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Finance

Renewing turnaround hopes, HSBC ropes in Citi veteran Michael Roberts as US head

HSBC Bank (NYES: HSBC) has been revamping its US business for a long time, to come out of the overall…

KB Home’s stock rise on Q2 earnings beat

Shares of KB Home (NYSE: KBH) increased above 4% after the bell as the Q2 earnings surpassed estimates on the…

10 biggest US mergers & acquisitions announced so far in 2019

We are almost half-way into this year and the M&A market has not disappointed. We have seen a few massive…

H&R Block beats Q4 estimates and announces dividend increase

H&R Block Inc. (NYSE: HRB) topped market expectations on revenue and earnings for the fourth quarter of 2019. After gaining…

Stocks gain on hopes of rate cut after weak employment data

Federal Reserve,Washington, D.C. (courtesy: Ein Reisender,Flickr) US stocks made solid gains early Friday after the weak employment report spurred a…

Goldman turns bullish on Citigroup citing stable growth; stock gains

Citigroup (NYSE: C) got a major boost Thursday after Goldman Sachs came out with a bullish statement on the bank’s…

Chinese fintech firm Qudian reports strong Q1 results; stock gains

Shares of Qudian (NYSE: QD) rose sharply early Monday after the China-based financial technology company reported stronger than expected revenues…

Earnings preview: Mixed expectations in market ahead of Qudian’s Q1 report

When China-based financial technology firm Qudian Inc. (NYSE: QD) publishes its first-quarter results on Monday before the opening bell, the…

Qiwi earnings preview: What to expect in Q1?

Russian payments giant Qiwi plc (QIWI) is scheduled to report its earnings results for the first quarter of 2019 on…

LendingClub stock falls on weak Q2 revenue outlook

Online lender LendingClub Corporation (NYSE: LC) reported a narrower loss in the first quarter of 2019 driven by a decrease…

American International Group (AIG) beats Q1 estimates; stock surges

American International Group (NYSE: AIG), which celebrates its centennial anniversary this year, reported its first quarter financial results after the bell…

Earnings preview: No surprises expected when AIG reports Q1 results

The challenges facing the general insurance segment of American International Group (NYSE: AIG) have weighed down investor sentiment for long,…

Mastercard reports upbeat Q1 earnings

Mastercard (NYSE: MA) shares edged up 1% during premarket trading on Tuesday after the financial services giant reported first-quarter revenue…

First Data Q1 profit jumps 67%, reiterates 2019 outlook

First Data Corporation (NYSE: FDC) reported a 67% jump in earnings for the first quarter of 2019 helped by improved…

PayPal (PYPL) Q1 profit jumps 31%, beats estimates

PayPal Holdings (NASDAQ: PYPL) reported a 31% jump in earnings for the first quarter of 2019 helped by strong growth in…

Visa posts upbeat second-quarter earnings

International payment gateway giant Visa Inc (NYSE: V) announced its second-quarter 2019 earnings on Wednesday after the closing bell. For…

Earnings Preview: Visa all set to report Q2 results amidst slowing growth concerns

Visa (V) is slated to report its second-quarter results tomorrow after the bell. Stocks of the payment processing giant have…

Earnings: TD Ameritrade posts weak Q2 revenues amid muted investor sentiment

TD Ameritrade (Nasdaq: AMTD) reported weaker than expected revenues for the second quarter of 2019 when earnings rose sharply and…

Strong loan growth lifts Fifth Third Bancorp’s Q1 earnings; stock gains

Supported by a marked increase in loans, earnings of Fifth Third Bancorp (Nasdaq: FITB) increased and exceeded the market’s prediction…

Will PayPal surpass its all-time high ahead of Q1 earnings?

PayPal Holdings (NASDAQ: PYPL) is set to report its first quarter 2019 earnings results on April 24 after the market…

American Express stock falls after Q1 revenues miss estimates; earnings beat

Benefitting from higher cardmember spending and loan volumes, revenues of American Express Company (NYSE: AXP) increased in the first quarter.…