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Walgreens To Release Q3 Results On June 30 – $WBA $DIA

Reportedly, Walgreen Boots Alliance (WBA) will release its fiscal 2022 third-quarter earnings results on Thursday at 7 a.m. ET on June 30, 2022, followed by a one-hour conference call with the management starting at 8:30 a.m. ET. The event can be reached at http://investor.walgreensbootsalliance.co...

Jun 28, 2022 View Article

Visa Enters Deal With M-Pesa, Mobile Phone-based African Money Transfer Service – $V $DIA

Reportedly, Visa Inc. (V)and M-Pesa, the mobile phone-based African money transfer service owned by Kenya's Safaricom Plc have entered a deal to launch a virtual payment card in a bid to cover some of the continent's $40 billion-a-year subscriptions market. The M-Pesa Global Pay Visa Virtual card ...

Jun 23, 2022 View Article

JP Morgan & Fintech OmniLatam Partnering To Offer Credit Lines to Mid-sized & Small Suppliers In Latin America – $JPM $DIA

As per reports, JPMorgan Chase & Co has partnered with fintech OmniLatam to offer credit lines to mid-sized and small suppliers of big corporations in Latin America. With operations in Colombia and Chile, OmniLatam recently opened an office in Brazil, offering receivable-backed credit and workin...

Jun 23, 2022 View Article

Coca-Cola’s African Bottling Unit ~$3B Johannesburg Stock Exchange IPO Shelved – $KO $DIA

Reportedly, Coca-Cola Company (KO) had delayed the plans of an estimated $3 billion initial public offering (IPO) of its African bottling unit to 2023 due to turbulence in the market. The flotation of the division, Coca-Cola Beverages Africa is expected to be the biggest on the Johannesburg Stock E...

Jun 23, 2022 View Article

Travelers Schedules Q2 Release On July 21 – $TRV $DIA

As per reports, The Travelers Companies, Inc. (TRV) has scheduled to review its second quarter 2022 results at 9 a.m. ET on Thursday, July 21, following the release of results early that morning. Investors can access the call via webcast at the company's website and by dialing 888-440-6281 within th...

Jun 23, 2022 View Article

JPMorgan Raised Its Prime Lending Rate – $JPM $DIA

As per reports, U.S. bank JPMorgan Chase & Co (JPM) has raised its prime lending rate by 75 basis points to 4.75%, that was effective 16th June 2022. The move follows the Federal Reserve's decision to raise its target interest rate by three-quarters of a percentage point, the biggest by the U.S....

Jun 22, 2022 View Article

Boeing Receives $811 Loan Guarantee From EXIM Over The Sale Of Its 787 Jetliners To Air France-KLM SA- $BA $DIA

As per reports, the Export-Import Bank ("EXIM") of the United States informed that its board of directors approved an $811 million loan guarantee to help finance the sale of Boeing's (BA) wide-body aircraft to French-Dutch airline Air France-KLM SA. EXIM informed that the loan guarantee would suppo...

Jun 21, 2022 View Article

Thomas Cassin Appointed As Vice Chair Of JP Morgan’s Debt Capital Market Unit – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) has named Thomas Cassin as vice-chair of global debt capital markets for the bank's investment banking unit. Cassin will lead acquisition and strategic financing opportunities in his new role and will assist in expanding the bank's financing footprint. Insid...

Jun 02, 2022 View Article

Verizon Schedules Quarterly Dividend Payable August 1- $VZ $DIA

Reportedly, the Board of Directors at Verizon Communications, Inc. (VZ) announced a quarterly dividend of 64 cents per outstanding share, payable on August 1, 2022. The dividend is payable to shareholders of record at the close of business on July 8, 2022. Chairman and CEO Hans Vestberg stated, "Wi...

Jun 01, 2022 View Article

Interesting…JPMorgan Shareholders Vote Against Executive Compensation – $JPM $DIA

As per reports, JPMorgan Chase (JPM) shareholders have voted against the bank’s executive pay plan, delivering a sharp rebuke to chief executive Jamie Dimon and his management team. At the "say-on-pay" vote at the bank’s annual meeting only 31% of votes were cast in favor of JPMorgan's executive...

May 18, 2022 View Article

Goldman Sachs Prepares To Further Diversify Its Workforce – $GS $DIA

Reportedly, the Goldman Sachs Group, Inc. (GS) has increased its diversity recruiting team and increased its budget by $10 million to meet its goals to add more Blacks, women, and Latinos to its workforce. The bank has included roughly 25 new recruiters focused on hiring diverse employees since the ...

May 17, 2022 View Article

AmEx Announces Dividend Payable August 10, 2022 – $AXP $DIA

Reportedly, the Board of American Express Company (AXP) announced a regular quarterly dividend of $.52 per common share to the stockholders as of July 1, 2022. The dividend is payable on August 10, 2022. The company also declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncum...

May 10, 2022 View Article

JP Morgan Schedules Investor Day On May 23 – $JPM $DIA

As per reports, JPMorgan Chase & Co. (JPM) is to host an Investor Day on May 23, 2022, at 8:00 a.m. ET in New York City. A live audio webcast will begin at 8:00 a.m.ET and will be available for replay on the company's website under Investor Relations, Events & Presentations tab. The general ...

May 05, 2022 View Article

Apple’s Robust Services Business Lifts Q2 Earnings – $AAPL $DIA

Reportedly, Apple (AAPL) beat second-quarter estimates reporting $1.52 a share on sales of $97.28 billion in the quarter ended March 26. Analysts expected the iPhone giant to earn $1.42 a share on sales of $94 billion. On a year-over-year basis, Apple sales and earnings both increased 9%. "We are...

May 03, 2022 View Article

Biotech Giant Amgen Post Quarterly Beat, However… – $AMGN $DIA

Amgen reported a strong quarter with sales increasing 6% to $6.24 billion and exceeding expectations at $6.07 billion. Earnings also came in above projections at $4.25 per share, up 15% on a year-over-year basis. Amgen's osteoporosis treatment Evenity and migraine drug Aimovig reported strong growt...

Apr 29, 2022 View Article

Visa Selects 5 Startups For Its Visa Accelerator Program 2022 – $V $DIA

Reportedly, Visa Inc. (NYSE: V) has selected five startups to join the 2022 cohort of its Visa Accelerator Program in the Asia Pacific, Cymonz, Moneytree, Perfios, TallyKhata, and TripleA. The startups will work closely with Visa over the next six months creating defined commercial opportunities th...

Apr 28, 2022 View Article

Honeywell To Pay Quarterly Dividend On June 3 – $HON $DIA

Reportedly, the board of Honeywell.Inc (HON) announced a regular quarterly dividend of $0.98 per share on the common outstanding stock payable on June 3, 2022. The dividend is payable to stockholders as of May 13, 2022. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor ...

Apr 28, 2022 View Article

Goldman Sachs’ Q1 Earnings Ride High On Wealth Management & Trading – $GS $DIA

As per reports, Goldman Sachs Group, Inc. (GS) reported a 43% drop in first-quarter profit but exceeded market estimates, as its wealth management performed strong and trading businesses partly offset a drop in equity underwriting as stock market listings dried up. Its global markets segment reporte...

Apr 25, 2022 View Article

Goldman Sachs Pushing To Hire Senior Investment Bankers In Singapore – $GS $DIA

Reportedly, Goldman Sachs Group, Inc. (GS) is boosting the hiring of its senior investment bankers in Singapore, as the U.S. lender looks to bolster its dealmaking capabilities in Southeast Asia. The firm has hired Chua Hui Yin from JPMorgan Chase & Co. to cover corporate finance and execution,...

Apr 21, 2022 View Article

Property & Casualty Insurer Travelers Reports 48% Increase In Q1 Profits – $TRV $DIA

The Travelers Companies, Inc. (TRV) reported a 48% increase in quarterly profit exceeding analysts’ estimates as lower catastrophe-related claims filled up from investment losses. The company’s core income increased to $1.04 billion, or $4.22 per share, in the first quarter ended March 31, from ...

Apr 20, 2022 View Article

JP Morgan Q1 Profits Drops CEO Jamie Dimon Raises Concerns – $JPM $DIA

JPMorgan Chase & Co's (JPM) first-quarter earnings report disappointing figures amid concerns over U.S. bank ties to Russia and worries of an economic slowdown. The bank reported adjusted revenue of $31.59 billion versus the $31.44 billion expected. Adjusted Earnings per share of $2.63 were repo...

Apr 15, 2022 View Article

Visa Brings Board Level To 11 With Terry List’s Appointment – $V $DIA

Reportedly, Visa Inc. (V) announced that Teri List has been appointed to its board of directors, effective April 11, 2022. Ms. List was executive vice president and chief financial officer of Gap Inc. from January 2017 until March 2020 and served as an advisor until June 2020. Ms. List also serves o...

Apr 12, 2022 View Article

Goldman Sachs Agrees To Acquire Chicago-based Fintech Firm NextCapital – $GS $DIA

As per reports, Goldman Sachs Group, Inc. (GS) is set to acquire NextCapital, a Chicago-based fintech firm that provides automated advice to corporate retirement plan participants. The acquisition is among the top five asset management deals New York-based Goldman has done. The deal offers Goldman a...

Apr 11, 2022 View Article

Visa Announces To Release Fiscal Q2 Earnings On April 26 – $V $DIA

As per reports, Visa Inc. (V) has scheduled the release of its fiscal Q2 2022 financial results on Tuesday, April 26, 2022. The company's executive management team will host a live audio webcast beginning at 2:00 p.m. PT / 5:00 p.m. ET to discuss and review the results. After trading closes, Visa wi...

Apr 11, 2022 View Article

P&G Announces Q3 Earnings Scheduled For 8:30 a.m. ET on Wednesday, April 20, 2022 – $PG $DIA

As per reports, the Procter & Gamble Company to webcast the release of its third-quarter earnings results at 8:30 a.m. ET on Wednesday, April 20, 2022. A live audio webcast of the event can be reached at www.pginvestor.com. The Procter & Gamble Company (PG), a Dow 30 component...

Mar 24, 2022 View Article

De Grivel Nigam Succeeds Barry Meyers As Head Of JP Morgan’s ECM In U.K. & Ireland – $JPM $DIA

Reportedly, JPMorgan Chase & Co. (JPM) has appointed Virginie de Grivel Nigam to lead its equity capital markets business in the U.K. and Ireland, replacing Barry Meyers. De Grivel Nigam has most recently been head of JPMorgan’s equity-linked operations in Europe, the Middle East, and Africa. ...

Mar 15, 2022 View Article

Travelers Schedules Q1 Release For April 19 – $TRV $DIA

Reportedly, The Travelers Companies, Inc. (TRV) is scheduled to review and discuss its first quarter 2022 results at 9 a.m. ET on Tuesday, April 19, following the release of results earlier that morning. The webcast can be reached at investor.travelers.com. The event can also be reached by dialing 8...

Mar 15, 2022 View Article

Wall Street Giant Goldman Sachs Exits Russia – $GS $DIA

As per reports, Goldman Sachs Group, Inc. (GS) became the first Wall Street bank to close its operations in Russia and exit the country following Moscow's invasion of Ukraine. Operating in Moscow has been increasingly difficult for Western financial institutions amid international sanctions against ...

Mar 10, 2022 View Article

Visa Acquires Open Banking Platform Tink – $V $DIA

Reportedly, Visa (V) has completed the acquisition of Tink, an open banking platform that enables financial institutions, fintech, and merchants to build financial products and services and move money. Through a single API, Tink offers its customers to move money, access aggregated financial data,...

Mar 10, 2022 View Article

American Express Announces A 20% Dividend Increase – $AXP $DIA

As per reports, the board of American Express Company (AXP) has approved a dividend of $.52 per common share, a 20% increase from $.43 cents, in the regular quarterly dividend on the company’s common stock payable on May 10, 2022, to shareholders as on April 8, 2022. Dow 30 component ...

Mar 10, 2022 View Article

AmEx Exits Russia Amid Invasion In Ukraine – $AXP $V $MS $DIA $AAPL

Reportedly, American Express Company (AXP) is the latest credit card company to announce it is pulling out of Russia and Belarus as Vladimir Putin’s invasion into Ukraine escalates. The company informed that globally issued American Express cards will no longer work at merchants or ATMs in Russia....

Mar 09, 2022 View Article

Walmart’s ‘Walmart2Walmart’ Introduces Low-Price Fee On Money Transfers To Mexico – $WMT $DIA

As per reports, Walmart Stores, Inc. (WMT) money transfer program, Walmart2Walmart is offering significantly cheaper rates for its customers to send money from any Walmart store in the U.S. to any Walmart store in Mexico for as little as $2.50 per transaction. The low fee marks another major milesto...

Mar 05, 2022 View Article

Visa Appoints BlackRock’s Frank Cooper III As New CMO – $V $DIA

Reportedly, Frank Cooper III will join Visa (V) as its Chief Marketing Officer (CMO) in May 2022. Additionally, he will also serve as a member of the company’s Executive Committee and report to Al Kelly, Chairman and Chief Executive Officer (CEO). Mr. Cooper will head the global marketing organiza...

