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Fintech Focus For September 14, 2020
Sunday, September 13, 2020 - 8:52pm | 1823Quote Of The Day: I failed my way to success. - Thomas Edison Fintech Movers: Coinbase CEO Brian Armstrong doubled down on his past criticism of Apple, highlighting the tech giant's unwillingness to allow certain crypto-related features on its mobile app. - Block Central bankers near a...
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Fintech Focus For August 6, 2020
Thursday, August 6, 2020 - 10:37am | 1812Daily Perspective: I have no special talent. I am only passionately curious. - Albert Einstein Fintech Movers: PayPal executives said society has reached an "inflection point" when it comes to the "death of cash," and noted that 70% of consumers now fear for their health when...
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Fintech Focus For July 30, 2020
Thursday, July 30, 2020 - 8:06pm | 1944Daily Perspective: Not all those who wander are lost. - J.R.R. Tolkein Fintech Movers: Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending....
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Credit Suisse Reports Q2 Earnings Beat
Thursday, July 30, 2020 - 3:49am | 281Credit Suisse Group AG (NYSE: CS) announced its financial results for the year's second quarter on Thursday, amid a backdrop of structural change at the Swiss bank. The bank posted a net income of $1.27 billion in the quarter, up 24% from the similar period a year ago....
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Fintech Focus For July 21, 2020
Tuesday, July 21, 2020 - 2:32pm | 1578Daily Perspective: Whatever the mind of man can conceive and believe, it can achieve. - Napoleon Hill Fintech Movers: The OCC’s proposed charters will be positive for the fintech industry, facilitating innovative business models, saving on card processing fees, and, ultimately, enabling...
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Fintech Focus For July 6, 2020
Tuesday, July 7, 2020 - 10:02am | 1835Daily Perspective: More debt, more liquidity, more asset reflation. - JPMorgan Fintech Movers: Software services and online education have grown as new unicorn candidates while fintech and branded e-commerce take a back seat in the 2020 crop of new unicorns. - Crunchbase Cora preps SME products....
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Samsung Forecasts 23% Rise In Q2 Operating Profits
Tuesday, July 7, 2020 - 2:45am | 347Strong demand for chips from data center customers amid pandemic is allowing Samsung Electronics Co Ltd (OTC: SSNLF) to beat analysts’ estimates and clock a likely operating profit of $6.8 billion for the second quarter of 2020 ended June 30. What Happened Samsung announced its Q2 2020...
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Fintech Focus For July 3, 2020
Friday, July 3, 2020 - 9:26am | 1689Daily Perspective: Life is what happens when you're busy making other plans. - John Lennon Fintech Movers: An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The...
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Fintech Focus For June 30, 2020
Tuesday, June 30, 2020 - 9:37am | 1683Daily Perspective: If life were predictable it would cease to be life, and be without flavor. - Eleanor Roosevelt Fintech Movers: Uber Technologies Inc.’s financial services leader Peter Hazlehurst is calling it quits as the ride-hailing giant focuses on rides and food delivery, and ices...
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2 Nike Analysts Give Q4 Report A Pass
Friday, June 26, 2020 - 10:26am | 435Nike Inc (NYSE: NKE) reported a surprise EPS loss and revenue decline in its fourth-quarter report Thursday. Despite a shortfall versus expectations, some Street analysts remain bullish on the athletic giant. Refinitiv's Martis Focuses On Nike's Message Investors may want to overlook Nike...
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How Options Helped Cboe Vest Buffer Investor Returns During The 2020 Market Crash
Monday, April 27, 2020 - 5:39pm | 726Global markets are historically volatile amid the COVID-19 coronavirus. Typically, cash or diversification across multiple asset classes is the go-to strategy during uncertain market environments. However, with advancements in financial products, investors now have access to solutions that help...
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Pinterest Shares Rise Sharply After Preliminary Q1 Numbers Beat Analyst Projections
Wednesday, April 8, 2020 - 4:00am | 438Pinterest Inc. (NYSE: PINS) shares rose sharply on Tuesday in after hours trading as the company gave higher than expected Q1 earnings guidance. What Happened Pinterest released preliminary financial results for the quarter ended March 31 and withdrew guidance for full-year 2020 due to the...
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Samsung Reports Better-Than-Expected Q1 Revenue Despite Coronavirus Pandemic Effect
Tuesday, April 7, 2020 - 4:33am | 329Samsung Electronics Co. Ltd. (OTC: SSNLF) on Tuesday (Seoul time) reported better-than-expected earnings for the first quarter. What Happened The South Korean consumer electronics company said it made $44.9 billion in sales in the quarter, up 5% from the $42.8 billion posted in the first quarter...
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London Stock Exchange To File $27B Refinitv Merger With The EU Authorities: Report
Tuesday, January 14, 2020 - 6:18am | 414The London Stock Exchange Group will file its $27 billion merger deal with financial data provider Refinitiv with the European Union antitrust authorities in the coming weeks, the Financial Times reported on Monday. What Happened The stock exchange company has been in talks with the Brussels-based...
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Refinitiv Blocks Reuters Reports On Hong Kong Protests
Friday, December 13, 2019 - 8:45am | 498Refinitiv, a global provider of financial information, used an automated filter to block several Reuters’ stories about the ongoing Hong Kong protests since August, Reuters reports. What Happened More than 200 of their stories about the Hong Kong protests, as well as many other...