profits

Paytm’s Long Walk To Profitability 
Paytm’s Long Walk To Profitability 
September 11, 2019  |  Digital Payments

Paytm is perhaps the largest and best-known domestic name in mobile payments in India, but it continues to struggle on the path to profitability. As...

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India’s MobiKwik Turns A Profit
India’s MobiKwik Turns A Profit
September 03, 2019  |  International

The 10-year-old Gurgaon-headquartered mobile payments firm MobiKwik has hit its profit goals and is now making money, as reported on Tuesday (Sept. 3). “We have...

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Digital Delivers An Earnings Beat For Macy’s
Digital Delivers An Earnings Beat For Macy’s
May 15, 2019  |  Earnings

Today’s news is something of a departure from the more mournful tone of Macy’s Q4 earnings release, when a holiday shopping season that was forecast...

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New China Tariffs Can Boost Apple iPhone Costs By 3 Pct
New China Tariffs Can Boost Apple iPhone Costs By 3 Pct
May 15, 2019  |  Apple

New tariffs imposed by China could cause Apple’s iPhone production costs to rise as much as 3 percent, and negatively impact the company’s revenues. According...

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Credit Card Losses Top Home, Auto Loans At US Banks
Credit Card Losses Top Home, Auto Loans At US Banks
May 01, 2019  |  Loans

Credit card losses at the biggest banks are outpacing auto and home loans, with the biggest margin seen in the last 10 years, according to...

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GM Posts Better-Than-Expected Q1 Profits
GM Posts Better-Than-Expected Q1 Profits
April 30, 2019  |  Earnings

General Motors reported quarterly profit that was higher than expected on Tuesday (April 30), and the company said its shares were helped by holdings in...

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Blue Apron Achieves Profitability Under New CEO
Blue Apron Achieves Profitability Under New CEO
April 30, 2019  |  Earnings

Blue Apron continued to shed customers in the first quarter of 2018, but it reported a smaller net loss for the period than during the...

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H&M Reports Narrower Profit Decline Than Expected
H&M Reports Narrower Profit Decline Than Expected
April 01, 2019  |  Retail

H&M, the world’s second-largest retailer, reported a smaller than expected decline in profit for the first quarter. According to a report in Reuters, H&M credited...

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Lyft Posts $911M In 2018 Losses
Lyft Posts $911M In 2018 Losses
March 25, 2019  |  IPO

Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in...

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