After what seemed like an almost invulnerable run, Starbucks hit some top line trouble in its Q3 earnings announcement, which sent its shares spiraling down in after-hours trading. The miss comes as Starbucks is one of many retailers trying to regain its footing in the...
Alibaba pleased Wall Street with Q3 earnings figures coming in over expectations and a revised outlook for full-year growth denoting a highly positive perspective on the future. That large growth vision is seemingly pushed by expansion in two major areas: Chinese shopper spending and Alibaba’s...
Samsung Electronics posted record earnings Monday (Oct. 30), driven by strong results in its components and mobile segments and as demand for smartphones heated up. The company said in corporate filings that net income was 11 trillion won, which bested the 10.8 trillion analysts had...
In the midst of an effort to become more of a software-focused company, ATM manufacturer and financial software firm Diebold Nixdorf posted results Tuesday (Oct. 31) that missed slightly on the top line as large banking projects are being pushed out to subsequent quarters. Adjusted...
First Data reported earnings that were largely in line with expectations, but showed softness within some of its North American operations. Revenues were $1.9 billion for the third quarter, excluding reimbursable items, up 4.4 percent year over year, and earnings were $0.40 a share, matching consensus....
Kenneth Chenault, the long-running chief executive at American Express, stands to have made more than $370 million during his years at the helm. According to a report in the Financial Times, citing data provided to the newspaper by Equilar, the pay consultancy firm, the longest-running...
After a massive security breach that leaked the personal information of 145.5 million consumers, it’s no surprise that Equifax isn’t rushing to report its earnings. According to a Reuters news report, the company has until Nov. 9 to release its results or request an extension...
Goldman Sachs predicted Wednesday (Oct. 25) that eCommerce giant Amazon will offer up quarterly earnings that fail to meet Wall Street expectations. According to news from CNBC, Goldman Sachs said that operating income will likely fall below Wall Street views when the company reports third...
On Wednesday (Oct. 25), TSYS reported earnings results that showed organic revenue growth across its payments processing and card segments. TSYS earnings came in at $0.88 a share on an adjusted basis, $0.07 better than Wall Street predicted, and revenues on a net basis were up...
