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Zacks News
Equilibrium Descends on Mixed Market Indexes: AAPL, DIS & More
by Mark Vickery
The re-balancing from a big rush out of tech into cyclical stocks earlier this week was in play Wednesday.
Payment Processing Stocks Gain on Coronavirus Vaccine News
by Zacks Equity Research
Upbeat COVID-19 vaccine news makes investors grow bullish on the payment processing stocks, leading to price rallies. As a result, travel will resume to aid cross-border payments for these companies.
Markets Rejoice Pfizer (PFE) Vaccine News
by Mark Vickery
For the month of November thus far, the Dow has already climbed more than 10%.
Virtu Financial's (VIRT) Q3 Earnings Beat, Increase Y/Y
by Zacks Equity Research
Virtu Financial's (VIRT) Q3 earnings gain from high levels of volatility and trading volumes across global markets due to COVID-19-led.
PRA Group's (PRAA) Q3 Earnings Beat Estimates, Improve Y/Y
by Zacks Equity Research
PRA Group's (PRAA) third-quarter earnings gain traction from higher revenues and better cash collection.
Owl Rock Capital's (ORCC) Q3 Earnings Miss Mark, Decline Y/Y
by Zacks Equity Research
Owl Rock Capital's (ORCC) Q3 earnings suffer COVID-19-led turmoil and increasing costs.
Visa (V) Q4 Earnings & Revenues Beat Estimates, Decline Y/Y
by Zacks Equity Research
Visa's (V) results for the fiscal fourth quarter reflect expanded payment volumes and increased processed transaction but a reduction in cross-border volumes.
Euronet (EEFT) Q3 Earnings Surpass Estimates, Decline Y/Y
by Zacks Equity Research
Euronet's (EEFT) Q3 earnings gain from its robust epay and Money Transfer segments.
Company News for Oct 26, 2020
by Zacks Equity Research
Companies In The News Are: AXP, BCS, ITW, GNTX.
Stimulus Talks Continue; Plus AXP, Housing Relief
by Mark Vickery
Further talks between House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin continue another day, now well past the self-imposed deadline to arrive at an agreement, which was earlier this week.
AmEx (AXP) Q3 Earnings Miss Due to Lower Spending on Its Cards
by Zacks Equity Research
American Express' (AXP) Q3 earnings suffer weak spending volumes due to the negative impact of COVID-19.
Fresh Stimulus Deal Talks in Progress
by Zacks Equity Research
Fresh Stimulus Deal Talks in Progress
American Express (AXP) Misses Q3 Earnings Estimates
by Zacks Equity Research
American Express (AXP) delivered earnings and revenue surprises of -6.47% and 1.07%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Visa (V) Expands Contactless Payment Method Via Tap to Phone
by Zacks Equity Research
Visa (V) strengthens its position as a global payment facilitator in the contactless space via its new Tap to Phone product.
Globe Life (GL) Q3 Earnings Miss Estimates, Guidance Cut
by Zacks Equity Research
Globe Life (GL) third-quarter results reflect lower underwriting margins arising from higher claims and elevated costs, partially offset by higher revenues.
Will Decline in Spending Dent AmEx's (AXP) Q3 Earnings?
by Zacks Equity Research
Decline in spending by customers is likely to have dragged American Express' (AXP) billed business, thereby hurting revenues in the third quarter.
AmEx (AXP) and Coupa Pay Extend Virtual Cards Usage in U.S.
by Zacks Equity Research
American Express (AXP) is rolling out virtual cards for business to business payments, in collaboration with Coupa Pay.
Earnings Preview: American Express (AXP) Q3 Earnings Expected to Decline
by Zacks Equity Research
American Express (AXP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mastercard, Stride to Address Benefits Needs of Gig Workers
by Zacks Equity Research
Mastercard (MA) collaborates with Stride to cater to the comprehensive benefits needs of gig and independent workers.
Dow ETF in Focus as Q3 Earnings Kick Off
by Sweta Killa
Nearly one-fourth of the blue chip firms are expected to announce results this week and in the next.
Mastercard, Signzy Tie Up for Faster KYC Process Completion
by Zacks Equity Research
Mastercard (MA) partners with Signzy for facilitating digital completion of KYC process by financial institutions and SMEs across India.
Mastercard (MA) Invests in Marqeta for Global Expansion
by Zacks Equity Research
Mastercard (MA) invests in the fintech player Marqeta to expand their services across the globe.
Stock Market News for Oct 9, 2020
by Zacks Equity Research
Benchmarks ended at their highest levels in one-month on Thursday after comments from President Trump raised hopes of fresh fiscal stimulus.
Mastercard Poised to Benefit From Shift to Digital Payments
by Zacks Equity Research
On the back of its global payment network, technologically-advanced products and services, security and a strong goodwill, Mastercard (MA) is well placed to gain traction from the digital transition.
The Zacks Analyst Blog Highlights: Facebook, Tesla, Lockheed, Starbucks and American Express
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, Tesla, Lockheed, Starbucks and American Express