All Financials & Fintech Articles

Travelers Extends Stay-at-Home Auto Premium Credit CIVID-19 Relief Program

As per reports, The Travelers Companies, Inc. (TRV) is extending its Stay-at-Home Auto Premium Credit Program by relaxing its U.S. personal auto insurance customers with a 15% credit on their June premiums in addition to credit on their April and May premiums previously announced. The company is obt...

American Express Expressed Need For Employees To Work From Home For The Balance Of The Year

As per reports, American Express Company (AXP) Chief Executive Officer, Steve Squeri expressed the need for its employees to work from home amid the COVID-19 pandemic, keeping in mind the safety of its employees. “If you can work from home and you do not want to come in, you do not have to come...

The Visa Foundation Granted $2M To Support Frontline Workers In North America

Reportedly, The Visa Foundation has granted $2M for COVID-19 relief programs to organizations in the U.S. and Canada that are supporting the frontline workers and assisting in critical poverty alleviation. The organizations include Feeding America, Food Banks Canada, American Red Cross, Direct Relie...

American Express Sets Quarterly Dividend Payable Aug. 10

The Board of American Express Company announced a quarterly dividend of $.43 per common share payable on August 10, 2020, to shareholders as on July 2, 2020. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit paymen...

Goldman Sachs Reports Declining Profits On Mounting Loan Loss Provisions

The Goldman Sachs Group, Inc. (GS) reported quarterly earnings recently confirming a 49% fall in their quarterly profits. The bank has reported having put aside nearly $1B to meet future loan defaults and booked heavy losses on its debt and equity investments. The bank’s net earnings payable to co...

American Express Reports Massive Drop In Quarterly Profits During COVID-19 Pandemic

Credit card issuer American Express Company (AXP) recently announced its quarterly earnings reporting a 76% drop in Q1 profits. The company’s net income fell to $367 million, or 41 cents per share, for the quarter ending March 31 from $1.55 billion, or $1.80 per share, a year earlier. Total reve...

Travelers Reports 25% Drop In Quarterly Earnings

The Travelers Companies, Inc. (TRV) reported quarterly earnings recently realizing a 25% drop in quarterly profits while claiming compensation coverage for dismissed employees would impact results for the year. The company foresees "elevated claims frequency and severity" for its workers' compensati...

Visa Earnings Exceed Fiscal Q2 Analysts Estimates

As per reports, Visa Inc. (NYSE: V) reported fiscal Q2 results recently with EPS of $1.39 per share and revenue climbing to $5.90 billion, beating analyst expectations at $1.35 per share and $5.75 billion. The Profits climbed 4% to $3.08 billion. Chief Executive Officer, Visa Al Kelly warned the f...

American Express Introduces Coalition For U.S. Small Businesses Amid Economic Slowdown

Dow 30 component, American Express announces the establishment of  ‘Stand for Small,’ a coalition of more than 40 companies comprising across media, professional services, technology, consumer goods, and many other industries to provide meaningful support to small businesses from the impact of ...

Visa Scheduled To Release Fiscal Q2 Financial Results on April 30, 2020

As per reports, Visa Inc. (NYSE: V) is scheduled to report its fiscal second-quarter 2020 financial results on Thursday, April 30, 2020. A live webcast of the event will be available beginning at 2:00 p.m. Pacific Time (5:00 p.m. ET) at http://investor.visa.com to discuss financial results and hig...

Caterpillar Maintaining Long Standing Dividend – Payable May 20, 2020

Dow 30 component, Caterpillar, Inc. (CAT),  announced it will maintain the quarterly cash dividend of $1.03 per share to shareholders of common stock. The dividend is to be payable on May 20, 2020, to shareholders on record at the close of business on April 20, 2020. Caterpillar has paid a cash di...

Visa Reports Declining Transactions As COVID-19 Pandemic Grows

Dow 30 component, Visa (V) reported declining sales and transactions as COVID-19 pandemic has taken over consumer spending including shoppers and cross-border travel-related spending. "As countries have imposed social distancing, shelter-in-place or total lock-down orders, domestic spending, most...

