Earnings

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

Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
November 01, 2017  |  Partnerships / Acquisitions

Citigroup announced that it expects to record a $150 million pretax gain on the sale to American Express of a $1.2 billion credit card portfolio,...

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Mastercard Posts Biggest Revenue Jump All Year
Mastercard Posts Biggest Revenue Jump All Year
November 01, 2017  |  Mastercard

Mastercard came out ahead of Wall Street’s forecasts when its Q3 earnings report hit the wires before the markets opened yesterday – notching a beat on both...

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Shopify CEO Mum On Details To Quell Citron Short Seller
Shopify CEO Mum On Details To Quell Citron Short Seller
October 31, 2017  |  Retail

Retail software platform Shopify’s chief executive officer, Tobi Lutke, wants to address complaints lodged by short seller Andrew Left of Citron Research during its upcoming earnings...

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First Data 3Q Shows Slip In N. America Biz Solutions Turnaround
First Data 3Q Shows Slip In N. America Biz Solutions Turnaround
October 31, 2017  |  Earnings

First Data reported earnings that were largely in line with expectations, but showed softness within some of its North American operations. Revenues were $1.9 billion for...

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Frightful Five Add $181B To Wall Street
Frightful Five Add $181B To Wall Street
October 30, 2017  |  Stock Index

With technology earnings in full swing, Apple, Alphabet, Amazon and Facebook all added billions of dollars in market value last week alone. According to a...

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Facebook: Too Big To Govern?
Facebook: Too Big To Govern?
October 30, 2017  |  Facebook

In December of 2008, Lindsay Ronson tried to log into her Facebook account with a new password — one she had recently created after experiencing, she...

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Mobile Drives Alphabet/Google Q3 Earnings Surge
Mobile Drives Alphabet/Google Q3 Earnings Surge
October 27, 2017  |  Amazon

Alphabet, the parent firm of Google, seems to be dotting its “I”s and crossing its “T”s as the company delivered third-quarter results that showed traction...

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Merchant Services Growth Drives Vantiv Q3 Gains
Merchant Services Growth Drives Vantiv Q3 Gains
October 27, 2017  |  eCommerce

Payments processing firm Vantiv posted third-quarter results on Thursday (Oct. 26) that showed traction in core businesses even as the company prepares, through its deal...

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Prime And Alexa Scores, Amazon Stock Soars
Prime And Alexa Scores, Amazon Stock Soars
October 27, 2017  |  Amazon Commerce

Amazon’s investors got a bit of an early Christmas present this year, as a big beat on the Street earnings expectations for Q3 shot the stock...

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