Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

TD Bank Puts Aside $2.6 Billion for Money Laundering Investigation
TD Bank Puts Aside $2.6 Billion for Money Laundering Investigation
August 22, 2024  |  Banking

Lapses in its anti-money laundering (AML) program continue to cost Toronto-Dominion Bank (TD Bank). The lender announced third-quarter earnings Thursday (Aug. 22) that include a $2.6 billion provision related...

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TJX Sales Climb as Consumers ‘Keep Seeking Value’
TJX Sales Climb as Consumers ‘Keep Seeking Value’
August 21, 2024  |  Earnings

TJ Maxx/Marshalls’ parent TJX continues to benefit from value-chasing consumers. The discount retail company released earnings Wednesday (Aug. 21) showing sales up 6% for the...

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Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

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Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
August 21, 2024  |  Retail

Macy’s officials are confident in their “A Bold New Chapter” strategy, highlighted by the company’s First 50 locations. During its second-quarter earnings call Wednesday (Aug....

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Teladoc Health’s New CEO Emphasizes Potential for Improvement Amid Mixed Results
Teladoc Health’s New CEO Emphasizes Potential for Improvement Amid Mixed Results
August 20, 2024  |  Healthcare

Teladoc Health boasts substantial strengths and is positioned for enhanced performance, but according to new CEO Chuck Divita, there is work to do. “The company...

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Lowe’s Looks to Grow With Pros as Consumer Demand Dwindles
Lowe’s Looks to Grow With Pros as Consumer Demand Dwindles
August 20, 2024  |  Earnings

The home improvement market could use some improvement itself. That’s the latest from Lowe’s Companies Inc. During its second-quarter 2024 earnings call Tuesday (Aug. 20),...

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Freightos Acquires International Procurement Platform Shipsta
Freightos Acquires International Procurement Platform Shipsta
August 19, 2024  |  Earnings

The freight market makes the world’s trade and commerce go ’round. And, if the Monday (Aug. 19) second-quarter 2024 earnings call from freight booking and...

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Travel Platforms Reroute Strategies to Elevate Customer Engagement
Travel Platforms Reroute Strategies to Elevate Customer Engagement
August 16, 2024  |  Travel Payments

As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets...

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Reddit’s Focus on Partnerships, Dynamic Product Ads Drive Surge in Ad Revenue, Daily Users
Reddit’s Focus on Partnerships, Dynamic Product Ads Drive Surge in Ad Revenue, Daily Users
August 15, 2024  |  Social Commerce

Reddit, the digital forum renowned for its diverse user-generated content, is advancing its presence in the advertising sector through a strategic focus on its community...

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