Mar 05, 2022 View Article

JPMorgan Chase Schedules 2022 Investor Day On May 23, 2022 – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) is to hold an Investor Day in New York City on Monday, May 23, 2022. A live audio webcast and presentation slides can be reached on the same day at the company's website under Investor Relations, Events & Presentations. JPMorgan Chase & Co...

Mar 03, 2022 View Article

Russia May Be Removed From JPMorgan’s ESG Bond Indexes – $JPM $DIA

As per reports, JPMorgan Chase & Co (JPM) is in discussion to remove Russia from the environmental, social, and governance (ESG) versions of its JPMorgan's Government Bond Index-Emerging Markets indexes, and the Emerging Market Bond Index, while it continues to review the country's ejection from...

Mar 01, 2022 View Article

Is Goldman Seeking The Return Of Bonuses From Bankers Leaving The Bank? – $GS $DIA

As per reports, The Goldman Sachs Group, Inc. (GS) is looking for ways such as seizing vested pay to discourage top bankers from leaving. The U.S major is looking at confiscating vested stock of Omer Ismail and David Stark, both of who left the bank last year. Additionally, Goldman is also pullin...

Feb 27, 2022 View Article

Travelers Acquires Insurtech Company Trōv Technology – $TRV $DIA

As per reports, The Travelers Companies, Inc. (TRV) has acquired one of the earliest and most widely recognized insurtechs, Trōv. Trōv, which is known to have introduced numerous digital solutions transforming the insurance industry over the last several years, including on-demand insurance, micro...

Feb 24, 2022 View Article

Amazon & Visa Resolve Dispute Over Payment Fees – $AMZN $V $DIA

Reportedly, Amazon (AMZN) and Visa Inc. (V) have resolved their dispute where Amazon was considering a ban on U.K.-issued Visa credit cards, threatened to damage the financial giant’s business, and disrupt e-commerce payments. The retailer informed it will no longer charge customers who use Visa...

Feb 22, 2022 View Article

Visa U.S. Spending Momentum Index Show Drop In Consumer Spending For January -$V $DIA

As per reports, Visa Inc. (V) announced that the U.S. Spending Momentum Index (SMI) came in at 102.4 in January, dropping from 109.4 in December. The SMI’s decline from December was mainly due to the rise in new Omicron variant cases. The Visa SMI is an economic indicator of consumer health spendi...

Feb 14, 2022 View Article

Jennifer Como Promoted To Head Of Investor Relations For Visa – $V $DIA

Reportedly, Visa Inc. (V) has appointed Head of Investor relations succeeding Mike Milotich who will leave Visa later this month and join as chief financial officer of a publicly-traded company. She joined the company in 2019, and currently serves as the senior vice president of investor relations a...

Feb 13, 2022 View Article

Walgreens Schedules Quarterly Dividend Payable On March 11 – $WBA $DIA

Reportedly, the board of Walgreens Boots Alliance, Inc. announced a quarterly dividend of 47.75 cents per share, similar to the previous quarter and an increase of 2.1 percent from the year-ago quarter. The dividend is payable to shareholders of record as of Feb. 18, 2022, payable on March 11, 2022....

Feb 09, 2022 View Article

Merck Releases Q4 Earnings Stays Bullish On COVID-19 Pill Sales – $MRK $DIA

Reportedly, Merck & Co., Inc. (MRK) released fourth-quarter earnings recently. They confirmed that they expecting its 2022 sales to increase as much as 18 percent over last year, mostly on sales of its new COVID-19 pill, molnupiravir. The drugmaker also informed that the sales of the COVID-19 dr...

Feb 06, 2022 View Article

Goldman Sachs Q4 Profits Drop Amid Surging Expenses & Equities Trading Slowdown – $GS $DIA

The Goldman Sachs Group, Inc. (GS) fourth-quarter reported a 13% decline in profits from a year earlier to $3.94 billion, or $10.81 a share, below the $11.76 analyst estimate. Revenue of $12.64 billion was reported versus $12.08 billion expected. The bank’s operating expenses surged 23% on higher ...

Feb 06, 2022 View Article

3M Records Strong Q4 Backed By Strong Demand For Air Filters & Scotch-Branded Products $MMM $DIA

As per reports, 3M (MMM) reported better than expected quarterly profit as more people purchased its air filters and Scotch-branded products. 3M's transportation & electronics and safety & industrial units witnessed 1.5% and 2.2% declines in sales respectively. Net income dropped to $1.34...

Feb 03, 2022 View Article

Visa Reports Quarterly Beat As Travel & Online Spend Witness Upward Trend – $V $DIA

Reportedly, Visa ( V) quarterly earnings beat estimates as more international travel and e-commerce witnessed an increase in spending. Even though travel spending dropped since late December due to the Omicron variant of the coronavirus, the company executives believe the recovery will resume and n...

Feb 01, 2022 View Article

American Express Company Announces Preferred Stock Dividend Payable March 15, 2022 – $AXP $DIA

Reportedly, the board of The American Express Company (AXP) announced a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $8,875 per share (equivalent to $8.87500 per related Depositary Share) payable on March 15, 2022, to shareholders as of M...

Jan 30, 2022 View Article

Tesla’s Q4 Earnings Display Strong Performance Amid Supply Chain Woes – $TSLA $DIA

As per reports, Tesla (TSLA) recorded strong fourth-quarter results beating analyst estimates amid supply chain headwinds that have troubled the global auto industry at an unprecedented scale. The EV maker reported revenue of $17.719 billion up 65% year over year and above $16.64 billion expected. A...

Jan 28, 2022 View Article

Apple Poises To Launch iPhone-Based Direct Payment Service For Small Businesses – $AAPL $DIA

As per reports, Apple (AAPL) is launching a new service that will allow small businesses to accept payments directly on their iPhones without extra hardware. To receive payments on iPhone, retailers currently use payment terminals on their iOS devices that are connected via Bluetooth, such as Block ...

Jan 27, 2022 View Article

American Express Company’s Quarterly Earnings Point To Strong Consumer Spending In Face of Omicron – $AXP $DIA

Reportedly, American Express Company's (AXP) quarterly profit beat market estimates as consumers continued to spend to dine out during the holidays, fading the company's fears of a big impact from the Omicron variant. The company forecast 2022 net revenue growth of between 18% and 20% and earnings p...

Jan 27, 2022 View Article

Travelers To Include Telematics Offerings With IntelliDrivePlus™ – $TRV $DIA

Reportedly, the Travelers Companies, Inc. (TRV) has expanded its telematics auto insurance offerings with the launch of the app-based program, IntelliDrivePlus™. At each renewal, IntelliDrivePlus calculates a new premium by measuring miles driven and driving behaviors, such as acceleration, brakin...

Jan 18, 2022 View Article

JP Morgan Releases Q4 Earnings Reports Slow Trading & High Expenses – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) released quarterly earnings, posting a decline in trading revenue, both commercial and consumer loans fell from a year earlier. Net interest income increased 3% in the quarter, bringing JPMorgan’s total 2021 NII haul to $52.3 billion. The bank also reporte...

Jan 18, 2022 View Article

Visa To Release Q1 Earnings On Jan 27 – $V $DIA

Reportedly, Visa Inc. (V) to report its fiscal Q1 2022 financial results on Thursday, January 27, 2022, after the market closes. The release will be followed by an executive management team hosting a live audio webcast beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss financial...

Jan 17, 2022 View Article

Coca-Cola Q4 Full-Year Earnings Release Feb 10 – $KO $DIA

As per reports, the Coca-Cola Company (KO) is set to release its Q4 and full-year 2021 financial results on Feb. 10 before the New York Stock Exchange opens, followed by an investor conference call at 8:30 a.m. ET to discuss the results. Interested parties can join in at www.coca-colacompany.com/inv...

Jan 16, 2022 View Article

Goldman Sachs Joins Other Wall Street Banks Delaying Employees Return To Office As Omicron Spreads

Reportedly, Goldman Sachs Group, Inc. (GS) is encouraging its U.S. staff to work from home until Jan. 18, as the Omicron variant spreads. However, the offices will continue to remain open with previously announced COVID-19 safety protocols such as vaccine requirement, booster requirement for all eli...

Jan 06, 2022 View Article

JP Morgan Delays Staff Return To Office Amid Omicron Scare

As per reports, JPMorgan Chase & Co (JPM) has offered its staff to work from home for the first two weeks of 2022 and also informed that all employees are expected to return to the office no later than Feb. 1. The bank told workers it was not changing the long-term plans of working from the off...

Jan 05, 2022 View Article

Goldman Sachs Issues Mandate For Its U.S. Employees To Get Booster Shots – $GS $DIA

As per reports, Goldman Sachs Group Inc. (GS) will require its employees and visitors to its U.S. offices receive booster shots of the COVID-19 vaccine starting next year. The spokesperson informed that starting next year February, anyone eligible to receive a booster shot must have obtained one in ...

Dec 29, 2021 View Article

American Express Company Announces Q4 & Full-Year 2021 Earnings Release Date – $AXP

Reportedly, American Express Company (AXP) announced to host a live audio webcast of its fourth-quarter and full-year 2021 financial results on January 25, 2022, Tuesday at 8:30 a.m. (ET) following the release at approximately 7 a.m. (ET). General Public can access the webcast through the American E...

Dec 22, 2021 View Article

Visa Acquires Cross-Border Payments Co. Currencycloud

Reportedly, Visa Inc. (V) has completed the acquisition of Currencycloud, a global platform enabling banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between Currencycloud and Visa. The transact...

Dec 21, 2021 View Article

Insurance Giant Travelers To Release Q4 Earnings On Jan 20

Reportedly, the Travelers Companies, Inc. (TRV), Inc will review its fourth quarter and full-year 2021 results at 9 a.m. ET on Thursday, Jan. 20. Website & Call Details: Investors can access the call via webcast on the company’s website. Interested parties can dial 844-895-1976 within t...

Dec 21, 2021 View Article

American Express Company To Pay Quarterly Dividend On Feb 10 – $AMP

Reportedly, the Board of Directors of American Express Company (AXP) announced a regular quarterly dividend of $0.43 per common share to all stockholders as of January 7, 2022, payable on February 10, 2022. Dow 30 component American Express Company (AXP) and its subsidiaries provide custo...

Dec 16, 2021 View Article

JPMorgan Chase Eases Overdraft Charges Comforting Customers

As per reports, JPMorgan Chase & Co (JPM) allows customers more space on overdrafts before charging fees, giving up revenue in a bid to attract customers and to keep up with competitors. The bank informed that beginning next year it will allow customers a full day to restore overdrawn balances a...

Dec 13, 2021 View Article

Visa U.S. Spending Momentum Index (SMI) Rises To 111.9 In November – $V

Reportedly, Visa Inc. (V) announced the U.S. Spending Momentum Index (SMI) of 111.9 in November adjusted seasonally, an increase from 1.3 points in October, marking the second consecutive month of acceleration in consumer spending momentum. The SMI’s further increase above 100 shows that even mo...

Dec 09, 2021 View Article

Goldman Sachs Announces Increased Employee Benefits To Attract & Retain Talent

Reportedly, Goldman Sachs Group, Inc. (GS) is offering a series of benefits for its employees, in an attempt to ease the strain on its workers and attract talent. The bank is increasing its retirement fund, matching contributions for U.S. employees to 6% of total compensation, making a jump of 2%. T...

Dec 01, 2021 View Article

JP Morgan Named The World’s Most Systemic Bank By FSB

As per reports, JPMorgan Chase & Co (JPM) has once again become globally the most systematically important bank, as per the latest annual ranking of top lenders by global regulators, with BNP Paribas and Goldman Sachs also adding to the list with being more systemic, moving up one position. The...

Nov 30, 2021 View Article

JPMorgan’s Hong Kong Staff Can Be Paid Up To $5,000 For Hotel Quarantine

As per reports, JPMorgan Chase & Co (JPM) to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay. As per the company memo, employees at the executive director level and below would be entitled to the one-off payment for a single quarantine stay in Hong Kong. T...

Nov 24, 2021 View Article

Nike Increases Quarterly Dividend By 11 Percent, Payable Dec 28

As per reports, Nike Inc’s (NKE) board has declared a quarterly cash dividend of $0.305 per share on the company’s outstanding Class A and Class B Common Stock, payable on December 28, 2021. The dividend is payable to stockholders as of December 6, 2021, and marks an increase of 11 percent from ...

Nov 21, 2021 View Article

Walmart Reports Exceed Q3 Earnings Expectations – Remains Confident As Holiday Season Approaches

Walmart Stores, Inc. (WMT) reported Q3 earnings, exceeding market estimates as high inflation pushed more customers to seek out its discount prices. Earning Highlights: The retailer reported an adjusted EPS of $1.45 versus $1.40 expected. Revenue stood at $140.53 billion versus $135.60 billio...

