Wall Street

Hasbro Earnings Fall Short Of Q3 Estimates

With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues...

PayPal Shares Jump On Positive Earnings News

2.3K

Payments Innovation

PayPal Shares Jump On Positive Venmo, Earnings News

Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on...

1.7K

IPO

Uber’s IPO Value Pegged At $120B

For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as...

2.7K

Investments

As IPOs Rise, Red Ink Fails To Deter Investors

You know the acronym. IPO. Stands for Initial Public Offering. Or maybe it could stand for “It’s Profitable…Or not.” It doesn’t seem...

3.8K

Real Estate

Homebuilder Downgrade A Tough Housing Market Harbinger?

Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. As seen on Friday (Sept. 21), homebuilder equities took...

3.2K

Economy

JPMorgan Predicts Next Financial Crisis In 2020

Citing an analysis by JPMorgan Chase, Bloomberg reported the Wall Street bank doesn’t think the next financial crisis will be as painful as...

2.2K

Earnings

Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’

Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from...

2.1K

Earnings

Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price

Despite an earnings report that came in above what analysts were forecasting for Q2, Kohl’s share price slid after weaker than desired...

2.0K

Earnings

Tencent’s Profit Drop Drags On Chinese, Tech Stocks

There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside....

1.7K

Earnings

OnDeck Sees Loan Originations Up 26 Pct In 2Q

OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a...

2.2K

Apple

Apple Surpasses $1 Trillion In Market Cap

Apple became the first company trading in the U.S. to have a market capitalization of more than $1 trillion, hitting that milestone...

2.3K

Retail

Amazon Could Hit $1T Market Cap Before Apple

Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple...

3.7K

Earnings

First Data Sees Clover Volumes Up 50 Pct Year Over Year

Payments processor First Data posted results that topped expectations, buoyed by continued traction in its Global Business Services (GBS) segment, and with...

3.0K

Earnings

Wells Fargo’s Q2 Disappoints After Scandals

Wells Fargo, which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than...

1.9K

B2B Payments

Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market

Analysts are warning that rising competition among large lenders and shadow banks to issue junk bonds may cause a “race to the...

3.8K

Facebook

Expanded Federal Probe Sinks Facebook Shares

Following news that the U.S. government probe into the Facebook data breach connected with Cambridge Analytica has widened, shares of the company...

2.3K

Market Conditions

IPOs Make Comeback With $35.2B So Far In 2018

With 120 companies using initial public offerings (IPOs) to raise more than $35 billion on U.S. exchanges, companies are raising capital through...

4.1K

Earnings

Walgreens Fiscal 3Q Results Top Street, But Retail Sales Slip

Walgreens Boots Alliance Inc.’s latest earnings results came in above the Street on Thursday (June 28), boosted by the buyout of several...

2.3K

eCommerce

Shopify Stock Tanks Post-Retail Sales Tax Decision

Shopify’s stock fell on Wednesday (June 27) following a recent U.S. Supreme Court ruling that will enable states to collect more online...

3.5K

Earnings

Kroger Beats Q1 Estimates Amid Restock Kroger

As Kroger cuts prices and tests out new ways to sell products with its Restock Kroger program, the grocer beat earnings estimates...

4.1K

Retail

Stitch Fix Gets A Stock Boost From Oprah

She still has the magic touch — though that might be putting it mildly. Stitch Fix’s share price hit $29 on Wednesday...

2.3K

Retail

Stitch Fix Surprises Wall Street, Debuts Stitch Fix Kids

Along with announcing the launch of Stitch Fix Kids, apparel company Stitch Fix announced that it beat Wall Street expectations on Thursday (June...

1.7K

Economy

Jobs Report Spurs Some Optimism On The Street

Equities were up. Bonds were down. Investors, by and large, acted the way one might expect amid a jobs report that came...

3.4K

Earnings

MoneyGram Seeks More Digital Gains In 2018

MoneyGram’s first-quarter revenue and earnings missed Wall Street expectations on Tuesday (May 8), but the company is reporting early benefits from a...

