financial services
Despite Q4 loss, Diebold Nixdorf surges on upbeat sales and outlook
After plunging to a yearly low ($2.41) in December end, Diebold Nixdorf (DBD) stock jumped today on reporting upbeat Q4…
After Visa, Mastercard also surpasses quarterly earnings estimates
After Visa (V) topped Q1 2019 results on Wednesday, Mastercard (MA) also surpassed its fourth quarter 2018 bottom line estimates…
Nasdaq (NDAQ) reports in line earnings for Q4
Nasdaq's (NDAQ) Q4 EPS of $1.26 met analysts' expectations, while revenue of $645 million exceeded the analysts' views. Street had…
Commerce Bancshares beats earnings consensus by a cent in Q4
Commerce Bancshares, Inc. (NASDAQ: CBSH) reported fourth-quarter results that surpassed street estimates, thanks to a favorable credit environment. Net income…
Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations and enhance…
PNC Financial fails to meet Street’s expectations in Q4
The PNC Financial Group (PNC) reported Q4 earnings and revenue that missed analysts' predictions. The company reported earnings of $2.75…
Bank of New York Mellon Q4 profit falls; adj. earnings increase
The Bank of New York Mellon Corp. (BK) reported lower earnings for the fourth quarter, despite an increase in revenues.…
First Republic Bank stock rallies after Q4 results beat estimates
Earnings of First Republic Bank (FRC) increased and exceeded expectations in the fourth quarter, reflecting a sharp growth in interest…
Citigroup Q4 revenue drops on weak bond trading; earnings beat
Citigroup (C) reported an increase in fourth-quarter earnings, which also exceeded market expectations, mainly reflecting the bank’s cost-cutting initiatives. Revenues,…
Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins
Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter…
A decade since Lehman collapse, tracking the key executives
It’s been 10 years since the largest bankruptcy filing was made in the history of the country, by Lehman Brothers.…
Preview: Square under pressure to prove worthiness as it reports Q3 earnings
Square (SQ) stock more-than-doubled in the past 52 weeks to hit an all-time high of $99.01 on September 28, before…
Mastercard thrives on consumer spending; reports record Q3 results
Revenues of Mastercard (MA) rose sharply and hit a record high in the third quarter as cardholders spent more on…
Bank of America to benefit from lower expenses, trading recovery in Q3
The banking sector is currently going through a challenging phase, marked by rising interest rates and tariff-related headwinds. When Bank…