Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky. Net revenues reached $887 million in the first quarter, a 17% increase fueled by a 46% surge by Wizards of the Coast...
Shares of Fiserv plummeted in intraday trading Thursday (April 24) in the wake of its first-quarter earnings report, which showed slowing growth in its Clover point-of-sale operations and a decline in payments processing activity in its Merchant Solutions segment as consumers pared their spending. An...
A reduction in migration across Latin America led to slower growth in the remittances business at Western Union in the first quarter. The provider of cross-border, cross-currency money movement, payments and digital financial services saw its volume of Consumer Money Transfer (CMT) transactions in the...
UnitedHealth Group is downgrading its 2025 revenue forecast because of issues with its Medicare business. Speaking during a conference call Thursday (April 17) discussing first-quarter earnings, CEO Andrew Witty said the company began the year in two different ways. The first way was to provide...
April 24, 2025
Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending acquisition by Capital One. An earnings presentation showed that increased debit spending helped drive PULSE network volumes up 3% in the period, to $81.3 billion. During a conference call with […]
March 13, 2025
The hospitality industry is built on service, but the hotel experience has remained largely unchanged for decades. Guests arrive at a front desk, provide identification, hand over a credit card...
March 04, 2025
Middle-market companies are confronted with a volatile business environment that challenges their ability to make informed decisions and maintain competitive positions. According to the PYMNTS Intelligence eBook “10 Impact Statements,”...
February 27, 2025
During their respective earnings calls earlier this month, Amazon and Walmart were cautious in their first-quarter 2025 outlooks, reflecting concerns about inflation and slowing consumer spending. Amazon’s projected revenue of...
April 24, 2025
Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky. Net revenues reached $887 million in the first quarter, a 17% increase fueled by a 46% surge by Wizards of the Coast and licensed digital gaming, according to a Thursday (April 24) […]
April 24, 2025
A reduction in migration across Latin America led to slower growth in the remittances business at Western Union in the first quarter. The provider of cross-border, cross-currency money movement, payments...
April 17, 2025
UnitedHealth Group is downgrading its 2025 revenue forecast because of issues with its Medicare business. Speaking during a conference call Thursday (April 17) discussing first-quarter earnings, CEO Andrew Witty said...
April 17, 2025
Fifth Third Bancorp executives highlighted their proactive management and the bank’s ability to navigate uncertain environments during a conference call Thursday (April 17) discussing first-quarter earnings. They said these qualities...