Payments stocks were weighted just a bit to the upside as earnings season got officially under way. Though dominated by the likes of Visa and American Express, earnings reports also saw contributions from other companies. Most notable among companies on the upswing was Alliance Data...
Slow and steady wins the race? That’s what Portland-based tech property management company Vacasa is hoping for as it touts its pricing algorithm. The company, which has grown to 5,000 vacation rentals in 135 markets, is arguing that automated pricing in its market just isn’t...
Wealthfront, an automated online financial adviser, or “robo-adviser,” is reportedly breaking into the lending space. The company has become a client with RBC Capital Markets’ Correspondents Services, providing them with provides them with clearing and custody service. This relationship is part of a move that...
A biometric security startup with a fast growing membership-based secure identification program just recently scored a considerable amount of additional funding. CLEAR, the popular security line-busting experience that can be found at some 21 airports and six baseball stadiums around the U.S., just recently received $15...
When Steve Ballmer retired from Microsoft at age 57 he had a problem. Boredom. “I don’t, quote, ‘have anything to do,’” Balmer said of the time immediately following his retirement. Very publicly, Ballmer bought The LA Clippers. Privately, he embarked on a somewhat more ambitious...
Stocks moved to the downside this past week as the markets got ready for earnings season in earnest. Only a few names showed gains, and only one of them, MoneyGram International, notched gains of more than 1 percent. As has been noted, there has been...
The biggest of the big banks are slated to report earnings beginning this week. The results may be tepid, which, as Reuters noted, can be a blanket on the “Trump rally” of old. That would add, perhaps negatively, to muted hopes for legislation in the...
An additional $75 million in executive pay has been clawed back from two past executives as part of the ongoing fallout from investigations into sales practices at Wells Fargo. The action comes in the wake of a 113-page report released Monday (April 10) tied to...
Payment stocks posted mixed results through the past week, with a bit more weighting to the upside. The biggest gainer on the week was Mitek Systems, which grabbed a 10 percent rally and which may have been spurred by news earlier in the month that...
