Tag: Financial Services

PayPal Stock Rises Sharply After Beat-and-Raise Quarter

PayPal Holdings has been a “show me” story this year, and the latest quarter looks like a good chapter for the stock

Visa reports rare quarterly revenue miss, shares drop

Visa’s third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world’s largest payments processor as steep borrowing costs limited consumer spending, sending its shares down 4.6% in extended trading.

Goldman Sachs tops estimates on better-than-expected fixed income trading

Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss provisions.

Robinhood Shares Jump on Earnings Beat, Surge in Net New Deposits

Robinhood Markets’ efforts to broaden its product lineup may be paying off as the company reported record first-quarter revenue and a surge in new assets.

Berkshire Hathaway Sees Record Operating Profits, Cuts Apple Stake

Berkshire Hathaway  saw operating profits rise 39% after taxes in the first quarter to a record $11.2 billion, boosted by strength in the company’s property and casualty insurance business and higher investment income.

Block Earnings Beat Expectations. The Stock Is Up.

Block earnings beat expectations as revenue rose 19% in the first quarter, boosted by Bitcoin. The stock is rising.

Mastercard’s profit beats on strong card spending by U.S. consumers

Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by U.S. consumers despite rising borrowing costs and persistent inflation.

PayPal’s Earnings Are Out. They’re the First Under a New Calculation.

PayPal reported quarterly results that reflected the costs of stock-based compensation for the first time. The company beat analysts’ forecasts on earnings and revenue under previous reporting standards.

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking

Goldman Sachs on Monday posted first-quarter profit and revenue that topped analysts’ expectations, fueled by a surge in trading and investment banking revenue.

Wells Fargo profit shrinks more than 7% on lower interest income

Wells Fargo’s profit fell 7% in the first quarter on Friday as it became more costly to pay customers for deposits and demand from borrowers declined.

Interlife: Στα 17,3 εκατ. τα προ φόρων κέρδη του 2023

Η Interlife έκλεισε το 2023 με ένα επενδυτικό χαρτοφυλάκιο αξίας 289,4 εκατ. ευρώ.

Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation

Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend.

Block shares surge as much as 14% after company announces surprise profit

Block
stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App revenue.

Santander announces plans for £4.7bn shareholder distribution following record results

Santander has announced that it will seek to pay out €5.5bn (£4.7bn) to shareholders just weeks after the bank unveiled record annual profits in 2023.

INTERLIFE: Με αύξηση στην παραγωγή ασφαλίστρων “έκλεισε” το 2023

Με αύξηση στην παραγωγή ασφαλίστρων “έκλεισε” το 2023 για την INTERLIFE, “ενισχύοντας περαιτέρω τη θέση της στην ασφαλιστική αγορά και επιβεβαιώνοντας τις καλές επιδόσεις της εταιρείας του πρώτου 6μηνου του προηγούμενου έτους” όπως σημειώνεται σε ανακοίνωση.

PayPal Analysts Lower Estimates After Weak Guidance. The Stock Is Dropping.

PayPal disappointed analysts and investors alike with its weak guidance for 2024.

INTERLIFE: Αύξηση Παραγωγής Ασφαλίστρων το 2023

Σημαντική αύξηση Παραγωγής κατέγραψε η INTERLIFE Ασφαλιστική το 2023 ενισχύοντας περαιτέρω τη θέση της στην Ασφαλιστική Αγορά.

Mastercard’s fourth-quarter profit jumps 11% on resilient spending

Payments processor Mastercard on Wednesday reported an 11% jump in fourth-quarter profit, driven by resilient consumer spending during the holiday season as labor markets remained strong and fears of a recession eased.

MIG: Αγόρασε γραφεία στην οδό Σταδίου έναντι 2,8 εκατ. ευρώ

Την αγορά γραφείων συνολικής ωφέλιμης επιφάνειας 1.128 τ.μ. σε εμπορικό ακίνητο επί της οδού Σταδίου 10 και Ομήρου στην Αθήνα ολοκλήρωσε η MIG στις 26 Ιανουαρίου 2024.

American Express Stock Rises on Strong Guidance. The Wealthy Are Still Spending.

American Express shares rose Friday after the card issuer reported quarterly earnings below estimates but offered strong guidance and a dividend boost.