PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.
Schlagwort-Archiv: CNBC
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal
The SEC’s probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.
PayPal poaches Wells Fargo’s innovation executive Peggy Mangot for venture capital team
PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.
Stocks making the biggest moves premarket: Apple, CVS, Blackstone, Wynn Resorts and more
Some are the stocks posting the largest moves before the bell on Wednesday.
Fed Vice Chair Clarida still sees the economy staging a comeback this year
The central bank’s director of bank supervision said he hasn’t changed his forecast despite a swell in Covid-19 cases that have caused a general slowing in resumption of activities
Moderna’s second-quarter revenue jumps fivefold on coronavirus vaccine development
Moderna said it has begun talks with multiple countries to supply its potential coronavirus vaccine, called mRNA-1273, and has already received about $400 million in deposits as of July 31.
Singapore’s top banks are reporting earnings this week. Here’s what to expect
The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally.
Commerzbank profit slumps 21% as loan loss provisions spike, but beats expectations
Commerzbank on Wednesday reported a 21% fall in second-quarter net profit to 220 million euros ($259.7 million) on the back of a sharp increase in loan loss provisions.
Disney shares pop after it reveals 100 million streaming subscribers and plans to launch a new streaming service
Disney took a $3.5 billion hit to its operating income from parks being closed during the quarter.
CVS Health raises forecast for year as it adapts to changing health-care habits
The company filled fewer prescriptions during the quarter because of stay-at-home orders, but its health benefits business got a boost as people delayed elective procedures.