Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

Goldman’s Marcus Logs $35B In Deposits In 2018

Goldman’s Marcus Logs $35B In Deposits In 2018
Goldman’s Marcus Logs $35B In Deposits In 2018
January 16, 2019  |  Earnings

Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by strength in its...

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Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
January 16, 2019  |  Earnings

Zelle P2P payments increased 97 percent in the fourth quarter of 2018, Bank of America said Wednesday (Jan. 16), signaling the latest burst of growth...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
January 15, 2019  |  IPO

Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s...

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Chase Active Mobile Users Hit 33.3M
Chase Active Mobile Users Hit 33.3M
January 15, 2019  |  Earnings

In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...

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Alibaba Shares Fall On Slowing Chinese Economy
Alibaba Shares Fall On Slowing Chinese Economy
January 14, 2019  |  Investments

Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is slowing down, according...

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RBC: Services Revenue May Not Save Apple
RBC: Services Revenue May Not Save Apple
January 14, 2019  |  Apple

Global investment firm RBC Capital Markets sent out a note on Sunday (Jan. 13) saying that Apple’s services revenue growth has slowed to 18 percent...

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Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019  |  Earnings

Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers...

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Goldman Sachs To Offer More On Deposits For Cash Management Clients
Goldman Sachs To Offer More On Deposits For Cash Management Clients
January 14, 2019  |  B2B Payments

Goldman Sachs is planning to launch a cash management service next year, and might even offer its existing corporate clients more for their deposits as...

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