Nov 18, 2021 View Article

Visa States Latest SMI Supports View That Consumer Spending Set To Bounce Back In Q4

Reportedly, the U.S. Spending Momentum Index has increased to110.6 in October up 2.1 points from September, as per the Visa (V) SMI index, an economic indicator of the health of consumer spending. The Visa SMI above 100, indicates strong consumer spending momentum and when it falls below 100, it d...

Nov 15, 2021 View Article

Global Technology Leader Cisco Schedules Q1/2022 Release On November 17

As per reports, Cisco Systems, Inc. (CSCO) will host a conference call for its first-quarter fiscal year 2022 financial results on Wednesday, November 17, 2021, at 1:30 PM (PT)/ 4:30 PM (ET). Call & Link Details: 888-848-6507 & 212-519-0847 (for International Callers) Live & replay au...

Nov 09, 2021 View Article

Goldman Sachs Promotes Diversity In Hiring

As per reports, Goldman Sachs Group, Inc. (GS) has promoted 643 people to managing director, the bank's second-highest rank behind a partner, which included a higher proportion of female, Black, Asian, and Latino workers. The bank believes that more Black, Latino, and female professionals are to be...

Nov 05, 2021 View Article

Biotech Giant Amgen Announces Q4 Dividend Payable Dec 8

As per reports, the board of Dow 30 Amgen (MGN) announced a $1.76 per share dividend for the fourth quarter of 2021 and is payable December 8, 2021 to all stockholders as of November 16, 2021. If you liked this story please consider, visiting the Atossa Therapeutics (ATOS) dedicated page at Vista ...

Oct 27, 2021 View Article

American Express Posts Strong Q3 Earnings As Card Spending Increases

As per reports, American Express Company (AXP) released third-quarter earnings reporting earnings per share of $2.27 a share on revenue of $10.9 billion, exceeding analysts’ estimates of $1.80 a share on revenue of $10.52 billion. Net income in the period was $1.83 billion versus $1.07 billion a y...

Oct 27, 2021 View Article

American Express UK Credit Cards Consumers To Pay Higher Interest Rates Starting February

Reportedly, American Express Company (AXP) is set to increase interest rates that it charges UK consumers’ credit cards from 22.2% to 24.5% starting February next year. The increase of 2.3 percentage is because of the rising costs of providing loyalty programs, rewards, and benefits to its custome...

Oct 26, 2021 View Article

Intel’s Q3 Hit By Industry-Wide Component Shortage

Intel Corporation (INTC) reports weak third-quarter earnings figures, driven by an industry-wide component shortage for its PC chip business leading to a 2% shrinkage during the quarter ended October 2. “We call it match sets, where we may have the CPU, but you don’t have the LCD, or you don’...

Oct 26, 2021 View Article

Some US Walmart’s Allowing Customers To Buy Bitcoin At Coinstar Kiosks

Reportedly, Walmart Stores, Inc. (WMT) offers customers at some of its U.S. stores to purchase bitcoin using ATM-like machines installed by Coinstar. Coinstar, which has machines that can exchange physical coins for cash, has partnered with CoinMe, digital currency exchange to let customers buy bitc...

Oct 25, 2021 View Article

American Express & Goldman Collaborating To Offer Businesses Integrated Digital Payments Solutions

Reportedly, American Express (AXP) and Goldman Sachs (GS) Transaction Banking announced a collaboration to provide large corporate clients with a cloud-based payments solution that will support multiple payment options and also offer analytics and data in one integrated platform. The collaboration w...

Oct 25, 2021 View Article

P&G Reports Beats Q1 Estimates – Points to Inflationary Concerns

As per reports, Procter & Gamble Company (PG) reported first-quarter earnings, beating analyst estimates even as higher costs weighed on the company’s profits. The company also raised its forecast for commodity and freight costs for the remainder of the fiscal year, warning it believes infla...

Oct 19, 2021 View Article

Goldman Sachs Beats Estimates As IBank Revs Surge Nearly 90%! – $GS

Reportedly, Goldman Sachs Group, Inc. (GS) reported their Q3 results, which exceeded analysts’ expectations, as investment banking revenue surged nearly 90%. Earning Highlights: Earnings of $14.93 a share were reported versus $10.18 estimated. Revenue of $13.61 billion was reported, a 26% i...

Oct 18, 2021 View Article

Visa To Now Offer Visa Installments In Australia With ANZ & Quest Payment Systems

Reportedly, Visa (V) has announced the expansion of Visa Installments in Australia in partnership with one of the country’s largest financial institutions, ANZ, and merchant payment provider, Quest. The solution allows Australian shoppers to access "Buy Now, Pay Later" (BNPL) financing via the...

Oct 12, 2021 View Article

Visa To Release Fourth-Quarter Earnings On Oct 26

As per reports, Visa Inc. ( V) is to announce its fiscal fourth quarter and full-year 2021 financial results on Tuesday, October 26, 2021, after the market closes. The Visa’s executive management team will host a live audio webcast beginning at 2:00 p.m. P.T (5:00 p.m. ET) to discuss the results....

Oct 11, 2021 View Article

Verizon Communications, Inc. (VZ) To Release Q3 Results On Oct 20

As per reports, Verizon Communications, Inc. is to announce third-quarter 2021 earnings on Wednesday, October 20, beginning at 8:30 a.m. ET. All the necessary materials will be available on the website at 7:30 a.m. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communicatio...

Sep 30, 2021 View Article

American Express Schedules Quarterly Dividend Payable Nov 10

As per reports, the Board of American Express Company (AXP) announced a regular quarterly dividend of $0.43 per common share to shareholders as of October 8, 2021. The dividend is payable on November 10, 2021. Dow 30 component American Express Company (AXP) and its subsidiaries provide customers ...

Sep 29, 2021 View Article

JPMorgan Chase & Co Invests More Than $60 Million In MDI’s

Reportedly, JPMorgan Chase & Co (JPM) has invested in 10 banks with diverse leadership, acquiring stakes with a total value of more than $60 million. The bank is giving its customers free access to thousands of ATMs as part of its initiative and also to help address the racial wealth gap. The �...

Sep 28, 2021 View Article

Nike Q1 Earnings – Supply Chain Issues & Brands Digital Success Highlighted

NIKE, Inc. (NKE) recently released Q1 earnings which were 'curbed' by supply-chain issues, as manufacturing delays due to factory shutdowns in facilities in Asia continued. The sportswear giant reported revenue of $ 12.2 billion vs. $12.47 billion expected. Adjusted earnings of $1.16 cents were repo...

Sep 28, 2021 View Article

American Express Schedules Q3 Earnings Release On Oct 22

As per reports, American Express Company (AXP) is to release its third-quarter 2021 financial results on Friday, October 22, 2021, followed by a live audio webcast of its earnings conference call at 8:30 a.m. (ET). The webcast can be reached at the company’s website at https://ir.americanexpress.c...

Sep 27, 2021 View Article

JP Morgan Announces Increase In Quarterly Dividend

Reportedly, JPMorgan Chase & Co (JPM) announced a quarterly dividend of $1.00 per share on the outstanding shares of the common stock of JPMorgan Chase. The board announced the dividend date as October 31, 2021, to stockholders of record at the close of business on October 6, 2021. The quarter d...

Sep 26, 2021 View Article

JP Morgan Enters British Market With Launch Of Digital Retail Bank Chase

Reportedly, JPMorgan Chase & Co (JPM) is challenging British rivals with the launch of its long-awaited digital retail bank, Chase. The launch marks the entry into retail banking outside North America by one of the United States' most dominant lenders, building pressure on British incumbents suc...

Sep 22, 2021 View Article

Visa Releases Shipt, Skillshare, Sofar Sounds Benefits For U.S. Consumer Credit Cardholders

Reportedly, Visa (V) announced exclusive benefits for Visa’s U.S. Consumer Credit cardholders, with three exclusive benefits, such as Shipt, Skillshare, and Sofar Sounds. Eligible cardholders can enjoy; Free Shipt membership to receive free same-day delivery on groceries and household essenti...

Sep 21, 2021 View Article

Healthcare Giant J&J To Host Q3 Results Call On Oct 19th

Reportedly, Johnson & Johnson (JNJ) announced to host a conference call for investors at 8:30 a.m. on Tuesday, October 19th to review and analyze third-quarter results. The call will be hosted by Executive Vice President and Chief Financial Officer, Joseph J. Wolk. Teh. The senior leadership wil...

Sep 20, 2021 View Article

Goldman Acquiring Fintech Firm GreenSky For $2.24B

As per reports, Goldman Sachs Group Inc. (GS) is buying Atlanta-based, GreenSky Inc. for about $2.24 billion, extending its Marcus consumer-banking platform, a company offering payment plans to customers with home-improvement projects or health-care needs. The bank will pay 0.03 share of its common ...

Sep 17, 2021 View Article

Goldman Announces Appointment Of New CFO To Succeed Stephen Scherr

Reportedly, Goldman Sachs Group Inc. (GS) has appointed Denis Coleman, as its chief financial officer effective year-end and is taking over from current CFO Stephen Scherr, 57. Coleman, 47, is currently serving as the co-head of the global financing group in Goldman's investment banking division. Go...

Sep 16, 2021 View Article

Intel Declares Quarterly Dividend Payable December 1

Reportedly, the board of Intel Corporation (INTC) declared a quarterly dividend of $.3475 per share on the company’s common stock payable on December 1. The dividend is payable to shareholders of record as of Nov. 7, 2021. Intel Corporation (INTC) seeks to expand the boundaries of technology ...

Sep 12, 2021 View Article

JPMorgan Chase Announces Allison Beer To CEO In Cards Division

JPMorgan Chase & Co Announces Key Appointments In Cards Division – Allison Beer To CEO

Reportedly, JPMorgan Chase & Co (JPM) has appointed Allison Beer as the chief executive officer of cards at Chase to lead the cards business at the retail bank. Chase is JPMorgan's retail bank which is housed within its consumer & community banking division. [caption id="attachment_53452"...

Sep 12, 2021 View Article

JPMorgan Volkswagen AG’s Payments Platform

JPMorgan ($JPM)To Acquire 75% Of Volkswagen AG’s Payments Platform

Reportedly, JPMorgan Chase & Co (JPM) is buying a majority stake in Volkswagen AG’s payments platform, extending its services further into the auto industry, with a 75% share of Volkswagen Payments SA. The bank plans to work with the car manufacturer to develop the platform for new markets tha...

Sep 09, 2021 View Article

Visa & Chase Come Together To Donate To New York Cares With Their Chase Visa Contactless Card

As per reports, Visa (V) and Chase (JPM) announced that riders on MTA subways or buses, who tap with their Chase Visa contactless card, will donate 10 cents per tap, up to $250,000, to local nonprofit New York Cares, through September 30, 2021 or when maximum donation amount is reached). Local nonpr...

Aug 30, 2021 View Article

50 First-Year College Students Welcomed Into Visa’s Black Scholars & Jobs Program

Reportedly, Visa Inc. (V) announced the inaugural class of the Visa Black Scholars and Jobs Program, rewarding 50 first-year college students around the country with scholarship assistance for up to four years. Visa Black Scholars will get a chance to work with Visa mentors throughout their college ...

Aug 29, 2021 View Article

Highlights From Cisco’s Q4 Earnings Release

Cisco Systems, Inc. (CSCO) reported their fourth-quarter earnings this week, slightly above estimates but earnings guidance was just slightly off. The technology giants stressed and raised concerns over supply constraints. In May, Cisco had indicated it could face supply constraints at least through...

Aug 24, 2021 View Article

Goldman Sachs & Aareal Capital Corp Behind $500 Million Beverly Hilton & Waldorf Astoria Condo Project Refinancing

Reportedly, The Beverly Hilton and adjacent Waldorf Astoria obtained $500 million in refinancing from Goldman Sachs Group Inc. (GS) and Aareal Capital Corp. as the owners are preparing to build a neighboring condo and hotel complex in Beverly Hills, California. According to a statement Aareal, a un...

Aug 24, 2021 View Article

The Home Depot Confirms That Q2 Marks The 138th Consecutive Quarter It Has Paid A Cash Dividend

Reportedly, Dow 30 component the Home Depot, Inc. (HD) declared a cash dividend of $1.65 per share for the second quarter payable to all stockholders as of September 2, 2021. The board announced the dividend is payable on September 16, 2021, marking the 138th consecutive quarter the company has paid...

Aug 24, 2021 View Article

Highlights From Cisco’s Q4 Earnings Release

Cisco Systems, Inc. (CSCO) reported their fourth-quarter earnings this week, slightly above estimates but earnings guidance was just slightly off. The technology giants stressed and raised concerns over supply constraints. In May, Cisco had indicated it could face supply constraints at least through...

Aug 19, 2021 View Article

American Express Delays Return Of Employees To Office As Delta Variant Surges

As per reports, American Express Company (AXP) has delayed a full return of its employees to offices in the United States until at least October 11, as the highly contagious Delta variant of coronavirus is witnessing a surge in the country, informed an internal memo sent by Steve Squeri Chief Execut...