Nike Reported Q3 Fiscal 2020 Earnings Exceed Analysts Expectations

NIKE, Inc. (NIKE) reported Q3 fiscal 2020 quarterly earnings on Tuesday after the market closed which exceeded analyst expectations despite the current economic slowdown amid COVID-19 outbreak. The sportswear giant announced $10.1 billion in quarterly sales, a 7 percent increase irrespective of curr...

American Express Announces Details Of April 24, 2020 Q1 Earnings Call

Reportedly, American Express Company (AXP) announced it will be hosting a live audio webcast to review its Q1 2020 earnings at 8:30 a.m. (ET) on Friday, April 24, 2020, to discuss the results of its first-quarter 2020 results. The general public can access the live audio webcast through the America...

Goldman Sachs Reports $4 Million Increase In CEO David Solomon’s 2019 Total Compensation

Reportedly, the total compensation of Chief Executive David Solomon, The Goldman Sachs Group, Inc. (GS) rose by 19% or $4 million for 2019 in comparison to 2018. Solomon's total compensation for 2019 was $24.7 million, as per reports. The revelation comes as the company faces pressure to lower payou...

Travelers Recognized As Best Place To Work For LGBTQ Equality

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. As per reports, The Travelers Companies has achieved a full score on the 2020 Corporate Equality Index by the Human Rights Campaign Foundation. The recognition...

United Airlines Extends Relationship With Visa And Chase Credit Card Through 2029

Reportedly, United Airlines, a unit of United Airlines Holdings has entered into a multi-year extension of business with Chase Credit Card Services and Visa stretching into 2029. The deal puts rumors of United looking for a better credit card deal with Chase or another credit card provider to rest. ...

Board of UnitedHealth Group Announces Dates For Next Cash Dividend

Dow 30 component UnitedHealth Group Incorporated (UNH) operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employer...

Disney Quarter Earnings Exceed But Guidance Backs Off

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Disney recently reported quarterl...

Goldman Collaborates With Amazon To Offer Lending Support To Small Businesses

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. As per the Financial Times, Goldman Sachs is in discussion with Amazon (AMZN) t...

Highlights From Visa’s Earnings Release

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

Apple Records Soaring iPhone Sales Above Wall Street Expectations

Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless ex...

American Express Reports Strong Earnings, Riding high On Its Credit Card Division

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. Credit card giant, American Express ...

American Express Announces Date For Its Annual Investor Day

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. As per reports, American Express is ...

Visa Inches Forward To Serve The Growing Cashless And Digital Economy Via Plaid Acquisition

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

Goldman Sachs Reports Quarter Revenue, Faces Declining Profits Due To Legal Charges Of $1.1 billion

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. On Wednesday, Goldman Sachs reported quarterly profits beating analysts’ esti...

Visa Announces Date For Fiscal Q1 2020 Results Release

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

American Express Inches A Step Closer To Enter China’s $27T Market

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. Reportedly, the central bank accepte...

United Technologies Announces Q4 2019 Earnings Release on Jan. 28 & Call Details

Dow 30 component United Technologies Corporation (UTX) creates smart, sustainable solutions that are used to provide high-technology systems and services to both the building and aerospace industries. Reportedly, United Technologies Corp will release its Q4 2019 earnings on January 28, 2020, prior ...

Goldman Sachs Now Assisting WeWork With $1.75B Credit Facility

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. As per reports, shared workplace operator WeWork has arranged a $1.75B letter o...

Home Depot Confirms Disappointing 2020 Sales Forecast And Margins

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Goldman To Advise U.S. Prudential Financial In South Korea Sell

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. Reportedly, U.S. life insurer Prudential Financial has hired Goldman Sachs to s...

Highlights From Best Buy’s Q3 Earnings Report

Recently, Best Buy Co., Inc. (BBY) announced its earnings report for the 13-week third quarter ending November 2, 2019, raising revenue expectations for the next quarter as well as full-year FY20 outlook, as per reports. Corie Barry, Best Buy CEO stated “Our teams delivered another strong quart...

