Month: January 2019
Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations and enhance…
Nissan might sue ousted chairman Carlos Ghosn
Renault SA chief and former Nissan Motor Co chairman Carlos Ghosn might be facing a civil suit from the carmaker…
Goldman Sachs jump 3% after beating street projections in Q4
Banking giant Goldman Sachs (GS) on Wednesday smashed past analysts’ estimates for the fourth quarter. The company reported quarterly earnings…
PNC Financial fails to meet Street’s expectations in Q4
The PNC Financial Group (PNC) reported Q4 earnings and revenue that missed analysts’ predictions. The company reported earnings of $2.75…
Bank of New York Mellon Q4 profit falls; adj. earnings increase
The Bank of New York Mellon Corp. (BK) reported lower earnings for the fourth quarter, despite an increase in revenues.…
US Bancorp Q4 profit rises 10%, beats estimates
US Bancorp (USB) reported a 10% growth in earnings for the fourth quarter of 2018 helped by higher revenue and…
BlackRock earnings fall short of estimates in the fourth quarter
BlackRock, Inc. (BLK) on Wednesday reported underwhelming financial results for the three months ended December 31, 2018, before the market…
Salesforce might buy ClickSoftware for $1.5 billion
Cloud-computing giant Salesforce.com (CRM) is said to be in talks with ClickSoftware Technologies to buy the Tel Aviv-based software developer…
Microsoft-Walgreens deal highlights an emerging trend in healthcare sector
While the healthcare sector is witnessing a dramatic change in the way companies operate, marked by high-profile partnerships, the tech…