Synchrony Financial‘s (NYSE: SYF) loan portfolio is swelling in size, but that growth isn’t making its way to the bottom line. In the third quarter, the store credit card issuer and consumer lender revealed that its earnings declined about 8% despite 9% growth its loan portfolio versus the year-ago period. Continue […]
FOX Business News
NAACP warns African-Americans against travel on American Air
DALLAS – The NAACP is warning African-Americans that if they fly on American Airlines they could be subject to discrimination or even unsafe conditions. Continue Reading Below American’s CEO said Wednesday that he was disappointed by the announcement and that American wants to discuss the matter with the civil rights […]
3 Reasons Chipotle Stock Won’t Hit $758 Anytime Soon
There were plenty of reasons to brace for a rough third quarter at Chipotle Mexican Grill (NYSE: CMG), and that’s just what investors got on Tuesday afternoon. Between another food-borne illness outbreak early in the quarter and the market’s chilly reaction to the queso rollout during the tail end of the period, […]
Superior Energy Services (SWK) Q3 2017 Earnings Conference Call Transcript
Superior Energy Services (NYSE: SWK)Q3 2017 Earnings Conference CallOctober 24, 2017, 9 00 a.m. ET Continue Reading Below Contents: Prepared RemarksQuestions and AnswersCall Participants Prepared Remarks Operator Good day, and welcome to the Superior Energy Services Third Quarter 2017 Earnings Call. Today’s conference is being recorded. At this time, I would […]
Mexico central bank increases hedge auctions to support peso
MEXICO CITY – Mexico’s central bank says it’s moving to bolster the peso, which has taken a beating from uncertainty related to renegotiation of the North America Free Trade Agreement. Continue Reading Below The bank said Wednesday it will increase the peso coverage contracts it auctions to cushion the risk […]
What to watch for at the European Central Bank meeting
FRANKFURT, Germany – With the economy growing nicely, the European Central Bank is expected to sketch out a road map at its meeting Thursday for a gradual exit from its extraordinary monetary stimulus program. Continue Reading Below The ECB’s president, Mario Draghi, has said that “the bulk” of the decisions […]
Not at home? Amazon wants to come in and drop off packages
NEW YORK – Would you let a stranger in your house to drop off a package? Amazon hopes so. Continue Reading Below The online retailer said Wednesday that it will launch a service next month called Amazon Key that would allow delivery people to walk into your home and drop […]
New screenings for US-bound passengers on global airlines
DUBAI, United Arab Emirates – Five global long-haul airlines will begin new security interviews of all passengers on U.S.-bound flights starting Thursday at the request of American officials, the companies said Wednesday. Continue Reading Below Long-haul carriers Air France, Cathay Pacific, EgyptAir, Emirates and Lufthansa all said they’d start the […]
In poll, people say Trump tax plan benefits rich, companies
WASHINGTON – Most Americans say President Donald Trump’s tax plan would benefit the wealthy and corporations, and less than half believe his message that “massive tax cuts” would help middle-class workers, according to an Associated Press-NORC poll. Continue Reading Below The survey could serve as a warning sign for Trump […]
Hurricanes Cool Off Watsco’s Growth — for Now
Hurricanes Harvey, Irma, and Maria have devastated several parts of the U.S., and their impact on businesses has become increasingly clear as earnings season has progressed over the past couple of weeks. Watsco (NYSE: WSO) distributes air conditioning, heating, and ventilation equipment and systems, and the locations it serves include […]