In news surprising to no one, The Galaxy Note both literally and figuratively torched Samsung’s earnings last quater. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Payments giant Visa posted growth in payments volumes and got a boost, as can be expected, from its Visa Europe acquisition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Third-quarter earnings were a slam-dunk for PayPal, which beat the street and announced a global partnership that bounced the stock price in after-hours trading. PayPal’s share price had been declining in early October, but the impressive numbers turned that around. Get the Full Story Complete...
American Express surprised analysts with its third quarter earnings announcement yesterday [October 19], and stock jumped significantly in after-hours trading. Adjusted earnings per share exceeded analysts’ predictions, and the company raised its guidance for the rest of the year. Get the Full Story Complete the...
Credit card giant American Express reported results that showed continued traction in consumer spending in the third quarter, with earnings of $1.20, up above estimates by $0.23. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In the biggest and most impressive move of the week, Net 1 UEPS Technologies soared 23 percent on the week, as the alternative payments company said that it is buying a stake in Blue Label Telecoms. Net 1 has grabbed a 10 percent discount for...
The PYMNTS Stock Index was rather even-keeled this time around, with not much news moving the winners. The stock market rallies that took place at the end of the week were enough to lift many boats beyond pure financial firms (even speculation over bank stress...
Costco Wholesale, the warehouse club retailer, was able to post higher-than-expected profit for its fourth quarter, and it has lower fees to credit card partner Visa partly to blame. The other reason for the better-than-expected performance: Shoppers plunked down more cash for appliances, electronics and...