Finance

PayPal shares soared 9 percent on Friday after the company beat expectations on earnings and revenue and announced positive news about its peer-to-peer app Venmo. The payment company’s stock hit a high above $86. Shares are up more than 26 percent year over year. On Thursday, PayPal reported third-quarter earnings that beat Wall Street’s expectations,
0 Comments
The “Fast Money” traders shared their first moves for the market open. Dan Nathan was a seller of the Financials ETF Brian Kelly was a buyer of SPDR Gold Shares Karen Finerman was a buyer of Golar LNG Guy Adami was a buyer of Viacom Trader disclosure: On October 18, 2018 the following stocks and
0 Comments
Check out the companies making headlines before the bell: Procter & Gamble – The consumer products giant reported adjusted quarterly profit of $1.12 per share, exceeding estimates by 3 cents a share. Revenue also came in above Street forecasts and the company posted organic sales growth of 4 percent for its fiscal first quarter. Honeywell
0 Comments
Wall Street has a new biggest Apple bull. Longtime technology analyst Daniel Ives, fresh off a move to Wedbush Securities from GBH Insights, initiated coverage of Apple with an outperform rating and a 12-month price target of $310. His forecast — higher than that of any other analyst on the Street — implies more than
0 Comments
Investors finally got what they were waiting for in PayPal‘s quarterly earnings: Good news about Venmo. The peer-to-peer payments app, which PayPal acquired along with Braintree in 2012, has struggled to make money for its parent company. Wall Street analysts highlighted the app’s performance as a key metric to watch in Thursday’s earnings report. Venmo
0 Comments
Check out the companies making headlines after the bell: PayPal stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines, reporting earnings of 58 cents per share on revenue of $3.68 billion, vs. analyst estimates
0 Comments
London’s market continued to boom amid political tension, with financial services exports totalling £68 billion in 2017 — more than New York and Singapore combined. Catherine McGuinness, policy chairman of the City of London Corporation, said the U.K.’s financial services district was a “magnet” for foreign investors, helping to generate major capital projects — long-term
0 Comments
Drew Angerer | Getty Images William Browder, chief executive officer of Hermitage Capital Management, takes his seat as he arrives for a Senate Judiciary Committee hearing titled ‘Oversight of the Foreign Agents Registration Act and Attempts to Influence U.S. Elections’ in the Hart Senate Office Building on Capitol Hill, July 27, 2017 in Washington, DC. 
0 Comments
Today, almost 26 million of the lender’s customers use its mobile banking app, an adoption rate that appears to be accelerating. That shift has allowed the company to close underperforming branches and shift personnel to client-facing positions. Artificial intelligence and robotic process automation has helped the firm’s Wall Street divisions cut 84,000 work-hours a year,
0 Comments
Qilai Shen | Bloomberg | Getty Images James Gorman, chief executive of Morgan Stanley. Morgan Stanley reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday. Here’s how the company did compared with what Wall Street expected: Earnings: $1.17 per share vs. $1.01 per share forecast by analysts polled by Refinitiv Revenue: $9.87 billion
0 Comments