Earnings

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

Metro Bank Chairman Leaves Board Amid Q3 Losses

Metro Bank Chairman Leaves Board Amid Q3 Losses
Metro Bank Chairman Leaves Board Amid Q3 Losses
October 23, 2019  |  Earnings

Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million...

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Zelle Transaction Volumes Hit $49B, Spike 73 Pct YOY
Zelle Transaction Volumes Hit $49B, Spike 73 Pct YOY
October 23, 2019  |  Earnings

Zelle’s third-quarter results show that its year-over-year payment values increased by 58 percent, while transaction volume rose by 73 percent. Get the Full Story Complete...

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Snap Doubles Down On Premium Content Amid Q3 Growth
Snap Doubles Down On Premium Content Amid Q3 Growth
October 23, 2019  |  Earnings

Efforts to rebuild its Android app have paid off for Snapchat operator Snap, according to the company’s latest financial report, which was released late on Tuesday (Oct. 22)....

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Discover’s Payment Services Drive Network Volumes Up 7 Pct
Discover’s Payment Services Drive Network Volumes Up 7 Pct
October 23, 2019  |  Earnings

Discover Financial Services posted third-quarter results that topped expectations on the heels of loan growth and payments volume. Get the Full Story Complete the form...

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Chipotle Drives Digital To Q3 Wins
Chipotle Drives Digital To Q3 Wins
October 22, 2019  |  Earnings

Get ready for more digital drive-throughs in the world of quick-service restaurants (QSRs). That was one of the main messages on Tuesday (Oct. 22) in...

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McDonald’s Misses Q3 Earnings Estimates Amid Delivery Push
McDonald’s Misses Q3 Earnings Estimates Amid Delivery Push
October 22, 2019  |  Retail

As the quick-service restaurant (QSR) company aims to bring in more diners, McDonald’s is reaching for price increases and deals. It used promotions, offerings and menu...

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For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
October 22, 2019  |  Personnel

Day One is over. For Charles Scharf, who has taken the reins as CEO of Wells Fargo, the list of what needs fixing — and what...

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Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue
Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue
October 21, 2019  |  News

In today’s payments news, Mastercard is rolling out Mastercard Bill Pay Exchange with the help of several new partners. Also, card member spending, among other...

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