Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Digital Sales Boost Kohl’s First-Quarter Sales Beat
Digital Sales Boost Kohl’s First-Quarter Sales Beat
May 23, 2018  |  Retail

Boosted by strong digital sales growth, Kohl’s posted a strong first quarter and beat both top-line and bottom-line estimates. The retailer reported earnings per share...

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Gruenberg Declines To Answer On His Future In FDIC
Gruenberg Declines To Answer On His Future In FDIC
May 23, 2018  |  Regulation

As his successor is expected to be confirmed soon, Federal Deposit Insurance Corp. Chairman Martin Gruenberg faced questions about having a future leadership role at...

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Grocery And eCommerce Push Walmart’s Earnings Win
Grocery And eCommerce Push Walmart’s Earnings Win
May 17, 2018  |  Earnings

Walmart managed to mostly exceed analysts expectations when it released its latest earnings figures earlier today (May 17), news that sent its stock up 1.9...

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Macy’s Big Earnings Beat
Macy’s Big Earnings Beat
May 16, 2018  |  Earnings

It looks like Macy’s comeback plans are actually starting to take hold, as the long-struggling department store chain managed to pick up the pace on...

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Worldpay Paints an Optimistic Post-Acquisition Picture
Worldpay Paints an Optimistic Post-Acquisition Picture
May 11, 2018  |  Earnings

Since the official birth of the new Worldpay in January — U.S.-based Vantiv bought U.K.-based Worldpay and kept the name — the company has realized...

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For Goldman And Apple, One Word: Plastic (Cards, That Is)
For Goldman And Apple, One Word: Plastic (Cards, That Is)
May 10, 2018  |  Partnerships / Acquisitions

Two marquee names — one in tech and the other in finance — and a card between them. News came Thursday (May 10) that Apple...

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Tax Season Helps Green Dot to Beat Q1 Revenue Estimates
Tax Season Helps Green Dot to Beat Q1 Revenue Estimates
May 09, 2018  |  Earnings

Direct deposits, new products and tax refunds helped Green Dot beat revenue expectations for the first quarter of 2018. Green Dot on Wednesday (May 9)...

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Helios And Matheson Losing $21 Million In Cash Monthly
Helios And Matheson Losing $21 Million In Cash Monthly
May 09, 2018  |  Subscription Commerce

Through a regulatory filing, Helios and Matheson disclosed on Tuesday (May 8) that it has been losing an average of $21.7 million in cash on a...

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Five At Five: Alibaba Makes A Move In South Asia
Five At Five: Alibaba Makes A Move In South Asia
May 08, 2018  |  News

Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories focus on Alibaba’s move into...

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