financial

Sonic's Shares Dropped After Revenue Missing Estimates

Sonic's Shares Dropped After Revenue Missing Estimates

Sonic Corp. (NASDAQ: SONC) released its financial results for the third quarter of fiscal 2018. With earnings beating expectations but revenue missing estimates, shares of the company dropped 7% in the extended session on Tuesday.“Our third qu..

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

AlipayHK, a Hong Kong-based joint venture owned by China financial technology firm Ant Financial (ANTFIN.UL) and conglomerate CK Hutchinison Holdings, launched a cash remittance service powered by blockchain, between Hong Kong and the Philippines.Ho..

John Wiley & Sons Beat on Q4 Earnings

John Wiley & Sons Beat on Q4 Earnings

On Tuesday, John Wiley & Sons, Inc. (NYSE: JW.A) announced its financial results for the fourth quarter for fiscal 2018. Shares of the global research and education company remained unchanged in premarket trading Tuesday after reaching $68.9 per..

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

The operator of Alipay, China’s biggest online payment platform, Ant Financial Services Group, owned by Alibaba Group Holding Ltd (NYSE: BABA), said that they have raised about $14 billion from domestic and international investors in Series C ..

DSW Inc. Reported Better-than-Expected Earnings

DSW Inc. Reported Better-than-Expected Earnings

DSW Inc. (NYSE: DSW), which is a leading branded footwear and accessories retailer, announced its financial results for the first quarter of fiscal 2018, with both earnings and revenue beating expectations.According to the company, revenue for the f..

J.Jill Announced Fourth-Quarter Financial Results

J.Jill Announced Fourth-Quarter Financial Results

On Thursday, J.Jill, Inc. (NYSE: JILL), the specialty women’s apparel retailer, announced its financial results for the fourth quarter of fiscal 2017. Revenue of the retailer beat estimates. However, with the weak outlook for the first quarter..

Several Cryptocurrencies Exchanges Got Punishment Notices from Japanese Authorities

Several Cryptocurrencies Exchanges Got Punishment Notices from Japanese Authorities

Japan’s financial regulator – Financial Service Agency, issued some administrative punishment notices on Thursday on some cryptocurrencies exchanges after the $530 million theft of digital money happened in January to enhance the consume..