Visa Inc. outperformed third-quarter tax earnings and revenue expectations on Tuesday, but the company experienced a decline in volume as the COVID-19 crisis continued to slow spending growth, especially in the travel category. Share V, -0.08% they were out of 2% in after-hours trading. The company posted net income of …
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A weaker day for stocks is brewing on Tuesday, as optimism about the US stimulus progress. The asset that stole the show on Monday, of course, was GCQ20 gold, -0.34%, which rose to $ 1,931 an ounce, the highest settlement in history. That prompted the crowd to expect $ 2,000 …
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Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
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The numbers: Sales of new single-family homes increased sharply for the second consecutive month in June, taking the sales rate to its highest level in 13 years, according to data released on Friday. The annual sales pace for new home sales in the United States increased 13.8% last month to …
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Berkshire Hathaway now owns 981.6 million Bank of America shares worth around $ 24 billion. Houston Cofield / Bloomberg Text size Bank of America is Warren Buffett’s favorite bank. Berkshire Hathaway (ticker: BRK.B) collected 33.9 million shares last week, paying around $ 810 million, or an average price of around …
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