Aug 15, 2021 View Article

JPMorgan Announces New Real-Time Payments Service – “Request for Pay”

Reportedly, JPMorgan Chase & Co (JPM) has launched a real-time payments option, "Request for Pay" hoping to expand its edge in the financial industry's battle to handle more of the increasing volumes of global digital payments. The new addition allows corporate clients to send payment requests t...

Aug 13, 2021 View Article

Disney Reports Strong Q3 Results – Disney+ Subscribers Growth Exceed Expectations

Reportedly, the Walt Disney Company (DIS) released fiscal Q3 earnings beating estimates as user growth at its Disney+ platform performed ahead of expectations. Revenue of $17.02 billion was reported for the quarter ending July 3, versus $16.80 billion expected, and adjusted earnings per share of 80 ...

Aug 13, 2021 View Article

JPMorgan Revises Covid-19 Protocols In U.S. Offices Amid Rising Delta Variant Cases

As per reports, JPMorgan Chase & Co (JPM), United States has issued guidelines that require employees to wear masks in public indoor settings and in common areas within their offices regardless of their vaccination status. The above decision highlights the rising COVID-19 cases in the United St...

Aug 09, 2021 View Article

Honeywell (HON) To Pay Quarterly Dividend On Sept. 3

As per reports, the board of Honeywell (HON) declared a quarterly dividend of $.93 per share to common shareholders payable on September 3, 2021. The dividend is payable out of surplus to shareowners of record at the close of business on August 13, 2021. Vista Partners LLC (”Vista”) is a Califo...

Aug 03, 2021 View Article

Rising Vaccinations & Reviving Economies Boost Visa’s Q3 Earnings

Visa (V) reported strong quarterly earnings as domestic spending bounced back to pre-pandemic levels and international travel is also on the road to recovery as vaccinations rise and economies reopen. Payment giants are witnessing an increase in volumes from the coronavirus-induced slump as travel a...

Aug 03, 2021 View Article

IBM Schedules Quarterly Cash Dividend Payable September 10

As per reports, the board of International Business Machines Corporation (IBM) announced a regular quarterly cash dividend of $1.64 per common share, to stockholders of record August 10, 2021, payable September 10, 2021. Dow 30 component International Business Machines Corporation (IBM) p...

Aug 02, 2021 View Article

American Express Gains Record Number Of New Customers To Its Platinum Card – Reports Strong Q2 Revenue

American Express Company (AXP) reported a revenue surge of 33% to $10.2 billion in the second quarter, topping the $9.6 billion average estimate of analysts, as the credit-card giant added a record number of new customers to its tony Platinum card in the period. AmEx was hit hard by the Covid-19 ...

Jul 26, 2021 View Article

Visa Announces Acquisition Of Currencycloud – Pushing Forward Goal To Facilitate Global Money Movement

Reportedly, Visa Inc. (V) has entered a definitive agreement to acquire a global platform that enables banks and fintech to provide innovative foreign exchange solutions for cross-border payments, Currencycloud. The deal builds on existing strategic partnerships between the two companies and values ...

Jul 23, 2021 View Article

Verizon Q2 Earnings Top Estimates – Reports Strong Postpaid Wireless Subscribers Growth

Verizon Communications, Inc. (VZ) second-quarter earnings performed better than analyst’s estimates, reporting adjusted earnings per share of $1.37 and revenue climbing 11% to $33.8 billion for the quarter ending June 30. Analysts had estimated Verizon earnings of $1.30 a share on revenue of $32...

Jul 22, 2021 View Article

Travelers Beats Wall Street’s Q2 Expectations

Reportedly, The Travelers Companies, Inc. (TRV) released strong Q2 profit figures driven by higher premiums, the surge in returns from investments, and lower catastrophe losses beating analysts' average earnings per share forecast by more than $1.00, or about 44%. Travelers' pre-tax net investment ...

Jul 21, 2021 View Article

IBM Releases Q2 Earnings Confirm Analysts’ Beat & Fastest Revenue Growth In 3 Years

International Business Machines Corporation (IBM) reported Q2 earnings & beat analysts' expectations. The company reported adjusted earnings of $2.33 per share vs. $2.29 per share expected. Revenue grew 3% year over year in the quarter and stood at $18.75 billion, vs. $18.29 billion expected. �...

Jul 20, 2021 View Article

Johnson & Johnson’s Board Schedules Q3 Dividend

Reportedly, the board of Johnson & Johnson (JNJ) to pay a cash dividend of $1.06 per share on the company's common stock, for the third quarter of 2021 payable on September 7, 2021. The dividend is payable to shareholders of record at the close of business on August 24, 2021. Dow 30 c...

Jul 20, 2021 View Article

JPMorgan Clocks Quarterly Earnings Beat

JPMorgan Chase & Co (JPM) reported strong earnings this week boosted by a 'strong economy' and the release of credit reserves. The bank reported better than expected Q2 earnings with adjusted EPS of $3.78 versus $3.15 estimate and revenue stood at $31.4 billion versus $30.06 billion estimates. T...

Jul 15, 2021 View Article

Goldman Sachs Reports Strong Q2 Beating Estimates – Raises Dividend

The Goldman Sachs Group, Inc. (GS) reported strong Q2 earnings this week that exceeded Wall Street expectations, riding high in investment banking amid a robust IPO market. The bank reported earnings of $15.02 per share vs. $10.24 expected & Revenues stood at $15.39 billion versus $12.17 billion...

Jul 13, 2021 View Article

Boeing To Discuss Q2/2021 Earnings On July 28

Reportedly, Boeing (BA) to release its second quarter 2021 earnings on Wednesday, July 28, followed by a conference call at 10:30 a.m E.T. to discuss and review the results. The call will be hosted by David Calhoun, President & Chief Executive Officer, and Interim Chief Financial Officer, Dave D...

Jul 09, 2021 View Article

Customer Spending On Crypto-Linked Cards Exceed $1B In 1H2021 Per Visa

As per reports, Visa Inc. (V) informed that more than $1 billion has been spent by its customers on its crypto-linked cards in the first half of this year. The company is taking the necessary steps to smoothen crypto transactions and partnering with 50 cryptocurrency platforms, making it easier for ...

Jul 08, 2021 View Article

As US Gears Up American Express Includes Premium Benefits To Its Platinum Card

American Express Company (AXP) is adding numerous new perks to its Platinum product, from $200 in annual hotel credits to deals for chartering private jets as a broad move to revamp the popular premium card. The credit card giant has increased the annual Platinum fee to $695 from $550. “We’re...

Jul 05, 2021 View Article

Walgreens Raises Yearly Forecast, Reports Strong Q3 Earnings

Walgreen Boots Alliance (WBA) reported strong third-quarter earnings this week, reporting adjusted earnings per share of $1.51 versus $1.17 expected, and revenue of $34.03 billion was reported versus $33.76 billion expected. The retailer raised its outlook for the year, expecting about 10% growth in...

Jul 02, 2021 View Article

Investment Bank JP Morgan Opens European Headquarters In Paris

Reportedly, Investment bank JP Morgan (JPM) has opened up its European headquarters in Paris as Brexit has meant the UK is losing its importance as the financial center of the region. The Investment bank to move 140 employees to Paris as part of its European-wide Brexit strategy and aims to have 800...

Jul 02, 2021 View Article

JPMorgan Chase Announces Second-Quarter 2021 Earnings Release On July 13

Reportedly, JPMorgan Chase & Co. (JPM) to release second-quarter 2021 financial results on Tuesday, July 13, 2021, at 7:00 a.m (EDT), followed by a conference call at 8:30 a.m. (EDT). JPMorgan Chase will notify the public about the release through Twitter, and by a press release over Business Wi...

Jul 01, 2021 View Article

JPMorgan Chase Announces Entered Strategic Relationship & Ownership Position In Brazil’s C6 Bank

Reportedly, JPMorgan Chase & Co (JPM) and Brazilian digital bank, C6 Bank have entered into a strategic agreement, where JPMorgan Chase will take a 40% ownership stake in the full-service, subject to regulatory approvals. "We’re excited to be partnering with one of Brazil’s fastest growing ...

Jun 30, 2021 View Article

Coca-Cola Company Announces Release Of Q2 2021 Earnings July 21

As per reports, the Coca-Cola Company (KO) to announce its Q2 2021 earnings on July 21 before trading opens, followed by a conference call at 8:30 a.m. ET to discuss and review the results with the investor community. Interested parties can reach the webcast for this event at the company’s website...

Jun 29, 2021 View Article

Travelers’s 2021 Championship Produces More Than $2 Million For 112 Charitable Organizations

As per reports, the 2021 Travelers Championship has generated more than $2 million for 112 charitable organizations informed the Travelers Companies, Inc. (TRV). The insurance provider became the title sponsor in 2007, and the tournament has generated $22.5 million for more than 800 non-profits acro...

Jun 29, 2021 View Article

American Express To Announce Q2 2021 Results On July 23

Reportedly, American Express Company to release its Q2 2021 financial results on Friday, July 23, 2021, at 7 a.m. (ET), followed by a live audio webcast at 8:30 a.m. (E.T) to discuss and review the results. The webcast can be reached by the general public at the American Express, Investor Relations ...

Jun 25, 2021 View Article

Nike Crushes Q4 Earnings Expectations – Witnesses Growth In North America & Greater China

As per reports, Nike Inc. (NKE) reported fiscal Q4 earnings and sales this week, beating analyst estimates. The sports giant also offered a better-than-expected sales outlook for the upcoming year, driven by optimistic growth around its women’s category, apparel business, and Jordan brand. Nike wi...

Jun 25, 2021 View Article

Blockchain Capital Raises $300M From Investors Including Visa, PayPal, Etc.

Reportedly, Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including Visa Inc.(V) and PayPal Holdings Inc. Blockchain Capital informed that some investors in Fund V, including PayPal and Visa, will also ...

Jun 25, 2021 View Article

JPMorgan Asset-Management Arm Buys Campbell Global LLC – A $5.3B Forest Investor

As per reports, JPMorgan Chase & Co.’s (JPM) asset-management arm has agreed to purchase Campbell Global LLC, which focuses on timberland and natural resources and has $5.3 billion in investments. The bank aims to become an active participant in carbon offset markets, using forests to capture ...

Jun 23, 2021 View Article

JPMorgan Boosts Overseas Retail Digital Banking Expansion Via Acquisition of Nutmeg, A Robo Wealth Manager

Reportedly, JP Morgan Chase (JPM) has bought UK robo wealth manager Nutmeg, complementing the digital bank it plans to launch in the UK later this year under the Chase brand. Sanoke Viswanathan, head of JPMorgan’s international consumer division, stated: "We are building Chase in the UK from scra...

Jun 22, 2021 View Article

Cisco & Goldman Sachs Announce ESG Conference Call/Webcast For June 22

Reportedly, Cisco & Goldman Sachs will host an Environmental, Social, and Governance Webcast / Conference Call on June 22, 2021, at 11:00 a.m. ET (8:00 a.m. PT/4:00 p.m. BST) for the Financial Community. Senior Vice President, Corporate Affairs, Tae Yoo, will discuss Cisco's Corporate Social R...

Jun 21, 2021 View Article

American Express Allows Employees To Work From Home Permanently For 2 Days A Week

Reportedly, American Express Co (AXP) will allow most employees to work from home for up to two days a week permanently, unveiling a hybrid back-to-office approach. As per an internal memo by AmEx Chief Executive Officer Stephen Squeri, most of the U.S. and U.K. staff of the credit card issuer will ...

Jun 20, 2021 View Article

Insurance Provider Travelers To Announce Q2 2021 Results On July 20

Reportedly, The Travelers Companies, Inc. (TRV) to release its Q2 2021 results on Tuesday, July 20, 2021, followed by a conference call at 9 a.m. ET to review the results. Interested parties can access the call via webcast at investor.travelers.com and by dialing, 844.895.1976 (United States). ...

Jun 15, 2021 View Article

American Express Secures First Spot In Customer Satisfaction In The J.D. Power U.S. Online & Mobile App Credit Card Studies

Reportedly, the American Express (AXP) App1 and the American Express website both have been ranked number one in customer satisfaction among the U.S. credit card companies’ mobile apps and credit card websites, according to the J.D. Power 2021 U.S. Online & Mobile App Credit Card Satisfaction ...

Jun 14, 2021 View Article

American Express Announces “Membership Week” From June 14 – June 18 Featuring Offers, Deals & Experiences

As per reports, American Express Company (AXP) is conducting its first-ever five-day Membership Week from June 14-June 18, featuring offers, experiences, and special deals for American Express ® U.S. Consumer and Small Business Card Members. "Part of what makes our brand so special is our commun...

Jun 10, 2021 View Article

Cisco Announces $.37 Quarterly Cash Dividend

Reportedly, the board of Cisco Systems, Inc. announced a quarterly cash dividend of $.37 per common share to shareholders of record at the close of business on July 6, 2021. The dividend is payable on payable on July 28, 2021. Cisco Systems, Inc. (CSCO) is a global technology leader that designs, m...

