Tag Archives: Revenue

LAS VEGAS — Big Ten commissioner Tony Petitti’s entrenched position regarding a controversial future College Football Playoff format has sparked a question: Why is he so committed to a largely unpopular position? One answer, according to four sources familiar with CFP discussions, is that Petitti has made assurances of a play-in payday for Big Ten broadcast partners and campus administrators. …

Packers president Mark Murphy presented his final annual financial report Wednesday, reporting the team’s national revenue sharing from the previous fiscal year was a record $432.6 million. The NFL’s revenue sharing 18 years ago — when Murphy gave his first report — was $138 million per team, Rob Demovsky of ESPN reports. The revelation by the league’s only publicly owned …

American Express Stock Falls as Revenue Hits Record. Here’s Why.  Barron’s American Express earnings show healthy spending — including on these fancy categories  MarketWatch Amex Beats Estimates as Premium Clients Keep Spending on Cards  Bloomberg.com American Express Customers Pay Up for Lounges and Dining Perks  The Wall Street Journal AXP Earnings: American Express Stock Spikes on Healthy Q2 Beat  TipRanks Source link

KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continued to fuel results at the world’s largest contract chipmaker. CEO C.C. Wei said he saw full-year sales growth of around 30% in U.S. dollar terms, up from around mid-20% levels previously. TSMC’s second-quarter earnings per share and revenue came in higher than …

Netflix Raises Revenue, Margin Forecasts After Strong Second Quarter  The Wall Street Journal Netflix posts earnings beat as revenue grows 16% in second quarter  CNBC Netflix’s profit surges. It was not enough for the stock.  MarketWatch Netflix Tops Wall Street’s Lofty Expectations, Raises Forecast (NFLX)  Bloomberg.com Key takeaways from Netflix’s Q2, with stock dipping (NFLX:NASDAQ)  Seeking Alpha Source link

Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 per share in the second quarter, beating estimates by 4 cents, while revenue was up 4% from the same time a year ago to $26.46 billion, slightly below the analyst …

Goldman Sachs Profit Surges on Higher Trading Revenue  The Wall Street Journal Goldman Sachs tops estimates as traders generate $840 million more revenue than expected  CNBC Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos  Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities revenue  Reuters Goldman Posts Best Stock-Trading Quarter in Wall Street History  Bloomberg.com Source link

Key Takeaways The federal government collected $26.6 billion in tariff revenue in June, rising again as President Donald Trump’s tariffs policy began to take hold. Spending decreased by $187 billion in June, resulting in a budget surplus of about $27 billion for the month. The federal government’s total debt is around $36 trillion. It paid $84 billion in interest payments …