Earnings

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

Earnings Season Sways Payments Stocks
Earnings Season Sways Payments Stocks
July 24, 2017  |  Investments

Perhaps it is no surprise, but earnings season held sway over Wall Street this past week, and the same was true for payments stocks. As...

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Amex, IBM Make B2B Finserv A Mixed Bag For Q2
Amex, IBM Make B2B Finserv A Mixed Bag For Q2
July 24, 2017  |  B2B Payments

The year’s second quarter is a mixed bag for the financial firms servicing businesses. Muted corporate spend tempered American Express’ performance in its commercial card...

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Today in Data: Friday Earnings Update
Today in Data: Friday Earnings Update
July 21, 2017  |  Today In Data

It’s earnings time again, and many companies have shared their numbers for the end of their respective sales quarters. Get the Full Story Complete the...

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Capital One Beats Street on Higher Credit Card Balances, Interest Rates
Capital One Beats Street on Higher Credit Card Balances, Interest Rates
July 21, 2017  |  News

Boosted by increases in its credit card portfolio and interest rates,  Capital One Financial beat estimates for the second quarter. Get the Full Story Complete...

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Rewards Hit Margins But Amex 2Q A Street Beat
Rewards Hit Margins But Amex 2Q A Street Beat
July 20, 2017  |  Earnings

Amex CFO Jeff Campbell told analysts that while card member spending grew, so did the costs of rewarding those well-heeled cardholders to keep them in...

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BoA Beats Street on Consumer Biz; Mobile Use Grows
BoA Beats Street on Consumer Biz; Mobile Use Grows
July 18, 2017  |  Earnings

The second-biggest bank by assets, Bank of America, said Tuesday that earnings were up on gains in all businesses beyond trading, according to the latest...

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FedEx Warns TNT Might Never Fully Recover From June Cyberattack
FedEx Warns TNT Might Never Fully Recover From June Cyberattack
July 18, 2017  |  Fraud Attack

As FedEx Corp.’s TNT unit is still working to fulfill deliveries and catch up on some transactions by hand, the company said its information systems...

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Citigroup Beats on 2Q, Despite Trading Slip
Citigroup Beats on 2Q, Despite Trading Slip
July 14, 2017  |  Earnings

Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan...

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Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

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