4.4K

Retail

Blue Apron Looks To The Grocery Aisle After First Quarter Earnings

Meal kit delivery service Blue Apron is trying to build momentum beyond the first quarter as it eyes new sales channels to...

3.0K

Mastercard

Mastercard Results Outpace Street As Cross-Border Volumes Top 21 Percent

Credit and debit spend higher? For Mastercard the answer was a resounding yes, as the global consumer remains quick to buy with...

2.4K

Mobile Applications

Snap’s Stocks Take A Hit From Unpopular Redesign

Snap’s first-quarter sales fell short of analysts’ projections after its redesign, as shares fell as much as 19 percent in late trading....

2.5K

Earnings

Active Daily Orders Come Up Short For Grubhub In Q1

Growth from markets that do not include major cities fueled Grubhub’s revenue growth in the first quarter of 2018, an increase that...

3.6K

Earnings

First Data 1Q Report Beats Street Amid Traction In GBS, Clover Efforts

First Data reported earnings results on Monday (April 30) that topped Wall Street expectations, powered by organic growth and what looks to...

4.3K

Earnings

Equifax Breach Costs Top $242M As Q1 Revenue Grows 4 Percent

Equifax’s ongoing data breach recovery efforts will soon bring a new chief technology officer and other top security and IT talent to...

3.4K

Earnings

Twitter 1Q Delivers 69 Pct Growth In Ad Engagements

Twitter’s revenue growth continued in the first quarter of 2018, with its investments in personalized content and video advertising helping the social...

2.2K

Markets

Microsoft Catches Up To Amazon In Market Value

Apple remains the largest company in the world, but the battle is on for No. 2, as Microsoft has rallied to be...

3.8K

Earnings

Bank Of America Beats 1Q Estimates, Mobile Makes Double-Digit Gains

Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift...

3.5K

Earnings

Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced...

7.3K

Banking

Goldman Sachs Gearing Up To Enter Commercial Banking Market

Goldman Sachs has hired a senior engineer at JPMorgan to develop cash management tools as it eyes an entrance into the commercial...

2.8K

Amazon

JPMorgan Chase Clients Can Now Get Stock Info From Alexa

JPMorgan Chase & Co. has announced a partnership with Amazon that allows its institutional clients to get stock information from Alexa. According...

4.0K

Sizzle/Fizzle

Meal Kits Sizzle, iTunes Cards Fizzle, Tariffs Just Confuse

Who fizzled most this week from the news that a trade war looms, courtesy of the Donald Trump administration? There was the...

4.9K

Earnings

Equifax Clears Q4 Earnings Bar Despite More Bad News

Equifax released earnings late Thursday, the same day that it said 2.4 million more individuals in the US fell victim to the...

5.3K

Mobile Applications

Contrary To Kylie Jenner, Snapchat Is Doing Just Fine After Redesign

Wall Street doesn’t seem to care what Kylie Jenner thinks. Despite Jenner’s – and many users’ –criticism of its redesign, Snap shares...

3.3K

Retail

Walmart Disappoints Investors With eCommerce Growth Slowdown

Walmart stock is taking its roughest hits in two years after turning in an earnings performance investors found disappointing, according to Bloomberg....

5.3K

Retail

How Home Depot’s Hedging Against A Downturn With Digital

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly...

2.8K

Retail

Sears’ Sales Slide, But It Predicts A Profit

Sears offered another rather depressing earnings report but says recent restructuring of the U.S. tax code will help it post a profit...

6.1K

Earnings

First Data Sees Green In Clover And ISVs

First Data reported results on Monday (Feb. 12) that met Street expectations on the continued turnaround in its ISV business, and traction...

2.9K

Earnings

Weak Sales Depress Dunkin’ Earnings

Dunkin’ Donuts’ stock was down more than 3 percent after earnings were announced, despite better-than-expected Q4 results, according to news on Tuesday...