
November 05, 2018  |  Apple

In a bid to call off a production boost for the iPhone XR, Apple has reportedly told Pegatron and Foxconn to stop plans for more...

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Ant Financial Posts Rare Quarterly Loss
Ant Financial Posts Rare Quarterly Loss
November 05, 2018  |  Earnings

Ant Financial, the Chinese FinTech giant and an affiliate of Alibaba Group, posted an earnings pre-tax loss of 2.4 billion yuan ($353 million USD) for the...

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Will Amazon, eBay And Apple Have A Happy Holiday Season?
Will Amazon, eBay And Apple Have A Happy Holiday Season?
November 02, 2018  |  Retail

After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy...

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Alibaba Trims Guidance on Macro Uncertainty, Consumer Count Up 4 Percent
Alibaba Trims Guidance on Macro Uncertainty, Consumer Count Up 4 Percent
November 02, 2018  |  Earnings

For Alibaba, the situation is a fluid one — uncertain enough on a macro level to cut guidance — as the Chinese consumer continues to...

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