Financials & Fintech
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’ es...
Jan 18, 2020
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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, prio...
Jan 16, 2020
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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...
Dec 20, 2019
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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
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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 quarter...
Dec 03, 2019
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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...
Dec 02, 2019
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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
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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
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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
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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 ...
Nov 12, 2019
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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
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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 t...
Nov 05, 2019
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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 a...
Nov 04, 2019
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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
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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 capa...
Oct 29, 2019
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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
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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 p...
Oct 20, 2019
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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 expec...
Oct 17, 2019
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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
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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
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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
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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 fir...
Sep 24, 2019
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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 Compa...
Sep 22, 2019
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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
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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
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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
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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
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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
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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
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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
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