May 31, 2021 View Article

Merck Announces Q3 2021 Dividend Payable July 7, 2021.

Reportedly, Merck & Co., Inc. (MRK) has announced a quarterly dividend of $0.65 per share of the company’s common stock for the third quarter, 2021 to shareholders of record at the close of business on June 15, 2021. The dividend is payable on July 7, 2021. Merck & Co., Inc. (MRK) is ...

May 30, 2021 View Article

Goldman Sachs Wins China Approval For Joint Wealth Management Venture With ICBC

Reportedly, China has approved the Goldman Sachs Asset Management Unit and Industrial and Commercial Bank of China (ICBC) joint venture to set up a foreign-controlled wealth management firm. The unit of Goldman Sachs Group Inc will offer a 51% funding contribution ratio, while the wealth management ...

May 27, 2021 View Article

JPMorgan Morgan Health In Washington DC With Deploying Up To $250M

As per reports, JPMorgan Chase & Co (JPM) announced details about Morgan Health, a new business venture focused on improving the efficiency, quality, and equity of employer-sponsored healthcare. The unit will be led by Dan Mendelson, CEO of Morgan Health. Mendelson will report to the Vice-Chair...

May 24, 2021 View Article

J.P. Morgan Secures Top Spot As European Web Transaction Acquirer

Reportedly, J.P. Morgan (JPM) has secured the top spot in the Nilson Report’s European ranking of merchant acquirers for the sixth year in Europe by web-based transactions. As per the report, the 45 largest acquirers handled over 22 billion web-based transactions with a value of over $1 trill...

May 20, 2021 View Article

Goldman’s Consumer Business CFO, Sherry Ann Mohan To Join JPMorgan Chase Business Banking Unit

As per reports, JPMorgan Chase & Co (JPM) has hired Sherry Ann Mohan as the chief financial officer of its business banking unit, formerly MD, and CFO for Goldman's (GS) consumer business. Mohan served at Goldman's consumer business, which includes Marcus and Apple Card. Sherry Ann Mohan's depa...

May 19, 2021 View Article

JPMorgan Lays Down Carbon Reduction Goals For Clients

Reportedly, JPMorgan Chase & Co (JPM) has set out mid-term, carbon reduction goals for clients, as the bank faces pressure to align their financing activities with their climate change commitments. JPMorgan Chase & Co is asking its clients in the auto industries and electric power to meet ca...

May 19, 2021 View Article

Visa Collaborates With Wave, Offering Instant Payouts To Canadian Small Business Owners

Reportedly, Visa Inc. (V) has partnered with Wave, an all-in-one accounting and business banking platform to launch Instant Payouts to Canadian small businesses helping them to manage their cash flow. The platform will be enabled by Visa Direct, Visa's real-time2 push payments platform, and made ava...

May 14, 2021 View Article

American Express Announces Quarterly Dividend

Reportedly, the Board of American Express Company (AXP) announced a regular quarterly dividend of $.43 per common share to shareholders of record on July 2, 2021, payable on August 10, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globa...

May 10, 2021 View Article

Cisco Announces Q3 Release Details

Reportedly, Cisco Systems, Inc. (CSCO) is scheduled to release its third-quarter earnings, 2021 on Wednesday, May 19, 2021, at 1:30 PM (PT) / 4:30 PM (ET). The press release of the earnings will be posted on the company's website under the "Newsroom" section. Dial-in details: 888-848-6507 & 21...

May 10, 2021 View Article

Home Depot To Release Q1 Earnings On May 18

As per reports, the world's largest home improvement retailer, The Home Depot, Inc. (HD) is scheduled to announce its first-quarter earnings conference call on Tuesday, May 18, at 9 a.m. ET. The webcast can be reached at http://ir.homedepot.com/events-and-presentations under the First Quarter Earnin...

May 07, 2021 View Article

Visa Quarterly Earnings Signal Reviving Economy

Visa (V) earnings are showing signs of recovery as an increase in online shopping helped the world's biggest payment processor quarterly earnings beat Wall Street estimates and overcome sluggish travel spending. Visa's total payment volumes increased 11% on a constant dollar basis. Visa's net revenu...

May 03, 2021 View Article

Microsoft Reports Earnings

Microsoft (MSFT) reports reports earnings expectations. The technology giant’s majority growth contributor was its Azure cloud division, pushing its market capitalization close to $2 trillion. For the quarter, the company reported $15.12 billion in revenue from the segment, a 23% year-over-year in...

Apr 28, 2021 View Article

IBM Reports Encouraging Q1 Revenue Growth & Beat!

International Business Machines Corporation (IBM) reports Q1 revenue growth after four quarters of declining figures. The technology giant reported an adjusted EPS of $1.77 per share versus $1.63 per share as expected by analysts. Revenue of $17.73 billion was recorded, a little ahead of market esti...

Apr 23, 2021 View Article

American Express Exceeds Quarterly Profits- Benefits of $675M From Release of $1.05B From Loan-loss Reserves

As per reports, American Express Co (AXP) released strong quarterly earnings, beating market estimates. The business card for companies is improving as government incentives and vaccine rollouts point at economic recovery, assisting the industry to recover from a pandemic-driven low in non-essential...

Apr 23, 2021 View Article

Procter & Gamble Quarterly Earnings Beat Market Estimates- Consumers Continue Buying Pandemic Inspired Cleaning Products

Reportedly, the Procter & Gamble Company (PG) third-quarter earnings exceeded analyst estimates as consumers continue to purchase more cleaning supplies and also bounce back to buying beauty products. Key Earning Highlights for the quarter ending March 31: Earnings per share of $1.26 were r...

Apr 21, 2021 View Article

JPMorgan Reports Positive Q1 Earnings, Crushing Market Estimates

JPMorgan Chase & Co (JPM) released first-quarter earnings, performing better than market estimates as the economy starts to revive from the COVID-19 crisis. Key Earning Highlights: Adjusted earnings per share of $4.50 were reported versus the $3.05 estimate. Revenue stood at $32.3 billion...

Apr 16, 2021 View Article

Goldman Sachs Reports Q1 Earnings, Exceeding Market Expectations

Reportedly, the Goldman Sachs Group, Inc. (GS) reported first-quarter net profits and revenues, beating analysts’ estimates driven by a strong performance from the firm’s investment banking and trading businesses. “We have been working hard alongside our clients in preparation for a world b...

Apr 15, 2021 View Article

Honeywell Schedules Release Of Q1 Financial Results

Reportedly, Honeywell (HON) is scheduled to release its first-quarter earnings before trading opens on Friday, April 23, followed by a conference call at 8:30 a.m. ET to discuss and review the results. Dial-in details: (800) 263-0877 for domestic or (646) 828-8143 for international. Conference code...

Apr 13, 2021 View Article

JPMorgan Chase Introduces Specialized Green Economy Team Supporting Environment Friendly Companies

Reportedly, JPMorgan Chase & Co (JPM) Commercial Banking has launched the new Green Economy Specialized industry team, supporting environmentally-friendly goods and services companies with dedicated banking services and expertise. Brian Lehman with more than 20 years of client-facing experience ...

Apr 09, 2021 View Article

Goldman May Soon Offer Bitcoin To Wealth Management Clients

Goldman Sachs Group Inc (GS) is reportedly planning to offer investment vehicles for Bitcoin and other digital assets to its private wealth management unit clients. ″We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem f...

Apr 08, 2021 View Article

JPMorgan Chase Announces Release Date For First-Quarter 2021 Earnings

Reportedly, JPMorgan Chase & Co (JPM) is scheduled to release its first-quarter 2021 financial results on Wednesday, April 14, 2021, at 7.00 am ET, followed by a conference call to review the results at 8:30 am ET. The live audio webcast can be reached on the company’s website under Investor ...

Apr 07, 2021 View Article

Goldman Sachs Preparing London Staff To Return Office

As per reports, Goldman Sachs Group Inc (GS) is preparing the return for hundreds of staff back in its London office, after Easter Break, as companies now expect normal working conditions during the COVID-19 pandemic. Nearly 200 of Goldman's 6,000 London employees are expected to return to the offic...

Apr 07, 2021 View Article

Chevron Announces First-Quarter, 2021 Earnings Call & Webcast

Chevron Corporation (CVX) is scheduled to discuss its quarterly earnings via a conference call at 11:00 a.m. ET, on Friday, April 30, 2021. The meeting will be hosted by Pierre Breber, Vice President & Chief Financial Officer, and Roderick Green, General Manager, Investor Relations. Dial-in d...

Apr 07, 2021 View Article

Merck Announces Q1 2021 Sales & Earnings Release & Conference Details – April 29

As per reports, Merck & Co., Inc. (MRK). is set to host its first-quarter 2021 earnings conference call at 8:00 a.m. ET on Thursday, April 29. The live call webcast can be reached on the company’s website under “Events & Presentation”. Investors and analysts can dial (833) 353-0277 o...

Apr 07, 2021 View Article

Visa Enhances Global Money Movement Capabilities With Its Visa Direct Payouts

Reportedly, Visa (V) has announced the expansion of Visa Direct with the introduction of Visa Direct Payouts. The new solution allows global Visa clients and partners to use a single point of connection to push payments to eligible cards and/or accounts for cross-border payments, and eligible cards ...

Mar 31, 2021 View Article

American Express Announces Q1 Earnings Release Date

Reportedly, American Express Company (AXP) to release its first-quarter 2021 financial earnings on Friday, April 23, 2021, at 7.00 a.m. (ET), followed by a conference call at 8.30 am to discuss and review the results. The webcast can be reached by the interested parties on the company’s website un...

Mar 28, 2021 View Article

Goldman Considering Take Over Of JetBlue’s Credit Card Business

As reported in the Wall Street Journal, Goldman Sachs Group Inc. (GS) is in talks with JetBlue Airways Corp to take over its credit card program. The bank is competing with Barclays PLC, which is the current issuer of JetBlue's credit cards and is reportedly in talks with the low-cost airline to str...

Mar 23, 2021 View Article

Visa Faces Probe By U.S. Justice Department Over Debit-Card Routing Practices

As per reports, Visa Inc. (V) is under investigation by the U.S Department of Justice to probe the credit card’s giant involvement in anti-competitive practices in the debit-card market. The antitrust division is probing the network’s rules for routing transactions both in stores and online. ...

Mar 22, 2021 View Article

The Coca-Cola Company Schedules Release Of Q1 2021 Earnings For April 19

Reportedly, the Coca-Cola Company (KO) to release its first-quarter 2021 financial results on April 19 before the market opens, followed by an investor conference call at 8:30 a.m. ET to discuss and review the results. Interested parties can join a webcast for this event at www.coca-colacompany.com/...

Mar 22, 2021 View Article

American Express Announces Quarterly Dividend Payable May 10, 2021

Reportedly, the board of American Express Company (AXP) announced a quarterly dividend of $.43 per common share to shareholders as of April 2, 2021. The dividend is payable on May 10, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses global...

Mar 18, 2021 View Article

Goldman Sachs Partner Matthew Verrochi To Be New Co-Head Of Fixed-Income Sales

Reportedly, Goldman Sachs Group Inc. (GS) has promoted Matthew Verrochi to lead fixed-income sales in the Americas alongside Av Bhavsar amid a leadership shuffle. Matthew Verrochi, with 17-year service to the firm, previously served as the regional head for the trading division in San Francisco. Mat...

Mar 18, 2021 View Article

Travelers Announces Q1 2021 Earnings Release Date

Reportedly, the Travelers Companies, Inc. (TRV) to discuss and review its first quarter 2021 results on Tuesday, April 20, at 9 a.m. ET soon after the release of results earlier that morning. Investors can reach the call via webcast on the company’s website under Investor Relations. Alternately In...

Mar 14, 2021 View Article

Intel Announces Quarterly Cash Dividend

As per reports, the board of Intel Corporation (INTC) announced a quarterly dividend of $0.3475 per share on the company’s common stock payable on June 1, 2021, to stockholders as of record on May 7, 2021. Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most a...

Mar 14, 2021 View Article

JP Morgan To Strengthen New Remote Financial Advice Offering By Hiring Over 100 Financial Advisors In Phoenix Metro Area

Reportedly, J.P. Morgan Wealth Management (JPM) to hire more than 100 financial advisors in the Phoenix metro area by 2022, working on the bank’s commitment to growing in Arizona. The new employees will be a part of J.P. Morgan’s growing U.S. wealth management business, with a focus to offer pro...

Mar 12, 2021 View Article

Travelers Collaborates With Westhill In Move to Improve Claim Experience

Reportedly, The Travelers Companies, Inc. (TRV) has tied up with an innovative technology solution designed by Westhill. Travelers customers filing property claims in select states can now help themselves with Westhill’s digital platform, allowing them to communicate with reputable contractors in ...

Mar 11, 2021 View Article

American Express Widens Its Hiring Choices , As Work From Home Continues To Stay

As per reports, American Express Company (AXP) may prefer to hire from a larger talent pool in the future from cities where it does not have offices, as most of its employees would continue working from home. "I don't think the work environment as we left it, will be the work environment we come ...

