Who is David Einhorn and why is he aggressively shorting Tesla?
During the earnings conference call of Greenlight Capital Re Ltd (GLRE) on Tuesday, hedge fund manager and revered investor David...
Finance
Preview: Square under pressure to prove worthiness as it reports Q3 earnings
Square (SQ) stock more-than-doubled in the past 52 weeks to hit an all-time high of $99.01 on September 28, before...
European banks clear stress test, but Barclays shocks
On Friday, the European Banking Authority (EBA) published the results of the 2018 stress tests, which showed that all the...
Brexit could spur interest rate hikes after holding rates at 0.75%
The UK headline interest rate is maintained as expected at 0.75% by the Bank of England. The bank projected interest...
AIG Q3 results miss estimates on catastrophe costs; net loss narrows
American International Group (AIG) Wednesday reported a net loss for the September quarter, contrary to expectations for positive earnings, hurt...
Mastercard thrives on consumer spending; reports record Q3 results
Revenues of Mastercard (MA) rose sharply and hit a record high in the third quarter as cardholders spent more on...
Earnings preview: Pros to outweigh cons when Mastercard posts Q3 results
The payments industry has remained largely unaffected by the tariff-induced trade disruptions and political uncertainties, thanks to the booming economy...
Visa Q4 earnings top estimates while revenue comes in line
Visa Inc. (V) topped market estimates on earnings for the fourth quarter of 2018 while revenues came in line with...
Nasdaq Q3 profit falls 4% but beats estimates
Nasdaq Inc. (NDAQ) reported a 4% decline in earnings for the third quarter due to the impact of the divestiture...
Capital One Financial posts upbeat Q3 results
The lower provision for credit losses and a decline in income tax provision drove Capital One Financial (COF) earnings higher...
Earnings Preview: Payments volume might power Visa’s growth in Q4
Visa Inc. (V) is scheduled to report earnings results for the fourth quarter of 2018 on Wednesday, October 24 after...
PayPal posts Q3 EPS of $0.58, beats estimates
PayPal (PYPL) posted Q3 non-GAAP EPS of $0.58, beating analysts’ estimates of $0.54. GAAP EPS increased 17% to $0.36, while...
American Express posts upbeat Q3 results
Credit card operator American Express (AXP) reported a 22% jump in earnings for the third quarter as broad-based increases in...
BNY Mellon tops Q3 earnings estimates; misses on revenues
The Bank of New York Mellon Corporation (BK) topped market estimates on earnings for the third quarter of 2018 but...
BB&T tops Q3 earnings and revenue estimates
BB&T Corp (BBT) posted Q3 adjusted profit per share of $1.01 and revenue of $2.95 billion, which beat consensus views....
Blackstone thrives on equity growth; Q3 results beat estimates
The persistent uptrend in the stock market in recent months pushed up Blackstone Group’s (BX) third-quarter results, which also topped...
Northern Trust stock falls on weak Q3 results
Northern Trust Corporation (NTRS) reported a 26% jump in earnings for the third quarter helped by higher net interest income,...
US Bancorp stock ticks up after Q3 results beat estimates
US Bancorp (USB) beat market estimates on revenue and earnings for the third quarter of 2018, giving the stock a...
BlackRock stock falls on weak Q3 revenue
Asset manager BlackRock (BLK) reported a 29% jump in earnings for the third quarter helped by higher non-operating income and...
Goldman Sachs’ solid Q3 results beat estimates; stock gets a lift
The Goldman Sachs Group Inc. (GS) topped market estimates on revenue and earnings for the third quarter of 2018, giving...
Earnings Preview: Mixed bag for Morgan Stanley this Q3
Muted trading could really affect Morgan Stanley (MS) earnings that is scheduled to release Tuesday. With slowing trading activities, revenue...