PayPal Acquiring LA’s Honey Science For ~$4 Billion

This week, PayPal Holdings, Inc. (PYPL) announced that it is acquiring Honey Science Corporation for approximately $4 billion, as per reports. Honey Science is a fast-growing technology platform for shopping and rewards, and along with PayPal’s two-sided network both the companies aim to transform...

PepsiCo’s CEO & Chairman Ramon L. Laguarta Joining Visa’s Board

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

Visa Invests In Nigeria’s Digital Payment Firm Interswitch

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

The Walt Disney Company Beats Wall Street Quarterly EPS Estimates

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Disney reported Q4 earnings on Th...

China Poised To Become Largest Bank Card Market by 2020

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

American Express Teams With Nova Technology To Ease Credit Card Application Process For Immigrants In U.S.

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. Reportedly, American Express has tea...

Chevron Declares Quarterly Dividend Payable December 10, 2019

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. A quarterly dividend of $1.19 per share to holders of common stock, payable on December 10, 2019, at the close of business on November 18, 2019, was ann...

Visa Acquires Token Services & Ticketing Businesses From Premier Silicon IP & Chip Provider

Reportedly, Visa Inc. (NYSE: V) has acquired token services and ticketing businesses from a premier silicon IP and chip provider, Rambus, to enable deliver data faster and safer and strengthen Visa’s tokenization capabilities. The acquisition is believed to intensify Visa’s tokenization capabi...

Visa Exceeds Wall Street Earnings Estimates

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

Travelers Reports Disappointing Q3 Earnings

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. Travelers reported weak Q3 earnings ending Sep 30 this morning prior to the open. The insurer reported earnings of $1.43/share, below Wall Street's estimate of ...

Dow 30’s AXP Beats Q3 Wall Street Estimates

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. American Express reported its Q3 pro...

Goldman Sachs Reports Q3 Earnings Missing Expectations

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. Goldman Sachs reported Q3 earnings on Tuesday disappointing expectations and ...

JPMorgan Chase & Co. Beats Q3 Profit Estimates

JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. On Tuesday, J.P. Morgan Chase reported its Q3 earnings exceeding Wall Street expecta...

Senators Alert Payment Processing Companies Regarding Cryptocurrency Libra

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secure ...

McDonald’s Announces 8% Increase In Its Quarterly Dividend

Recently, fast-food giant McDonald’s Corporation (MCD) announced a quarterly cash dividend of $1.25/share for shareholders holding common stock which represents an 8% increase. The dividend is set to be payable on December 16, 2019, at the close of business on December 2, 2019. This would bring in...

American Express Expected To Raise Dividends Next Week By 8%

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. As per reports, Financial data firm ...

American Express Company Announces Details For Its Q3 2019 Earnings Call

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. Reportedly, American Express Company...

Walmart & Capital One To Introduce Combined Retail Credit Card Program

Capital One & Walmart Stores, Inc. (WMT) are now launching the Capital One Walmart Rewards Credit Card Program with two new credit cards rewarding customers for shopping at Walmart and other places where the card is accepted. The program's signature card, the Capital One Walmart Rewards Maste...

Investment Restriction Withdrawn From Norway Wealth Fund

Norway's $1 trillion wealth fund is reportedly now permitted again to invest in miner Rio Tinto and retailer Walmart after it was excluded and prohibited from the fund's investments on ethical grounds previously, as reported by the board of the Central Bank. The board informed the reinvestments ...

American Express Announces Its Quarterly Dividend To Be Paid 8/9/19

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. A Quarterly dividend of $0.39 ...

Consumer Spending Drives Visa’s Q1 Profits Higher

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.  Their advanced global processing network, VisaNet, provides secur...

JPMorgan To Implement Staff Reduction For Asset & Wealth Management Division

JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. As a part of the bank’s normal annual review process, it is dismissing hundr...

Goldman Partnering With Apple For Credit Card Deal For iPhone Users

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. Goldman Sachs Group Inc’s (GS) credit card deal with Apple Inc will pot...

Dow 30 Component American Express (NYSE: AXP) Declares Dividend Payable March 15, 2019

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. American Express recently declared...

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