Mar 10, 2021 View Article

Goldman Sachs’ Head Lawyer Karen Seymour Exits Position

As per the Bloomberg report, Goldman Sachs Group Inc's (GS) general counsel Karen Seymour is leaving the bank. Seymour played a pivotal role in the bank's negotiations to settle U.S. and international investigations into the role Goldman Sachs bankers played in Malaysia's 1MDB corruption scandal. ...

Mar 03, 2021 View Article

Colleen Foster, Goldman’s Global Head Of Commodities Finance Is Retiring

Reportedly, Colleen Foster, global head, commodities finance solutions, Goldman Sachs Group Inc (GS) is retiring after serving the firm for more than twenty years. She joined Goldman Sachs in 1999 as a vice president in energy sales and was named partner in 2006. Foster's last role was in investmen...

Feb 25, 2021 View Article

Coca-Cola Confirms 59th Consecutive Annual Dividend Increase

Reportedly, The Board of the Coca-Cola Company (KO) announced the company’s 59th consecutive annual dividend increase by 2.4 percent from 41 cents to 42 cents per common share, payable on April 1 to shareholders of record on March 15. The board also announced the election of Stacy Apter as vice p...

Feb 22, 2021 View Article

Honeywell To Pay Quarterly Dividend On March 12

As per reports, Honeywell (HON) will pay a quarterly dividend of $0.93 per share on the outstanding common stock, to all shareholders as of February 26, 2021. The dividend is to be paid on March 12, 2021, as announced by the company's Board of Directors. Honeywell, a Fortune 100 technology company ...

Feb 15, 2021 View Article

Tesla’s Interesting $1.5B Investment & Willingness To Accept Bitcoin Payments

Reportedly, electric car maker Tesla (TSLA) has invested $1.5B in Bitcoin and will also soon start accepting payments for its cars in Bitcoin "subject to applicable laws and initially on a limited basis," making it the first S&P 500 company to invest in Bitcoin. Last month, a change in investmen...

Feb 11, 2021 View Article

Visa’s US Consumer Credit Account Holders Can Now Enjoy Benefits With NortonLifeLock

As per reports, Visa Inc. (V) has announced the availability of a new benefit for its Visa consumer credit account holders in the U.S. Consumers holding Visa Infinite, Visa Signature, or Visa Traditional credit cards can now enroll and enjoy benefits of complementary offers and discounts on product...

Feb 10, 2021 View Article

JP Morgan Appoints Simone Haslinger & Jonas Troeber to Head Australian & New Zealand Equity Capital Markets

Reportedly, JPMorgan Chase & Co (JPM) has appointed Simone Haslinger and Jonas Troeber to head its Australian and New Zealand equity capital markets units, replacing Jabe Jerram and Dyson Bowditch who left the bank recently to join Barrenjoey Capital. Haslinger has been with JPMorgan in 2010 an...

Feb 10, 2021 View Article

American Express Pushes Uber Perks To Gold Card

Reportedly, American Express Co (AXP) is twisting the rewards on its Gold card as the credit card giant strives to retain its affluent customers. Customers holding a $250-a-year card will now receive a $10 monthly credit for purchases made with Uber Technologies Inc including their rides or food del...

Feb 10, 2021 View Article

Merck Releases Q4 Earnings Below Estimates

Merck & Co. Inc. (MRK) reports disappointing quarter results with coronavirus pandemic impacting $400 million on fourth-quarter sales. Sales increased 5% to $12.51 billion but missed analyst forecasts for $12.67 billion. Adjusted earnings came in at $1.32 per share missing estimates of $1.38 p...

Feb 08, 2021 View Article

American Express Elects Thomas J. Baltimore, President of Park Hotels & Resorts Inc., To Its Board

Reportedly, Thomas J. Baltimore, Jr., Chairman, Chief Executive Officer, and President of Park Hotels & Resorts Inc. has been elected to be a part of the American Express (AXP), Board of Directors effective January 27, 2021. Mr. Baltimore was elected Chairman of the Park Hotels & Resorts’ ...

Feb 03, 2021 View Article

JPMorgan Chase To Offer Digital Consumer Banking In in Canary Wharf, London

JPMorgan Chase & Co (JPM) is set to launch a digital retail bank under its Chase brand with headquarters in Canary Wharf, London with a contact center in Edinburgh. The bank will provide products and features tailored to meet the needs of customers in the U.K., delivered via an innovative mobile...

Feb 03, 2021 View Article

Caterpillar Posts Promising Q4 Results

Reportedly, Caterpillar, Inc. (CAT) reported Q4 earnings recently beating analyst estimates. The mining and construction equipment maker posted adjusted fourth-quarter earnings of $2.12 a share, above the $1.45 average of analysts’ estimates. Full-year revenue in 2020 was $41.7 billion, a 22% decr...

Feb 02, 2021 View Article

Visa Beats Q1 Estimates As Holiday Shopping Revives Consumers Spending

Visa Inc. (V) reports quarterly profits, beating Wall Street estimates and witnessing a surge in online shopping during Christmas and New Year holidays, a much-needed recovery in payment volumes from the coronavirus-driven slump. U.S. holiday sales increased 8.3% last year to record their best growt...

Jan 29, 2021 View Article

Travelers Ride High On Quarterly Earnings Driven By Higher Premiums & Strong Underwriting

Property and casualty insurer, Travelers (TRV) reported fourth-quarter earnings recently, beating analyst’s estimates boosted by a rise in premiums and strong underwriting. Travelers reported a rise in net written premiums by 6% to $7.08 billion. Its underwriting gains more than tripled to $513 mi...

Jan 27, 2021 View Article

Aerospace Giant Boeing (BA) Reports Huge Q4 losses Plus Delayed Entry of 777X Jet

Aerospace giant, Boeing (BA) reports huge Q4 losses as the company recorded numerous charges and the delayed the entry of its 777X jet. The company reported a net loss of $11.9 billion and a core loss of $15.25 per share as it booked $8.3 billion in pre-tax charges. Revenue dropped 15% to $15.3 bill...

Jan 27, 2021 View Article

American Express Exceeds Q4 Estimates & Hoping For More

American Express (AXP) beat the Q4 estimates, reporting an EPS of $1.75 on revenue of $9.35 billion, beating estimates at $1.26 a share. Consumer service revenue dropped 14% to $5.5 billion. Commercial services revenue decreased 20% to $2.7 billion. Merchant and network services revenue also dropped...

Jan 27, 2021 View Article

Microsoft Beat Q2 Earnings Estimates On Strength Of Cloud & Personal Computing Strength

Microsoft Corp (MSFT) topped second-quarter 2021 earnings, exceeding expectations on the top and bottom lines driven by its cloud and personal computing strength. Revenue of $43.1 billion was reported versus $40.2 billion expected, EPS of $2.03 was reported versus $1.64 expected. The company’s per...

Jan 27, 2021 View Article

Goldman Sachs Reports Strong Q4 Earnings Riding High On Equities Trading & Investment Banking

Wall Street giant, Goldman Sachs Group, Inc. (GS) reported Q4 earnings recently, exceeding market estimates as they rode high on equities trading and investment banking. The bank reported EPS of $12.08 versus. $7.47 expected. Net revenue of $11.74 billion was reported versus. $10.07 billion expected...

Jan 26, 2021 View Article

JPMorgan Reports Better Than Expected Q4 Profits

JPMorgan Chase & Co (JPM) reported Q4 earnings recently, ahead of market estimates. The bank reported earnings of $3.79 a share, exceeding estimates at $2.62 per share. Revenue of $30.16 billion was reported, vs. $28.70 billion expected. The firm reported having released $2.9 billion from its s...

Jan 25, 2021 View Article

Goldman Inks Deal For General Motors Credit-Card Business

Reportedly, Goldman Sachs Group Inc. (GS) has signed a deal to take over General Motors Co.’s credit-card portfolio. Goldman Sachs will be the issuer for the automaker’s credit-card program with an expected start date in September. Mastercard Inc. will remain the network for the cards. �...

Jan 19, 2021 View Article

Visa To Announce Fiscal Q1 2021 Earnings On January 28, 2021

Reportedly, Visa Inc. (V) will announce its fiscal first-quarter of 2021 on Thursday, January 28, 2021, after the market closes. Visa’s executive management team to host a live audio webcast at 2:00 p.m. Pacific Time/ 5:00 p.m. ET to discuss and review the financial results and business highligh...

Jan 18, 2021 View Article

Goldman & Marqeta Partnering Personalized & Feature-rich Digital Banking Services

As per reports, The Goldman Sachs Group, Inc. (GS) has partnered with the card-issuing startup Marqeta to develop digital checking accounts set to launch this year. The bank expects the partnership will enable it to offer more personalized and feature-rich digital banking services to its customers....

Jan 18, 2021 View Article

Visa $5.3B Purchase of Plaid Following Antitrust Pushback From The Department Of Justice

Reportedly, Visa Inc (V) has withdrawn from its $5.3 billion purchase of payment-processing technology company, Plaid following an antitrust pushback from the Department of Justice. The deal was proposed in January 2020. Plaid’s infrastructure allows consumers and businesses to make payments dire...

Jan 13, 2021 View Article

Walmart To Launch Fintech Start-Up With Ribbit Capital

Walmart Stores, Inc. (WMT) to launch a financial technology (fintech) startup in partnership with Palo Alto, California-based venture capital firm Ribbit Capital which has backed investment platform personal finance portal Credit Karma, Robinhood, and other big names in the industry. The new compan...

Jan 13, 2021 View Article

Merck Schedules February 4 To Release Its Financial 2020 Results

Reportedly, Merck & Co., Inc. (MRK) to review and discuss its full-year and fourth quarter 2020 financial results on Thursday, Feb. 4 at 8:00 a.m. ET. Interested parties can reach the live audio webcast of the event at the company’s website under “Events & Presentation”. A replay ver...

Jan 12, 2021 View Article

JPMorgan Chase Schedules Q4 & Full-Year 2020 Earnings On January 15

Reportedly, leading global financial services firm, JPMorgan Chase & Co (JPM) will announce financial full-year and Q4 results on January 15, 2021, at 7.00 a.m. ET, followed by a conference call at 8:30 a.m. ET to discuss and review the results. Live webcast of the event can be reached at the In...

Jan 09, 2021 View Article

Goldman’s Asset Unit Chairman Sheila Patel To Step Down

Reportedly, Sheila Patel, Chairman of Goldman Sachs Group Inc.’s (GS) asset-management unit is retiring after almost two decades of service at the firm. Patel is among the company’s senior women and has headed some of Goldman’s highest-profile relationships with investors around the world. Pat...

Dec 30, 2020 View Article

IBM Purchases Canada’s Fintech From Expertus To Strengthen Payment Offerings

As per reports, International Business Machines Corp (IBM) has purchased a Canadian financial-technology firm Expertus Technologies Inc. to boost its electronic-payments capabilities that will assist in more than $50 billion in transactions a day. Expertus to be a part of the IBM Global Business Ser...

Dec 19, 2020 View Article

Travelers To Review Q4 2020 Results On Jan. 21 At 9 a.m. ET

Reportedly, The Travelers Companies, Inc. (TRV) to review and discuss its fourth quarter and full-year 2020 results at 9 a.m. ET on Thursday, Jan. 21, after the results are declared that morning. Interested parties can access the call via webcast at investor.travelers.com or by dialing 844.895.1976 ...

Dec 16, 2020 View Article

Verizon Business Opts For Touchless Payment With Fiserv’s Clover

As per reports, Verizon Business (VZ) has entered an agreement with Fiserv, a well-known global provider of payments and financial services solutions, benefitting Verizon Business customers to use the Clover point-of-sale platform from Fiserv including the all-in-one mobile Clover Flex enabling touc...

Dec 14, 2020 View Article

American Express Announces Quarterly Dividend Of $.43

The American Express Company (AXP) board of directors declared its common stock quarterly dividend of $.43, payable on February 10, 2021, to all shareholders of record as of January 8, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globa...

Dec 13, 2020 View Article

Travelers Announces Acquisition Of Digital Independent Insurance Agency InsuraMatch

As per reports, The Travelers Companies, Inc. (TRV) announced the acquisition of a digital independent insurance agency, InsuraMatch, LLC from the Plymouth Rock Group of Companies. The deal is subject to customary closing procedures. The terms of the deal were not disclosed. InsuraMatch offers an on...

Dec 10, 2020 View Article

JPMorgan Chase To Pay $250M Penalty Over ‘Pattern Of Misconduct’ In Wealth Management

Reportedly, JPMorgan Chase & Co (JPM) to pay a $250 million fine after one of its U.S. regulators discovered a “pattern of misconduct” in its asset and wealth management division. “For several years, the Bank maintained a weak management and control framework for its fiduciary activitie...

Dec 01, 2020 View Article

Payment Start-Up Marqeta, Backed By Visa/Goldman, Looking Forward To 2021 IPO Garnering A $10B Valuation

Marqeta, a payments startup supported by Goldman Sachs Group Inc. (GS) and Visa Inc. (V) has hired underwriters for a planned 2021 initial public offering, as per reports. The company is working with Goldman and JPMorgan Chase & Co. on the listing, probably seeking a valuation of about $10 billi...

