Jennifer Tekneci is a senior reporter covering the financial services industry, which includes banking, insurance, and financial technology. She joined The Deal from Mergermarket, previously part of the Financial Times Group, where she also covered the FIG beat from 2011 to 2015. She started her career in financial journalism at Barron’s, part of Dow Jones & Co.
While loan-origination growth of 7% outpaced 4% gains at Square and a drop of 15% at Prosper, the lack of a forecast suggests investors should be cautious, analysts say.
If both Twitter and Square were doing well, it may be a different story for Dorsey, who is founder and CEO of both companies.
The payments technology company may need to step up its game.
The gadget-maker may have a fan in Jim Cramer, but the company does not seem to get how Wall Street works.
As shares trade at a huge discount to tangible book, there couldn't be a better time to invest in the New York bank.
Cramer called the financial technology player a game-changer.
Capital One shares are down 3% following its first-quarter earnings announcement.
The Virginia bank reported earnings of $1.84 a share on revenues on $6.2 billion for 1Q16.
One of the biggest takeaways from Synchrony's first quarter is the general health of consumer spending, a key driver of the U.S. economy.
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