Wall Street

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests.

Source: en.wikipedia.org

Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
August 30, 2018  |  Earnings

Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from $75. Square, which...

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Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
August 21, 2018  |  Earnings

Despite an earnings report that came in above what analysts were forecasting for Q2, Kohl’s share price slid after weaker than desired guidance for the...

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Tencent’s Profit Drop Drags On Chinese, Tech Stocks
Tencent’s Profit Drop Drags On Chinese, Tech Stocks
August 15, 2018  |  Earnings

There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside. Case in point:...

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OnDeck Sees Loan Originations Up 26 Pct In 2Q
OnDeck Sees Loan Originations Up 26 Pct In 2Q
August 07, 2018  |  Earnings

OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with...

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Apple Surpasses $1 Trillion In Market Cap
Apple Surpasses $1 Trillion In Market Cap
August 02, 2018  |  Apple

Apple became the first company trading in the U.S. to have a market capitalization of more than $1 trillion, hitting that milestone earlier on Thursday...

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Amazon Could Hit $1T Market Cap Before Apple
Amazon Could Hit $1T Market Cap Before Apple
August 01, 2018  |  Retail

Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple could potentially pull...

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First Data Sees Clover Volumes Up 50 Pct Year Over Year
First Data Sees Clover Volumes Up 50 Pct Year Over Year
July 30, 2018  |  Earnings

Payments processor First Data posted results that topped expectations, buoyed by continued traction in its Global Business Services (GBS) segment, and with continued double-digit growth...

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Wells Fargo’s Q2 Disappoints After Scandals
Wells Fargo’s Q2 Disappoints After Scandals
July 13, 2018  |  Earnings

Wells Fargo, which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than expected earnings and...

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Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market
Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market
July 13, 2018  |  B2B Payments

Analysts are warning that rising competition among large lenders and shadow banks to issue junk bonds may cause a “race to the bottom” and uncover...

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