Earnings

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

Discover 3Q Shows Higher Card Spending, Charge-Offs Too
Discover 3Q Shows Higher Card Spending, Charge-Offs Too
October 25, 2017  |  Payment Methods

Amid what management termed “healthy broader economic trends” in the United States, Discover Financial Services said that rising rates – coupled with increased credit card...

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Capital One Surprises The Street With Better Than Expected Results
Capital One Surprises The Street With Better Than Expected Results
October 25, 2017  |  Earnings

Rising interest rates and rising card defaults created an interesting split position for Capital One’s earnings picture for Q3. Get the Full Story Complete the...

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With 218M Active Users And 17M Merchants, PayPal Predicts A Strong Finish For 2017
With 218M Active Users And 17M Merchants, PayPal Predicts A Strong Finish For 2017
October 20, 2017  |  Earnings

“PayPal delivered one of its strongest quarters since becoming an independent company,” said Dan Schulman, CEO of PayPal, in a statement. “Putting our customers first...

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eBay’s Rough Earnings Ride
eBay’s Rough Earnings Ride
October 19, 2017  |  Earnings

It wasn’t exactly an inspiring earnings report for eBay in the third financial quarter of 2017, and investors made their displeasure known by docking eBay’s...

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Wells Fargo CEO Bullish On The Future
Wells Fargo CEO Bullish On The Future
October 19, 2017  |  Security & Fraud

Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. Get the Full...

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Loans Boost AmEx Q3 As Chenault Bids Adieu
Loans Boost AmEx Q3 As Chenault Bids Adieu
October 19, 2017  |  News

American Express posted Q3 results that beat the Street on growth in its lending and card businesses. Get the Full Story Complete the form to...

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Bank Of America Reports $4B In P2P Via Zelle Network In Q3
Bank Of America Reports $4B In P2P Via Zelle Network In Q3
October 16, 2017  |  Earnings

Rounding out a slew of big bank earnings that came last week, Bank of America reported its third-quarter results Friday. Like its peers, it showed...

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Citi’s Q3: U.S. Consumer Credit Down And Credit Losses Up
Citi’s Q3: U.S. Consumer Credit Down And Credit Losses Up
October 13, 2017  |  Market Conditions

It was a beat, for Citigroup, but maybe not as clean a beat as investors might have liked, muddied a bit by the latest credit...

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Chase Crushes Q3 Earnings With Strong Card Spend And Mobile Growth
Chase Crushes Q3 Earnings With Strong Card Spend And Mobile Growth
October 12, 2017  |  Earnings

Banking giant JPMorgan reported results that bested Wall Street estimates on Thursday, buoyed in part by strong growth in its card business and mobile initiatives....

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