SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter. But beyond the quarterly numbers, management said the company is satisfied with the movement toward a planned merger with BB&T Corp. Drilling down...
Following news that Snap Chief Executive Evan Spiegel unveiled new strategic goals and acknowledged shortcomings with a recent design of its app in a memo, the social media company’s shares fell by 0.7 percent on Friday (October 5). The most recent decline comes as the...
August 28, 2019
At-home fitness company Peloton, which is best known for its exercise bikes and treadmills with screen peripherals allowing for streamed workout classes, said on Tuesday (August 27) that sales were positive but losses were also growing, according to a report by CNBC. The company, which was founded in 2012, filed paperwork with regulators ahead of […]
October 05, 2018
Following news that Snap Chief Executive Evan Spiegel unveiled new strategic goals and acknowledged shortcomings with a recent design of its app in a memo, the social media company’s shares...
