With its stock value up 10 percent in after-hours trading – Square has managed to please investors with losses smaller than expected, growing payments volumes and continuing signs of strength emanating from its lending platform for small business, Square Capital. It’s a far cry from investor reactions during Square’s Q1 announcement,...
First Data CEO Frank Bisignano touted strength in its core businesses, regional strength in Latin America and four new bank relationships when reporting Q2 results yesterday. But it’s the growth in the SMB segment — and Clover — where he says the processing giant sees...
Another earnings report this week, and another victory march to go with it. After Amazon and Facebook stepped up to the plate to deliver some powerful shots to left field, Google hit with the last entry into this week’s earnings home run derby. Alphabet, Google’s...
If Whole Foods has really drastically cut prices, consumers don’t seem to be buying it. At least, that was the message on Thursday (July 28) as shares of the upscale and health-styled grocer fell more than 9 percent on a disappointing quarterly earnings report. It was...
GrubHub, the online delivery service that will bring restaurant meals to your doorstep for a fee, was the hottest stock on Wall Street on Thursday (July 28) after the delivery company crushed its second quarter earnings report. GrubHub’s revenue rose to $120.2 million in the...
The earnings reports are in — and they are quickly separating the sizzlers from the fizzlers. Apple sorta fizzled, but the markets don’t seem to have noticed. Facebook sizzled incredibly, and the markets definitely noticed. Retail had a good week, both in concept with contextual...
High analyst expectations mean the pressure has been on for Facebook in Q2 2016, and the company’s focus on video services, particularly for mobile users, is paying off. On an earnings call Wednesday (July 27), Facebook reported its revenues for Q2 2016 at $6.4 billion, up...
Back in April, TSYS completed its acquisition of TransFirst, cementing a $2.4 billion cash deal that certainly impacted the second quarter numbers that were reported on Tuesday (July 26). In comments made to analysts and investors to discuss results, M. Troy Woods, chairman and CEO of...
Twitter is neither chirping merrily nor changing its tune. Disappointing Q2 earnings repeat the refrain from Q1. On an earnings call Tuesday (July 26), after early analyst estimates predicted revenues of $678 million, Twitter executives announced that the Q3 numbers are closer to $610 million,...
