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Financial Services

Earnings Scorecard: Looking Ahead to Facebook and Netflix

Netflix reports on Monday and analyst expect $0.83 a share on $1.27 billion in revenues. On Wednesday analyst expect Facebook to report $0.24 a share on $2.35 billion in revenues.

04/17/14 - 06:11 PM EDT

Lending Club Picks Up IPO-Breed of Investors

Peer-to-peer lender Lending Club said on Thursday it has picked up the type of investors it would want when the company is taken public, after raising $65 million from T. Rowe Price, Wellington Management, Blackrock and Sands Capital

04/17/14 - 04:07 PM EDT

Earnings Scorecard: Looking Ahead to Facebook and Netflix

Earnings Scorecard: Looking Ahead to Facebook and Netflix

Netflix reports on Monday and analyst expect $0.83 a share on $1.27 billion in revenues. On Wednesday analyst expect Facebook to report $0.24 a share on $2.35 billion in revenues.

04/17/14 - 06:11 PM EDT

Article
Lending Club Picks Up IPO-Breed of Investors

Lending Club Picks Up IPO-Breed of Investors

Peer-to-peer lender Lending Club said on Thursday it has picked up the type of investors it would want when the company is taken public, after raising $65 million from T. Rowe Price, Wellington Management, Blackrock and Sands Capital

04/17/14 - 04:07 PM EDT

Article
Platform Hunts For Deals After Chemtura AgroSolutions Acquisition

Platform Hunts For Deals After Chemtura AgroSolutions Acquisition

  • Tickers in this article:
  • PAH
  • CHMT

Platform Specialty Products, a specialty chemical company that was born from a special purpose acquisition vehicle founded by Jarden chairman Martin Franklin, said on Thursday it will buy Chemtura AgroSolutions from Chemtura for $1 billion in cash and stock.

04/17/14 - 01:23 PM EDT

Article
Blackstone Discusses Fannie and Freddie Stake

Blackstone Discusses Fannie and Freddie Stake

Blackstone Group President and COO Hamilton "Tony" James confirmed the company's preferred equity stake in Fannie Mae and Freddie Mac but said he does not believe the asset management giant will drive the debate over the future of the government sponsored enterprises

04/17/14 - 12:32 PM EDT

Article
Why Nelnet (NNI) Stock Is Soaring Today

Why Nelnet (NNI) Stock Is Soaring Today

  • Tickers in this article:
  • NNI
  • CIT

Nelnet (NNI) stock is up following the company's purchase of CIT Group's (CIT) student lending business.

04/17/14 - 01:15 PM EDT

Article
Why Chipotle Is Raising Menu Prices

Why Chipotle Is Raising Menu Prices

  • Tickers in this article:
  • CMG

Chipotle is finally doing what Wall Street has long expected - it's raising menu prices.

04/17/14 - 12:10 PM EDT

Article
Mt. Gox, the Once Mighty Bitcoin Exchange, Is Finished

Mt. Gox, the Once Mighty Bitcoin Exchange, Is Finished

Liquidation proceedings are expected to begin in Tokyo.

04/17/14 - 11:44 AM EDT

Article
Why UnitedHealth Group (UNH) Stock Is Falling Today

Why UnitedHealth Group (UNH) Stock Is Falling Today

  • Tickers in this article:
  • UNH

UnitedHealth Group (UNH) stock is falling Thursday after missing analysts' expectations for revenue in the first quarter.

04/17/14 - 11:41 AM EDT

Article
BlackRock (BLK) Stock Down Despite Positive Earnings Report

BlackRock (BLK) Stock Down Despite Positive Earnings Report

  • Tickers in this article:
  • BLK

BlackRock (BLK) shares are down despite a 19.6% profit increase

04/17/14 - 10:38 AM EDT

Article
Walmart Launches 'Low-Cost' Money Wire Service

Walmart Launches 'Low-Cost' Money Wire Service

  • Tickers in this article:
  • WMT
  • EEFT

Walmart is adding to the list of financial services that it provides for under-banked and unbanked consumers by launched a low-cost money wire transfer service that it says will allow consumers to transfer money for up to 50% less than other wire transfers.

04/17/14 - 10:30 AM EDT

Article
Goldman Sachs Beats Low Bar in First Quarter

Goldman Sachs Beats Low Bar in First Quarter

  • Tickers in this article:
  • GS

Goldman Sachs beats analysts' quarterly estimates on its top and bottom line even as sluggish trading activity drags on profitability. The bank records an 11% drop in first-quarter profit, symptomatic of declines in both institutional client volume and fixed-income revenue.

04/17/14 - 09:25 AM EDT

Article
Morgan Stanley Shrugs Off Sector's Revenue Slowdown

Morgan Stanley Shrugs Off Sector's Revenue Slowdown

  • Tickers in this article:
  • MS

Morgan Stanley reports better-than-expected first-quarter results as revenue surges at the highest rate among banks that have reported so far this season.

04/17/14 - 07:54 AM EDT

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