The eagerly anticipated earnings release for Walmart beat analyst predictions, showing how efforts by the Bentonville-based retailer to increase market share and grow its customer base may be paying off. Per the company’s earnings release, Walmart U.S. comp sales rose 6.4% quarterly, led by a...
Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. Just how bad it is at the bank will be on...
In a way, the deal seems old school. PayPal-owned money transfer operator Xoom said this week that its new agreement with Euronet Worldwide’s Ria will enable Xoom customers to pick up cash remittances from more than 150,000 Ria network locations. Cash, huh? It’s not as...
The retail landscape is long, twisted and complex. As it has seen its fair share of ups and downs over the last decade, 2017 is shaping up to be one of the more pivotal points in retail history. One of the clearest ways in which...
August 18, 2023
The eagerly anticipated earnings release for Walmart beat analyst predictions, showing how efforts by the Bentonville-based retailer to increase market share and grow its customer base may be paying off. Per the company’s earnings release, Walmart U.S. comp sales rose 6.4% quarterly, led by a 24% rise in eCommerce driven by pickup and delivery. In […]
October 12, 2023
Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its withdrawal from the consumer business. The investment bank’s third-quarter earnings per share (EPS) are estimated to decline by 36% compared to the previous year, Reuters reported, citing average estimates compiled by […]
April 10, 2019
Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts...
October 20, 2015
If there’s one word that doesn’t describe JPMorgan Chase CEO Jamie Dimon it’s “shy.” Particularly when it comes to talking quarterly earnings, Dimon has had his fare share of one-liners....
