March 28, 2024
“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at… Continue Reading…
February 10, 2022
“U.S. Treasury yields climbed on Thursday, with the benchmark 10-year rate breaching the 2% level, after key inflation data showed hotter-than-expected price pressures. The yield on the 10-year Treasury note jumped 6 basis points to hit a session high of 2%, the… Continue Reading…
June 14, 2021
“Transaction volumes on customers’ credit and debit cards and over the Zelle payment network has grown by 20% so far this year compared to this point in 2019, Moynihan told CNBC’s Becky Quick Monday on CNBC’s “Squawk Box.” The comparison… Continue Reading…
February 10, 2020
“Here are some highlights: Q4 Revenue: $400 million, +46% YOY, versus $371 million expected Q4 EPS: 12 cents, versus 8 cents expected Q4 Global Monthly Active Users (MAUs): 335 million, +26% YOY. Q4 GAAP Net loss: $36 million, 176% YOY Q4 ARPU (Average… Continue Reading…
January 31, 2020
“While well below historical highs, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails… Continue Reading…
January 20, 2020
“… ANA All Nippon Airways All Nippon Airways (or ANA) was already the most punctual of those 10 airlines in 2018. They managed to improve their on-time performance by 2.08 points, from 85.26% in 2018 to 87.34% during the first… Continue Reading…
January 15, 2020
“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…
January 13, 2020
“Shares of Mastercard (NYSE:MA) gained 58.3% last year, according to data provided by S&P Global Market Intelligence. That compares to a return of 28.9% for the S&P 500 index. The payment processor continued to post stellar growth rates on the top and bottom line. Investors see… Continue Reading…
December 31, 2019
“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion… Leading the 2019… Continue Reading…
December 30, 2019
“Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations. The value of global equities began the year just under $70 trillion but has now surpassed… Continue Reading…
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