Dec 01, 2020 View Article

American Express Green, Gold & Platinum Cards Members Can Now Enjoy Uber Benefits

Reportedly, American Express Company (AXP) is now offering select U.S. consumer cardmembers the facility to register in a complimentary Uber Eats Pass membership for a 12 month period. The new addition eases expensive delivery fees and service charges when consumers order from the Uber Eats app. Th...

Nov 30, 2020 View Article

The Clorox Company’s Linda J. Rendle Joins Visa’s Board Of Directors

Reportedly, Linda J. Rendle has been appointed to the board of Visa.Inc (V) effective November 23, 2020, for a term stated to expire at the Company’s 2021 Annual Meeting of Stockholders. The appointment brings Visa’s total board of directors to 12 members. “I am pleased to welcome Linda t...

Nov 25, 2020 View Article

Visa Concludes Acquisition of Fintech Pioneer YellowPepper

Reportedly, Visa Inc. (NYSE: V) has completed the acquisition of a fintech pioneer with proprietary technology and partnerships, YellowPepper, lending support to financial institutions and start-ups in regions like Latin America and the Caribbean, first of its kind for Visa in the region. YellowPe...

Nov 24, 2020 View Article

Home Improvement Retailer Home Depot Q3 Cash Dividend of $1.50 Payable December 17, 2020

As per reports, the board of Home Depot (HD) has announced its Q3 cash dividend of $1.50 per share payable December 17, 2020, to shareholders of record on the close of business on December 3, 2020. The dividend marks the 135th consecutive quarter the company has declared a cash dividend. The Home D...

Nov 22, 2020 View Article

Global Science Company 3M Releases October’s Sales Figures

Recently, global science company 3M (MMM) released sales information for the month of October 2020. Key Highlights: Total sales for October rose by 3 percent year-on-year to $2.9 billion. Organic local-currency sales rose by 2 percent. Total sales increased 4 percent in Safety and Industria...

Nov 18, 2020 View Article

American Express Customers Are Hoarding Their Points

As per reports, American Express Company (AXP) Chief Financial Officer Jeff Campbell revealed that customers of American Express Co.’s travel-related co-brand cards along with the firm’s Platinum, Gold, and other proprietary cards, have been stockpiling their points and miles during the pandemic...

Nov 12, 2020 View Article

Travelers To Launch Global Companion℠ Plus+ For U.S. Companies With Foreign Exposure

Reportedly, The Travelers Companies, Inc. (TRV) announced the launch of a new product, Global Companion Plus+, based on the company’s broad property and casualty offerings for U.S. firms with foreign exposures. Features of Global Companion Plus+ comprise of Primary Foreign Voluntary Workers Compe...

Nov 11, 2020 View Article

Honeywell Beats Wall Street’s Estimates

Honeywell International Inc (HON) reported quarterly earnings recently, beating estimates as cost controls and strong demand for its warehouse automation equipment partially offset declining sales in its aerospace business due to air travel halt earlier in the year hurting aero parts makers. Earnin...

Nov 11, 2020 View Article

Apple Beats Quarterly Expectations, Low iPhone Sales Pull Stocks Down

As per reports, Apple Inc. (AAPL) exceeded fiscal fourth-quarter earnings estimates as sales from the company’s services offerings and Mac computers beat quarterly records. Revenue of $64.70 billion was reported, versus $63.47 billion expected, and EPS of 73 cents vs.70 cents was reported. Mac sa...

Oct 30, 2020 View Article

Caterpillar Misses Q3 Earning Estimates-Reports 54% Drop In Profits

Caterpillar, Inc. (CAT) reported a 54% drop in third-quarter earnings caused by lower end-user demand for equipment and services, and the resultant decrease in dealer inventories driven by the pandemic. The company posted earnings per share of $1.34 on revenue of $9.9 billion, defeating analyst’s ...

Oct 29, 2020 View Article

Profits Plunge For Visa But Beats Estimates – Consumer Spending Drops Amid Pandemic

As per reports, Visa Inc. (V) announced Q4 profits this week, much below Wall Street estimates driven by high unemployment caused by the coronavirus-induced recession and low consumer spending. Total spending decreased by 10% and the number of processed transactions dropped 13%. Cross-border transac...

Oct 28, 2020 View Article

3M Announces Q3 Earnings – Sees Healthcare Unit Record 25.5% Sales Increase

Dow 30 component, 3M (MMM) reported Q3 earnings this week, beating Wall Street estimates as demand for its N95 masks continues to grow during the COVID-19 pandemic. Sales from its healthcare unit recorded a 25.5% increase and accounted for more than a quarter of the company’s total sales. Sales a...

Oct 28, 2020 View Article

Travelers Report Q3 Earnings, Beat Estimates

The Travelers Companies, Inc. (TRV) reported third-quarter earnings this week, beating market estimates driven by lower costs, high premiums, and increasing returns from non-fixed income investments. The Property and casualty insurer net written premiums increased 3% to $7.77 billion for the quarte...

Oct 27, 2020 View Article

American Express Reports Declining Q3 Profits

American Express Company (AXP) announced Q3 earnings this week, reporting declining profits as its customers spend less during the COVID-19. The pandemic has resulted in mass layoffs resulting in bill defaulters, resulting in the bank to set aside money for potential payment defaults. American Expre...

Oct 27, 2020 View Article

Intel Beat Earnings Estimates, But Misses Figures For Its Data Center Unit

Dow 30 component, Intel Corporation (INTC) reported Q3 earnings this week, in-line with analyst expectations but lacked growth in its data center business. Here’s how the company performed: An EPS of $1.11 per share was reported in-line with expectations. Revenue stood at $18.33 billion, ve...

Oct 27, 2020 View Article

Amgen Declares Q4 Quarterly Dividend

Reportedly, the Board of Amgen (AMGN) has announced a $1.60 per share dividend for the Q4 of 2020, payable on December 8, 2020, to all stockholders of record as of November 16, 2020. If you liked this story please consider, visiting the Atossa Therapeutics (ATOS) dedicated page at Vista Partners ...

Oct 26, 2020 View Article

JPMorgan Releases Strong Q3 Earnings Points To Stimulus

Last week, JPMorgan Chase & Co (JPM) reported strong third-quarter earnings, reporting figures better than market estimates. The bank reported revenue of $29.94 billion versus $28.39 billion expected and EPS of $2.92 versus $2.26 per share expected. The bank reserved $611 million for credit rese...

Oct 22, 2020 View Article

Coca-Cola Announces Quarter Earnings, Beat Estimates As Demands Resume

Beverage giant, the Coca-Cola Company (KO) released quarterly revenue this week, exceeding expectations as sales began to bounce back from the partial reopening of theaters, restaurants, and public avenues closed for months for the pandemic. “While many challenges still lie ahead, our progress ...

Oct 22, 2020 View Article

Dow 30 Component Walgreens Releases Q4 Earnings, Beat Estimates

Reportedly, the drugstore chain Walgreen Boots Alliance (WBA) released Q4 earnings recently. The company expects profit to grow in single digits in 2021, after witnessing better-than-expected fourth-quarter figures driven by an increase in sales at U.S. pharmacies. Same-store sales for the company�...

Oct 21, 2020 View Article

Board Approves Coca-Cola Quarterly Common Stock Dividend

Reportedly, the board of Coca-Cola Company (KO) announced a regular quarterly dividend of 41 cents per common stock payable Dec.15, 2020. The dividend will be paid to stockholders as of the close of business on Dec. 1, 2020. Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverag...

Oct 21, 2020 View Article

Goldman’s Q3 Earnings Ride High On Trading, Consumer Banking

The Goldman Sachs Group, Inc. (GS) released its Q3 earnings this week, performing much ahead of Wall Street’s estimates. Some key earning highlights: An EPS of $9.68 versus reported versus $5.57 expected. Net revenue of $10.78 billion was reported versus $9.45 billion estimated. Trading r...

Oct 15, 2020 View Article

Caterpillar (CAT) Announces Quarterly Cash Dividend

Reportedly, the Board of Directors of Caterpillar, Inc. (CAT) announced that they have decided to maintain the quarterly cash dividend of $1.03 per share of common stock, to shareholders of record as on October 26, 2020. The dividend will be payable on November 20, 2020. "Caterpillar's dividend h...

Oct 15, 2020 View Article

Visa Recently Announced Dates For Q4 & Full-Year Fiscal Results In Late October

Visa Inc (V) is scheduled announce its Q4 and full-year 2020 financial results on Wednesday, October 28, 2020, as per reports. Visa’s team will host the live audio webcast at 2:00 p.m. Pacific Time 5:00 pm ET to discuss and review the results. Interested parties can reach the webcast at http://i...

Oct 15, 2020 View Article

Walt Disney will Announce Fiscal Full Year And Q4 2020 Results Thursday, November 12, 2020

As per reports, The Walt Disney Company (DIS) to announce its fiscal full year and fourth quarter 2020 financial results on Thursday, November 12, 2020, at 4:30 p.m. EST / 1:30 p.m. PST via a live audio webcast. The webcast can be reached at www.disney.com/investors. The webcast presentation will a...

Oct 08, 2020 View Article

Honeywell’s BOD Announces Increased Annual Cash Dividend Effective In Q4

As per reports, The Board of Honeywell International Inc. (HON) has announced an increase in the company's regular annual cash dividend from $3.60 to $3.72 per share. The updated dividend will be effective with the fourth-quarter dividend of $0.93 per share, payable on December 4, 2020, out of surpl...

Sep 29, 2020 View Article

JPMorgan & BlackRock Team Up With Saphyre

Reportedly, JPMorgan Chase & Co (JPM) and BlackRock Inc. have teamed up with Saphyre, an artificial intelligence technology startup to digitalize and automate the opening of custody accounts. The AI-powered system remembers when an asset manager uploads a specific document required to open a cus...

Sep 24, 2020 View Article

American Express Scheduled To Release Q3 Earnings & Webcast On October 23, 2020

American Express (AXP) to hold its Q3 earnings live audio webcast on October 23, 2020, at 8:30 a.m. ET to review and discuss its quarterly results, as per reports. The live audio webcast will be available on the company's website at http://ir.americanexpress.com for the general public followed by a ...

Sep 24, 2020 View Article

Nike Reports Strong Q1 Earnings Confirming An 82% Jump In Digital Sales

Sportwear giant NIKE, Inc. (NKE) released its Q1 earnings this week, performing above market estimates as digital sales surged and lockdown measures eased, allowing the brand to open stores worldwide. Nearly all of Nike’s locations were open across North America, Europe, the Middle East and Africa...

Sep 23, 2020 View Article

JPMorgan To Shift $230B Assets Ahead Of Brexit

As per the Bloomberg report, JPMorgan Chase & Co (JPM) intends to shift 200B euros (US $233.76 B) from the UK to Germany ahead of Britain's exit from the European Union. The bank plans to migrate the assets to its Frankfurt-based subsidiary by the end of 2020. The bank has also announced to exp...

Sep 23, 2020 View Article

The Walt Disney Company Lists Event Participation Of Senior VP & CFO, Christine McCarthy

As per reports, Senior Executive Vice President and CFO, The Walt Disney Company (DIS), Christine McCarthy to be a part of the question-and-answer session at the Citi 2020 Global Technology Conference. The event was hosted on Wednesday, September 9, 2020, at 11:25 a.m. PDT/ 2:25 p.m. EDT. Christine...

Sep 17, 2020 View Article

American Express Appoints Colleen Taylor, President, Merchant Services

As per reports, Colleen Taylor has been appointed as the new President, Merchant Services, American Express (AXP) U.S effective September 14. Taylor will report to Group President, Global Merchant & Network Services, Anré Williams, and will take charge of building relationships with the milli...

Sep 17, 2020 View Article

JPMorgan Trading-Floor Senior Staff Have Been Asked To Return Office Amid The Pandemic By Sept 21

As per a Wall Street Journal report, JPMorgan Chase & Co (JPM) executives have asked senior employees of the bank's sales and trading operation and their teams to return to office by Sept. 21. The message was delivered in a conference call by the bank’s global head of sales and research, Marc...

Sep 17, 2020 View Article

Cisco Announces Quarterly Dividend Date Payable October 21, 2020

The Board of Cisco Systems, Inc. (CSCO) declared a quarterly cash dividend of $.36 per common share, payable on October 21, 2020, to all shareholders of record as on October 2, 2020. The company’s previous quarterly dividend of $0.36 per common share was paid on July 22, 2020. Cisco Systems, Inc....

Sep 17, 2020 View Article

JPMorgan To Stop Reimbursing Junior Employees For Uber & Taxi Rides To Work

As per Bloomberg's report, JPMorgan Chase & Co (JPM) will no longer pay its junior sales and trading staff for using an Uber or taxi to work, modifying the benefit which was given earlier to the staff below the managing director level amid the pandemic for commuting to work. The recent update h...

