London-based multinational advertising and public relations company WPP’s sneeze shows a flu spreading across the advertising sector, and the malaise is borne in part by bits and bytes. In fact, it looks like the traditional middlemen — the big advertising agencies like WPP, Omnicom and...
Uber has reported a 16 percent increase in quarterly bookings—and a smaller loss than the previous period—as the company showed signs of inching toward profitability. While it is not required to publicly report its financial results as a private company, earlier this year it began...
Investors aren’t an easy bunch to please these days, especially investors with retail holdings who’ve had a rough go of things lately. Case in point: Walmart beat on earnings and revenue, saw same-store sales grow and online sales explode. And yet, at the same time...
It looks like there will be some joy in retail’s Mudville after all, as Nordsrtom managed to bring in earnings that beat most of the analysts’ expectations. The store’s stock was up 3 percent in after hours trading post-release, thus freeing it from the retail...
Yes, Macy's earnings were better than the Street expected, but expectations were hardly a high bar. The sales declines continue, the guidance was soft, and yet, there were a few, okay, very very few bright spots, if you took the time to look Backstage...
In the eCommerce landscape, conventional wisdom tends to the idea that Amazon’s gravity in digital commerce is so overpowering that it is all but impossible for any entity smaller than Walmart to ever meaningfully compete against them. And a lot of experts have their doubts...
Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Top line was $222.5 million versus the Street at...
After what can best and only be described as a rough run for the last year or so for the team at Lending Club, things appear to have picked up some as of the marketplace lender’s latest quarterly earnings report. The firm logged the second-highest...
In its latest earnings report, First Data topped Wall Street estimates on the top line. CEO Frank Bisignano pointed to momentum in the North American SMB customer base, while stating that acquisitions are tracking to plan and Clover is seeing, well, green fields ahead.
