SoftBank Group Corp. is planning to raise over $20 billion through the IPO of its Japanese mobile division. The company plans to
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MoneyGram tops Q3 earnings expectations; revenue misses
MoneyGram International Inc. (MGI) reported better-than-expected earnings for the third quarter of 2018 while revenue missed estimates. Though the earnings beat initially
SEC fines Citibank for mishandling American Depository Shares
The US Securities and Exchange Commission (SEC) finally caught up with the Citibank (C) and fined them $38 million for misrepresenting American
Who is David Einhorn and why is he aggressively shorting Tesla?
During the earnings conference call of Greenlight Capital Re Ltd (GLRE) on Tuesday, hedge fund manager and revered investor David Einhorn once
Preview: Square under pressure to prove worthiness as it reports Q3 earnings
Square (SQ) stock more-than-doubled in the past 52 weeks to hit an all-time high of $99.01 on September 28, before tumbling 21%
European banks clear stress test, but Barclays shocks
On Friday, the European Banking Authority (EBA) published the results of the 2018 stress tests, which showed that all the participating banks
Brexit could spur interest rate hikes after holding rates at 0.75%
The UK headline interest rate is maintained as expected at 0.75% by the Bank of England. The bank projected interest rates to
AIG Q3 results miss estimates on catastrophe costs; net loss narrows
American International Group (AIG) Wednesday reported a net loss for the September quarter, contrary to expectations for positive earnings, hurt by claims
Mastercard thrives on consumer spending; reports record Q3 results
Revenues of Mastercard (MA) rose sharply and hit a record high in the third quarter as cardholders spent more on merchandise and
Earnings preview: Pros to outweigh cons when Mastercard posts Q3 results
The payments industry has remained largely unaffected by the tariff-induced trade disruptions and political uncertainties, thanks to the booming economy and people’s
Visa Q4 earnings top estimates while revenue comes in line
Visa Inc. (V) topped market estimates on earnings for the fourth quarter of 2018 while revenues came in line with expectations. The stock
Nasdaq Q3 profit falls 4% but beats estimates
Nasdaq Inc. (NDAQ) reported a 4% decline in earnings for the third quarter due to the impact of the divestiture of the
Capital One Financial posts upbeat Q3 results
The lower provision for credit losses and a decline in income tax provision drove Capital One Financial (COF) earnings higher by 38%
Earnings Preview: Payments volume might power Visa’s growth in Q4
Visa Inc. (V) is scheduled to report earnings results for the fourth quarter of 2018 on Wednesday, October 24 after market close.
PayPal posts Q3 EPS of $0.58, beats estimates
PayPal (PYPL) posted Q3 non-GAAP EPS of $0.58, beating analysts' estimates of $0.54. GAAP EPS increased 17% to $0.36, while non-GAAP EPS
American Express posts upbeat Q3 results
Credit card operator American Express (AXP) reported a 22% jump in earnings for the third quarter as broad-based increases in cardmember spending
BNY Mellon tops Q3 earnings estimates; misses on revenues
The Bank of New York Mellon Corporation (BK) topped market estimates on earnings for the third quarter of 2018 but missed out
BB&T tops Q3 earnings and revenue estimates
BB&T Corp (BBT) posted Q3 adjusted profit per share of $1.01 and revenue of $2.95 billion, which beat consensus views. Analysts had
Blackstone thrives on equity growth; Q3 results beat estimates
The persistent uptrend in the stock market in recent months pushed up Blackstone Group’s (BX) third-quarter results, which also topped analysts’ forecast.
Northern Trust stock falls on weak Q3 results
Northern Trust Corporation (NTRS) reported a 26% jump in earnings for the third quarter helped by higher net interest income, a rise
US Bancorp stock ticks up after Q3 results beat estimates
US Bancorp (USB) beat market estimates on revenue and earnings for the third quarter of 2018, giving the stock a lift of