losses

GameStop Will Continue Closing Stores Amid Customer Pivot To Digital
GameStop Will Continue Closing Stores Amid Customer Pivot To Digital
September 11, 2019  |  Retail

GameStop said on an earnings call that it’s going to close somewhere between 180 and 200 stores in an effort to expand its profitability, which...

READ MORE >
Losses Mount For India’s Paytm Parent One97
Losses Mount For India’s Paytm Parent One97
September 10, 2019  |  Mobile Payments

Paytm’s parent One97 Communications posted $549 million in net losses for the fiscal year ending in March, according to reports on Monday (Sept. 9). Get...

READ MORE >
Investors Sour On Uber, Lyft
Investors Sour On Uber, Lyft
September 03, 2019  |  Ridesharing

Shares of Uber and Lyft hit their lowest levels ever on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article...

READ MORE >
Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
August 12, 2019  |  Ridesharing

Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 billion, according to a report by CNBC. Get the Full Story...

READ MORE >
Uber Dials Back New Engineering Hires
Uber Dials Back New Engineering Hires
August 11, 2019  |  Ridesharing

Facing losses, San Francisco-based Uber is instituting a tech hiring freeze among other cost-savings measures, Bloomberg reported. Get the Full Story Complete the form to...

READ MORE >
LendingClub Logs Lower-Than-Expected Losses
LendingClub Logs Lower-Than-Expected Losses
August 07, 2019  |  Earnings

Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services...

READ MORE >
Despite FY19 Losses, Xero Shares Surge
Despite FY19 Losses, Xero Shares Surge
May 17, 2019  |  B2B Payments

Small business accounting firm Xero saw its financial losses widen for the 2019 fiscal year, yet shares surged for the company as much as 10...

READ MORE >
Uber/Lyft IPO Doldrums To Spill Over To WeWork?
Uber/Lyft IPO Doldrums To Spill Over To WeWork?
May 16, 2019  |  Investments

They say a rising tide lifts all boats. Maybe the opposite is true, too, in a way – that a rocky sea swamps all ships....

READ MORE >
Wells Ups Estimates Of Legal Losses To $3.1B
Wells Ups Estimates Of Legal Losses To $3.1B
May 05, 2019  |  Bank Regulation

Wells Fargo, the embattled national bank, is reportedly upping the money it may lose from legal actions, reported The Wall Street Journal. Get the Full...

READ MORE >