Financials & Fintech
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...
Mar 25, 2020
View Article
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...
Mar 25, 2020
View Article
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...
Mar 24, 2020
View Article
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...
Feb 25, 2020
View Article
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. ...
Feb 24, 2020
View Article
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...
Feb 20, 2020
View Article
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...
Feb 18, 2020
View Article
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...
Feb 06, 2020
View Article
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 ...
Feb 04, 2020
View Article
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...
Feb 02, 2020
View Article
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 ...
Feb 01, 2020
View Article
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 ...
Jan 31, 2020
View Article
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...
Jan 30, 2020
View Article
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 ...
Jan 24, 2020
View Article
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 ...
Jan 24, 2020
View Article
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...
Jan 18, 2020
View Article
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 ...
Jan 16, 2020
View Article
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...
Dec 20, 2019
View Article
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 ...
Dec 15, 2019
View Article
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...
Dec 03, 2019
View Article
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...
Dec 02, 2019
View Article
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...
Nov 23, 2019
View Article
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 ...
Nov 19, 2019
View Article
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 ...
Nov 15, 2019
View Article
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...
Nov 12, 2019
View Article
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 ...
Nov 07, 2019
View Article
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...
Nov 05, 2019
View Article
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...
Nov 04, 2019
View Article
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 ...
Oct 30, 2019
View Article
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...
Oct 29, 2019
View Article
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 ...
Oct 23, 2019
View Article
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...
Oct 20, 2019
View Article
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...
Oct 17, 2019
View Article
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 ...
Oct 17, 2019
View Article
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 ...
Oct 11, 2019
View Article
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...
Sep 25, 2019
View Article
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 ...
Sep 24, 2019
View Article
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...
Sep 22, 2019
View Article
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...
Sep 20, 2019
View Article
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 ...
Jun 26, 2019
View Article
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 ...
May 17, 2019
View Article
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...
May 01, 2019
View Article
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...
Mar 29, 2019
View Article
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...
Mar 28, 2019
View Article
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...
Jan 25, 2019
View Article
