Finance
Amazon forays into new realms, this time insurance and theatres
Amazon (AMZN) doesn’t like to stay idle. This week, the company announced its plans to enter two completely different sectors…
Citi Cards chief Jud Linville steps down amid reorganization
Banking behemoth Citigroup (C) has embarked on a reorganization to ‘harmonize’ its global consumer banking businesses. As part of the…
New Goldman CEO picks Jim Esposito as co-head of equity division
After reporting excellent earnings and revenue numbers for the second quarter, Goldman Sachs (GS) is taking forward the management reshuffle…
MoneyGram stock hits new yearly low after weak outlook
MoneyGram International (MGI) stock hit a new yearly low of $5.86 on Friday after showing signs of weakness in revenue…
Square’s loss narrowed, weak Q3 profit outlook remains a concern
Square (SQ) reported stellar results for the second quarter beating analyst estimates on both earnings and revenue front. However, earnings…
Mastercard stock falls despite Q2 earnings beat
A marked increase in revenues lifted Mastercard’s (MA) earnings, which surpassed analysts’ forecast in the second quarter. However, shares of…
PayPal’s stock tumbles despite earnings beat
PayPal (PYPL) which has been on an acquisition hunt in the last two months reported its second-quarter results after the…
Visa shares surpass 52-week high on strong Q3 results
Credit card giant Visa (V) reported upbeat results for its third quarter ending June 30, 2018. The company’s shares, which…
Earnings preview: Long-term prospects make Mastercard a sure bet
Mastercard (MA) has been quite successful in closing the gap with rival and industry leader Visa (V) in recent years,…