Sep 17, 2020 View Article

Visa Announces Global Partnership With PayPal Powering Faster Access To Funds Around the World

Visa Inc. (NYSE: V) and PayPal recently announced their global partnership that would help in expanding PayPal’s Instant Transfer service for small businesses and consumers that are sending or receiving money via PayPal, Venmo, or Xoom leveraging on Visa Direct for real-time payment capabilities ...

Sep 17, 2020 View Article

Travelers Announce Dates For Q3 2020 Earning Results

Reportedly, The Travelers Companies, Inc. (TRV), Inc. to release its Q3 2020 earnings results on October 20, 2020, at 9 a.m. ET. Interested parties can join the call over a live webcast at investor.travelers.com or by dialing in 844.895.1976 (U.S) / 647.689.5389 (Outside U.S). A Replay version of th...

Sep 16, 2020 View Article

American Express Modifies Pay Off Flexibility For Charge Card Holders

Reportedly, American Express Company (AXP) is allowing pay off flexibility to its charge cardholders allowing them to borrow more on their cards. Customers holding the firm’s green, gold and platinum business cards can avail the option in November. The flexibility will allow cardholders to pay off...

Sep 12, 2020 View Article

Alan Schnitzer, Chairman and Chief Executive Officer of The Travelers Companies, Inc. To Speak At Barclays Global Financial Services Conference Next Week

As per reports, Alan Schnitzer, Chairman and Chief Executive Officer of The Travelers Companies, Inc. (TRV) will join the Barclays Global Financial Services Conference on Tuesday, Sept. 15, at 8:15 a.m. ET to discuss the company’s business and/or financial performance. The event will be broadcast...

Sep 10, 2020 View Article

Goldman Sachs Settles 1MDB Payment To Malaysian Government With $2.5 Billion Payment

Reportedly, The Goldman Sachs Group, Inc. (GS) has made the $2.5 billion payment to the Malaysian government to settle charges of misconduct related to 1MDB. The government plans to use the funds to repay 1MDB’s outstanding debt, which includes $3.5 billion of bonds due in 2022 and 2023. The payme...

Aug 31, 2020 View Article

Nike Announces Release Date For Its Q1, Fiscal 2021 Earnings

Dow 30 component Nike Inc (NIKE) to announce its first-quarter fiscal 2021 financial results on Tuesday, September 22, 2020, at 1:15 p.m. PT, as per reports. The management team to host a conference call at 2:00 p.m. PT to discuss results. The event will be hosted live at http://investors.nike.com. ...

Aug 31, 2020 View Article

Brooklyn-based Tech Start-Up ConsenSys Announces Deal For JPMorgan’s Quorum

Reportedly, ConsenSys, a Brooklyn-based technology start-up has acquired Quorum, JPMorgan Chase & Co's (JPM) marquee block-chain platform. JP Morgan also announced a strategic investment in ConsenSys however, financial terms of the deal remained undisclosed. "We have acquired the Quorum IP, J...

Aug 29, 2020 View Article

American Express Secures Highest National Credit Card Issuer Ranking IN J.D. Power 2020 U.S. Satisfaction Study

As per reports, American Express (AXP) has been ranked as the highest national credit card issuer in the J.D. Power 2020 U.S. Credit Card Satisfaction Study with a score of 838, outranking the national average by 28 points. The card giant was ranked highest among communication and benefits and servi...

Aug 27, 2020 View Article

Verizon Partnering With Twitch Rivals North America To Push Boundaries of Gaming

As per reports, Verizon Communications, Inc. (VZ) is the official 5G and 4G LTE network partner of a tournament series made for Twitch streamers, Twitch Rivals North America. Verizon and Twitch to collaborate on activations at Twitch events, media, and broadcast integrations in Twitch Rivals streams...

Aug 26, 2020 View Article

American Express To Acquire Kabbage Seeking to Expand Its Digital Cash Flow Management Solutions For Small Businesses

Reportedly, American Express Company (AXP) has announced the acquisition of Kabbage, a financial technology company providing Digital Cash Flow Management solutions to small businesses. The association marks an important step for American Express of being an essential partner to small businesses a...

Aug 25, 2020 View Article

The Home Depot Releases Q2 Results With Sales of $38.1B & Declares Quarterly Dividend

The Home Depot, Inc. (HD) released Q2 earnings recently, reporting sales of $38.1B, a 23.4 percent sales increase in comparison to last year's earnings for the same quarter. Net Earnings of $4.3 billion were reported or $4.02 per share, both witnessed an increase from the last year's figures. The ...

Aug 24, 2020 View Article

JP Morgan Chase Declares Dividend On Series V, X & II Preferred Shares

As per reports, JPMorgan Chase & Co. (JPM) announced dividends on the outstanding shares of the Firm’s Series V, X and II preferred stock. More information can be accessed on jpmorganchase.com/press-releases. JPMorgan Chase & Co (JPM) is a global financial service leader in investment ban...

Aug 23, 2020 View Article

3M Announces Quarterly Dividend, Payable September 12, 2020

The Board of 3M (MMM) announced a cash dividend of $1.47 per common share for the third quarter. The dividend is to be paid on September 12, 2020, to shareholders as on August 24, 2020. 3M has maintained paying dividends to shareholders without fail for more than 100 years. 3M (MMM) is a global s...

Aug 21, 2020 View Article

Walmart Beats Q2 Estimates On Strong Shoulders Of E-Commerce Growth

Walmart Inc's. (WMT) second-quarter earnings ride high on e-commerce sales reporting a jump by 97%, as customers preferred getting their packages shipped to their home amid the pandemic. Walmart expressed plans to build on the E-commerce gains by adding membership services that would speed up deli...

Aug 20, 2020 View Article

JP Morgan Announces Appointment Of Britain’s Former Finance Minister Sajid Javid

Reportedly, JPMorgan Chase & Co (JPM) announced the appointment of Britain's former finance minister Sajid Javid as a senior adviser of the bank's advisory council for Europe, the Middle East, and Africa (EMEA). Javid departed from his government role earlier this year after differences with Pri...

Aug 20, 2020 View Article

Coca-Cola Q2 Revenue Drops As Social Spaces Remained Closed Amid Covid-19

The Coca-Cola Company (KO) released second-quarter earnings last month, reporting net revenues of $7.15B. The soda giant witnessed a 28.5% drop in quarterly revenue as sales of its trademark sodas dropped due to closure of restaurants, theaters, and sporting venues caused by the COVID-19 pandemic. N...

Aug 13, 2020 View Article

JP Morgan Reported Better Than Expected Q2 Earnings But Dimon Inserted Economic Uncertainty Cloud

JPMorgan Chase & Co (JPM) announced Q2 earnings recently and performed better than the street's expectations. The bank reported revenue of $33.83 billion versus $30.57 billion expected and EPS (adjusted) of $1.38 versus $1.01 per share expected. Net income plunged by 51%, as the bank set aside $...

Aug 10, 2020 View Article

American Express Reports Mixed COVID-19 Shutdown Influenced Q2 Results

Dow Jones payments giant American Express Company (AXP) announced Q2 earnings recently, reporting earnings of 29 cents/share versus the street's expectation of 13 cents. Revenue declined 29% to $7.68 billion below analysts' expectations of $7.9 billion. The company set aside $1.6 billion for credit ...

Aug 06, 2020 View Article

Verizon’s Q2 Earnings Rise During Lockdown

Verizon Communications Inc (VZ) released Q2 earnings this week, beating estimates for quarterly profit and revenue as demand for its phone and internet services increased due to COVID-19 imposed lockdown pushing a rapid shift to remote working and learning. Also, higher demand for internet services ...

Jul 30, 2020 View Article

Visa Reports Q3 Earnings – Stumbles As Spending Remained Tight

Visa Inc.(V) released their quarterly earnings this week, reporting a 23% drop in quarterly profit for the quarter ending June 30, as consumer spending remained tight driven by unemployment caused by the COVID-19 imposed lockdown. Net income dropped $2.37 billion, or $1.07 per Class A share, lower t...

Jul 30, 2020 View Article

Goldman Sachs Reports Stronger-Than-Expected Q2

The Goldman Sachs Group, Inc. (GS) reported stronger-than-expected Q2 earnings this week reporting a revenue of $13.3 billion versus $9.71 billion expected and an EPS of $6.26 versus $3.95 per share estimated. The bank's Fixed Income, Currency, and Commodities (FICC) sales, and trading revenue r...

Jul 23, 2020 View Article

American Express Introduces Its First Automated Accounts Payable Solution

American Express Company (AXP) recently launched its first proprietary automated accounts payable (AP) solution, American Express One AP™ helping U.S. businesses to process supplier payments more easily and efficiently. The platform offers complete end-to-end payment processing supporting multiple...

Jul 15, 2020 View Article

3M Announces Details For Q2 Earnings Call On July 28

As per reports, 3M (MMM) to host the Q2 2020 earnings conference call on Tuesday, July 28, 2020, at 8 a.m. CDT. To join the call, interested parties can dial in (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. The event will be webcast live, the replay version of the event...

Jul 15, 2020 View Article

Microsoft Q4 Earnings Due July 22

Reportedly, Microsoft Corp (MSFT) to release its fiscal Q4 2020, earning figures on Wednesday, July 22, 2020, after the market closes. The results to be published on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/ and interested parties can listen to the live we...

Jul 14, 2020 View Article

Walgreens Reports Q3 Loss Driven By Higher Costs/Low Doctor Visits

Walgreen Boots Alliance (WBA) released fiscal its Q3 earnings recently, reporting lower profits as there was a shift in sales to low-margin items, increased supply-chain costs, and increased expenses for labor and store cleaning. Walgreens confirmed that its profits were dragged down primarily by t...

Jul 13, 2020 View Article

UnitedHealth Group To release Fiscal 2020 Q2 Earnings on July 15

Reportedly, the UnitedHealth Group Incorporated (UNH) is scheduled to release its fiscal 2020 Q2 earnings on Wednesday, July 15, 2020, before the stock market opens. The company to hold a teleconference at 8:45 a.m. ET to review and discuss the results. Interested parties can view the call webcast o...

Jul 08, 2020 View Article

Visa Set to Announce Q3 2020 Earnings Release Date July 28th, 2020

As per reports, Visa Inc. (NYSE: V) to release its Q3, 2020 earnings on Tuesday, July 28, 2020. Visa’s executive management team to come together for a live audio webcast at 2:00 p.m. PT to discuss and review the results. Interested parties can listen to the live webcast at http://investor.visa.c...

Jul 08, 2020 View Article

Will Visa & Mastercard Revoke Wirecard AG’s Ability To Process Payments On Their Networks Post $2B Plus Scandal?

Reportedly, Visa Inc. (NYSE: V) and Mastercard Inc. (MA) may revoke Wirecard AG’s ability to process payments on their networks, after it started insolvency proceedings citing over-indebtedness and inability to assure it can continue as a going concern. The firm also faced a recent scandal that l...

Jul 02, 2020 View Article

Walgreens Boots Alliance Announces July 9, 2020 For Its Fiscal 2020 Q3 Earnings

As per reports, Walgreens Boots Alliance, Inc. (WBA) is scheduled to release its fiscal 2020 Q3 earnings on Thursday, July 9, 2020, at results at 7 a.m. Eastern time. A one-hour conference call with WBA management to begin at 8:30 a.m. Eastern time. The event can be accessed at WBA investor relatio...

Jun 18, 2020 View Article

American Express Joint Venture To Start Operations In China Ahead Of China’s Central Bank Approval

Reportedly, China's central bank The People's Bank of China (PBOC) has approved network clearing license for Express (Hangzhou) Technology Services Co, an American Express joint venture between American Express and LianLian DigiTech Co Ltd. American Express had applied in January to start operations...

Jun 17, 2020 View Article

Chris Newkirk Snares Visa’s Newly Created Position Of Chief Strategy Officer

Recently, Visa Inc. (NYSE: V) announced the appointment of Chris Newkirk as Chief Strategy Officer, joining office from June 15. Mr. Newkirk to head the Corporate Strategy organization and be part of the strategic planning for the company in collaboration with the company’s regional teams. Mr. Ne...

Jun 05, 2020 View Article

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...

Jun 02, 2020 View Article

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...

May 18, 2020 View Article

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...

May 14, 2020 View Article

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...

May 14, 2020 View Article

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...

May 12, 2020 View Article

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...

May 06, 2020 View Article

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...

May 06, 2020 View Article

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...

May 05, 2020 View Article

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 ...

Apr 22, 2020 View Article

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...

Apr 22, 2020 View Article

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...

Apr 10, 2020 View Article

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...

Apr 02, 2020 View Article

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 Invests In Chattanooga’s Echelon Fitness

Reportedly, Goldman Sachs Group Inc. (GS) is heading a $65 million financing in Chattanooga, Tennessee-based company, Echelon Fitness, providing the bank and other investors with a major controlling stake in Echelon Fitness. The company competes with Peloton Interactive Inc., Lululemon Athletica In...

Jan 01, 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